Brightcove Bonds with Conde Nast, BSX Backs Brain-Implant Firm, $8 Million Shared With PeerApp, & More Boston-Area Deals News
The theme for the week was definitely video, with four different deals cut around different aspects of the technology (five, if you count all the video-playing gizmos that cycle through Second Rotation’s reselling system). Those, and the rest of the week’s Boston-area tech and life sciences deals news, below.
—Second Rotation circled $6 million in second round of funding led by RockPort Capital Partners of Boston and joined by Venrock Associates and angle investors Austin Ligon and Henry Vogel. The Waltham, MA-based startup runs Gazelle, an online service that gives consumers cash for their old electronics and resells or recycles the goods.
—Cambridge, MA-based online video firm Brightcove inked a deal with publishing juggernaut Conde Nast Publications to launch new advertising-supported video channels for a host of publications’ websites, including Wired.com, Portfolio.com, Glamour.com, Parade.com, and Self.com.
—LoJack technology developer MicroLogic of Lowell, MA, will be acquired by the StarTrak Systems division of Scottsdale, AZ-based Alanco Technologies (NASDAQ: ALAN) for an undisclosed sum. StarTrak makes cellular- and satellite-based tools for tracking refrigerated trucks, trailers, and shipping containers.
—Molecular Biometrics, a Chester, NJ-based startup developing diagnostic tools for in vitro fertilization (and planning … Next Page »