MassVentures

MassVentures meets critical capital needs in the Massachusetts innovation economy, providing seed and early-stage venture funding to high growth startups as they move from concept to commercialization. The Boston-based venture firm was formed in 1978 as a quasi-public corporation by the Legislature of the Commonwealth of Massachusetts, governed by an independent Board of Directors, and managed by experienced venture capitalists. Leveraging the entrepreneurial spirit, educated workforce, and centers of innovation in Massachusetts, MassVentures has a track record of success with early-stage ventures.

Jason Allen

VP

ER

Ellen R. Frank

Director

RF

Renee Fry

Director

CH

Charlie Hipwood

President and CEO

Charles C. Hipwood

President and CEO

AR

Alan R. Morse

Director

Vinit Nijhawan

MD

Stacy Swider

VP Investments

Priya Yadav

VP Investments

292 past transactions

Takachar

Grant in 2012
Takachar creates a network of waste management enterprises in Kenya that turn unmanaged agricultural residues into charcoal, a low-cost, non-toxic, and eco-friendly cooking fuel for low-income households. They have developed a series of low-cost (US$20), locally manufacturable technologies to enable waste-to-char conversion, which has been tested and refined in Kenya for the past 3 years. Since 2011, They have set up or directly helped 7 nascent and locally run waste-to-charcoal enterprises in Kenya, some of which have since even demonstrated operational profitability and paying customers. So far they have created about 100 jobs and sold 50 tons of eco-char. Moving forward, they are trying to prove the long-term financial viability of these enterprises, which, if successful, will be the basis of a franchise network.

Profile Systems

Series A in 2000
Profile Systems is a developer of product information (PIM) and inventory management solutions for business-to-business e-business. It is an established leader in automated inventory replenishment and product information management software solutions. Profile Systems customers include Fortune 1000 manufacturers, distributors, and retailers such as Dana Corporation, CVS/pharmacy, Johnson Controls, Stanley Tools, Miller Electric/ITW, and Hubbell Incorporated.

Radial Analytics

Venture Round in 2017
Radial Analytics was founded to address healthcare’s biggest data challenges. Our first product is a decision support solution that empowers hospital case managers and discharge planners to identify the most suitable post-acute facility for each patient. The system offers an unprecedented degree of personalization – helping hospitals to optimize quality, outcomes, and cost across the continuum of care. Radial Analytics is funded in part by the National Science Foundation, supporting the development of transformational technology to drive societal and economic impact.

ChipWrights

Series C in 2003
ChipWrights, Inc. is a fabless semiconductor company and a leader in innovative digital and visual signal processing for embedded video and audio applications. ChipWrights specializes in developing all-in-one high definition solutions for complex application-specific standard products (ASSPs)—in particular, System-on-a-Chip (SoC) devices—which integrate a complete system on a single chip. ChipWrights’ fully programmable, low cost, low power, and high performance SoCs are ideal for building competitive products in the digital imaging and video markets. Its vector DSP achieves very high parallelism when operating on image data. The instruction set, address indexing schemes, and data access mechanisms are all tuned for image and video processing. Even the system Direct Memory Access engines are designed to move data in two-dimensional patches. ChipWrights’ goal is to provide customers with the best combination of Price, Performance, Power, Peripheral Integration, and Programmability. ChipWrights believes that image processing should be based on programmable solutions rather than fixed function ASICs. As system product life cycles get shorter and product requirements grow more complex, the improved flexibility of a programmable solution provides tremendous benefits to the system designer and manufacturer. The company offers a complete set of development tools, reference boards, and application libraries for its chips. In addition, a network of third party DSP algorithm and application developers is beginning to emerge whom can work together to create innovative and differentiated imaging products around the ChipWrights platform.

Content Raven, Inc.

Series A in 2015
Content Raven, Inc. develops and offers cloud based content security and analytics software. The company's software enables content distribution controlling, video and audio encryption, and user behaviour analytics. Content Raven was founded in 2011 and is headquartered in Framingham, Massachusetts.

Zylotech

Seed Round in 2018
Zylotech develops a self-learning customer analytics platform that ensures customer profile enrichment, predicts purchases, and brings relevancy-based recommendations towards unprecedented lift. Its products include data layer that organizes and standardizes user’s customer profiles; and analytics layer, an artificial intelligence and machine learning behind the platform. The company was founded in 2014 and is based in Cambridge, Massachusetts; Sunnyvale, California; and Bengaluru, India.

Vsnap Inc.

Seed Round in 2012
Vsnap to make their customers feel special. It’s a simple system to record, share and measure short video messages, as a more personal alternative to text or email. Receiving a vsnap feels like the modern version of the handwritten notes your mom likes to send. That’s why the customers you vsnap take action 41% more than email recipients, and why they usually gush about your business to their networks. Vsnap is free, and you can use it from your smartphone, tablet or computer.

OwnerIQ

Venture Round in 2012
OwnerIQ provides online advertising solutions and marketing channels for brands, retailers and manufacturers.

Artaic

Grant in 2012
Artaic is a company that is focused on providing innovative mosaics for the architecture and interior design industry. It combines computer aided design software, cloud based ERP/MRP logistics system,and an innovative robotic mosaic assembly system to create these mosaics. Artaic received investments from Angels and Corporate offices, and substantial non-dillutive grant funding from NSF, NIH, MassChallenge, MassVentures and Horizon2020. It was established by Ted Acworth in 2007.

Syrg

Venture Round in 2020
Syrg helps hourly workplaces make operations more efficient, compliant, and human. The company develops a management application platform for employers of hourly work who seek to transform and optimize their workforce. Syrg's technologies integrate with existing HR software with enterprise-grade security, allowing businesses to reduce cost, improve compliance, and increase engagement.

Core Security

Series A in 1999
Core Security provides enterprises with market-leading, threat-aware, identity, access and vulnerability management solutions that enable actionable intelligence.

Tank Utility, Inc.

Grant in 2015
With over $150 billion spent on delivered fuels (i.e. Propane, Heating Oil, Diesel, etc.) every year, fuel distribution companies struggle to efficiently plan deliveries with more than 50% of all delivery miles (or about 1/6th of total market spend) being unnecessary. Tank Utility uses real-time tank level measurements from IoT monitors and innovative business intelligence software to eliminate wasted delivery miles while helping fuel providers provide a better customer experience through greater transparency..

Fotech Solutions Ltd

Series A in 2008
Fotech, which is headed by Chief Executive Douglas Gibson, is developing optical fibre-based acoustic monitoring systems with a wide range of applications. These include applications for the oil and gas industry, which requires high-performance systems to detect pipeline leaks and other problems.

BountySystems

Venture Round in 2000
BountySystems, a provider of referral marketplaces.
Spectra Analysis, Inc. is a leading supplier of molecular spectroscopy systems and applications for chromatography. Their current products focus on real-time connection of Infrared Spectroscopy to Gas and Liquid Chromatography. Their systems make it possible to collect a full IR spectra for each component in a separation, either as a stand-alone or in parallel with Mass Spectroscopy - fast, reliable and sensitive.

Spiro Technologies, Inc.

Seed Round in 2017
Spiro Technologies, Inc. develops a relationship management platform that works in the background and recommends sales teams on different actions. The company’s platform creates contacts; eliminates data entry; provides sales suggestions; delivers reports; assists in making, receiving, and transcribing calls and texts from Spiro Voice number; and assists sales teams to track and manage opportunities. It serves construction, finance, manufacturing, professional service, and technology industries. The company was incorporated in 2014 and is based in Boston, Massachusetts.

BEZ Systems

Venture Round in 2008
BEZ Systems, Inc provides predictive performance management (PPM) solutions for enterprises to profile application performance, compare change and growth alternatives, and forecast results for productivity and business continuity. The company's products include BEZVision, an automated management solution that enables information technology (IT) managers, and other IT professionals to deliver application and database services to the business; BEZPlus that allows DB2 UDB customers to understand, analyze, and predict the impact of infrastructure changes on service delivery, as well as facilitates customers to predict the performance of Teradata database applications; and BEZ Oracle 10g Grid Control Management Plug-In, which provides various data collection for BEZVision to build profiles of various applications/line-of-businesses. Its professional services include application assurance programs, new application certifications, application and database performance, active data warehouse performance management and capacity planning, DBMS and hardware platform justification, and data warehouse hardware upgrade. BEZ Systems, Inc serves customers in the retail, transportation, insurance, financial services, healthcare, pharmaceutical, telecommunications, government, and information services markets. The company offers its products and services in North America, South America, and Europe through its direct sales organization and indirect channel partners. BEZ Systems, Inc was founded in 1983 and is based in Boston, Massachusetts.

Armored Things Inc.

Seed Round in 2018
Armored Things is a Boston-based startup building a predictive incident and emergency response platform for the Internet of Things (IoT) to keep people safe in large shared spaces like schools, stadiums, and streets. Our software solution integrates with IoT and mobile devices and data already present in these environments to quickly identify and comprehensively respond to cyber-physical threats and attacks.

Blue Therapeutics

Grant in 2020
Blue Therapeutics was founded in 2014 by Ajay Yekkirala, David Roberson, Michio Painter and academic founder Phil Portoghese. Blue was born out of the desire to take decades of knowledge and technology from academic research and transform that work into therapeutic solutions that can have positive and lasting impacts for patients in the clinic. Working in New England where the opioid epidemic has struck particularly hard, this meant asking theirselves why better therapeutic options for pain don't exist.

Unstack

Series A in 2020
Unstack Inc. develops a website and landing page platform for SaaS. It offers Unstack, a marketing platform that helps marketers to grow their business without the need for developers and designers. Its Unstack is used by startups and marketing teams to build websites, landing pages, and blogs that generate traffic, leads, and sales without coding. The company was incorporated in 2019 and is based in Cambridge, Massachusetts.

Centerstone Software

Series D in 2005
Centerstone Software is focused on the development of computer aided facility management solutions for facility operations, including space management and planning, operations, and asset and lease management. Centerstone Software was acquired by Manhattan Software in November 2006. Centerstone Software was founded in 2000.

CapeSym

Grant in 2012
CapeSym provides novel radiation detection solutions.
nanoView Diagnostics Inc. (dba NanoView Biosciences), is developing proprietary products that support research, translation and delivery of precision medicine. The Company was founded on a novel technology platform that uniquely identifies and characterizes exosomes. Our high-throughput, cost-effective analysis solutions enable life science researchers to better understand the biological role of exosomes and how to utilize them as biomarkers to provide improved insight for how diseases are diagnosed, treated and monitored.

CyGlass, Inc.

Grant in 2013
CyGlass, Inc. provides network-centric dark threat detection solutions that allow uncovering, pinpoint, and respond to non-signature based cyber threats that have evaded traditional security controls. The company also offers a security solution that uniquely allows anticipating and acting upon the intention of cyber threat actors while an attack is evolving. The company was founded in 2000 and is based in Littleton, Massachusetts. As of February 20, 2020, CyGlass, Inc. operates as a subsidiary of Nominet UK, Ltd.

Xilectric

Grant in 2017
Xilectric develops energy and environmental technologies with a focus on Li-ion technology.

iVexSol Inc.

Seed Round in 2020
iVexSol Inc. develops a lentiviral vector (LVV) manufacturing technology and process that addresses the shortage of LVV. It offers Lentiviral Vectors, a gene delivery vehicle that is used in the manufacturing of life-changing cell and gene therapies (CGTs). The company’s technology also reduces the complexity and development time of critical reagents and accelerates the development and enabling access to cell and gene therapies for CGT researchers and manufacturers. iVexSol Inc. was incorporated in 2018 and is based in Worcester, Massachusetts.
Dynamo Micropower Corporation, a power products company, develops fuel-flexible gas turbines for use in small distributed generation applications for the oil and gas industry. The company’s products include PowerCore, a solution for the oil patch that performs around the clock; and Infernocore, a flameless turboheater. It also offers custom solutions for oilfield applications. The company offers its products through a network of distributors; and support services through a network of service partners. Dynamo Micropower Corporation was founded in 2011 and is based in Somerville, Massachusetts.

Gencores

Grant in 2019
Gencores provides a platform that reduces the risk of concussion with customizable, smart, shock-absorbing helmet inserts.

Polatis

Seed Round in 2000
Polatis is a provider of optical switching technology. Founded in 2005 as the merger of leading optical technology companies from Cambridge Massachusetts and Cambridge UK, Polatis combined products, technologies and resources to create new solutions for modern fiber-based networks.

InstantEye Robotics

Grant in 2021
InstantEye Robotics is a division of Physical Sciences Inc., both located in Andover Massachusetts, approximately a half-hour north of Boston. InstantEye Robotics’ tactical, unmanned aerial systems (UAS) are the systems of choice by the military, law enforcement, first responder, and commercial users around the world. Our products are characterized by their affordability, ruggedness, and ease of use. We provide full-spectrum solutions, from initial concepts through to products manufactured in our state-of-the-art production facility.

Sitescape

Debt Financing in 2003
Sitescape started out making open-source Web workspace and then it bought a conferencing solution and now it is addressing social networking. Sitescape clients include the US Navy, US Centers for Disease Control, the European Space Agency, Lockheed Martin, Shell, and Starwood Hotels.

Inceptor, Inc.

Series C in 2003
Inceptor develops integrated pay-per-click and organic listing programs.

OwnerIQ

Venture Round in 2011
OwnerIQ provides online advertising solutions and marketing channels for brands, retailers and manufacturers.

Horsepower Technologies

Venture Round in 2017
Horsepower Technologies Inc. manufactures rehabilitative orthotics for horses. It offers FastTrack, a product that comprises padding for protection, shock-absorption, and durability; hard shell cuff and stanchion for strength and support for the musculoskeletal structure; and SafeStop for limiting the maximum permissible extension angle of the horse’s fetlock joint. The company sells its products online. Horsepower Technologies Inc. was formerly known as HOSSO Inc. The company was incorporated in 2008 and is based in Lowell, Massachusetts.

Harvest Automation

Series B in 2011
Harvest was founded by a seasoned technology executive and a trio of robotics experts. The Company now comprises a diverse, commited team with expertise in sales and marketing, engineering (software, hardware, electrical, mechanical), project management, and business operations.
Global Communication Devices is engaged in the design of fabless RF and mixed-signal ICs (integrated circuits) and RF and mixed-signal.

Ntirety, Inc.

Series B in 2008
Ntirety is a leader in delivering managed hybrid and multi-cloud solutions to 3200 enterprise customers throughout the globe, serving customers globally from four continents and 14 data centers worldwide. Formed in 2018 through the merger of Hostway and HOSTING, Ntirety is now a powerhouse with over 20 years of experience and unmatched customer service and support. With combined specializations in managing compliant, mission-critical workloads, Ntirety delivers highly secure and always available solutions to thousands of customers around the globe, enabling business to move faster with less risk.

Insightfil

Grant in 2014
Insightfil is dedicated to positively impacting patient outcomes by reducing medication errors, improving medication adherence (from norm of 40% to NIH goal of 75%), optimizing health professional time, and eliminating wasted drugs and packaging. They are delivering to the market with a unique “Personalized Wellness Portfolio” (PWP) that dispenses custom medication regimens. It is the first of its kind to connect the patient, clinic, and pill manufacturer in the administration of therapy.

Spectra Analysis Instruments

Venture Round in 2010
Spectra Analysis, Inc. is a leading supplier of molecular spectroscopy systems and applications for chromatography. Their current products focus on real-time connection of Infrared Spectroscopy to Gas and Liquid Chromatography. Their systems make it possible to collect a full IR spectra for each component in a separation, either as a stand-alone or in parallel with Mass Spectroscopy - fast, reliable and sensitive.

Centerstone Software

Series A in 2001
Centerstone Software is focused on the development of computer aided facility management solutions for facility operations, including space management and planning, operations, and asset and lease management. Centerstone Software was acquired by Manhattan Software in November 2006. Centerstone Software was founded in 2000.

BEZ Systems

Series B in 2005
BEZ Systems, Inc provides predictive performance management (PPM) solutions for enterprises to profile application performance, compare change and growth alternatives, and forecast results for productivity and business continuity. The company's products include BEZVision, an automated management solution that enables information technology (IT) managers, and other IT professionals to deliver application and database services to the business; BEZPlus that allows DB2 UDB customers to understand, analyze, and predict the impact of infrastructure changes on service delivery, as well as facilitates customers to predict the performance of Teradata database applications; and BEZ Oracle 10g Grid Control Management Plug-In, which provides various data collection for BEZVision to build profiles of various applications/line-of-businesses. Its professional services include application assurance programs, new application certifications, application and database performance, active data warehouse performance management and capacity planning, DBMS and hardware platform justification, and data warehouse hardware upgrade. BEZ Systems, Inc serves customers in the retail, transportation, insurance, financial services, healthcare, pharmaceutical, telecommunications, government, and information services markets. The company offers its products and services in North America, South America, and Europe through its direct sales organization and indirect channel partners. BEZ Systems, Inc was founded in 1983 and is based in Boston, Massachusetts.

Jebbit, Inc.

Venture Round in 2015
Jebbit has built the world’s first declared data platform. Our platform enables marketing and sales teams to create beautiful, mobile experiences aimed at capturing the most important consumer data an enterprise needs. Instead of relying on third-party data which is often highly inaccurate and incomplete, enterprise brands use Jebbit to capture consumer intentions, motivations, and preferences. Customers include travel, ecommerce, and sports brands such as Cathay Pacific Airways, LifeLock, and the New England Revolution. Jebbit was named one of the Top 25 Most Promising Companies in the World by CNBC, the Best Tech Culture in Boston 2016, and its cofounders are Forbes 30 Under 30 honorees. To learn how you can get started with a declared data strategy, visit www.jebbit.com.

EverVest

Grant in 2014
EverVest provides financial risk analysis and cash flow modeling software to renewable energy investors. The software helps banks, investors, and developers to analyze and structure financings for new assets while also providing enterprise risk management features for portfolio managers.

Silverside Detectors

Grant in 2017
Silverside Detectors Inc. is a technology company. They develop nuclear radiation detection technologies to protect cities and citizens from nuclear terrorism. It designs and develops advanced and adaptable radiation detectors. These detectors can be installed in urban and transit infrastructure for nuclear detection. The company develops inexpensive thermal neutron detectors that can be a building block for large-area networked scanning and other future solutions for nuclear threat reduction. Silverside Detectors Inc was founded by Sarah Haig and Andrew Inglis in 2013; and is headquartered in Boston, Massachusetts.

Uniqarta

Grant in 2018
Uniqarta manufactures technologies that accommodate small, ultra-thin ICs and their inclusion within common materials such as paper or plastic. The result is a class of Smart Materials that eliminate the need for RFID label add-ons and accelerate the IoT evolution.

Battery Resourcers

Series B in 2021
Founded in 2015, based on a technology out of Professor Wang's group at WPI, Battery Resourcers, is committed to changing the dynamics for processing end of life lithium ion batteries. Currently most lithium ion batteries are landfilled. If they are recycled only the metal value from the batteries is recovered. Battery Resourcers proprietary process allows one to directly synthesize new cathode materials from spent lithium ion cells. Battery Resourcers will be able to deliver low cost cathode materials to the lithium ion battery market enabling green technologies and resulting in less landfilled material a more sustainable pathway forward.

CardioFocus

Series C in 2001
CardioFocus is a biotechnology company that focuses on the advancement of ablation treatments for cardiac disorders. The company specializes in providing electrophysiologists with innovative and effective tools that bring new levels of precision and control to the treatment of atrial fibrillation that focuses on developing, manufacturing, and investigating disposable fiber optic catheters for the visualization of the cardiac anatomy and the treatment of cardiac arrhythmias. CardioFocus was founded in 1990 and is headquartered in Marlborough, Massachusetts.

Continuum Photonics

Series A in 2000
Continuum's mission is to provide optical networking equipment manufacturers with strategic subsystems that enable higher bandwidth products and associated revenue-generating services at a substantially lower cost. As a first step, Continuum Photonics is developing a radically different, operationally and economically beneficial photonic switch that will solve many of the problems associated with delivering and managing optically-transported bandwidth.

Edaris

Series C in 2011
Edaris Health, Inc. provides clinical documentation solutions to emergency departments and urgent care centers. It offers a medical charting software solution for patient management, care coordination, performance management, and emergency department operations; and a cloud-based urgent care electronic health record solution. Edaris Health, Inc. was formerly known as Forerun, Inc. and changed its name to Edaris Health, Inc. in November 2016. The company was incorporated in 2005 and is based in Waltham, Massachusetts.

CenterStone Technologies, Inc.

Venture Round in 2005
CenterStone Technologies, and the iVendix Suite leads the way in digital marketing, sales tools and professional strength wholesale B2B e-commerce for brands. Every day we strive to deliver real value to our customers; delight our user community with an unparalleled user experience; leverage the power of SaaS-based development, infrastructure and minimal downtime for our clients’ IT departments; and make CenterStone a special place in which to work. CenterStone Technologies is headquartered in Denver, Colorado, with an additional European office in Paris, France.

Fairmarkit

Pre Seed Round in 2018
Fairmarkit is an intelligent sourcing platform that empowers organizations to more efficiently purchase the goods and services they need. By equipping procurement and supply-chain teams with automation and data, Fairmarkit promotes competitive bidding while reducing manual work within existing processes. Leveraged by innovative procurement departments across a number of industries, such as Univision, ServiceNow, and the MBTA, Fairmarkit aims to revolutionize the way organizations make purchases.

Fluidity Software

Grant in 2013
Fluidity Software enables teachers and students to easily create, solve, graph, and animate math and physics problems. Since 2005, Fluidity Software, Inc. has been researching, designing, developing, marketing, and selling state of the art education and scientific visualization systems aimed at revolutionizing the way people learn. Fluidity has achieved considerable success in acquiring funding from the federal government to pursue the research and development of its core products. This funding has come in the form of grants and contracts from the U.S. Department of Education, the National Institutes of Health (NIH), and the National Science Foundation (NSF).

Upstream Tech

Grant in 2016
Upstream Tech conserving freshwater by powering informed water market transactions.

CardioFocus

Series B in 2000
CardioFocus is a biotechnology company that focuses on the advancement of ablation treatments for cardiac disorders. The company specializes in providing electrophysiologists with innovative and effective tools that bring new levels of precision and control to the treatment of atrial fibrillation that focuses on developing, manufacturing, and investigating disposable fiber optic catheters for the visualization of the cardiac anatomy and the treatment of cardiac arrhythmias. CardioFocus was founded in 1990 and is headquartered in Marlborough, Massachusetts.

Continuum Photonics

Series B in 2002
Continuum's mission is to provide optical networking equipment manufacturers with strategic subsystems that enable higher bandwidth products and associated revenue-generating services at a substantially lower cost. As a first step, Continuum Photonics is developing a radically different, operationally and economically beneficial photonic switch that will solve many of the problems associated with delivering and managing optically-transported bandwidth.

Kytopen Corp.

Seed Round in 2020
Kytopen is a developer of a cell therapy platform designed for non-viral delivery of molecules into hard-to-transfect immune cells. The company's technology combines microfluidics and automation to make non-viral delivery of molecules easier, faster and cheaper through an automated cell engineering platform, enabling researchers to find new discoveries in biology that will lead to cost effective cell and gene therapies.

NewGrid

Grant in 2016
NewGrid is a software firm in the utilities industry, focused on the development and commercialization of topology optimization technologies. NewGrid’s software supports power operations and operations planning decision making including outage scheduling and coordination, seasonal contingency planning, remedial action plan and operating guide (Op. Guide) development, and congestion management. Our team is made of engineers, researchers, software developers and economists with years of experience in power systems and markets analysis and design. NewGrid’s founders are thought-leaders in the applications of topology optimization technology to power system operations. With DOE ARPA-E support, they led the first team to ever produce security-constrained topology re-configurations on large-scale RTO systems automatically, with short calculation times acceptable to system operators.

Ginkgo Bioworks

Grant in 2014
Ginkgo Bioworks, Inc. designs, engineers, develops, tests, and licenses organisms. It discovers molecules in flavors, sweeteners, cosmetic ingredients, crop treatments, and pharmaceuticals. The company also provides probiotic bacteria to protect the body from dangerous infections; and generates libraries of molecules. It serves cultured ingredients, carbon mitigation, probiotics, and natural product discovery markets. Ginkgo Bioworks, Inc. was founded in 2008 and is based in Boston, Massachusetts.

Solablock

Grant in 2012
SolaBlock is an entirely new approach to solar electric buildings, bringing the entire building envelope into renewable energy production.

Grapevine Logic Inc.

Pre Seed Round in 2015
Grapevine is an end-to-end influencer marketing platform that enables collaboration between advertisers and social media content creators to produce promotional content at scale. The Grapevine network includes more than 177,000 creators who generate more than 6 billion monthly views.

Cognistar

Venture Round in 2001
Cognistar is a provider of online courses and publications for professional and consumer education in the legal, IT professional, and health and wellness markets. The company provides courses on continuing education for legal professionals, health and wellness certification and continuing education for healthcare professionals, and continuing education in HR and safety. Its courses include litigation, corporate and securities law, taxation, labor, and employment law, bankruptcy, intellectual property, ethics, bias, professionalism, and substance abuse.

Vecarius

Grant in 2013
Vecarius is a company providing heat recovery solutions particularly in markets involving energy-intensive mobile or portable applications.

Clarity Imaging Solutions

Venture Round in 1999
Clarity Imaging Solutions is a provider of hardware, consumables, and services in specialty print environments that reduce overall printing and management costs. The company's innovative tools provide secure cost recovery solutions coupled with fleet monitoring for proactive consumables replenishment, and service response for many Fortune 500 companies.

Core Security

Venture Round in 2004
Core Security provides enterprises with market-leading, threat-aware, identity, access and vulnerability management solutions that enable actionable intelligence.
Physical Sciences provides contract research and development services in a wide diversity of technical areas to both government and commercial users. It offers adaptive infrared imaging spectroradiometers, compact adaptive optics retinal imagers, CR-doped ZNSE crystals, GASSCAN miniature diode laser-based ambient gas sensors, hand-held line scanning laser ophthalmoscopes, hybrid LSLO/spectral domain OCT imagers, lyoflux mass flux monitors, orientation-patterned gallium arsenide frequency converter devices, pharmaceutical process analytical technology sensors, quantum cascade laser sensors, RMLD portable standoff hazardous gas detectors, sideview microplates, tracking scanning laser ophthalmoscopes, tracking optical coherence tomography imagers, multi-wavelength gas sensors, tunable diode laser gas sensors, water vapor dials, and more. Physical Sciences Inc. was founded in 1973 and is headquartered in Andover, Massachusetts.
Spectra Analysis, Inc. is a leading supplier of molecular spectroscopy systems and applications for chromatography. Their current products focus on real-time connection of Infrared Spectroscopy to Gas and Liquid Chromatography. Their systems make it possible to collect a full IR spectra for each component in a separation, either as a stand-alone or in parallel with Mass Spectroscopy - fast, reliable and sensitive.
Dynamo Micropower Corporation, a power products company, develops fuel-flexible gas turbines for use in small distributed generation applications for the oil and gas industry. The company’s products include PowerCore, a solution for the oil patch that performs around the clock; and Infernocore, a flameless turboheater. It also offers custom solutions for oilfield applications. The company offers its products through a network of distributors; and support services through a network of service partners. Dynamo Micropower Corporation was founded in 2011 and is based in Somerville, Massachusetts.

Illume Software

Venture Round in 2011
Illume Software develops solutions that leverage location to power high-value applications and services. Our first product, iZUP, offers a responsible solution to cell phone-related distracted driving. iZUP harnesses the power of GPS, the pervasiveness of cellular networks, and the new emphasis on intelligent solutions to real-world problems.

Armored Things Inc.

Seed Round in 2020
Armored Things is a Boston-based startup building a predictive incident and emergency response platform for the Internet of Things (IoT) to keep people safe in large shared spaces like schools, stadiums, and streets. Our software solution integrates with IoT and mobile devices and data already present in these environments to quickly identify and comprehensively respond to cyber-physical threats and attacks.

Ardence Inc

Venture Round in 2000
Ardence is a provider of solutions that enables IT administrators to provision PCs, servers, and web services on-demand from a centrally managed source. Ardence software can support a dynamic desktop infrastructure, in which both the operating system (OS) and applications are delivered to a bare metal machine from virtual disks on a centralized server.
Energid Technologies provides software, products, and support to solve the most difficult robotics problems. Energid's robotics software simulates and controls kinematics and dynamics for all types of robotics applications, and their 3D machine vision software supports autonomy. Whether your challenge is in the field of medicine, agriculture, space-based systems, defense, or manufacturing, together they can solve it.

Concord Music Group

Series B in 1996
Concord Music Group is a music label company that manages recorded music activities and publishes music. The company offers a wide range of music labels, including Concord Records, Concord Jazz, Fantasy, Rounder, and Stax. It also organizes music tours for artists and bands, and licenses music for use in a variety of media outlets such as feature films, TV shows, video games, movie trailers, and ringtones. Concord Music Group was founded in 1969 and is headquartered in Beverly Hills, California. It was acquired by Concord Bicycle Music in 2015.

Harvest Automation

Series A in 2010
Harvest was founded by a seasoned technology executive and a trio of robotics experts. The Company now comprises a diverse, commited team with expertise in sales and marketing, engineering (software, hardware, electrical, mechanical), project management, and business operations.

lifeIMAGE

Series A in 2009
Health systems implement the lifeIMAGE platform for medical image sharing to enable fast, secure, electronic, data exchange for clinicians and care givers. lifeIMAGE is interoperable with the hospital EMR to provide integrated access to medical images, from anywhere. Clinicians can exchange medical images with patients and providers, anywhere.

Tank Utility, Inc.

Grant in 2015
With over $150 billion spent on delivered fuels (i.e. Propane, Heating Oil, Diesel, etc.) every year, fuel distribution companies struggle to efficiently plan deliveries with more than 50% of all delivery miles (or about 1/6th of total market spend) being unnecessary. Tank Utility uses real-time tank level measurements from IoT monitors and innovative business intelligence software to eliminate wasted delivery miles while helping fuel providers provide a better customer experience through greater transparency..

ZwitterCo

Grant in 2018
ZwitterCo provides revolutionary membrane solutions for the treatment of highly-impaired wastewater.

Transaera

Grant in 2018
Transaera is developing a new class of affordable, energy-efficient,environmentally friendly cooling systems.

Prolific Works

Pre Seed Round in 2012
Provider of an online publishing platform designed to connect readers with books. The company's online publishing platform offers authors to gain visibility and promote their work and increase their following, enabling authors to do a marketing for their books.

lifeIMAGE

Venture Round in 2015
Health systems implement the lifeIMAGE platform for medical image sharing to enable fast, secure, electronic, data exchange for clinicians and care givers. lifeIMAGE is interoperable with the hospital EMR to provide integrated access to medical images, from anywhere. Clinicians can exchange medical images with patients and providers, anywhere.

Sitescape

Series B in 2002
Sitescape started out making open-source Web workspace and then it bought a conferencing solution and now it is addressing social networking. Sitescape clients include the US Navy, US Centers for Disease Control, the European Space Agency, Lockheed Martin, Shell, and Starwood Hotels.

Qiave Technologies

Venture Round in 2000
The Qiave mission is to supply systems security-in-depth for corporate internetworking, assuring the foundation of trust necessary for dynamic e-commerce and Internet collaboration. They are in the business of content protection: ensuring the integrity of your corporate information assets. Their company develops and markets content security software for webhosting, e-commerce, and F1000 network infrastructures, and does so in powerfully inventive ways.

MTPV

Grant in 2016
MTPV Power Corporation is a clean energy company that focuses on innovations in Micron-gap ThermalPhotoVoltaics technology (MTPV). MTPV technology began development at MIT and Draper Laboratory before moving to the labs of MTPV Power Corporation. It was founded in 2003 and headquartered in Austin, Texas.
Physical Sciences provides contract research and development services in a wide diversity of technical areas to both government and commercial users. It offers adaptive infrared imaging spectroradiometers, compact adaptive optics retinal imagers, CR-doped ZNSE crystals, GASSCAN miniature diode laser-based ambient gas sensors, hand-held line scanning laser ophthalmoscopes, hybrid LSLO/spectral domain OCT imagers, lyoflux mass flux monitors, orientation-patterned gallium arsenide frequency converter devices, pharmaceutical process analytical technology sensors, quantum cascade laser sensors, RMLD portable standoff hazardous gas detectors, sideview microplates, tracking scanning laser ophthalmoscopes, tracking optical coherence tomography imagers, multi-wavelength gas sensors, tunable diode laser gas sensors, water vapor dials, and more. Physical Sciences Inc. was founded in 1973 and is headquartered in Andover, Massachusetts.

BitPipe

Venture Round in 2000
Bitpipe.com is the enterprise IT professional's guide to information technology resources. Browse this free online library for the latest technical white papers, webcasts and product information to help you make intelligent IT product purchasing decisions.

Polatis

Venture Round in 2012
Polatis is a provider of optical switching technology. Founded in 2005 as the merger of leading optical technology companies from Cambridge Massachusetts and Cambridge UK, Polatis combined products, technologies and resources to create new solutions for modern fiber-based networks.

Edaris

Venture Round in 2008
Edaris Health, Inc. provides clinical documentation solutions to emergency departments and urgent care centers. It offers a medical charting software solution for patient management, care coordination, performance management, and emergency department operations; and a cloud-based urgent care electronic health record solution. Edaris Health, Inc. was formerly known as Forerun, Inc. and changed its name to Edaris Health, Inc. in November 2016. The company was incorporated in 2005 and is based in Waltham, Massachusetts.

ThreeCore, Inc.

Series A in 2001
ThreeCore, Inc. provides data, technology, and material expertise solutions. Its services include integrated supply; strategic outsourcing; outsourced procurement services, including supply chain management, purchasing, engineering procurement, and china supply chain management; and operational consulting. The company serves semiconductor and electronics, telecommunications, wireless devices, semiconductor and electronics, industrial, specialty, medical, automotive, and aerospace/defense sectors. The company was founded as Assistantbuyer, Inc. in 1999 and later changed its name to ThreeCore, Inc. in February, 2001. The company is based in Beverly, Massachusetts.

Aclarity, LLC

Seed Round in 2022
Aclarity, LLC Manufactures and markets water purification devices for homes. Its water purification devices remove pathogens, metals, and other impurities from water. Aclarity, LLC was founded in 2017 and is headquartered in the United States.

Content Raven, Inc.

Series A in 2013
Content Raven, Inc. develops and offers cloud based content security and analytics software. The company's software enables content distribution controlling, video and audio encryption, and user behaviour analytics. Content Raven was founded in 2011 and is headquartered in Framingham, Massachusetts.

Fiberspar

Private Equity Round in 2010
Fiberspar is the industry leader in high-strength, fiber-reinforced tubular products for the oil and gas industry. Their innovative spoolable LinePipeâ„¢ products are the new everyday choice of the industry's top producers, providing dramatic cost and performance improvements over conventional steel and stick fiberglass.

geovue

Series A in 2001
geoVue, Inc. provides dynamic location optimization software for retailers, restaurants, and real-estate based consumer channels. The company offers capital planning suite that provides asset vitality evaluates, market ranking, and capital allocation services; and targeted marketing services, including direct mail scoring and iTARGET, a targeted marketing software. It also offers market optimization suite that provides iPLAN, a market planning platform; market optimization services, such as market blueprints, individual trade area maps, and demographic reports; and analysis decision. In addition, the company offers site selection and sales forecasting suite that offers iSITE, mapping and demographic reporting software; sales forecasting model that allocates the potential demand within the trade area; iPREDICT, a sales forecasting software; and sales forecasting services. The company was formerly known as Geonomics, Inc. and changed its name to geoVue, Inc. in August 2001. The company was founded in 1993 and is based in Woburn, Massachusetts. It has locations in Boston, Boise, San Francisco, and Chicago.

Global Telemedix

Series B in 2000
Global Telemedix delivered e-Healthcare software, providing a high level of connectivity with the power to transform healthcare delivery.

Sprockets.com

Series B in 2001
Sprockets.com, a secure, scalable, Internet-based service that enables client, creative, production and media professionals.

TerraTherm

Venture Round in 2001
TerraTherm is a worldwide leader in the development and implementation of in situ thermal remediation of organic contaminants.

MSW Power

Grant in 2020
MSW Power Corporation manufactures waste management solutions. It offers BWEC GEM, an integrated system that converts trash in the form of paper, wood, plastic, agricultural waste, and food into electricity and heat; HydroPactor, a system that reduces the weight of the waste stream by removing moisture; and a solid waste destruction system that mechanically and thermally removes moisture from solid waste. The company was incorporated in 2012 and is headquartered in Acton, Massachusetts.

Ze-gen

Series A in 2006
Ze-gen is a renewable energy company that utilizes proprietary gasification technology with ordinary waste streams to generate clean, sustainable, low-cost synthesis gas for multiple applications. Founded in 2004, Ze-gen has used innovative science, processes, a team, and industrial support in order to organize a group that believes that there is a possibility to efficiently repurpose the carbon content found in everyday waste and use it in various forms of renewable energy.

Kytopen Corp.

Grant in 2018
Kytopen is a developer of a cell therapy platform designed for non-viral delivery of molecules into hard-to-transfect immune cells. The company's technology combines microfluidics and automation to make non-viral delivery of molecules easier, faster and cheaper through an automated cell engineering platform, enabling researchers to find new discoveries in biology that will lead to cost effective cell and gene therapies.