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52 Boston Startups Net $1.5 Billion+ In May

PYMNTS

Boston’s biotech industry raised more than $1.5 billion in venture capital funding in May, BostInno reported. BostInno reported that fundraising for new investments by venture capital and private equity firms was less but still evident. Below are the startups that raised capital in May, according to data compiled by BostInno.

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Tracksmith: Taking DTC Running From Heartbreak Hill To The Global Market

PYMNTS

Boston is home to the world’s “statement race” — the Boston Marathon. you’d be hard-pressed to find a Chowdahead who doesn’t think Boston is the running capital of the world. you’d be hard-pressed to find a Chowdahead who doesn’t think Boston is the running capital of the world.

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Rhode Island Governor Tapped As Biden’s Commerce Secretary

PYMNTS

She is also the co-founder of the venture capital firm Point Judith Capital in Rhode Island, and was senior vice president of the venture capital firm Village Ventures. . Raimondo was the former head of the Democratic Governors Association and national co-chair for former New York City Mayor Michael Bloomberg’s presidential bid.

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Alphabet-Backed Healthcare Startup, One Medical, To IPO

PYMNTS

Other investors include Benchmark Capital Partners, which owns 13 percent, and Oak Investment Partners, with 11.4 According to the filing , One Medical has nine locations — Boston, Chicago, Los Angeles, New York, Phoenix, San Diego, the San Francisco Bay Area, Seattle and Washington, D.C.

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Instacart Raises $271M On $7.8B Valuation

PYMNTS

hedge fund Tiger Global Management and existing investors Coatue Management and Valiant Capital. The funding round was led by hedge fund D1 Capital Partners, and came only six months after the startup closed on a $350 million round of investing. A source told Reuters that the additional funding comes from investors, including U.S.

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Cybersecurity Firm Cybereason Snags Another $200M From SoftBank

PYMNTS

This latest round of funding brings Cybereason’s total amount raised to approximately $400 million, with previous investors including CRV, Spark Capital and Lockheed Martin, according to a press release. Cybereason has announced it has received a series of investments and commitments totaling $200 million by SoftBank Group Corp.

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Congratulations to All Celent Model Bank 2017 Award Winners!

Celent Banking

Many of us at Celent just came back from a busy and exciting week in Boston. The rain and clouds couldn't obscure spectacular views from the State Room overlooking the Boston harbour. Capital One, USA. National Australia Bank, Australia. Emerging Technology for Consumers. Banco Original, Brazil. Bank of America, USA.