Boston Tech Watch: .406, Circle, Haven, Shift, LinkSquares & More
Summary
— Akamai paid $125 million in cash to acquire Portland, OR-based identity management startup Janrain in early January, the Cambridge-based Internet content delivery network disclosed in a regulatory filing . The weight of those liabilities have sparked interest among employers to contribute a portion of their workers’ monthly payments, facilitated by platforms like FutureFuel and fellow Boston startup Gradifi. SeedInvest’s platform gives startups the ability to raise money directly from investors who aren’t accredited by securities regulators like the SEC over the Internet rather than being limited to venture firms and institutional capital. “We believe that the tokenization of financial assets will ultimately unlock capital for growing companies and investment opportunities for people everywhere,” Neville and Allaire wrote in a blog post . In a statement on Haven’s website, Gawande says the company “was formed by the leaders of Amazon, Berkshire Hathaway, and JPMorgan Chase because they have been frustrated by the quality, service, and high costs that their employees and families have experienced in the U.S. health system.