Acronis stands among the largest venture-backed companies in the Boston area by revenue, but CEO Alex Pinchev says the data backup firm still has plenty of room to grow before it seeks to go public.
BEVERLY - In 2008, when the economy plunged into recession, North Shore InnoVentures launched a business technology incubator to stimulate growth in the emerging life sciences and clean technology sectors.
The Boston Business Journal has announced its third annual list of the Top 100 Women-led Businesses in eastern Massachusetts.
Woburn-based AdvanDx Inc., which develops diagnostic tests for hospitals to identify pathogens, has raised $2.2 million out of a $6.1 million offering, according to federal filings.
Just weeks after announcing a partnership with a national ethanol producer, Agrivida Inc. in Medford has picked up $15 million of Series C round to develop genetically-engineered corn that's easier to turn into fuel.
Beverly-based FashionPlaytes, which lets tween girls design clothing online and have the clothes made to their specs, has raised $5 million to continue expanding the company and its user base.
In-Q-Tel, the independent venture arm of the U.S. Central Intelligence Agency (CIA), has invested in SiOnyx Inc., a six-year-old company developing advanced imaging systems based on a semiconductor material called black silicon.
Hepregen Corp. of Medford, a startup spun out of MIT in 2008 which is developing a liver model intended to mimics key functions of the human liver for use in drug development, has announced that it got a $500,000 SBIR Phase 2B grant.
Gridco Inc., a startup founded by Sycamore Network's founder Naimish Patel, has secured $8 million in equity according to documents filed with the U.S. Securities and Exchange Commission early Wednesday.
If 2011 was a year of transition in clean technology - from a focus on capital-heavy solar to capital-light energy efficiency - 2012 could be the year when efficiency truly dominates.
Excelimmune Inc., the Woburn biotech working on a treatment for methicillin-resistant Staphylococcus aureus (MRSA), has rounded up $12 million from an undisclosed private investor.
The Biotech InnoVenture Center in Beverly has plans to expand, and thanks to a recent grant from the U.S. Economic Development Administration, expansion is now a reality.
Minutes can make the difference between life and death in the emergency room and on the battlefield, and a new technology being developed by Velico Medical in Beverly could improve the success of critical blood transfusions.
The Massachusetts Life Sciences Center doled out $2 million total in grants to four companies - Advantagene Inc., Hepregen Inc., Immunetics Inc. and Reflectance Medical Inc. - as part of its Small Business Matching Grant Program.
New England Peptide of Gardner, Corvaris Inc. of Woburn, and 11 other product and service companies last week said they have started the global Proteomics Innovation Network to collaborate on unmet needs in drug discovery and personalized medicine.
HealthcareSource, a Woburn-based health care human resources software firm, saw its revenue rise 33 percent and its head count grow by 80 percent in 2010, as hospitals face growing pressures to recruit the best candidates while lowering their administrative costs.
WOBURN, Mass. -- SilverRail Technologies, Inc. has completed a $5 million equity offering, raising the amount from 25 investors.
A Massachusetts biotechnology company says it can produce the fuel that runs Jaguars and jet engines using the same ingredients that make grass grow.
Shares of Green Mountain Coffee Roasters Inc. (Nasdaq: GMCR) surged 15 percent Thursday morning after the company said sales at its Reading-based Keurig single-cup brewing business surged 89 percent in the fiscal first quarter.
Peter Vandermeulen is blunt about why his new startup is emphasizing plans for a new type of air conditioner rather than a new type of solar panel, which the company is also developing to power its AC unit.
Solar power installations can offset electrical costs and create awareness of environmental issues, but the renewable energy does even more for real estate developers and landlords - it entices tenants, according to a local real estate executive.
In connection with its acquisition of Agion Technologies, Sciessent LLC has completed a $3 million offering of mixed securities for Sciessent LLC, attracting nine investors, according to an SEC filing.