In The Know
The Inno stories you need to read today.
Inside the people, companies and organizations making moves in Boston.
Lucy: Another acquisition to report today after yesterday’s news that Delphi would acquire nuTonomy. Imprivata has acquired the identity and access management department of Caradigm, a GE Healthcare company, BBJ reported. Financial details were not disclosed.
Dylan: Speaking of nuTonomy, the self-driving car startup has been approved to start testing Boston’s roads with passengers. The Boston Herald reported that testing with partners could begin within a matter of weeks. It remains unclear as to when nuTonomy will start testing with Lyft, a partnership that will remain in place after the acquisition. Also of note, WBUR’s Bostonomix has a story about why Singapore is a key part of nuTonomy’s strategy for driverless cars.
Lucy: To address the lack of communication between people on different sides of the political spectrum, Laura Carpenter and her longtime friend and classmate David Byas-Smith created Abridge News, a website – still in beta version – where readers can find balanced summaries of selected opinions on a variety of topics. Based in the Harvard Innovation Lab, the startup is currently bootstrapping and exploring three different ways to make revenue: adding advertising to the website, selling data about readers to third parties or a subscription model for readers. Read more: This Media Startup Is Building a Bridge Between Liberals and Conservatives
Dylan: If you follow the esports industry like I do, you’ll be interested to know that the Overwatch League just announced the name, logo and colors for Boston’s team, which is owned by Robert Kraft. Say hello to Boston Uprising. Of note, Uprising won’t actually be based in Boston for the first season of the video game competition’s league.
Your daily funding roundup.
Dylan: Four funding items today:
— Ultimaker, a 3D printing startup with its U.S. HQ in Cambridge, has received a “significant” investment of an undisclosed amount from private equity firm NPM Capital. A press release says NPM is now a majority shareholder of the company.
— JazzHR, an HR software startup with offices in Pittsburgh and Boston, has raised a $6.6M round led by Volition Capital. Other investors included Birchmere Ventures and Rincon Venture Partners.
— TankUtility, a provider of propane tank monitoring software, has raised $575K out of a $1M offering, according to a new Form D.
— Podimetrics, a startup developing tech focused on the early detection and preventing of diabetic foot ulcers, has raised a $1M round, according to a new Form D.
Who’s moving where.
Dylan: Bradley Shaw, a Wayfair vet who was most recently the company’s director of engineering, has been hired by PatientPing for the same role, according to his LinkedIn page.
Lucy: Mark Quinlivan has joined Interactions, a Franklin-based provider of virtual assistant software, as president. Most recently, Quinlivan was CEO and co-founder of Confer, which was acquired by Carbon Black last year.
Dylan: Cybereason has hired Caroline Murphy as its director of partner marketing, according to her LinkedIn page. She was previously director of marketing at Intrepid Pursuits, which was acquired by Accenture this year.
Lucy: Sue Siegel, CEO of GE Ventures, has been named chief innovation officer for GE, effective immediately. In addition to her new role, Siegel will continue to lead GE Ventures.
This again? Yup…
Dylan: I got my days confused in yesterday’s Beat and accidentally said that Talla’s ICO Pitch Night was on Tuesday. It’s actually on Thursday at the Granary Tavern, and it’s now sold out. Apologies y’all.