In The Know
The Inno stories you need to read today.
Inside the people, companies and organizations making moves in Boston.
Lucy: The Weather Channel app users can now get recommendations for things to do and places to see that are compatible with the weather forecast. The new functionality works thanks to a collaboration between The Weather Company and Needham-based TripAdvisor. The new feature, which currently works only for the Samsung version of The Weather Channel app, uses machine learning to synchronize calendar events, weather forecasts and more than 830,000 TripAdvisor attractions. The system is trained to help users avoid the risk of getting wet during an outdoor activity, as well as missing the sunshine because of a scheduled trip to museums. Read more: TripAdvisor Now Suggests Things to do Based on Weather Forecast
Dylan: Rev, a program promoting women in Boston tech run by Sarah Downey of Accomplice and Diane Hessan, just announced its third group of women who are moving up in the Boston tech world. “The common thread that unites them: they’re our bet on who’s going to be running this ecosystem in a few years, they’ve already accomplished great things, and they’re on a trajectory to do even more,” Downey wrote in a post for us. The women selected this year include Danielle Cohen of Runkeeper, Jeannie Finks of Acquia, Colleen Miller of Toast, Shauni Deshmukh of Tettra and Katie Ng-Mak of HubSpot. Read more: Announcing Rev 3, the 20 Women Taking Over Boston Tech Next
Lucy: Speaking of partnerships, Apple announced today that it will be working directly with GE on a variety of things, TechCrunch reported. The two companies have committed to “build a set of development tools and to develop apps together using Apple’s design sensibility and deep understanding of iOS,” among other things.
Your daily funding roundup.
Dylan: Spectrum Equity, a Boston-based private equity and VC firm, has raised a $1.25B fund. Portfolio companies include Bitly, Litmus, Extreme Reach and Survey Monkey.
Who’s moving where.
Dylan: HubSpot announced that Jill Ward is taking over the board seat from early HubSpot investor Larry Bohn of General Catalyst. Ward was most recently president and COO of Fleetmatics and had also served as an executive at Intuit and Fidelity.
Lucy: Adam Medros is the new president and COO of EdX. Previously, Medros was SVP of global product at TripAdvisor.
Dylan: SyncThink, a startup that uses VR eye-tracking to diagnosing concussion symptoms in athletes, added New Orleans Saints Tight End Coby Fleener to its athlete advisory board.
Lucy: The Martin Trust Center for MIT Entrepreneurship is adding Kit Hickey as a new Entrepreneur-in-Residence. While a student at MIT’s Sloan School of Management, Hickey co-founded Ministry of Supply, a fashion and retail company that sells “performance professional” clothing.
Dylan: 55 Institutional Partners, an investment science and technology firm, appointed Dr. Leonid Kogan as its chief investment scientist. Konid is the chair of the finance department at the MIT Sloan School of Management.
In The Community
The events and happenings to know about tonight and this week.
Lucy: Tonight, CIC Boston is hosting a panel on the dark side of blockchain and cryptocurrency. Presenters are David Fragale, who advises startups and enterprises in the blockchain space, and Eduard Kotysh, founder and CEO of Solidified. The event starts at 6:00 p.m.