FundedIQ

Funded Information Technology Startups in Cambridge

In Cambridge-area information technology funding, one disclosed round stands out: eSentire’s Secondary Market in Cambridge, Ontario (2022-02-17) lists $225…

In Cambridge-area information technology funding, one disclosed round stands out: eSentire’s Secondary Market in Cambridge, Ontario (2022-02-17) lists $225M, dwarfing the next-largest disclosed amount in the table ($55M for Gearset on 2022-06-22). Most other rounds cluster far lower, including multiple $12M rounds (Cambridge Terahertz on 2025-07-21 and SiTration on 2024-06-05) and a $43M Series C (Smartcat on 2024-09-10).

The geography is split across two “Cambridge” locations (Cambridge, Massachusetts and Cambridge, Cambridgeshire, UK, plus a single Cambridge, Ontario entry), while stages show a mix with “Series Unknown” appearing in three rows (Blueshift Memory 2025-02-17 at $2M; Atlantic Quantum 2024-02-20 at $1M; Atlantic Quantum 2022-07-21 at $9M). Temporally, the 11 rows span 2020-12-09 (Einblick) through 2025-07-21 (Cambridge Terahertz), with a noticeable concentration in 2024 (three entries in the first half and one in September).

Most recent rounds

11 shown

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Frequently asked

What’s the largest disclosed round in this Cambridge IT list, and how separated is it from the rest?

The largest disclosed amount is eSentire’s Secondary Market in Cambridge, Ontario on 2022-02-17 at $225M; the next-largest disclosed is Gearset at $55M on 2022-06-22, making the $225M figure an outlier above the rest of the table’s disclosed amounts.

Do the rounds cluster in a specific city, especially given the repeated “Cambridge” label?

Yes, but across multiple Cambridge geographies. Cambridge, Massachusetts appears repeatedly (e.g., Cambridge Terahertz $12M on 2025-07-21; Smartcat $43M on 2024-09-10; Entro $18M on 2024-06-18), Cambridge, Cambridgeshire appears multiple times (SiГnaloid $4M on 2023-05-25; Gearset $55M on 2022-06-22), and Cambridge, Ontario shows up only once (eSentire $225M on 2022-02-17).

Which entries fall within the most recent 90 days relative to the latest round date shown?

The latest date in the table is 2025-07-21 (Cambridge Terahertz, Seed, $12M). Within the following ~90 days, only Blueshift Memory on 2025-02-17 is shown, so the list provides no additional entries between 2025-04-21 and 2025-07-21.

How dominant is “Series Unknown” in this list’s stage mix?

“Series Unknown” appears in 3 of the 11 rows: Blueshift Memory (2025-02-17, $2M), Atlantic Quantum (2024-02-20, $1M), and Atlantic Quantum again (2022-07-21, $9M). Other named stages like Seed (e.g., Cambridge Terahertz 2025-07-21 at $12M and SiTration 2024-06-05 at $12M) are present, but the unknown-category is a recurring pattern.

Are there other notable outliers besides eSentire’s $225M round?

Yes, but in the opposite direction. Several rounds are clustered near the low end: Atlantic Quantum lists $1M on 2024-02-20 and Einblick lists $6M on 2020-12-09, while only a few are in the tens of millions (Entro $18M on 2024-06-18; Smartcat $43M on 2024-09-10; Gearset $55M on 2022-06-22), making $1M–$9M rounds unusually small relative to the mid-tier.

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