Hydroid's sub station
Robotic mini-sub maker Hydroid Inc. will break ground later this week on a new research and manufacturing facility in Pocasset on Cape Cod.
The subsidiary of Norway-based Kongsberg Maritime makes autonomous underwater vehicles for the marine research, defense, hydrographic and offshore energy markets.
Cloud backup Intronis raises $12M
Boston-based Intronis Inc., which offers cloud backup services for information technology providers, said it received $12 million in funding led by new investor Greenspring Associates, with participation from OpenView Venture Partners and the company's executive management team.
Interim CEO Jay Bolgatz said Intronis will use the funding to hire workers, develop its technology and expand its market.
MONDAY
L Bond markets are closed for Veterans Day, but stock markets are open.
TUESDAY
L BG Medicine, Home Depot and TJX Cos. report quarterly financial results.
WEDNESDAY
L The U.S. Commerce Department releases retail sales data for October.
THURSDAY
L Massachusetts releases the unemployment report for October.
L Lt. Gov. Tim Murray speaks at a Greater Boston Chamber of Commerce forum.
L The Boston Redevelopment Authority board meets.
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