EMC, Ember, Spindle, Yottaa, & More Boston-Area Deals
A bunch of small-ish deals (and some not so small) to catch up on from the past week…
—Hopkinton, MA-based EMC (NYSE: EMC) has acquired Syncplicity for an undisclosed price. The cloud-based file management startup, based in Silicon Valley, will be integrated into EMC’s Information Intelligence Group. The move is viewed as helping EMC compete with Dropbox for big enterprise customers.
—Cambridge, MA-based Spindle (fka Biff Labs) has raised $775,000 from investors including Polaris Ventures, Atlas Venture, Greylock Partners, SV Angel, and Ray Ozzie. The company is trying to build a “discovery engine for the social Web.”
—Boston wireless-networking firm Ember is being acquired by Texas-based Silicon Laboratories (NASDAQ: SLAB) for $72 million plus earnouts. It’s been a long, fun ride for Ember, which started in 2001. CEO Bob LeFort, co-founder Rob Poor, and investor Bob Metcalfe shed some light on the deal and what it means.
—Boston startup Yottaa announced a $9 million Series B financing from General Catalyst Partners, Stata Venture Partners, Cambridge West Ventures, and other investors. Yottaa is building Web infrastructure technology with the goal of helping businesses make their websites run faster on browsers and mobile devices.
—Cambridge, MA-based Ra Pharmaceuticals closed an $8.6 million tranche of its $27 million Series A. The company’s tech platform is designed to generate protein-like molecules that can combat a range of diseases.