Feb. 10, 2012
CAMBRIDGE, Mass. — The next time you’re on a video conference call, you might want to check who else is watching. Many video conferences — including sensitive boardroom discussions — are susceptible to corporate spying, according to Rapid7, a Boston software company that is helping organizations guard against this threat. Rapid7 is part of a growing cluster of Massachusetts security companies. The firm raised $50 million in venture funding last year and has grown to 240 employees.
On the life sciences front, Celgene continued its recent streak of deals with Boston biotechs, with a $15 million investment in Acetylon Pharmaceuticals, a startup funded by New England Patriots owner Robert Kraft.
Under the heading of “companies looking to go public,” Cambridge-based Radius Health, which is developing a treatment for osteoporosis, has filed for an $86 million IPO. Meanwhile, fellow Cambridge firm HubSpot, which makes Web marketing software, has hired Akamai’s former chief financial officer as it too makes a push to join the ranks of the publicly traded.
The weekly roundup of business, technology and life science news from our partners at Xconomy.com airs every Friday on 89.7 Boston Public Radio.