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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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Mastercard’s Threat Scan Helps Banks Detect Vulnerabilities

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As weaknesses in authorization systems can be exploited by online thieves, financial services firms are more vulnerable to hackers and get hit 300 times more often than other businesses, according to the Boston Consulting Group. Threat scan intuitively mimic fraudulent behavior and can be used in conjunction with tools already in place.

Boston 177
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Stimulus Relief: Less Spending, More Saving

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And in those cases, Jonathan Parker, an economist at the Massachusetts Institute of Technology, told the Boston Globe , the attempt was pretty successful. Given the triple threat of economic insecurity hitting the population, it’s unsurprising that the data also indicates increased belt-tightening sweeping the nation.

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Alphabet-Backed Healthcare Startup, One Medical, To IPO

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One Medical , a conglomerate of technology-driven primary care offices backed by Google’s Alphabet , has filed an initial public offering (IPO), One Medical announced on Friday (Jan. One Medical is backed by technology and management firm 1Life Healthcare and will trade under the symbol “ONEM.”

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Real-Time Payments Successfully Gets Through Its First Test Drive

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The first transaction, in addition to moving funds, also carried data in an invoice-like fashion to accompany requests for payments which are irrevocable. The additional transactional data is designed to make it easier for business of all size to reconcile their accounts more quickly and inexpensively. Progress in the U.S.

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Cybersecurity Firm Cybereason Snags Another $200M From SoftBank

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Boston-based Cybereason has 500 employees, with offices in Tel Aviv, Tokyo, London and Sydney, as well as additional presence on all continents. We are leading the wave, becoming the world’s most reliable and effective endpoint prevention and detection solution because of our technology, our people and our partners.

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Amazon Sidewalk Eyes IoT Beyond The Connected Home

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In an interview with Cities Today, Research Director Jonathan Collins of ABI Research said Amazon Sidewalk “has the potential to deliver low-cost, low-data, citywide mesh connectivity. But he noted that Sidewalk would “struggle to match 5G’s national coverage.” It could certainly benefit from adoption within smart-city projects.

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