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DraftKings Kicks off Football Season at Gillette 08/26/2015

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DraftKings_Logo-495x353MBBP Client DraftKings, the leading provider of daily fantasy sport, will be opening a branded fantasy sports lounge at Gillette Stadium. The startup, which has raised $375 million in venture funding since 2012, also announced similarly-branded lounges at AT&T Stadium  and Arrowhead Stadium.

The openings are scheduled for September 10, 2015.

Read the full article.

MBBP Client Sophity To Be Featured At MIN#78 08/26/2015

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higherreslogo_swongOur client Sophity, which empowers consulting businesses to increase revenue and margin by automating the collection of critical business data, thereby improving data accuracy for billing and planning purposes, has been chosen as a presenter at the next Mass Innovation Nights event (MIN#78) on September 9th at the brand-new TripAdvisor Needham headquarters.

A mainstay of the Massachusetts innovation community, the MIN events are held once a month at varying venues, providing a showcase each time for ten select, stand-out companies as they demonstrate their ingenuity and entrepreneurship to a mixed audience of experts, bloggers and fellow innovators. The highly-prized chance to present one’s product or service at an MIN event is viewed as both an honor and an opportunity. We know that Sophity, previously an EforAllAccelerator Winter 2015 winner, will make the most of it, and we congratulate them on their selection!

Click here for more information and to vote for your favorite products.

MBBP Client ‘Fuels’ Pan Mass Challenge Riders 08/24/2015

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collage-2015-08-21This Summer’s Pan Mass Challenge athletes got a chance to taste what the folks at Fuel For Fire have been cooking up: an innovative nutrition product made entirely of real food.

MBBP client Fuel For Fire donated Banana Cocoa “fuel” for 6,000+ riders and volunteers over the course of the weekend.

Wondering how it tastes? MBBP’s own Mike Cavaretta – who rode the PMC for the 11th time this year – got a sample and gave it two thumbs up!

Way to support your community, Fuel For Fire!

MBBP Client Dane Street on Inc. Magazine Hot List 08/21/2015

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Our client Dane Street, a Dane Street Client Logo (M0739750)leading national provider of IME and Peer Review services to the Worker’s Compensation, Disability, Auto and Group Health markets, was recently named to the noted Inc. Magazine’s List of Fastest Growing Private Companies for 2014. What might be even more impressive is the fact this is the 3rd year in a row Dane Street has made the list, reflecting their 522% revenue growth during the period from 2011 to 2014. As CEO Will Fulton said, “Being recognized by Inc. Magazine for three consecutive years is a source of great pride for Dane Street.”

The focus of the List issue is on the importance of outstanding leadership in achieving success in today’s highly competitive market.  As Inc. President and Editor–in-Chief Eric Schurenberg said, “You have to remember that the average company on the Inc. 500/5000 [list] grew nearly six-fold since 2012. Business owners don’t achieve that kind of success by accident.” Clearly, Will Fulton and his savvy executive team have what it takes to take their company to the top.

MBBP is proud to partner with Dane Street and we congratulate them on this well-earned honor.

MBBP Client DraftKings Raises $300M in Funding 07/30/2015

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DraftKings_Logo-495x353

MBBP Client DraftKings, the leading provider of daily fantasy sports announced on Monday, that Fox Sports will provide about $150 million for an 11 percent stake in the company.  Other investors include the Kraft Group, Wellington Management, and several sports leagues and franchises.

Morse, Barnes-Brown & Pendleton served as one of the counsel and advised DraftKings in connection with negotiation and documentation of the transaction. Read the full announcement.

So what’s a company to do with all this funding?  Why expand of course!  Read the latest news on how DraftKings is going global.

Congratulation DraftKings!

Insight Venture Partners Leads $92 Million Financing in Virgin Pulse 06/22/2015

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VirginShortly after Virgin Pulse launched its next generation workforce well-being platform, the company completed a $92 million funding transaction. Insight Venture Partners led the round of funding, along with existing investor Virgin Group.

Joe Martinez was the lead corporate attorney on MBBP’s team, which also included attorneys Shannon Zollo, Diana Española, Jonathan Calla, David Dinwoodey and Stan Chalvire.

Morse, Barnes-Brown & Pendleton serves as counsel to Virgin Pulse, and advised it in connection with the structuring, negotiation and documentation of this transaction.

More information on the transaction can be found here.

Sports Psychologist and Author George Mumford on NPR’s OnPoint 06/19/2015

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Mindful AthleteSports psychologist and author George T. Mumford was a guest recently on NPR’s OnPoint program discussing mindfulness and meditation in the NBA as a competitive edge. Mumford, who has served as “meditation master” to superstars such as Kobe Bryant, Shaquille O’Neal and Michael Jordan, is the author of a new book, The Mindful Athlete Secrets to Pure Performance.

Listen to the full broadcast at OnPoint Radio at this link:
Zen and the Art of the Free Throw

Mumford is a trademark client of Morse, Barnes-Brown & Pendleton. Congratulations George on your new book!

To learn more about the book or to purchase online, visit George’s website mindfulathlete.org.

MBBP Client OtoSense Wins Red Herring Top 100 Award 06/16/2015

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downloadMBBP Client OtoSense, developer of applications based on a new generation of sound recognition engines, was among the Top 100 North America award winners selected by Red Herring.  Each year Red Herring’s editorial team analyzes hundreds of privately financed companies with cutting edge technologies and evaluates them on quantitative and qualitative criteria.  Companies recognized in the past include Facebook, Twitter and Google, just to name a few.

Congratulations OtoSense!

FitLinxx’s Wearable Device Expected to Launch in the Fall 06/15/2015

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MBBP Client FitLinxx may soon have athletes monitoring their heart rate, physical activity, temperature and sleep with the AmpStrip.  The product campaign on Indiegogo has proven its place in the market by generating nearly $500,000 in pre-sales since late February.

FitLinxx is leading the industry by developing wellness applications, activity monitors and health tracking devices, and with consumers taking fitness to a new level – think 10,000 steps a day – they don’t want to stop there!  See how they’re exploring the use of the device in a broader range of health care applications here.

Just in time for football season!

Augmented Reality Startup Brings “Holodeck” Effect to Architecture 06/09/2015

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It sounds like something out of Star Trek where you can place yourself in an augmented reality. Only this time it’s not on the holodeck, but on an iPad or iPhone. MBBP client, Building Conversation, a Boston-based startup was featured in the Boston Business Journal this week for its app (called arc) that places an architectural design rendering into a “live view” of the environment.

“In effect, you get to see and walk around a full-scale hologram of the proposed architecture through the iPad,” said Building Conversation’s CEO Terrence Masson, who founded the company with George Thrush, the director of the School of Architecture at Northeastern University.

Masson, a former professor and head of animation at Northeastern’s College of Arts, Media and Design who started working on the technology as part of a Capstone project at Northeastern about three years ago, is quoted saying, “It’s going to be a disruptive business.”

See full BBJ article here. Learn more at buildingconversation.com.

Live long and prosper!

MBBP Has Busy Month with a Number of Noteworthy Deals 06/04/2015

Posted by Morse, Barnes-Brown Pendleton in Client News, Deal News, M&A.
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VirginMBBP Client Virgin Pulse received $92 Million in venture financing from Insight Venture Partners enabling Virgin Pulse to accelerate the growth of the market-leading products that replenish and recharge employees by providing tools that build better habits.

imagesIn addition Serruya Capital Partners, a Toronto based private equity firm, acquired MBBP Client Tivoli Audio, a global premium audio products company. This complex transaction required engagement with foreign legal counsel in Europe.

Capping off the month was the acquisition of MBBP Client Diversified Project Management, a construction management services firm to STV, a national construction management firm.M0785161

Shannon Zollo was the lead corporate attorney on MBBP’s team.

Morse, Barnes-Brown & Pendleton served as counsel to all three clients, and advised them in connection with the structuring, negotiation and documentation of these transactions.

To learn more, read the full press release.

MBBP Clients Among BBJ’s Honorees – “Best Places to Work of 2015” 05/04/2015

Posted by Morse, Barnes-Brown Pendleton in Client News, Computer Software & Hardware, Events, Industries, Internet and E-Commerce, Public Companies.
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2015-04-30_15-23-12On Thursday, April 30th, the Boston Business Journal announced the 80 honorees for its annual Best Places to Work of 2015 program. This year’s employers were divided among five different categories based on company size, and were selected based on survey responses provided by employees. The BBJ will recognize this year’s honorees on June 18th at the Citi Performing Arts Center.

Among the 80 nominees, are several MBBP clients:

Congratulations to all! View the full list of “Best Places to Work of 2015“.

MBBP Clients Named 2015 MITX Awards Finalists 04/09/2015

Posted by Morse, Barnes-Brown Pendleton in Clean Tech, Client News, Events, Internet and E-Commerce, Public Companies, Publishing & Media, Telecommunications & Networking.
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2015-04-09_13-16-10On Wednesday, April 8th, the Massachusetts Innovation & Technology Exchange announced the finalists for the 2015 MITX Awards. The MITX Awards is the largest and most prestigious annual awards competition in the country for digital marketing and technology innovation, bringing together 1,200 of the best and brightest minds in the digital media, marketing and technology industry. The awards ceremony will take place on Thursday, May 14th, 2015 at the Marriott Copley.

Among this year’s finalists, are several MBBP clients:

Forge Worldwide
Yottaa
Mullen Advertising, Inc.
LogMeIn
Nanigans
Interactions, Corp.

Congratulations to all! To see the full list of finalists, please visit MITX.

MBBP Clients Named SBANE New England Innovation Awards Finalists 04/07/2015

Posted by Morse, Barnes-Brown Pendleton in Clean Tech, Client News, Events, Industries, Manufacturing, Retail & Service, Nonprofit, Publishing & Media, Telecommunications & Networking.
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2015-04-07_11-01-36The Smaller Business Association of New England recently announced this year’s Innovation Awards Finalists. MBBP would like to congratulate clients OYO Sports and Comark on advancing to the final stage of this prestigious competition. Innovation is at the heart of economic prosperity and SBANE continues to recognize those companies and organizations that have transformed their innovative ideas into a product or service that delivers proven value to customers. Former winners come from varying fields such as technology, manufacturing, service (both for profit and not for profit), and retail / distribution. Winners and Finalists will be honored at the “Evening of Innovation” Gala Dinner on May 6, 2015 at the Westin Hotel in Waltham, MA.

To learn more about all of the Finalists of the 2015 Innovation Awards via SBANE.

Employers Should Maintain and Enforce Overtime Policies to Minimize Potential Liability 03/31/2015

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Massachusetts and Federal law requires that employers pay overtime to non-exempt employee’s that work more than 40 hours a week. Which means employers can be liable for overtime even if the hours were not authorized.

To minimize the liability employers should establish a policy that requires non-exempt employee to request overtime.

To learn more about this law read our Employment Law Blog.

Patients as Customers: Primary Care Practice Taking a Starbucks Approach 03/27/2015

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IroaMBBP client Iora Health has announced an innovative plan to keep you out of the hospital and still make money. There’s no shortage of personal stories stating the classic case of healthcare complications and costs standing in the way of getting (and staying) healthy. The misalignment of financial incentives is a huge problem for patients, who often can’t get the care they need. Iora thinks it may be able to solve both problems and make money doing so. Its business model is meant to keep patients out of the hospital by improving service while earning a dividend on the expensive care it was able to avoid.

What’s so innovative about this? The plan offers the possibility of mass replication of quality care in a franchise-like style. Few health care innovators now expand beyond their original location, but Iora’s ultimate goal is hundreds of practices across the country, a kind of Starbucks for health care.

Read more, including one patient’s story here.

Help Scout Raises $6M Led by Foundry Group 03/25/2015

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Help Scout.fwMBBP client Brightwurks (dba Help Scout), a Boston based start-up recently announced that they are ready to evolve.  Help Scout has been providing Web-based help desks to thousands of customers with only $800,000 in funding, which is a small sum for any tech startup.   After closing a $6 million Series A round recently, Help Scout plans to expand its business, including doubling the size of its team, which is already operating from four countries and 11 states.

Read here for more details on this exciting announcement.

Tax Alert: Massachusetts 2015 Limited Tax Amnesty Program 03/20/2015

Posted by Morse, Barnes-Brown Pendleton in Client News, Taxation.
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Tax Attorney Robert FinkelTaxpayers who have received a Tax Amnesty Notice from the Massachusetts Department of Revenue (DOR) may be eligible to participate in a 60-day Amnesty Program. Under the Amnesty Program, the DOR will waive certain penalties (and penalty interest) if an “eligible” taxpayer makes full payment of all tax and interest due for the taxes and tax periods listed on the Tax Amnesty Notice.

In addition to paying tax and interest in full, participants must agree to waive both the possibility of receiving any refund Tax Attorney Diana Espanolaand also the possibility of contesting liability for amounts paid pursuant to the Amnesty Program.

The Amnesty Program ends on May 15, 2015.

Read our full Tax Alert to learn more about the Amnesty Program. To learn how our Tax team can assist you, please contact Robert Finkel or Diana Española.

MBBP Client OtoSense Earns Top Award at GSMA Global Mobile Awards 03/12/2015

Posted by Morse, Barnes-Brown Pendleton in Clean Tech, Client News, Computer Software & Hardware, Intellectual Property, Manufacturing, Retail & Service, New Resources, Public Companies.
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2015-03-12_9-40-31MBBP client OtoSense, a Cambridge-based start-up, has recently been recognized for its sound recognition technology. The company has developed an app that enables hearing impaired end users to select various traditional sounds such as bells, alarms, timers, etc. that occur within an everyday environment and then identify such sounds as they occur and alert the end user via non-acoustic means such as flashes, vibrations or text messages. Selected out of more than 800 entries and judged by a panel of international experts, the start-up won the “Best Mobile App of the Year” Global Mobile Award, in the category of Accessibility & Inclusion, at the 20th annual GSMA Global Mobile Awards.

Well done, OtoSense!

You can view a full list of 2015 Global Mobile Award winners here.

Giant Otter Receives SBIR Phase II Grant 02/27/2015

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Giant Otter Technologies

MBBP Client Giant Otter Technologies announced on February 26, 2015 that it has been awarded a Small Business Innovation Research (SBIR) Phase II grant.  This highly selective two –year grant from the National Science Foundation in the amount of $750,000 will support Giant Otter’s mission to collect the world’s most comprehensive database of human behavior.

Giant Otter Technologies creates data-driven improvisational role-playing virtual simulations that can help change behaviors and improve relationships.

Read the latest news.

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