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52 Boston Startups Net $1.5 Billion+ In May

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Cohere Capital Partners, a Boston-based private equity firm focused exclusively on middle-market growth companies, closed its initial fund at $200 million, and Founder Collective raised $85 million for its newest fund, BostInno reported. Below are the startups that raised capital in May, according to data compiled by BostInno.

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Boston Market On Tapping AI To Combat Fraud And Meet Mobile Customers’ Needs

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The technology is also credited with helping them meet diners’ demands for seamless purchasing experiences as well as enabling them to battle fraud. . One restaurant that is working to incorporate AI into numerous parts of its operations is Boston Market , a Colorado-based fast-casual chain that has 330 locations in 37 states.

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Hospitals’ Sharing Of Patient Data Extends To Other Big Tech Players

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In the latest example of hospitals’ influence in the data economy, Microsoft and Amazon now have access to patient records. The deal, struck with large hospital players, will allow the megaliths access to data under deals to crunch millions of patient records. Providence chief medical officer B.J.

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And The Payments And Commerce Innovation Winners Are…

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And, as America found out what actually happens when the wrong name gets read on stage, PwC found out what happens when Twitter decides to rename your firm — as our CEO (and former PwC employee) Karen Webster told those assembled at the Innovation Project’s annual awards dinner last night. And the winners are… Best POS Innovation.

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Gambling Site DraftKings To Sell More Shares In $1.6B IPO

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The Boston-based online sports gambling company announced Friday (June 19) it will sell 16 million shares of its stock. By bringing together our leading consumer brand, data science expertise and industry-leading products with SBTech’s proven technology platform, we will accelerate our innovation, growth and scale,” he said. “I

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Citi: Healing Broken PPE Supply Chains With Streamlined Cross Border Payments

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While innovation in financial services infrastructure can facilitate high-value cross-border transactions to complete within a day or two, in today’s ecosystem of B2B trade, there is growing pressure for payments to complete in a matter of hours, not days. Accelerating PPE Procurement.

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DraftKings To Merge With Other Companies, Go Public

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Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. Jason Robins, the co-founder and CEO of DraftKings, is going to run the new company, which will be incorporated in Nevada and keep its headquarters in Boston.

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