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52 Boston Startups Net $1.5 Billion+ In May

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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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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 is part of our multi-layered security strategy to secure the payments ecosystem,” said Johan.

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

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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. The $14 million of funding Rinse recently secured will not be going into the company’s tech as much as into building out its team as it looks to launch in new markets.

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Entrepreneurial Upscale Chefs Are Plating Recovery Plans

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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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Australia Central Bank Sees No ‘Public Policy’ Case For CBDC (For Now)

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But: The bank is keeping an eye on the experiences and progress of other nations, and still is researching its own technological and “policy implications” of wholesale forms of CBDC. In at least some nod to the technicalities, back in January, the central bank envisioned that the digital currency might be issued via blockchain platform.

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Caesars Puts Stake In Online Betting Co DraftKings

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” Founded in 2012, Boston-based DraftKings offers daily fantasy sports contests across 11 professional sports and in eight countries, including the U.S., “We look forward to collaborating with Caesars Entertainment on creating the most innovative and engaging sports and entertainment products, and events, for our customers.”

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Cybric Makes DevSecOps A Reality

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Boston-based company Cybric is a relative newcomer on the cybersecurity scene, but it’s re-envisioning how developers test the security of their applications. “If If you look at the cybersecurity landscape, there are over 1,220 solutions and tools,” said Mike Kail, Chief Innovation Officer at Cybric.

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