It’s time to catch up on recent news from the Boston-area tech sector, including a pair of acquisitions; investments in digital health, artificial intelligence, and wastewater analytics; and scenes from this year’s “Star Wars”-themed NEVY Awards. Read on for details.
—Boston-based LogoMix, a provider of logo design tools and other branding and marketing services, was acquired by Shoreview, MN-based Deluxe Corp. (NYSE: DLX) for $43 million in cash, according to a press release. LogoMix CEO and founder Craig Bloem previously co-founded Performable, a Boston-area marketing automation startup sold to HubSpot (NYSE: HUBS) in 2011.
—SmartBear Software, a Somerville, MA-based provider of tools for software developers and testers, said it acquired Hiptest, a French company that offers a software testing platform. Financial terms weren’t disclosed, but a spokesperson said Hiptest’s 15 employees will be joining SmartBear.
Private equity firm Francisco Partners acquired a majority stake in SmartBear last year; a source told Xconomy the deal had an enterprise value of $410 million. SmartBear is currently profitable and generating more than $100 million in annual revenue, the spokesperson said.
—Wellist said it raised $10 million in a Series A funding round led by Summation Health Ventures and .406 Ventures. The Boston-based digital health startup’s software enables hospitals to connect patients and caregivers to vetted vendors of non-medical services, such as home cleaners, child care providers, and emotional support groups.
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