In The Know
The Inno stories you need to read today.
Inside the people, companies and organizations making moves in Boston.
Lucy: GE and Microsoft have committed to supporting edX students who are also Massachusetts residents in their education and career development in the tech industry. GE will guarantee a job interview for Massachusetts residents who complete a MicroMasters program offered by edX in one of four critical fields: artificial intelligence, cybersecurity, cloud computing or supply chain. As for Microsoft, the tech giant will contribute toward the cost for any community college student in Massachusetts to complete the entry-level professional certificate in computer science on edX. Read more: edX, GE and Microsoft Partner to Help Local Students Get Tech Jobs
Dylan: Qvidian, a provider of cloud-based RFP and sales proposal automation software, has been acquired by Austin-based Upland Software for $50M in cash. Upland says it expects the acquisition to bring it an additional $19.5M in annual revenue, $17.3M of which is recurring. Qvidian, which is headquartered in Chelmsford, had raised $31M in capital. Investors included Commonwealth Capital, North Bridge Venture Partners and Kodiak Venture Partners.
Lucy: Remember former BostInno editorial intern Natasha Mascarenhas? Now at the Boston Globe, she wrote a story about an alleged infestation of bedbugs at Boston home security company SimpliSafe. Employees accuse management of downplaying the problem and spraying chemicals in the office during business hours, but the company denies the claims.
Your daily funding roundup.
Dylan: Locus Robotics, a Wilmington-based provider of collaborative robots that help fulfill ecommerce orders, has raised a $25M Series B round led by Scale Venture Partners.
Who’s moving where.
Lucy: Salsify announced four additions to its leadership team: Mary Jefts as its new CFO, Malcolm Faulds as VP of marketing, Steve McKenzie as VP of sales for commercial & enterprise accounts, and Doug Bleszinski as VP of sales for global accounts. Previously, Jefts was CFO for Unidesk, Acquia and OpenPages; Faulds was SVP of marketing at Drizly; McKenzie was the VP of sales at InsightSquared; and Bleszinski held sales leadership roles at Elastic, beqom and Salesforce.
In The Community
The events and happenings to know about tonight and this week.
Dylan: Dude, we have Michael Dell coming to Boston next week. The CEO and founder of Dell Technologies will speak at the Boston College Chief Executives Club luncheon on Tuesday, Nov. 28, at the Boston Harbor Hotel. He’s expected to have some media availability after his talk, so let me know if you have any questions for him.
Lucy: No shortage of tech events in Boston during Thanksgiving week. Wednesday at 10:30 a.m., for example, the MIT Museum hosts an interactive virtual reality exhibit called “The Enemy” (tickets are $10). For more options, take a look at BostInno Approved. Read more: BostInno Approved: November’s Top Tech & Startup Events in Boston
Dylan: For all the crypto folks out there, Boston Crypto Traders is holding a meetup on Thursday, Nov. 30, from 6 p.m. to 9 at WeWork South Station, and it will feature Stephen McKeon, a finance professor at the University of Oregon who teaches valuation, financial analysis, and VC/fintech.
Featured startup and tech jobs on BostInno’s new Careers Directory.