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New Money is BostInno's report on all the funding deals out of Boston tech companies this week. Check back for updates with more new money.
MC10
Flexible wearables startup MC10 is out raising $40 million, the company disclosed in a regulatory filing. Not much else to report, except that it's probably a Series D: MC10 raised a $10M Series C, back in 2012. Braemar, North Bridge, Osage University Partners and Terawatt Ventures were in that round, as was Medtronic and a second, unnamed strategic. Recent executive hires Steven Tannenbaum and Scott Pomerantz are the only new directors named in the filing.
MC10 serves the health, military and sports industries. It put the sensor tech into the Reebok Checklight, a head-impact sensor for athletes. Checklight was a hot item at CES last year.
Ascent Venture Partners
Ascent is out after a new, $150M fund, the firm's sixth, according to a regulatory filing. Ascent V closed at $82M after more than four years on the fundraising trail. This time around, things are moving a little faster: The firm already has $64M committed, according to the filing.
Ascent invests in early-stage technology companies. "We remain sharply focused on early stage enterprise IT investments ... and are excited about the opportunities we are already looking at for the new fund," Ascent venture partner Matt Fates told Sara Castellanos. Its Boston portfolio includes online auction marketplace Invaluable and cybersecurity startup CloudLock.
