In The Know
The Inno stories you need to read today.
Inside the people, companies and organizations making moves in Boston.
Dylan: Gamer Sensei, another 50 on Fire Finalist, announced recently that it has signed agreements for Becker College, Brown University and other higher ed institutions to provide its esports coaching platform to students for free. Collegiate esports is becoming a big deal, with the National Association of Collegiate Esports now counting 47 schools as members while the National Collegiate Athletic Association has been discussing whether to support it. Read more: Colleges Seek Edge in Esports with Free Coaching for Students
Lucy: North Billerica-based Curriculum Associates has acquired Motion Math to further help elementary students improve their math fluency and number sense. As a result, Motion Math’s games will be available as a supplement to i-Ready, currently used by over 5M students and educators nationwide.
Dylan: Good news for Rapid7: the Boston cybersecurity company’s stock price went up by more than 7% today after reporting positive financial results for Q3 yesterday evening. The company beat Wall Street’s expectations in both revenue and earnings. The company’s Q3 revenue increased 25% y-o-y to $50.5M.
Lucy: New Office Envy alert. Extra-soft couches and matching pillows are some of the main features of the Fort Point office of OwnerIQ, an advertising technology company that has a total of six locations in the U.S., including Boston. In August, the company moved from the 4th to the 6th floor of the building at 27-43 Wormwood Street (the same building that’s home to software company Zerto and NPR’s Digital Services). Currently, OwnerIQ occupies the whole floor. “Tech companies tend to be crammed,” Jay Schaufeld, SVP of human resources, told me during a tour. “We have room for our employees to spread out, which is in line with our company values: collaboration and transparency.” Read more: Office Envy: Inside OwnerIQ’s Super Comfy Office in Fort Point
Dylan: Now for some sad news for the Boston innovation scene: Katherine Catlin, who ran the High-Growth CEO Forum with Bouzha Cookman, died last Thursday at the age of 69. Scott Kirsner wrote about the High-Growth CEO Forum — considered “a hidden secret of the New England tech economy” — for The Boston Globe back in August.
Your daily funding roundup.
Lucy: Partners HealthCare System has raised $171.1M in capital to invest in early-stage life sciences companies. The funds raised include $66.1M in outside capital for Partners Innovation Fund II and a $105M commitment from Partners institutions to Partners Innovation Fund.
Who’s moving where.
Dylan: Pixability, a video advertising platform, has hired Alan Beiagi as its chief product officer. Beiagi was most recently VP of product management at DataXu.
Lucy: Jit Saxena is joining the board of directors of Cambridge Semantics. Saxena is the founder and former CEO of Netezza.
Read This Right Now
Insight and analysis from the community and beyond.
Dylan: Rob Go, co-founder of VC firm NextView, wrote a blog post about what startups should do when they discover a well-funded competitor: “It’s really hard to both watch your competitors closely and remain hyper-focused on your own North Star. Even if you are monitoring your competition’s traction closely, you can’t let that dictate your product priorities.”