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Dedham’s Reflexis Systems, an IT Services Company, raises $3 Million from Velocity Financial Group April 12, 2010

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Dedham’s Reflexis Systems, an IT Services Company, raises $3 Million from Velocity Financial Group.

Bedford’s Playsmrt raises $265k in seed investment capital April 12, 2010

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Bedford’s Playsmrt, maker of a website that allows parents to create a safe, interactive environment in which children 1 to 8 years old can play media, communicate with family members, and learn, raises $265k in seed investment capital from a group of undisclosed investors.

Peabody’s InnoPad, a maker of materials used to produce semiconductors, raises $1.7 Million April 12, 2010

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Peabody’s InnoPad, a maker of materials used to produce semiconductors, raises $1.7 Million from Velocity Equity Partners, Stata Venture Partners, and Toronto Dominion Capital USA.

Lexington’s Gemvara, an online jewelry website, raises $5.2 Million in a Series B round April 12, 2010

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Lexington’s Gemvara, an online custom-ordered jewelry website, raises $5.2 Million in a Series B round from Highland Capital Partners and Canaan Partners.

Woburn’s Demandware raises $22 Million in a Series D add-on round April 12, 2010

Posted by HubTechInsider in Ecommerce, Startups, Venture Capital.
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Woburn’s Demandware, an ecommerce software maker, raises $22 Million in a Series D add-on round from General Catalyst Partners and North Bridge Venture Partners.

Cambridge’s Crimson Hexagon raises $2 Million in a Series A round of funding April 12, 2010

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Cambridge’s Crimson Hexagon, a maker of semantic search software for businesses to watch and track online conversations about their brands, raises $2 Million in a Series A-2 round of funding from a group of investors including Beacon Angels, New York Angels, Angel Investor Forum, and Zelkova Venture.

Cambridge’s Brightcove, a developer of online video technologies, raises $12 Million April 12, 2010

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Cambridge’s Brightcove, a developer of online video technologies, raises $12 Million from General Catalyst Partners and Accel Partners.

Tewksbury’s Avid acquires Kaiserslautern, Germany -based Blue Order April 12, 2010

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Tewksbury’s Avid, a developer of digital audio and video postproduction technology, acquires Kaiserslautern, Germany -based Blue Order, a maker of a product that transform’s Avid’s production asset management technology into a full media asset management product. Terms were not disclosed.

Boston’s EnerNOC acquires Boulder, CO -based SmallFoot April 12, 2010

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Boston’s EnerNOC, a provider of energy management applications, acquires Boulder, CO -based SmallFoot, a developer of wireless demand control products for the small commercial market. Terms were not disclosed.

Waltham’s Metalogix Software acquires Ann Arbor, MI -based StoragePoint April 12, 2010

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Waltham’s Metalogix Software, a provider of products for Microsoft Sharepoint migration, management, and archiving as well as Exchange migration and archiving, acquires Ann Arbor, MI -based StoragePoint, a developer of software that helps organizations to shrink their ShrePoint 2007/2010 content databases by 90% – 95%.


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