In The Know
The Inno stories you need to read today.
Inside the people, companies and organizations making moves in Boston.
KG: Local PE firm Advent International is going to merge two companies that they purchased a majority stake in: Clearent, a Missouri payments company, and FieldEdge, a field service management company. All the details are here.
Lucy: Assuming that you don’t want to get on the streets to follow the marathon, here’s a list of ways to keep track of runners from a cozy, indoor location. With the Boston Marathon app, for example, you check out the progress of a specific runner in real time. Read more: How to Track Runners at the 2018 Boston Marathon
KG: When Orioles pitcher Ryan O’Rourke was starting out, he found baseball recruiting to be inefficient and old fashioned. He had to email coaches one by one, hoping for a response, and pay hundreds of dollars for baseball scouting events, hoping to get noticed. “It was the most archaic system of all time,” said O’Rourke. “It was time consuming… and… the reach was not that vast.” The Mass. native now hopes the newly launched Hub-based startup, ScoutDay, of which he’s an adviser and investor, will become a game changer for how high school baseball players are recruited. Read more: ScoutDay Pitches to Become Game Changer in Baseball Recruiting
Your daily funding roundup.
Lucy: Skillist, which is developing a job application platform that helps companies in need of talent connect with skilled jobseekers who don’t have four-year degrees, closed a pre-seed round of $550K led by Flybridge Capital Partners.
KG: Kolide, a security analytics company, raised $8M in Series A funding. Matrix Partners led the round.
In The Community
The events and happenings to know about tonight and this week.
KG: The fourth cohort of startups in the ScaleUp program at TiE Boston is polishing up its pitches for Demo Day, the last milestone of TiE Boston’s five-month signature accelerator. Tomorrow, the public will get to see just how far the 15 companies have come during a presentation at Demo Day.
Lucy: Here’s an update of what some of the TiE Boston startups have accomplished in the past six months. Spiro Technologies, a CRM provider based in Boston, announced a $3M seed round led by Geekdom Fund. Also, Medumo, a digital health startup that is also among the 32 participants in the 2018 PULSE@MassChallengedigital health accelerator, raised a $2M seed round in January and was shortly after profiled on Techcrunch. Last but not least, PlenOptikastarted its journey as one of the members of the Harvard Innovation Labs’ fall cohort. Read more: 15 Startups That Will Present at TiE ScaleUp Demo Day
Featured startup and tech jobs on BostInno’s new Careers Directory.