Thrasio Raised Another $1B, Devo Got $250M, and More Boston Tech News

Here’s what you may have missed in the world of Boston tech.

Written by Delilah Alvarado
Published on Nov. 01, 2021
Thrasio Raised Another $1B, Devo Got $250M, and More Boston Tech News
Photo:Shuttershock
Photo: Devo / Facebook

Boston tech companies did not lack news last week with several tech companies expanding and raising new funds. Keep reading to catch up on the latest news. This is the Built In Boston weekly refresh.

Thrasio raised $1B. The Amazon aggregator continues to expand, as it just raised another $1 billion in funding led by global VC giant Silver Lake. This is Thrasio’s fifth mega-round this year, and the year is not yet over. The company continues to stand as the largest acquirer of Amazon third-party sellers. [Built In Boston]

MoEngage expanded to Boston. MoEngage is expanding its efforts into Boston to better serve its customers on the East Coast. The insights-led customer engagement platform is focusing on expanding globally while also planning to open up another office in New York City in 2022. The company is currently hiring in Boston, New York City and San Francisco. [PR Newswire] 

BOSTON TECH QUOTE OF THE WEEK

“Security analytics is in such high demand because it is the heartbeat of an organization’s security operations center. Devo’s scale, the analytics we offer, and the economics we offer allow us to solve a particular problem that legacy technology in our space hasn’t been able to solve.” — Devo CEO Marc van Zadelhoff 

Devo gained its horn. Devo closed on a $250 million Series E — a significant jump from its $60 million Series D raised about a year ago. The company produces a cloud-based platform that allows other companies to manage their data with several cybersecurity features. The latest funding will be used to expand into new regions while currently hiring for various tech positions. [Built In Boston]

VistaPrint launched Vista. The design and marketing company that works with millions of small businesses announced a new brand, Vista. Vista will now be the parent brand that encompasses VistaPrint along with the company’s other products and acquisitions. [VistaPrint]

Indigo acquired Soil Metrics. Soil Metrics is an industry-leading tech company focused on comprehensive soil carbon and greenhouse gas assessment. The acquisition allows Indigo to pursue its commitment to advancing discoveries in soil carbon science. [Indigo] 

Hiring Now
Klaviyo
eCommerce • Marketing Tech • Software