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52 Boston Startups Net $1.5 Billion+ In May

PYMNTS

Boston’s biotech industry raised more than $1.5 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. LaunchPad Medical of Lowell received a $2.5

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Rinse Clothing Service Raises $14M To Expand To Boston, Chicago And Beyond

PYMNTS

The dry cleaning industry isn’t working. Everyone needs clean clothes, and those working in the industry have to make a living. Rinse has a solution for both, and thanks to a $14 million Series B funding round led by Partech, it’s taking that solution to two new cities: Boston and Chicago.

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Cybersecurity Firm Cybereason Snags Another $200M From SoftBank

PYMNTS

It also plans to build the world’s first full stack offering for truly autonomous security, as well as increase investment in its core organic R&D. Boston-based Cybereason has 500 employees, with offices in Tel Aviv, Tokyo, London and Sydney, as well as additional presence on all continents. “We

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Entrepreneurial Upscale Chefs Are Plating Recovery Plans

PYMNTS

Quick-service restaurants (QSRs), fast casual eateries and fast-food drive-thrus keep dominating headlines throughout the pandemic as a nation is understandably obsessed with staying fed on lockdown and after, when breathing the open air still feels oddly risky. As reported by Eater San Francisco, “the restaurant announced Wednesday (Sept.

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Comey On FBI’s POV On Cybercrime

PYMNTS

FBI Director James Comey discussed cybersecurity issues at a Boston College cybersecurity conference this week, highlighting that Americans should let go of their expectations of “absolute privacy.”. There is no such thing as absolute privacy in America; there is no place outside of judicial reach,” Comey made clear to the crowd.

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Caesars Puts Stake In Online Betting Co DraftKings

PYMNTS

” Founded in 2012, Boston-based DraftKings offers daily fantasy sports contests across 11 professional sports and in eight countries, including the U.S., The deal is subject to passage of applicable laws, and both parties need to secure applicable gaming licenses. and Australia.

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Football Season To Kick Off New Payments Plays

PYMNTS

As diehard baseball geeks pout about having to share TV time with another major sport, and most of the country goes into New England Patriot-hating mode, the digital payments and commerce industry gets pretty optimistic – and even excited. For the 2019 NFL season – PYMNTS is based in Boston, so Go Pats! –

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