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Lexington’s 1366 Technologies raises $2.4 Million in a Series B round January 17, 2011

Posted by HubTechInsider in green technology, renewable energy, Startups, Venture Capital.
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Lexington’s 1366 Technologies, a developer of solar power technology, raises $2.4 Million in a Series B round of equity funding led by a group of investors including North Bridge Venture Partners, Polaris Venture Partners, Hanwha Chemical, and Ventizz Capital Fund IV.

Lexington’s 1366 Technologies, a developer of silicon wafer technology, raises $6 Million in a series B round of equity funding December 20, 2010

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Lexington’s 1366 Technologies, a developer of silicon wafer technology, raises $6 Million in a series B round of equity funding led by a group of investors including Hanwha Chemical, Ventizz Capital Fund, North Bridge Venture Partners and Polaris Venture Partners.

Lexington’s Tokutek, indexing software developer, raises $2.8 Million from a group of undisclosed investors August 23, 2010

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Lexington, Massachusetts -based Tokutek, an indexing software developer, raises $2.8 Million from a group of undisclosed investors.

Lexington’s StreamBase Systems raises $5.5 Million May 6, 2010

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Lexington’s StreamBase Systems, a developer of event processing database software, raises $5.5 Million from a group of investors including Accel Partners, Bessemer Venture Partners, Highland Capital Partners, and In-Q-Tel.

Lexington’s Daily Grommet, an online marketplace and review site, raises $3.4 Million April 19, 2010

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Lexington’s Daily Grommet, an online marketplace and video review company, raises $3.4 Million in a Series A round of funding from a group of investors including LaunchCapital, Gerry Laybourne, Hub Angels, Lead Dog Ventures, and Boston Golden Seeds.

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.

Lexington’s Wistia, Inc., a maker of Enterprise video sharing software, has raised $775,000 from an undisclosed group of angel investors April 1, 2010

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Lexington’s Wistia, Inc., a maker of Enterprise video sharing software, has raised $775,000 from an undisclosed group of angel investors.


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Lexington’s StreamBase Systems pioneers CEP (Complex Event Processing) database technology January 24, 2010

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Lexington’s StreamBase Systems pioneers CEP (Complex Event Processing) database technology

CEP allows users to analyze information as it streams in, a huge step up from relation databases, in which data needs to be stored before being processed. Whereas most databases can handle hunded of bits of data per second, StreamBase’s platform can process hundreds of thousands of pieces of info, or “events”, per second: emails, Facebook posts, signals intelligence, audio and video streams – or a combination.

Pair brute force processing power with realtime analysis, and you get a sense of how CEP can be useful to an intelligence agency. The platform can search for specific combinations of words or numbers, so if an al-Qaeda suspect whose email address is known started getting messages that included, say, “bomb” and “Washington” and “Martyrdom”, an alert would go off.

As terrorist operations are frequently controlled and planned via the Internet, a major commercial application of CEP database technology is the ability to tap into the stream of Internet communications data and make realtime decisions based on that information.

Mark Palmer is the President of StreamBase Systems, headquartered in Lexington, Massachusetts.

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Lexington’s EnglishCentral raises $3.5 Million December 29, 2009

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Lexington’s EnglishCentral, a provider of a video-based system for learning English online, raises $3.5 Million from a group of investors including Atlas Venture and Google Ventures.

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Adapteva, based in Lexington MA, raises $1.5 Million in a Series A round November 9, 2009

Posted by HubTechInsider in Hardware, Microprocessors, Venture Capital.
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Adapteva Inc, a Lexington, MA -based maker of programmable, low-power microprocessors for specific niche applications, has raised $1.5 Million in a Series A round of investment led by BittWave.

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