The Boston tech scene lands its first IPO of 2019. DataRobot rakes in about $200 million more. Pushback on facial recognition spreads from Somerville, MA, to neighboring Cambridge. Markforged and Desktop Metal head back to court. Read on for more of this week’s Boston tech news.
—Burlington, MA-based software company Everbridge (NASDAQ: EVBG) is acquiring threat intelligence software company NC4 for $83 million in cash and company stock. Everbridge says the goal is to create a platform to handle everything from threat intelligence to incident management and communications. NC4 has offices in El Segundo, CA, Merrifield, VA, and Richmond, VA. The combined company will have 950 employees.
—Jobble, an online marketplace for on-demand workers in the gig economy, has raised $11 million in a funding round led by Vestigo Ventures and AXA Venture Partners and joined by Guardian Strategic Ventures and Harlem Capital Partners. Jobble says its platform has filled jobs in more than 1,600 towns and cities across the US. The cash will be aimed at beefing up the startup’s development team to work on the Jobble software user experience, as well as building out sales and marketing teams. In 2016, Jobble raised $1.2 million from the BOSS Syndicate and other investors.
Read Complete Article