In The Know
The Inno stories you need to read today.
Elsewhere in Inno
Stories from around the Inno network we think you’ll dig.
– Abre Debuts Program to Turn Teachers’ Experiences into Courses [Cincy Inno]
– Elon Musk Will Build Chicago’s High-Speed Underground Transit System to O’Hare [Chicago Inno]
– How a Milwaukee Kids Clothing Brand Became a Hit With Hollywood Stars [Wisconsin Inno]
Making Moves
Inside the people, companies and organizations making moves in Boston.
Sri: Stryker is NOT acquiring Boston Scientific. Two days after news reports claimed Michigan-based medical tech company Stryker was in talks to acquire Marlborough, Mass.-based Boston Scientific, Stryker said that it is not in talks with the medical device manufacturer about a takeover.
Lucy: After yesterday’s story about HelloFriend, here’s another local social media startup that wants to build an alternative to Facebook. Post With Me is a social network specifically designed to be unlike some of the world’s most popular. The site was created to give people a sense of community and civility that co-founders Richard DiBona and Kara Peterson, a husband-and-wife team, feel most social media platforms have abandoned. Users can create posts with photos and text on any topic they want, from sports to travel. Read more: Boston-Based Post With Me Looks to Bring Civility to Social Media
Sri: SaaS-based managed services technology platform Continuum acquired cybersecurity firm CARVIR. The move extends Continuum’s cybersecurity offerings and ability to enable IT service providers to meet the mounting security and compliance needs of their SMB clients.
Lucy: Cambridge-based CareAcademy, which teaches online classes to help caregivers provide care at home, was selected as one of “The Backstage 100,” 100 startups led by underrepresented founders that will receive an investment from Backstage Capital.
New Money
Your daily funding roundup.
Sri: It’s not a startup this time — Boston-based VC firm, Romulus Capital raised $83M for its third funding round. Romulus focuses on early-stage tech firms.
Player Personnel
Who’s moving where.
Sri: HubSpot has an Akamai chief. Cambridge-based software firm HubSpot tapped Akamai’s SVP of business finance and operations, Kate Bueker as its new CFO. Bueker has been at Akamai for 11 years and was previously an investment banker at The Blackstone Group, UBS and Credit Suisse.
Lucy: Josh Verrill joined the NuoDB team in Cambridge as their new CMO. Prior to joining NuoDB, he spent five years at Dyn (acquired by Oracle) in Manchester, NH.
In The Community
The events and happenings to know about tonight and this week.
Sri: TechJam is tonight! Doors to the party at Government Center opens at 4 p.m. Individual tickets are on sale for $20 plus fee, and students can snag them for $10 plus fee. Read more: BostInno Approved: June’s Top Tech & Startup Events in Boston
Read This Right Now
Insight and analysis from the community and beyond.
Lucy: What is the most effective way to submit a proposal to get funding from established venture capital groups? Jeff Bussgang, VC at Flybridge Capital, answered on Quora: “Investors will drop anything to take a meeting with, or seriously consider evaluating, an entrepreneur recommended by someone who previously made them money.”
Mea Culpa
Because sometimes we make mistakes.
Sri: The blurb on New England tech salaries yesterday may have implied that the state’s average salary is $75,297. That number is the Median Household Income for Massachusetts, NOT the average salary of an individual.
 Featured Jobs
Featured startup and tech jobs on BostInno’s new Careers Directory.
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