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Burlington’s Viridity software raises $8 Million in a Series B round of equity financing from Battery Ventures and North Bridge Venture Partners August 23, 2010

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Burlington’s Viridity software, a provider of data center energy resource management technology,  raises $8 Million in a Series B round of equity financing from Battery Ventures and North Bridge Venture Partners.

Burlington’s Expressor Software, a data integration vendor, raises $4.5 MM June 21, 2010

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Burlington’s Expressor Software, a data integration vendor, raises $4.5 MM from a group of investors including Commonwealth Capital Ventures, Globespan Capital Partners, and Sigma Partners.

Burlington’s HealthEdge Software raises $1.5 Million from a group of undisclosed investors May 6, 2010

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Burlington’s HealthEdge Software, a producer of software for health care providers, raises $1.5 Million from a group of undisclosed investors.

Burlington’s Landslide Technologies, a CRM software maker, raises $8 Million February 5, 2010

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Burlington’s Landslide Technologies, a CRM software maker, raises $8 Million from a group of investors including Adams Capital Management, Draper Triangle Ventures, and Osage Ventures.


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Burlington’s BlueSocket, a developer of wireless technologies, raises $8.02 Million February 1, 2010

Posted by HubTechInsider in Startups, Venture Capital, Wireless Applications.
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Burlington’s BlueSocket, a developer of wireless technologies, raises $8.02 Million from a group of investors including Ascent Venture Partners, Boulder Ventures, Intel Capital, Ironside Ventures, Ridgewood Capital, and St. Paul Venture Capital.


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2009 Dice Technology & Engineering Career Fair in Boston Thursday, December 10: 11am-3pm Marriott Burlington November 24, 2009

Posted by HubTechInsider in events, Staffing & Recruiting.
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2009 Dice Technology & Engineering Career Fair Boston: Event at Marriott Burlington, Burlington, MA

Thursday, December 10

11 a.m. to 3 p.m.

Marriott Boston Burlington • Rt 128 & 3A (One Mall Road) • Burlington, MA 01803

Admission is FREE

Meet recruiters and hiring managers from these companies: Cambridge Interactive Development Corp., e-Dialog, •Raytheon, Research In Motion, Tufts Health Plan.

Register for this event online by clicking here!

Burlington based Nuxeo names Open Text veteran Cheryl McKinnon Chief Marketing Officer November 24, 2009

Posted by HubTechInsider in Software, Staffing & Recruiting, Venture Capital.
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Burlington based Nuxeo, a developer of open source enterprise content management software, has named Cheryl McKinnon Chief Marketing Officer. Cheryl was formerly Director of Program Management at Enterprise 2.0 – Open Text

Mzinga of Burlington MA raises $10 Million in new venture funding and consolidates its product portfolio October 29, 2009

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Mzinga of Burlington, MA, has raised $10 million in new capital this month, including a previously disclosed $6.1 million financing. New investors Acadia Woods Partners and BlueCrest Venture Finance Master Fund joined existing investors W Capital Partners and Shared Capital Partners in the subsequent rounds. Mzinga also has consolidated its human resources, social media marketing, and customer support platforms into a single product, called OmniSocial.

Burlington, MA-based Exa sells Supercomputing as an on-demand service in the Cloud June 8, 2009

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Burlington, MA-based Exa sells supercomputing cycles as a Cloud service over the Internet.

Exa is a privately held 170-person outfit in burlington, MA that sells supercomputer time by the slice. The company was launched in 1992 by selling fluid dynamics simulation software one of its MIT founders created while a professor there.

The company owns a network of 3,500 Intel and AMD-based servers and has the capability to rent thousands more. These servers are housed by IBM in their Poughkeepsie, NY data center.

Exa charges around a dollar per processor core per hour for the supercomputer time, which is offered over the Internet using Exa’s modeling software as a “Cloud computing” option, much as Google lets users access documents and spreadsheets over the web or Amazon’s EC2 service rents out simple processing and storage capability.

Exa’s had revenues of $34 million in 2008, with on-demand supercomputer services accounting for $10.5 MM, up from 48% in 2007. Software sales grew a mere 13% to $21 million last year.

Selling supercomputing as a service is still just a tiny fraction of the $9.8 billion market for high-performance computing. But others such as oil-services firm Schlumberger are also selling supercomputing services to a select client base and industry vertical.

Exa has several customers with “bursty” supercomputing needs, such as Dodge and Peugeot, the U.S. National Bobsled Team, and tractor manufacturer Agco.

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