The week in Boston tech news hit on all the highlights: health technology, 3D printing, crypto, blockchain, CEO moves, fintech, and plenty of venture cash. Read on for the details:
—Healthcare technology startup Medumo has been acquired by Netherlands-based Philips (NYSE: PHG). The company’s patient navigation technology provides instructions and patient resources through text message and web apps, for instance, leading up to appointments or scheduled surgeries. Boston-based Medumo says its technology reduces late-canceled appointments and no shows and improves patient preparedness. Founded in 2013, the company later graduated from popular Silicon Valley tech accelerator Y Combinator. It raised $2 millionin January 2018.
Medumo says on its website it is now a Philips company and the partnership “will empower us to continue to serve our existing customers while further expanding our connection to more patients and providers.” Terms of the deal were not announced.
—A startup run by former Aveksa founder and CEO Deepak Taneja has raised $3.1 in a funding round, according to an SEC filing. (Aveska in 2013 was bought by EMC, which was acquired by Dell Technologies in 2015.) Taneja’s new company is called Zilla Security and is based in Waltham, MA. Reached via Linkedin, Taneja said the startup is still in stealth mode and declined to share with Xconomy any more details about the company until later this year. Taneja is listed as a “founding CEO” with Boston venture capital firm Pillar. It’s not clear whether the firm is participating in the funding round, but Pillar founder Jamie Goldstein is listed as a director on Zilla’s SEC filing. Xconomy reached out to Pillar and will update with its response.Read Complete Article