As for local startup funding, April will be remembered as the month when lots of small and medium deals were reached.
As far as we were able to track, the total capital raised by local startups in April is a little lower than in March, with $358 million raised in April compared to March's $451 million. However, April's deals were more in number, 34 compared to 23. In short, many local startups raised money from seed rounds or equity offerings.
The award for one of the largest funding rounds of the month goes to marketing platform Drift's $60 million in Series C, followed by Formlabs (a 3D printing designer) and Zaius (a marketing tech startup), who both raised $30 million each. Electronics company Nantero comes fourth with $29.7 million.
As BostInno reported, a regulatory filing with the Securities and Exchange Commission showed that Notarize raised $18.9 million in an equity round. The Boston-based the remote notary service didn't provide any additional information on the round.
The last takeaway for the month is that Tom Brady raised funding, too: the digital production company he co-launched with Michael Strahan, Religion of Sports Media, announced it raised $3 million at the end of April.
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Here are 34 Boston startups that raised money in April 2018:
• 6 River Systems raised $25 million in a Series B round led by Menlo Ventures. Previous investors like iRobot and Eclipse took part in the round.
• BookingBug, an appointment and scheduling platform with offices in Boston, Washington, D.C., London and Sydney, closed $13.4 million in Series C funding from PeakSpan Capital and Downing Ventures.
• Cogito, a Boston-based company that uses artificial intelligence to improve customer service call centers, raised $5 million in a debt offering, according to a Form D.
• Crayon, a market and competitive intelligence platform company that enables businesses to track, analyze, and act based on market movements, has secured $5 million in venture capital funding led by Steve Anderson of Baseline Ventures.
• CyGlass, a cybersecurity company focused on "dark threat detection solutions" and based in Littleton, Mass., has raised almost $5 million, according to a regulatory filing.
• Data Plus Math, a Boston-based company that wants to simplify video advertising, raised $4.5 million in an equity offering, according to a Form D.
• DJ MicroLaminates, a Sudbury-based company whose micro-material technology aims to make electronics manufacturing more efficient, raised $1.3 million.
• Drift, led by former Chief Product Officer at HubSpot David Cancel, has closed a $60 million Series C round led by Sequoia Capital.
• eCurv, an electricity cost-saving tool, has raised $1.7 million of a $3.5 million round, according to a Form D filing.
• empow, a Boston-based cybersecurity company, has raised $10 million. Ascent Venture Partners is a new investor in this Series B.
• Farmwise, a developer of healthy foods, raised $4.5 million in funding. Cleveland Avenue led the round.
• Formlabs, a designer and manufacturer of 3D printing systems with its headquarters in Somerville, Mass. and Germany, raised $30M in Series C funding led by Tyche Partners.
• Franklin Robotics, the maker of the solar-powered, weed-killing Tertill, raised $1 million in an equity offering, according to an SEC filing.
• Kolide, a security analytics company, raised $8 million in Series A funding. Matrix Partners led the round.
• Kyruus, a Boston-based digital health company, has raised $9.9 million in an equity offering, according to a Form D.
• Lantos Technologies, a 3D ear scanning company, has raised $4.5 million, according to a Form D filing.
• Legit, a startup that uses artificial intelligence to speed up the process of applying for patents and other intellectual property protections, closed a $2.6 million seed round. Eniac Ventures led the round, and Elementum Ventures and Max Ventures participated.
• Boston-based Micronotes, a cloud-based interview marketing company for financial institutions, raised an undisclosed Series B funding round led by TTV Capital with participation from Vestigo Ventures.
• Minim, an IoT security platform launched by former Dyn co-founder and CEO Jeremy Hitchcock, raised a $2.5 million seed round of funding led by Flybridge Capital Partners and Founder Collective.
• Nano-C, a developer of nano-structured carbon for energy and electronics applications, completed an $11.5 million round of funding.
• Nantero, a carbon nanotube electronics company based in Woburn, has raised $29.7 million from Cisco Investments, CFT Capital and Dell Technologies Capital.
• Boston-based Nebulous Inc. raised $1.5 million by selling cryptocurrency tokens, BBJ reported.
• Notarize, a Boston-based startup that connects customers with licensed remote notaries online, raised $18.9 million in an equity round, according to a new Form D. As noted in the document, around $10.9 million of the total amount sold was from conversion of promissory notes.
• ObserveIT, an Israeli-based insider threat management firm that moved its U.S. headquarters from New York City to Boston in early 2014, raised a $16 million Series B round led by Bain Capital.
• Boston cybersecurity company Onapsis raised $31 million in a round led by LLR Partners, which is a PE firm in Philly.
• Boston-based Poly6 Technologies, a two-year-old company, raised $5 million in an equity offering, according to a Form D.
• Religion of Sports Media, a digital production company that explores the spiritual side of sports around the world, raised $3 million. The company was launched by Tom Brady and Michael Strahan.
• Shearwater, an education tech startup with offices in Downtown Crossing, raised $621,000 in an equity offering, according to a Form D.
• SidelineSwap, a platform for people to buy and sell new and used sports gear, closed a $5 million Series A financing round led by Global Founders Capital.
• Skillist, which is developing a job application platform that helps companies in need of talent connect with skilled jobseekers who don’t have four-year degrees, closed a pre-seed round of $550,000 led by Flybridge Capital Partners.
• Spotted Media, a local startup that aims to turn natural brand endorsements by celebrities into a bigger opportunity for companies, raised $4 million in a Series A funding round led by Boston-based Schooner Capital.
• IoT shipping tracker Tive has raised $2 million to help companies save millions on shipping logistics, according to an SEC filing.
• Zaius, a Boston-based marketing technology startup, raised $30 million in a funding round led by New York City-based Insight Venture Partners, with participation of Matrix Partners, Underscore VC and Leaders Fund.
• Zapata Computing, a Cambridge-based quantum software and services company still in stealth mode, raised $5.4 million in an equity offering, according to a regulatory filing with the SEC.
If you think there’s a startup missing from this list, email me at lmaffei@americaninno.com
