In an article on TechConfidential, and re-posted on several other spots (and now here), founder Ben Campbell reports "raising capital from a loose affiliation of more than 100 angel investors through Naples, Fla., venture capital firm Signature Capital LLC" in the amount of $13M!
Chelmsford’s Ourstage.com, which came out of beta last September, recently announced [...]

Chelmsford’s OurStage.com, the site that bills itself as the only 100% democratic competition for emerging music and film, announced today that has come out of beta (do web 2.0 companies ever come out of beta?) and launched a whole new section that will pair it’s top acts with professional artists.
The Ourstage premise is simple. [...]

If you are one the people who believe that the Boston area is not exactly the hot bed of Web 2.0 activity, there is one area that the hub has developed well – online video. Last year, everything was about YouTube and other consumer generated plays. At the same time, some New England [...]

Not exactly web but still good news for the area, Comcast announced it will add more than 400 new employees to its local workforce over the next 90 days to keep pace with robust customer demand for its cable television, high- speed Internet and voice products.
The jobs will be primarily be in installation and customer [...]

SavaJe Technologies (Chelsmford, MA) who develops a Java technology-based mobile operating platform willl expand to a new office in Palo Alto. The company is also adding a user experience design team to their local office as well. To fill out this team they will add two hand-held product designers including Macksoud “Soudy” Khan [...]