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FundingFest: These Boston Tech Firms Raised Millions in March


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One blockbuster late-stage round and a steady stream of startup fundings marked a strong March for privately held Boston tech companies.

Westborough's SimpliVity led the way with a $175 million funding round at a valuation exceeding $1 billion. Other key rounds that got our attention included $35 million for Localytics, $24 million for Nanigans, $6 million for Help Scout and an undisclosed amount from Rough Draft Ventures for student-founded startup Dash Electric.

Here's the full list of Boston tech funding deals we tracked during March:

Company Amount Sector Location
aPriori $6 million Cost management software Concord
Cidewalk $4 million Mobile marketing Southborough
Cortex $500,000 Social media marketing tech Boston
CyPhy Works Not disclosed Flying robots Danvers
Dash Electric Not disclosed Electric longboard kit Boston
ezCater $11.7 million Online catering services marketplace Boston
FlashNotes $3 million Online study materials marketplace Boston
Help Scout $6 million Web-based help desks Boston
Linkable Networks $11.7 million Customer rewards technology Boston
LiquiGlide $7 million Slippery coating Cambridge
Localytics $35 million App marketing & analytics tech Boston
Nanigans $24 million Social media ad tech Boston
NuoDB $9.5 million Database technology Cambridge
OnShape $30 million Computer-aided design (CAD) software Cambridge
Security Innovation $4 million Cybersecurity software Wilmington
SimpliVity $175 million Data center management technology Westborough

Image of money bags via Shutterstock.


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