A variety of Boston tech companies are making their own growth initiatives after pulling in fresh funding and more last week. Find out the latest news on how these startups are building out their presence. This is the Built In Boston weekly refresh.
It can sometimes be difficult for companies with long histories to make changes to their tech. This institutional inertia is often driven by success and can be compounded by the fact that, as a company grows, a single change can impact hundreds or thousands of employees and lead to costly downtime.
Women make up 28% of the STEM workforce. Of that percentage, only 5% of those women are women of color.
Even in the week of July 4th, fundraising doesn’t stop in Boston. Right after Independence Day, the local companies we tracked between July 5 and July 9 raised over $98 million.
Boston-based crypto unicorn Circle just announced that it is set to make its public debut at the end of the year thanks to a merger with Concord Acquisition Corp., a publicly traded special purpose acquisition corporation (SPAC) backed by former Barclays executive Bob Diamond.
With big funding rounds, a new partnership and more, find out what tech innovations are underway in Boston and which local companies are preparing to grow. This is the Built In Boston weekly refresh.