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Genotrope
Record: ActiFio Currently Hiring
Funding Status: Series A
Investors: North Bridge Venture Partners
Industry: Storage
Offering Description: stealth mode, can you say cloud? Storage
Covering Start-ups and Emerging Technology in theHUB Boston and Cambridge area.
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Genotrope
Record: ActiFio Currently Hiring
Funding Status: Series A
Investors: North Bridge Venture Partners
Industry: Storage
Offering Description: stealth mode, can you say cloud? Storage

Massachusetts has just announced a initiative to fund start up activities here in our state. $ 25 million dollars will be allocated to catalyze growth and stimulate innovation.
Check it out http://masschallenge.org/
Genotrope Record: Cadio Currently Hiring
Funding Status: Seed Round
Investors: MIT
Founders or Execs past companies: MIT PHD Students
Industry: Wireless/Mobile Analytics
Offering Description: Cadio analyzes GPS data from mobile phones to better understand consumer interests and habits. Using a privacy-aware opt-in model, Cadio’s algorithms create Tag Clouds for Consumers™ to generate brand-relevant inferences about where people go and what they do. Cadio offers market research services and enables lifestyle-relevant advertising.
Genotrope Record: Nasuni
Funding Status: Series A
Investors: Sigma, North Bridge
Founders or Execs past companies: Archivas
Industry: Storage
Offering Description: Storage as a Service
Genotrope Record: Bluefin Lab
Funding Status: Seed
Investors: ?
Founders or Execs past companies: Another Andy Palmer mentored company. MIT
Industry: Consumer Web, Video Search
Offering Description: cutting edge video search technology applied to the exciting world of consumer media.
Shotput Ventures of Atlanta has recently launched with their first session this summer. Using the by now familiar formula of $5,000 per team plus $5,000 per founder in exchange for 5% – 10% of equity on entrepreneur friendly terms.
The team is a strong group of successful entrepreneurs with backgrounds in web and software technology. Certainly a viable candidate when you are applying to the list of startup accelerators built on the mold of Y Combinator. If they have a winter program, they will be even more attractive to the snow bound Boston teams.
The un-answered question is who will be the audience for “demo day”? Will Ron Conway or Sequoia be there? Ultimately the test is how many successful companies will be spawned by the program.
They are off to a good start and we look forward to seeing the companies that spring forth under the guidance of Shotput Ventures.
If you are interested in new and up and coming startups, make sure to go to Democamp Boston next Wednesday evening. The format is Ignite style (5 minute presentation). The presenters are a mix of established startups and bootstrapped web applications. Sign Up Here
The presenters they have lined up are:
7:10 Raj Aggarwal, Localytics
7:25 Fraser Kelton, AdaptiveBlue
7:40 Allen Smith, Wherephone
7:55 Dan Lambright, Mideo Factory
—————————-20 minute Break—————————-
8:30 Rachel Segal, B5Media
8:45 Greg Raiz , Raizlabs
9:00 Mark Bao, Ramamia
9:15 Wrap-up
9:30 Networking at Lingo bar and restaurant (at bottom of building)
Genotrope Record: uTest
Funding Status: Seris A
Investors: Egan, Longworth
Founders or Execs past companies:
Industry: Saas Web Testing, B2B
Offering Description: uTest is the SaaS marketplace for software application testing – providing software companies with on-demand testing services by a global community of professional software testers (the “uTester Community”).
Genotrope Record: Amp Idea
Funding Status: Seed
Investors: ?
Founders or Execs past companies: Consultant at Upstartle
Industry: Wireless, Consumer Advertising
Offering Description: providing clients with innovative and affordable means of advertising through digital signage. Amp Idea specializes in providing digital advertising in taxis for business owners in the Boston Area.
You can’t read a publication that covers startups without coming across an article about the Venture Capital market tanking.
In spite of this, there have been some really interesting companies recently closing their series A here in Boston. The group is a good mix of seasoned founders and first time entrepreneurs.
The Search Marketing, Lead Generation or Inbound Marketing space is heating up with several new players entering the field.
Wordstream Serial CEO and new founder.
JazD Markets Seasoned VP of engineering, CEO proven executive in turnaround and high growth environments.
Data Center Solutions have been a strong field for Boston and these new players are seeking to continue that trend.
Cloudswitch Founders coming off big exits.
Viridity Software Second time around.
Cloudant First time founders, PHD’s from MIT. VC that funded Series A has not been announced. If you have info, let us know.
Mobile Applications and Wireless is an active market for Boston
SCVNGR 19 year old founder quit school to give startup a go.
I look forward to following each company on their journey.
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