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Friday, April 20, 2018
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The Big One

A breakdown on the day’s biggest Inno story.

Lucy: After a combined 150K votes, we have our Tech Madness Champions.

The competition was stiff, with 64 private companies and 16 public companies entering their respective brackets in the hope of becoming the last one standing.

Now, two local companies can claim that honor.

The winner of the private bracket is botkeeper, which took home the title of “2018 Tech Madness Champion – Private Bracket.” With 7,327 votes received in the last round, botkeeper – an automated bookkeeping service – prevailed over Notarize, which ended up as runner-up.

As for the public bracket, the winner is LogMeIn, which can now add “2018 Tech Madness Champion – Public Bracket” to its list of awards. Runner-up for this year is TripAdvisor.

Interestingly, both this year’s runner-ups are making moves today. Take a look at the rest of the newsletter to see what Notarize and TripAdvisor are up to.

For the full announcement of the Tech Madness Champions, check out this post. Read more: And the Winners of BostInno’s 2018 Tech Madness Brackets Are…

In The Know

The Inno stories you need to read today.

Elsewhere in Inno

Stories from around the Inno network we think you’ll dig.

– This New Chicago Startup Is Making the First Protein-Packed Hummus [Chicago Inno]
– Impact Hub Appoints New Director Ahead of Move to Finnegans [Minne Inno]
– What General Assembly’s Acquisition Means for the D.C. Campus [DC Inno]

Making Moves

Inside the people, companies and organizations making moves in Boston.

KG: Brain Power, the wearable A.I. system for people with brain-related challenges, is betting on educators and therapists to become potential customers as it seeks to sell its software suites to schools and educational centers across the country. Since January, the company “started in real earnest” to pitch the product to the kindergarten through college market. So far, the startup has met with various New England area schools – a middle school in Plymouth, an elementary school in Duxbury, a high school in Lawrence, a charter school in Cambridge and Landmark College in Vermont – to introduce Empowered Brain. The glasses and software packages were just released just in November of 2017. Read more: Autism Tech Startup Envisions Smart Glasses at Head of the Class

Lucy: TripAdvisor, this year’s public Tech Madness bracket runner-up, acquired Iceland-based Bokun, a provider of business management technology for the tours, attractions and experiences industry. The company will remain based in Iceland, with immediate plans to expand the team. Terms of the acquisition will not be disclosed.

KG: Every spring, Jeff Bussgang from Flybridge Capital posts a comprehensive list of fast-growing companies for new graduates to check out during their job search. This year’s list includes companies like ActifioDesktop MetalDataXuIndigo AgricultureCarboniteTamrZaius and many more. See the full post here, which also contains lists for NYC, SF, LA, Israel and London.

New Money

Your daily funding roundup.

Lucy: Notarize, a Boston-based startup that connects customers with licensed remote notaries online, raised $18.9M in an equity round, according to a new Form D. As noted in the document, around $10.9M of the total amount sold was from conversion of promissory notes. Read more: SEC Filing: Notarize Raises $19M in an Equity Offering 

Player Personnel

Who’s moving where.

Lucy: TetraScience has added three new hires to its leadership team. L Hood, VP of product, is a former product director at SHYFT AnalyticsJon Patterson, head of business development, was a VP of sales at ArxspanSo Ling Chiu, senior solution architect, was senior director for client solutions engineering at Kyruus.

Read This Right Now

Insight and analysis from the community and beyond.

KG: Sarah Downey of Accomplice continues her series on how to Angel Invest with Part 5: Good founder qualities (and red flags)“Products pivot, companies flounder, and markets change, so the one constant will be the people you’re backing. You’re betting on them to be tenacious, dedicated and adaptable.”


Featured Jobs

Featured startup and tech jobs on BostInno’s new Careers Directory.

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Meet The Authors

Lucia Maffei

Kyle Gross (KG)

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