Nexthink Nabs 40M as Cybersecurity, Machine Learning Unite Xconomy

A Swiss data analytics and cybersecurity company is beefing up its Boston-area presence after grabbing 40 million in venture capital, led by Highland Europe. Nexthink established a U.S. presence three weeks ago with the opening of a sales office in Cambridge, MA. The company employs about 10 people there to start, but it plans to grow to 120 local employees over the next 18 months, a spokeswoman says. Nexthink helps IT departments analyze and monitor their businesses' applications, devices, and other network activity in real time. The goal is to sniff out cyber attacks and minimize software disruptions for end users.