Predict your next investment

SOFTWARE (NON-INTERNET/MOBILE) | Data & Document Management Software

See what CB Insights has to offer

Founded Year



Acquired | Acquired

Total Raised




About Akorri Networks

Akorri aims to provide Fortune 500 companies with a global data management platform.

Akorri Networks Headquarter Location

305 Foster Street

Littleton, Massachusetts, 01460,

United States


Latest Akorri Networks News

NetApp Buys Akorri, Mascoma Nabs Deal With Valero, Sonian Gets Cash From Amazon, & More Boston-Area Deals News

Jan 19, 2011

XconomyBoston —  We saw acquisitions, partnerships, and financings from tech and life sciences firms in New England this week. —Bloomberg News reported that Thermo Fisher Scientific (NYSE: TMO ), a Waltham, MA-based provider of lab instruments and services, planned to sell two lab test units for a total of up to $1 billion . Those businesses include Athena Diagnostics of Worcester, MA, and Lancaster Labs of Lancaster, PA. —Bedford, MA-based Ocular Therapeutix bumped its Series C funding round up to $21 million , with a new $6 million investment. Polaris Venture Partners led the previous close of this financing for Ocular, which was previously called I-Therapeutix and is developing hydrogel technology for protecting the eye after ophthalmic surgeries and for delivering drugs to the eye. — Akorri Networks of Littleton, MA, was bought by Sunnyvale, CA-based NetApp (NASDAQ: NTAP ) in an all-cash deal. NetApp didn’t reveal how much it paid for Akorri, a provider of analytical software for data management. —Lebanon, NH-based Mascoma, a developer of technology for producing cellulosic ethanol, inked a deal with Valero Energy that could be worth up to $50 million . The oil firm entered a non-binding agreement to fund construction of a Mascoma refinery in Michigan that would use wood-based materials to make ethanol. —IT firm Mercury Computer Systems of Chelmsford, MA, announced it had purchased Salem, NH-based LNX , a provider of receiver systems for intelligence technology, for $31 million in cash. LNX could get an additional $5 million from Mercury (NASDAQ: MRCY ) for hitting certain financial targets in 2011 and 2012, according to the announcement. —Needham, MA-based e-mail archiving firm Sonian nabbed a $9 million Series B investment from new strategic partners and Webroot Software and existing investors Summerhill Venture Partners and Prism VentureWorks. Sonian uses Amazon’s Internet cloud technology to store corporate e-mail communication. —GlassHouse Technologies, a Framingham, MA-based IT firm that registered for an initial public offering last year worth up to $75 million, wrapped up a $5 million investment from Citrix Systems in a Series F preferred stock offering. GlassHouse also gave Citrix (NASDAQ: CTXS ), an IT virtualization technology developer, an observer seat on its board of directors and agreed to notify the company of any offers to buy GlassHouse.

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.