Andreessen Horowitz backs 3D CAD system Onshape

By Iris Dorbian — 5 months ago

Andreessen Horowitz has led an $80 million funding round for Onshape, the latter announced in a blog post on its site. The other investors were New Enterprise Associates, Commonwealth Capital Ventures and North Bridge Venture Partners. Based in Cambridge, Massachusetts, Onshape is a full-cloud 3D CAD system.

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Insight Venture Partners leads Series D round for Invaluable

By Iris Dorbian — 2 years ago

Invaluable said Tuesday that it has closed $33.75 million in Series D funding. Insight Venture Partners led the round with participation from previous backers Ascent Venture Partners and Commonwealth Capital Ventures. In addition to the funding, Bradley Twohig of Insight Venture Partners, has been added to Invaluable’s board of directors. Based in Boston, Invaluable is an online live auction marketplace.

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VC-backed Zinio acquires Audience Media

By Iris Dorbian — 2 years ago

Digital newsstand company Zinio said Tuesday that it has acquired Audience Media. No financial terms were disclosed. Audience Media is a mobile app solutions provider. Zinio’s backers include Commonwealth Capital Ventures and North Bridge Venture Partners.

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Sand 9 Inks $23m Series C Led by Intel Capital

By Angela Sormani — 4 years ago

Sand 9, a MEMS technology company developing precision timing products for wireless and wired applications, has raised a $23 million Series C financing round led by Intel Capital with significant participation from Vulcan Capital. Existing investors Commonwealth Capital Ventures, Flybridge Capital Partners, General Catalyst Partners, Khosla Ventures and CSR also joined the round. Founded in […]

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Kibits Raises $1M

By Staff Report — 4 years ago

Venture capital-backed Kibits Corp. has launched its a micro-social networking app for iPhone and iPod touch.  The company has raised $1 million from Google Ventures, Charles River Ventures, General Catalyst, Commonwealth Capital Ventures, SOSventures, Launch Capital, the CommonAngels Fund and undisclosed angels. Kibits is based in Cambridge, Mass. PRESS RELEASE Kibits Corp. today announced the […]

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Verivo Secures Growth Capital

By Angela Sormani — 4 years ago

Provider of enterprise mobility software, Verivo has secured $17 million in growth capital funding to further boost sales, fuel marketing programs and accelerate its product development roadmap as it expands its global presence. The funding is led by Commonwealth Capital Ventures, with participation from existing investors, including Ascent Venture Partners and Egan-Managed Capital. Verivo was […]

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Verizon Buys VC-Backed CloudSwitch to boost Terremark

By Reuters News — 4 years ago

(Reuters) – Verizon Communications said on Thursday that it had bought privately held software developer CloudSwitch to boost its business services division. Terms of the deal were undisclosed.  CloudSwitch raised $15.42 million over two rounds in 2009 from Atlas Venture, Commonwealth Capital Ventures and Matrix Partners, according to Thomson Reuters (publisher of peHUB). Atlas and […]

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Visible Assets Adds Richard Clarke to Its Board as It Prepares to Raise $20M

By Jonathan Marino — 5 years ago

Visible Assets just boosted its visibility. The tracking-technology company just added Richard A. Clarke to its board of directors and is seeking as much as $20 million from VC backers, which would bring its aggregate cash raised to nearly $50 million.

Today, Visible Assets announced Clarke would join its board. The addition of the former senior White House homeland security and counter-terrorism advisor and chairman and CEO of Good Harbor Consulting may help the New Hampshire-based real-time security tracking device company procure more federal contracts.

But Visible Assets’ tracking products

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Research in Motion Buys Tungle

5 years ago

Research in Motion has acquired Tungle, maker of a Web-based meeting schedule tool. Tungle launched its technology in 2009, and has raised money from investors including Commonwealth Capital Ventures, JLA Ventures and Desjardins Venture Capital. Terms of the deal were not released. Tungle is based in Montreal.

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youDevise To Buy First Coverage

By Luisa Beltran — 5 years ago

youDevise, of London, has agreed to buy Boston-based First Coverage. Financial terms were not announced. The companies provide online services that allow institutional investors to receive short- and long-term trade ideas from their brokerage firms. Commonwealth Capital Ventures of Boston, GrandBanks Capital of Boston, and JLA Ventures of Toronto were original investors of First Coverage.

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Startup Field Rife with Watson Wanna-be’s

By Joanna Glasner — 5 years ago

The widely watched battle between Jeopardy-playing supercomputer Watson and two of the game show’s human champions this week directed national attention to the otherwise relatively obscure corner of the programming world known as natural language processing. But while the limelight was fixed mostly on Watson’s creator, IBM, it’s clear Big Blue isn’t the only one […]

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Bubbles No More, We’ve Gone Through The Cycle, Says VC

By Joanna Glasner — 5 years ago

Does the venture industry require public investors and acquirers to avoid succumbing to speculative bubbles? That’s a debate point that seems to have strong proponents on either side. In the first camp, believers in the magic of innovation and the dynamics of disruptive technology argue that top-tier entrepreneurial companies will prove their worth over time, […]

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Sand 9 Raises $12 Million

By PEHub Administrator — 6 years ago

Sand 9, a Cambridge, Mass.-based maker of timing oscillator and frequency control technology for the wireless device market, has raised $12 million in Series B funding. Commonwealth Capital Ventures led the round, and was joined by return backers Flybridge Capital Partners, General Catalyst Partners and Khosla Ventures. Sand 9 previously raised $8 million.

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Seahorse Raises $5 Million

By PEHub Administrator — 6 years ago

Seahorse Bioscience, Inc., a Billerica, Mass.-based medical instrument company, closed a $5 million round of financing. Investors in the Series D round included Commonwealth Capital Ventures, FLIR Systems Inc, Rock Maple Ventures, Life Sciences Partners, Oxford Bioscience Partners, Healthcare Ventures, New Science Ventures and HLM Venture Partners.

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Commonwealth Capital Ventures

By PEHub Administrator — 6 years ago

Commonwealth Capital Ventures, a VC firm with investments in software and software-based services, Internet and digital media, communications technology, and instruments and systems, hired J. Casey Gibbons and Joel J. Rodriguez as Associates. Gibbons was co-founder of NextPlay. Rodriguez was Senior Associate Consultant at Bain & Co.

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