Boston Tech Watch: Autodesk, DataRobot, Starry, Perceptive Automata

July 17, 2018

It’s time to catch up on Boston tech headlines. This week, we’re tracking acquisitions by Autodesk and DataRobot, a $100 million investment in upstart wireless Internet provider Starry, a new startup from Runkeeper co-founder Jason Jacobs, details about a stealthy autonomous vehicle software company, the first venture capital investment in Yuchun Lee’s Allego, and more news. Read on for details.

—Autodesk (NASDAQ: ADSK) said it scooped up Salem, MA-based construction software startup Assemble Systems for an undisclosed price. The acquisition follows Autodesk’s investment in a $12 million Series A funding round for Assemble last November. Autodesk, a 3D design and engineering software company, is based in San Rafael, CA, but it has an office and shared workshop in Boston’s Seaport neighborhood.

—DataRobot said it bought Nexosis, a Columbus, OH-based company that, like DataRobot, has been developing automated machine learning software aimed at helping business users more easily perform data science tasks. Terms of the deal weren’t disclosed in a press release. DataRobot has raised at least $124 million from investors, per SEC filings. This marks its second acquisition, following last year’s purchase of Nutonian.

—Avecto, a U.K.-based endpoint security software firm with a key office in Somerville, MA, is being acquired by Bomgar, an Atlanta-based security company focused on identity and access management software. The deal terms weren’t disclosed in a press release. Avecto had raised at least $49 million from investors. Read more about the company in this 2016 Xconomy profile.

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