{"id":546544,"date":"2010-04-29T00:01:18","date_gmt":"2010-04-29T04:01:18","guid":{"rendered":"http:\/\/www.xconomy.com\/?p=75861"},"modified":"2010-04-29T00:01:18","modified_gmt":"2010-04-29T04:01:18","slug":"under-the-radar-in-new-england-16-startup-financings-under-1-million","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/546544","title":{"rendered":"Under-the-Radar in New England: 16 Startup Financings Under $1 Million"},"content":{"rendered":"\n<div style=\"text-transform:uppercase\"><a href=\"http:\/\/www.xconomy.com\/tag\/deals\/\">deals<\/a>, <a href=\"http:\/\/www.xconomy.com\/tag\/startups\/\">startups<\/a>, <a href=\"http:\/\/www.xconomy.com\/tag\/funding\/\">funding<\/a><\/div>\n<p>\t\t<strong>Erin Kutz wrote:<\/strong><\/p>\n<p>March was a big month for little deals&#8212;at least when it comes to investing in New England&#8217;s startups.<\/p>\n<p>A couple of weeks ago, I wrote about the venture investing deals worth $1 million and up for March, which totaled to <a href=\"http:\/\/www.xconomy.com\/boston\/2010\/04\/13\/massachusetts-venture-funding-slimmed-down-to-194-million-in-march-but-healthcare-investing-swelled\/\">$194.5 million across 17 deals<\/a>, according to data provided to us by private company intelligence platform <a href=\"http:\/\/www.cbinsights.com\/\">CB Insights<\/a>. That made March the slowest month this year for $1 million-plus deals, but at the other end of the spectrum New England companies inked 16 deals under $1 million, by far the biggest list this year. (There were 10 such &#8220;under-the-radar&#8221; deals on the January list, and nine on February&#8217;s.)<\/p>\n<p>Not only did the number of under-the-radar transactions increase in March, so did the proportion of them that were based in equity. March&#8217;s list had a dozen equity-based transactions, and four debt-related financings. As far as <a href=\"http:\/\/www.xconomy.com\/boston\/2010\/03\/25\/flying-under-the-radar-in-february-nine-new-england-startup-deals-under-1-million\/2\/\">February under-the-radar deals<\/a> go, there were five equity-based transactions, three debt-based fundings, and one sale of securities to be acquired through the exercise of options and warrants.<\/p>\n<p>We like to look at our under-the-radar list as helping to paint a richer, more complete picture of startup investing in the region, and I think March&#8217;s list revealed that the startup investing for the month was much more diverse than one would conclude from the $1 million-plus deals. The healthcare industry accounted for more than half of the big-dollar deals, and nearly 75 percent of the total money invested, but the under-the-radar list includes companies working in a vast array of sectors. In addition to the few medical device and health IT companies, March&#8217;s under-the-radar list included companies in online learning, marketing automation and customization, solar energy, energy auditing, water treatment, and mobile travel guides.<\/p>\n<p>Also, for the first time this year, Massachusetts companies didn&#8217;t take the majority of New England&#8217;s smaller transactions. Connecticut took the top spot with seven deals, and Massachusetts followed with six. (My allegiances are conflicted here; I&#8217;m a Connecticut native but have been in the Bay State for about five years.) Two startups grabbed under-the-radar funding in New Hampshire, and Vermont inked <span class=\"read_more\"> <a href=\"http:\/\/www.xconomy.com\/boston\/2010\/04\/29\/under-the-radar-in-new-england-16-startup-financings-under-1-million\/2\/\"> &#8230;Next Page &raquo;<\/a><\/span><\/p>\n<div class=\"postFooter\"><a href=\"http:\/\/www.xconomy.com\/boston\/2010\/04\/29\/under-the-radar-in-new-england-16-startup-financings-under-1-million\/#comments\">Comments<\/a> | <a href=http:\/\/www.xconomy.com\/reprints\/>Reprints<\/a> | Share: &nbsp;<br \/>\n<a href=\"http:\/\/twitter.com\/home?status=RT%20@Xconomy%20Under-the-Radar%20in%20New%20England:%2016%20Startup%20Financings%20Under%20$1%20Million%20http:\/\/xconomy.com\/?p=75861\"  rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/twitter.gif\" alt=\"Retweet\"\/><\/a><br \/>\n&nbsp;<a 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style=\"display:none\" src=\"http:\/\/ib.adnxs.com\/seg?add=24595&#038;t=2\"\/><\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/X24by4x-WVihX6NhvaNfhfVJKUo\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/X24by4x-WVihX6NhvaNfhfVJKUo\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/X24by4x-WVihX6NhvaNfhfVJKUo\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/X24by4x-WVihX6NhvaNfhfVJKUo\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/Xconomy_Full\/~4\/EaaAQCZ1lFw\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>deals, startups, funding Erin Kutz wrote: March was a big month for little deals&#8212;at least when it comes to investing in New England&#8217;s startups. A couple of weeks ago, I wrote about the venture investing deals worth $1 million and up for March, which totaled to $194.5 million across 17 deals, according to data provided [&hellip;]<\/p>\n","protected":false},"author":1661,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,1,7,10],"tags":[],"class_list":["post-546544","post","type-post","status-publish","format-standard","hentry","category-energy","category-internet","category-news","category-software"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/546544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1661"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=546544"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/546544\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=546544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=546544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=546544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}