InsightSquared, Bradford, Plastiq, & More Boston Dealmakers
[Updated 5/16/12 at 5:30 pm. See below]We saw deals this week for companies working on database, business intelligence, credit card processing, and security technology.
—Hopkinton, MA-based data storage giant EMC (NYSE: EMC) confirmed its acquisition of Israeli flash-storage startup XtremIO. Other media outlets peg the purchase price at $430 million, though EMC has not officially revealed the deal amount.
—Cambridge, MA-based Bradford Networks pulled in $3 million in funding led by Updata Partners and joined by Windspeed Ventures. Bradford develops technology for secure network access for personal mobile device use at companies and will use the money to expand into the healthcare and government markets.
—InsightSquared, a Cambridge-based maker of business intelligence tools for small- and medium-sized businesses, nabbed $4.5 million in Series A financing. The deal was led by Atlas Venture and included Bessemer Venture Partners, NextView Ventures, and Salesforce.com.
—Atlas Venture also joined Flybridge Capital Partners and angel investors in a $2.35 million investment in Plastiq, Mass High Tech reports. The Cambridge-based startup is looking to enable big purchases—like college tuition, rent, or a new car—to be made using credit cards, according to its website.
—Boston-based games startup LuckyLabs filed documents with the SEC indicating it had raised $3.5 million in funding. Jeff Fagan of Atlas Ventures was listed as a company director in the filing, which notes a total of three backers for the round. [Deal added Wednesday afternoon.]