VentureFizz's Year in Review - Top Deals of 2018 banner image

VentureFizz's Year in Review - Top Deals of 2018

Here’s your look at the largest deals relating to IPOs, acquisitions, and venture capital investments across the Boston tech scene in 2018!

IPOs

 

Carbon Black is one of the leading providers of enterprise-wide endpoint security. Carbon Black intends to list its common stock on the NASDAQ Global Select Market under the ticker symbol “CBLK.”
 

Carbon Black is now hiring! Check out their BIZZpage

 

EverQuote is an online marketplace for auto insurance. EverQuote plans to list on the Nasdaq under the symbol "EVER."
 

EverQuote is now hiring! Check out their BIZZpage


Acquisitions

 

PillPack delivers medications in pre-sorted dose packaging, coordinates refills, and renewals, and makes sure shipments are sent on time. The acquisition is subject to regulatory approvals.
Location: Somerville

PillPack is now hiring! Check out their BIZZpage

 

LogMeIn purchased a leader in the Unified Communications-as-a-Service (UCaaS) space.
Location: Boston

LogMeIn is now hiring! Check out their BIZZpage

 

Kensho’s AI, machine learning, data visualization, and analytics technology will be part of S&P’s emerging technology department.
Location: Boston

Kensho is now hiring! Check out their BIZZpage

 

Grubhub Inc. will acquire mobile payments company LevelUp for $390 million.
Location: Boston

LevelUp is now hiring! Check out their BIZZpage

 

Siemens AG will acquire Mendix for $730M in cash, plus a significant multi-year investment to accelerate R&D innovation and global footprint of their platform.
Location: Boston

Mendix is now hiring! Check out their BIZZpage

 

VMware has agreed to acquire CloudHealth Technologies for approximately $500 million. CloudHealth will continue to operate as a brand underneath VMWare.
Location: Boston

CloudHealth Technologies is now hiring! Check out their BIZZpage

 

Broadcom is selling CA Technologies' Veracode application security testing platform to private equity firm Thoma Bravo for $950 million in cash.

 


Funding (Over $100M)

 

This investment will accelerate the adoption of CMT’s successful DriveWell platform used by insurers, fleets, wireless carriers, and other entities to measure driving risk and improve driver safety. It will also fuel CMT’s growth in automated crash and claims management, video analytics, and safety for emerging vehicle and mobility systems.
Investors: SoftBank Vision Fund
Location: Cambridge

Cambridge Mobile Telematics is now hiring! Check out their BIZZpage

 

Devoted Health plans on enrolling to its Medicare Advantage plan members in eight Florida counties. The company, which helps Medicare beneficiaries access care through its network of physicians and tech-enabled healthcare platform. 
Investors: Andreessen Horowitz, Premji Invest, and Uprising

Devoted Health is now hiring! Check out their BIZZpage

 

American Well is using the funds to scale their virtual doctor plans business.
Investors: Philips and Allianz X
Location: Boston

American Well is now hiring! Check out their BIZZpage

 

 Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, announces the launch of Indigo Marketplace™, along with the close of a $250M Series E funding round. Indigo Marketplace allows the company to further its vision for decommoditizing agriculture to better support grower profitability, environmental sustainability, and consumer health.
Investors: Baillie Gifford, Investment Corporation of Dubai, the Alaska Permanent Fund, and Flagship Pioneering.
Location: Charlestown

Indigo is now hiring! Check out their BIZZpage

 

The company plans on using the funding to accelerate expansion and product growth.
Investors/Groups: Summit Partners, Bessemer Venture Partners
Location: Boston

Fuze is now hiring! Check out their BIZZpage

 

Toast plans to accelerate investment in research and development, recruit new talent, and expand its market presence.
Investors: T. Rowe Price Associates and Tiger Global Management
Location: Boston

Toast is now hiring! Check out their BIZZpage

 

ezCater enables businesspeople to connect with local caterers and restaurants online. The company plans on using the funds to expand their business internationally.
Investors: Wellington Management
Location: Boston

ezCater is now hiring! Check out their BIZZpage

 

Actifio, a data management startup, has added another $100 million round of funding that brings its valuation to more than $1.3 billion.
Investors: Crestline Ventures, North Bridge Venture Partners, 83North, Advanced Technology Ventures, Heritage Group, and Andreessen Horowitz .
Location: Waltham

Actifio is now hiring! Check out their BIZZpage

 

Hopper plans to use to build out its AI algorithms and expand deeper into international markets.
Investors: N/A

Hopper is now hiring! Check out their BIZZpage

 

Flywire is a fintech company that helps universities, hospitals and businesses accept foreign-currency payments
Investors: Temasek, Bain Capital Ventures, and F-Prime Capital
Location: Boston

Funding (Over $60M to $99M)

 

TraceLink is a SaaS platform for tracking pharmaceuticals and trying to weed out counterfeit prescription drugs in the process
Investors: Georgian Partners, Vulcan Capital, and Willett Advisors
Location: North Reading
 
 
Aras is the leader in open product lifecycle management (PLM) software for the enterprise companies.
Investors: Goldman Sachs Private Capital Investing and Silver Lake Kraftwerk
 

Wasabi is a cloud storage company delivering low-cost, fast, and reliable cloud storage founded by Carbonite founding team David Friend and Jeff Flowers.
Investors: Forestay Capital
Location: Boston

 

 

Desktop Metal’s newest round of funding brings their total to $277M.
Investors/Firms: Ford
Location: Burlington

Desktop Metal is now hiring! Check out their BIZZpage

 

Drift plans on using the funds to expand their business in both Boston and San Francisco.
Investors: Sequoia Capital
Location: Boston

Drift is now hiring! Check out their BIZZpage

 

ClearCompany said the funds will be deployed to support the company’s strong growth and recently expanded partnership with ADP.
Investors: Primus Capital
Location: Boston

ClearCompany is now hiring! Check out their BIZZpage

 

BitSight Technologies, the developers of cybersecurity rating software for enterprise companies, has expansion plans in mind with this new round.
Investors: Warburg Pincus, Menlo Ventures, GGV Capital, and Singtel Innov8
Location: Cambridge

BitSight is now hiring! Check out their BIZZpage


Colin Barry is an Editor & Staff Writer to VentureFizz. Follow him on Twitter @ColinKrash