BostInno
Boston-based online news portal that delivers news related to business, technology, education, and sports.
| Date | Investors | Amount | Round |
|---|---|---|---|
$1.3m | Seed | ||
| Total Funding | 000k | ||
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BostInno operates as a digital media and news platform with a tight focus on Boston's innovation economy. Initially launched as a WordPress blog in 2008, it was officially re-launched on December 7, 2009, as a comprehensive news source. The company was founded by Chase Garbarino and Kevin McCarthy, who served as CEO and CTO respectively, along with Greg Gomer, as part of their parent company, Streetwise Media. The founding vision was to reinvent local online news by combining a professional editorial staff with a community publishing platform.
The platform serves a diverse readership, from entrepreneurs and venture capitalists to professionals interested in Boston's tech, finance, education, and urban development sectors. Its business model revolves around digital advertising and events, providing content free to readers to attract a large and engaged audience. A key feature is its "Channels" platform, which allows companies to create branded pages and publish their own content, offering them a direct line to BostInno's audience. This hybrid approach, mixing staff-generated news with user-generated content, aims to foster a connected community around the city's innovation scene.
A significant milestone in BostInno's history was its acquisition by American City Business Journals (ACBJ), the parent company of the Boston Business Journal, on November 18, 2012. This move integrated BostInno into a major national network of business news publications while allowing it to maintain its distinct focus on the startup and tech community. The acquisition was seen as a way to combine BostInno's reach with a younger, tech-savvy demographic with the established presence of the Boston Business Journal. Following the acquisition, Garbarino and McCarthy initially remained with the company to ensure a smooth transition and continued growth.
Keywords: Boston innovation news, tech startups Boston, venture capital news, local tech journalism, Boston Business Journal, Streetwise Media, community publishing, digital media Boston, Chase Garbarino, Kevin McCarthy, Boston tech ecosystem, finance news Boston, higher education innovation, city life Boston, ACBJ, new england startups, tech media, local business news, innovation economy, startup community