Wednesday, March 7, 2018

Big Whoop

"Whoop Inc.’s team keeps getting bigger. The Boston tech firm that specializes in athlete performance plans to roughly double its 45-person workforce over the next 24 months, in part with help from a new $25 million funding round. Whoop provides wristbands and software that allow athletes — as well as coaches and trainers — to track and study their performance and physiology. The latest funding round was led by UAE71 Capital of the United Arab Emirates, with participation from other new investors such as the National Football League Players Association, Golden State Warriors star Kevin Durant, Twitter CEO Jack Dorsey, and Thursday Ventures. A number of previous Whoop investors also participated. CEO Will Ahmed said the company has raised about $50 million through various funding rounds so far."

"Cambridge technology startup Kensho Technologies Inc. is being bought by S&P Global for about $550 million, the New York firm said on Tuesday. Kensho, which was started five years ago by Daniel Nadler, is focused on so-called next generation machine learning and analytics. It works with various banks and financial institutions, as well as the national security community. S&P said that Kensho will continue to operate out of Cambridge after the deal closes, which is expected early in the second quarter of this year."

The robots are coming for your job?

I can see it now.