SimpliVity

Just 1% of venture capital in Massachusetts in the past five years has come to Worcester County. But colleges, incubators and others are working to make up the difference.

California computer giant Hewlett Packard Enterprises plans to acquire Westborough data storage provider SimpliVity for $650 million, which is a significant decrease over its assessed value two years ago.

The Red Bull Formula 1 team has chosen SimpliVity to help get its technology infrastructure on track.

A brewery, three makers and an entertainment provider from Central Massachusetts have been selected as the area's finalists for the 2015 Team Massachusetts Economic Impact Awards put on by MassEcon.

Westborough's SimpliVity has signed a distribution agreement with Avnet, which will distribute the technology firm's products in the United States as well as in Latin America.

Westborough technology firm SimpliVity said Thursday that its customer base for the first quarter rose by 177 percent year-over-year on the back of deals with Fortune 50 and Global 2000 companies.

Employees from Westborough technology firm Simplivity served as consultants for the producers and writers of the HBO show "Silicon Valley," with the company's flagship OmniCube being used as the basis for technology appearing in Sunday night's episode.

Westborough's SimpliVity has launched a new version of its OmniStack solution that allows for centralized management of remote sites in an effort to improve backup, data protection and compliance.

Westborough-based SimpliVity has been accepted into the Microsoft Enterprise Cloud Alliance program and opened a new Seattle Development Center to serve as an innovation and research hub on the West Coast.

Westborough-based SimpliVity has announced continued growth in its third quarter, growing sales by more than 50 percent over the previous quarter.