Boston's business community has been busy this past week. Find out who's going where below.
Big data marketing firm DataXu brought on Ed Montes, who will take on the role of chief revenue officer, this week. Prior to DataXu, Montes founded and served as the CEO of Digilant, another Boston-based data-powered marketing tech firm.
Said Montes in a statement:
DataXu’s commitment to making programmatic easy for marketers to adopt is leading the way for our industry. It is hard to ignore the progress DataXu has made in providing digital marketing solutions that advertisers can operate and execute in-house, in bold, exciting new ways.
A big hiring switch went down this week when Bullhorn co-founder Roger Colvin joined Boston startup ZeroTurnaround. Colvin will assume the position of chief financial officer at the company, which provides software development tools. The new C-suiter served as the CFO of human resources software firm Bullhorn from its founding in 1999 until 2012, when he departed post Bullhorn’s acquisition by Vista Equity Partners. Earlier this month, ZeroTurnaround raised $3 million in debt financing, and declared its hopes to hire around 40 employees in its Boston office.
We wrote earlier today that local on-demand mobile carwashing startup Unsully was acquired by New York City-based Handybook. Along with the deal, Unsully founder Joe Nigro will join the Handybook team and lead the company’s growing presence in the Boston area. Nigro confirmed that he is looking to hire around five employees for Handybook’s Boston outpost and is hunting for office space. Read the full the story here.
A tech-focused private equity firm – with a big piggy bank – recently opened up a space in Boston. Archtop Ventures officially opened up a three partner shop in the Boston area in the beginning of 2014. The trio behind Archtop consists of Jeff DeMond, Paul Gruenberg, and John Young. The firm plans on investing in "Companies at the forefront of media, entertainment and technology – next-gen TV, mobile, social, games, ecommerce, eSports, publishing, edutainment, travel, health, ad-tech, [and] big data," with average deal sizes from around $20 to $75 million. In addition to Boston, the firm is also active in New York and Philadelphia.
Former Angie’s List executive Gary Rush joined the advisory Somerville-based startup MosaicHUB, reports the Boston Business Journal. The new addition stands to bring much to the startup and its business model, as MosaicHUB bills itself as, the “Angie’s List for small businesses.” The startup aims to help small business owners find the best service providers, and recently launched a beta version of its deals section.
Waltham, Mass.-based Verdasys brought on a brand new CEO this week, according to the BetaBoston. The security company that protects sensitive company data tapped Ken Levine as its chief executive. Levine joins the firm from McAfee, which acquired his last company, Nitro Security, in 2011. Coinciding with the new hire, Verdasys also announced that it had raised $12 million in funding. Levine replaces Jim Ricotta, who ran the company for a little over three years.
