Boston

Boston companies are attracting new investment

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Published on May 24, 2019
Boston companies are attracting new investment

Photo: Robin/Facebook

Boston-based business intelligence and commercial real estate company Robin has secured $20 million in Series B funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced May 20 and led by Tola Capital.

According to its Crunchbase profile, "Robin modernizes the open office. We help employees secure the ideal space and resources for whatever project they’re working on at any given time, while equipping facilities leaders with the insights they need to continually optimize the workplace. The solution to the open office isn’t more walls."

The five-year-old company has raised two previous funding rounds, including a $7 million Series A round in 2016.

The round brings total funding raised by Boston companies in messaging and telecommunications over the past month to $25 million. The local messaging and telecommunications industry has seen six funding rounds over the past year, capturing a total of $40 million in venture funding.

In other local funding news, cloud security company ZeroNorth announced a $10 million Series A funding round on April 29, led by ClearSky.

According to Crunchbase, "ZeroNorth is the security industry’s first provider of orchestrated risk management. Organizations that rely on software as a competitive advantage trust ZeroNorth to manage risks by orchestrating the continuous and comprehensive discovery and remediation of vulnerabilities. ZeroNorth is headquartered in Boston and was created by and for security leaders."

Founded in 2015, the company has raised three previous rounds, including a $6 million round in 2018.


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