Mass High Tech News

The company relocated from Cambridge to Miami and is backed by almost $700 million from investors including Google Ventures and Sequoia Capital.

As so-called "Series A" rounds in general have progressively gone larger, the number of seriously oversized Series A fundraises like Havoc's has been gradually increasing in recent years.

The firm now has 37 total staff, up from 17 at launch. Partner say it's already out of space at One International Place.

The ranking includes 18 chief executives who reported an average package of roughly $29 million. Without one outlier, the average drops to $14 million.

The 25 finalists pitched to roughly 1,000 spectators at the business school. Winners included an obesity treatment company and a solar energy startup for African hospitals.

The company says the move is part of a strategy to reduce manufacturing complexity and scale operations.

The former Veracode executive is leveraging her security background to scale a company that manages files for Boston Scientific and BJ's Wholesale Club.

The bids are the first to be made publicly known for the team, which is expected to fetch between $7 billion and $8 billion.

The cuts affect roughly 1% of the company's global workforce and take effect June 1. A Fidelity spokesperson said the investment manager plans to hire 1,300 additional product and tech roles by year end.

The Northborough company's East Providence factory has been offline since an April explosion injured 11 workers. Management predicts a May restart.

The Boston Business Journal's Fast 50 ranks private companies by revenue growth over three years. Leaders say young talent drives innovation and client connections.

The three-year-old enterprise software firm joins a growing list of local technology companies reaching billion-dollar valuations during a volatile year.

Managers increasingly are using AI tools to manage employees. but there's one big catch.

Forget the Roomba. iRobot's former CEO Colin Angle is building a new robot (with a tail).

Despite a $2.9 billion revenue performance, the company remains in the red. Management is banking on international markets and new brick-and-mortar stores for growth.

An analysis of millions of job postings challenges a perceived link between AI adoption and job losses.

The AI tool is meant to combat administrative burnout in doctors.

The closure follows Aloha Logistics' shutdown announcement in April. Amazon is reconsolidating its delivery network in the area.

The company received permits for nearly $32 million in interior work at One Boston Wharf Road. The move-in has been delayed since 2021.

The yearlong program turns students with no computer experience into full-stack engineers. Graduates now work for major tech companies.