In The Know
The Inno stories you need to read today.
Inside the people, companies and organizations making moves in Boston.
Dylan: When it comes to the top tech brands to work for in Boston, what comes to mind? For tech professionals surveyed by job search marketplace Hired, TripAdvisor is at the top of that list, followed by Bose, Akamai and HubSpot. Hired’s survey of top tech brands was done as part of its 2017 Global Brand Health Report. There was one alarming finding for Boston: those surveyed said they aren’t tethered to Boston and would be willing to move elsewhere. Read more: Here Are the Top 10 Boston Companies Techies Want to Work For
Lucy: GE’s stock is not in good shape. “After plunging 6.3 percent Monday, the stock slid 1.9 percent Tuesday, for the biggest two-day drop since the recession,” The Boston Globe reported. The company has lost $90B of market value this year.
Dylan: Speaking of Akamai, the company’s CEO and co-founder, Tom Leighton, told CNBC recently that pressure from cloud computing giants like Amazon forced the company to shift its focus to cybersecurity. Akamai’s security business has grown 27% year-over-year to $121M in revenue.
Also, we have two new Kickstarter projects in Boston:
— The Vindor ES-1 is an electronic saxophone that Somerville-based Vindor Music is pitching as a way to make playing music more accessible for anyone. That’s because of the instrument’s low price (under $200) and you can plug your headphones into it and never have to worry about causing a racket when you practice. The project has raised $12K out of its $15K goal, with 22 days left.
— CliQ is a smart wireless sensor for “automated modern living,” and it has already surpassed its $50K goal with 35 days left. Developed by Watertown-based BioSensics, the device can be used to do a number of things, such as turning on the lights, setting the thermostat, playing music and setting reminders.
Your daily funding roundup.
Dylan: Privy, an email marketing startup founded and led by Ben Jabbawy, has raised $2.1M out of a $2.9M equity offering, according to a new Form D.
Lucy: Dating counseling service Icebreaker, one of the three local companies that are launching a business based on SMS, has raised $43K in a securities offering, according to a new Form D.
Who’s moving where.
Dylan: Telehealth company American Well has hired former Samsung Health executive Harry Kim as its SVP of strategic partnerships. Prior to serving as Samsung Health’s global business lead, he was in charge of HP’s global health and life sciences strategy.
Lucy: John McLean has joined the executive team of Kyruus as the healthcare company’s new CFO. Most recently, he held the same position at Best Doctors.
Dylan: Marketing tech startup SessionM has hired Amelio Vázquez-Reina as VP of data science. He was most recently a principal data scientist and manager at DataXu.
In The Community
The events and happenings to know about tonight and this week.
Lucy: On January 18, the New England Venture Capital Association is hosting Unpitch, a business lunch where entrepreneurs can sit with VCs and angel investors to get feedback on their business. Taking part to the event is free, but you’ll need to send an application. More info here.