Two MIT technologies generated buzz at SXSW this week. DuoSkin, The MIT Media Lab and Microsoft Research company, was a recipient of SXSW’s “SciFi No Longer” award. DuoSkin is a temporary tattoo that serves as a touch-based interface. According to its website, “DuoSkin is a fabrication process that allows the consumer to create customized functional devices that can be attached directly on their skin. DuoSkin devices enable consumers to control their mobile devices, display information and store information on their skin while serving as a statement of personal style.” Portal Instruments, a Cambridge-based startup, computerized a needle-free drug delivery system called Prime that won in the “Heath, Med & Biotech” category. The company wants to replace all needles and syringes with a safe, fast and connected device, empowering patients to holistically manage their chronic conditions. The company also closed a $25 million Series B round led by 5AM Ventures.
Here’s what else happened in the Boston startup community this week:
Boston-based startup VentureApp aims to make business messaging easier by becoming the online and mobile chat hub for its users’ professional contacts and business needs. This week, the company closed $4 million in funding led by Accomplice with investment from Fullstack Ventures, Boston Seed Capital and numerous other angel investors. The company has more than 30 employees and 200 paying customers, and with the funding, plans to continue adding new features for customers.
Cambridge's Accion Systems Inc. and Boston's NewStore were both named on Bloomberg's "50 most promising startups you've never heard of," a list compiled by market research firm Quid. Accion is developing propulsion systems for small satellites, has raised $9.5 million and has 20 employees. NewStore sells mobile commerce software to consumer brands and has raised $40.4 million in funding from investors including General Catalyst.
Boston-based Zerto Inc., a startup that helps companies back up their data in the cloud, announced that Ken Goldman, Yahoo's chief financial officer, is joining its board of directors. Goldman previously served as the CFO of cyber security company Fortinent and CRM company Siebel Systems, which was acquired by Oracle for $5.85 billion during his tenure.
Virtudent, a Boston telemedicine startup, added longtime athenahealth employee John Voith as its senior vice president of operations. The company provides mobile dental care visits, offering concierge-style preventive dental services to employers and communities, with the goal of making dental care more accessible.
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