Boston Tech Watch: Boston Dynamics, WeWork, Optimus Ride & Hydrow
Summary
—SoftBank disclosed in financial filings the $37 million in debt financing it provided to robotics startup Boston Dynamics late last year was converted to equity last month. —Black Duck Software CEO Lou Shipley has joined General Catalyst Partners as an executive-in-residence to help guide the venture fund’s work with B2B tech companies. —Centage, a cloud-based budgeting software company headquartered in Natick, MA, said it raised a $8.5 million Series C funding round led by San Diego-based growth equity firm TVC Capital. In November 2017, Optimus Ride raised $18 million in a round led by Greycroft Partners, with participation from Emerson Collective, Fraser McCombs Capital, and MIT Media Lab director Joi Ito. —Manchester, NH-based Minim, a wifi security and management software developer, acquired a North Dakota company that makes similar tools for routers specifically for wireless internet service providers.
