MetroWest

Raven360, a Marlborough software company that develops training programs for clients’ customers and potential customers, said it has closed an $8-million Series B funding round.

Framingham State University announced on Thursday that it will receive $1.7 million over three years to fund a residency program in the city’s public schools from the Boston-based Massachusetts Service Alliance, a nonprofit state affiliate of the federal agency, AmeriCorps.

The Worcester Metropolitan Statistical Area unemployment rate rose to 3.7% in June, up from 3.5% in May, according to Bureau of Labor Statistics data released by the Massachusetts Executive Office of Labor and Workforce Development on July 26.

Marlborough medical-device giant Boston Scientific Corp. will exercise its option to purchase remaining shares of California manufacturer Farapulse Inc. in a deal that, when settled, could total $575 million, the company announced in June.

Ellen McGovern, senior vice president and chief marketing officer of Clinton Savings Bank, has been named board chair of Framingham’s United Way of Tri-County as of Aug. 1.

The TJX Companies Inc. has agreed to pay a civil penalty for selling recalled products several years ago.

A Westborough manufacturing company plans to invest up to $1 billion for a new, 500,000-square-foot production facility it plans to open in Kentucky.

Communities in Worcester County and neighboring MetroWest communities received $3.4 million in grants from the Massachusetts Shared Streets and Spaces Grant Program for improvements benefitting pedestrians, cyclists, and riders of public transportation.

Chase bank will open its first Worcester bank branch in September. It is part of a plan to double the bank's presence in Massachusetts by 2025.

Marlborough-based Boston Scientific Corp. will pay California medical device manufacturer Nevro Corp. $85 million to settle all intellectual property litigation between the two companies.