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Bedford’s Progress Software acquires Santa Clara’s Savvion for $49 Million January 22, 2010

Posted by HubTechInsider in Software, Startups, Venture Capital.
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Bedford’s Progress Software, a maker of systems for integrating enterprise software applications acquires Santa Clara’s Savvion, a maker of business process management software, for $49 Million.

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Cambridge’s Virtify raises $15 Million in a Series A Round January 22, 2010

Posted by HubTechInsider in Health Care IT, Startups, Venture Capital.
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Cambridge’s Virtify, a provider of Web-based document management software for life sciences firms, raises $15 Million in a Series A Round from a group of undisclosed investors.

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Cambridge’s OneForty Inc. raises $1.85 Million in a Series A Round January 22, 2010

Posted by HubTechInsider in Social Media, Startups, Venture Capital.
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Cambridge’s OneForty Inc., a Twitter application store and e-commerce platform for developers of applications that integrate with Twitter, raises $1.85 Million in a Series A Round from investors including Flybridge Capital Partners, Javelin Venture Partners, Jefferies & Co, Dave McClure, and Roger Ehrenberg.

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Newton’s Life Image raises $2.2 Million January 22, 2010

Posted by HubTechInsider in Health Care IT, Startups, Venture Capital.
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Newton, MA -based Life Image, a provider of software that enables doctors to share radiology images with colleagues around the globe via cloud-based in-boxes, raises $2.2 Million from a group of investors including Long River Ventures, Massachusetts Technology Development Corporation, and Partners Innovation Fund.

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Norwood’s Gryphon Networks Inc. raises $7 Million January 22, 2010

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Norwood’s Gryphon Networks Inc., a developer of communications and regulatory-compliance technologies, raises $7 Million in a Series C round of capital from a group of investors led by Symmetric Capital.

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Lynnfield’s AcadiaSoft raises $4 Million January 22, 2010

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Lynnfield’s AcadiaSoft, a maker of software for managing derivative investments, raises $4 Million from a group of investors led by HSBC Holdings, ICAP, and JP Morgan Chase & Co.

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