Well, 2015 has been a massive year in startup funding—not just in Boston of course. But we’ve seen our share, no question. The first three quarters saw Massachusetts companies raise $4.9 billion in funding, according to CB Insights, compared to the $4.2 billion raised here during all of last year.
Previously I rounded up a list of Boston tech companies that’d raised $100 million or more as of the end of ’14. Now that list has changed a lot—especially in the past few weeks, when a number of big VC deals have come out. So now we’re looking at a $150 million bar. I count five tech companies now at this level in Boston. Not that funding is everything; plenty of companies do grow significantly without raising much (or any) funding. We’ve tackled that elsewhere. But for here, let’s take a look at the other end of the spectrum, the current members of Boston’s $150 million club—all of whom are setting themselves up for becoming long-lived anchors of the Boston tech community. (And below, I’ve also included my full list of Mass. tech companies with $100 million or more raised, several of them pretty close to the $150 million mark.)
1. DraftKings, daily fantasy sports, Boston
- Total: $375M
- Latest round: $300M, July 2015
- Valuation: $1.2 billion
2. SimpliVity, data storage tech, Westborough
- Total: $276M
- Latest round: $175M, March 2015
- Valuation: $1 billion
3. Actifio, data storage tech, Waltham
- Total: $207M
- Latest round: $100M, March 2014
- Valuation: $1.1 billion
4. Bit9+Carbon Black, cybersecurity, Waltham
- Total: $174.5M
- Latest round: $54.5M, Oct. 2015
- Valuation: n/a
5. Acquia, cloud content management tech, Boston
- Total: $174M
- Latest round: $55M, Sept. 2015
- Valuation: n/a
And here's my full list of locally based companies with $100 million or more in funding (let me know if I'm missing any):
| Company | Total raised | Founded | Latest round |
|---|---|---|---|
| DraftKings | $375 million | 2011 | 2015 |
| SimpliVity | $276 million | 2009 | 2015 |
| Actifio | $207 million | 2009 | 2014 |
| Bit9+Carbon Black | $174.5 million | 2002 | 2015 |
| Acquia | $174 million | 2007 | 2015 |
| OnShape | $144 million | 2012 | 2015 |
| Kaminario | $143 million | 2008 | 2015 |
| Altiostar Networks | $140 million | 2012 | 2015 |
| Rethink Robotics | $113.5 million | 2008 | 2015 |
| Veracode | $112 million | 2006 | 2014 |
| Interactions Corp. | $109.5 million | 2004 | 2015 |
| Affirmed Networks | $103 million | 2010 | 2013 |
