Paydiant Acquired by PayPal
Paydiant is excited to announce that we have entered into an agreement to be acquired by PayPal. This is obviously a very important announcement for Paydiant, PayPal, our customers and partners, our employees, and we believe, the industry at large.
When Paydiant was founded in 2010, we had a simple idea that retailers and banks would want to be able to build mobile payments, offers and loyalty into their own apps. We knew that hundreds of startups and some of the biggest companies in the world would launch mobile wallets, but we also knew that retailers and banks would want a choice - a choice that would let them control the user experience, protect their customer’s data and preserve their own brand. We couldn’t be more grateful to the customers and partners that have shared this vision with us. READ MORE
ERT to Acquire PHT Corporation
ERT, a leading global solution provider for high-quality patient safety and efficacy endpoint data collection, and PHT Corporation (PHT), the eClinical innovator leading the adoption of patient-driven mobile apps for improved clinical research, announced today that they have signed a definitive agreement under which ERT will acquire PHT. Financial terms of the transaction were not disclosed.
The transaction combines the flexible eCOA platform and world-class customer service of PHT with the leading clinical trial technology and service offerings of ERT, creating the most innovative and comprehensive solution for patient end point collection and data analytics for global clinical trials. READ MORE
Demiurge Studios Joins SEGA Networks
Dear Friends, Peers and Players,
Today, we are thrilled to announce that Demiurge Studios is joining the team at SEGA Networks. We’re still going to be “Demiurge Studios” and we will continue to grow Marvel Puzzle Quest as well as build new original games. READ MORE from the Team at Demiurge Studios
Samsung to acquire LoopPay
Today is a great day for LoopPay and all those who have supported us over the last few years. I’m excited to let you know that LoopPay has signed an agreement to be acquired and become a wholly owned subsidiary of Samsung Electronics America, Inc.
With our earliest supporters at our side, we have been at the forefront of contactless payments to create a platform that brings together issuers, merchants and consumers that facilitate a seamless and rewarding digital wallet experience. We will continue to innovate and operate as an independent team from Boston, Massachusetts.
Thanks to our customers, staff, management team, families, partners and investors who have made LoopPay the world’s most accepted mobile payment solution which leverages existing magnetic stripe readers to receive payments from consumers’ mobile devices.
Our vision of inspiring consumers to transition from a physical wallet to a truly digital wallet will continue. I’m most excited that Samsung shares this vision and has chosen to help change how we shop and pay for goods and services. We look forward to working with Samsung to offer the world’s most secure and compelling mobile platform.
The road ahead is an exciting one, and we look forward to continuing this journey together.
Read More about LoopPay from previous coverage on VentureFizz here.
Fluent Acquires Streak Media
College Marketing Agency to Expand Reach of Popular Student News Service to Campuses Around the Country
Fluent, a Boston-based college millennial marketing and insights agency, today announced it has acquired Streak Media, the daily online newsletter of campus-based, local and global news curated and delivered to college students and alumni of selected schools nationwide. By joining forces with and tapping into Fluent's established network of over 1,000 U.S. colleges and universities, Streak Media has the potential to evolve into a major mainstream college news source that appeals to college millennial's interest in instant, and easily-digestible information that's accessible from any digital device. Terms of the deal were not disclosed.
"Just when digital media and social networks were starting to converge, Mike and his group of Boston College classmates found an ingenious way to capitalize on the value of immediate, hyperlocal information for campus audiences," said Fluent CEO Chip Rives. "Bringing this talented group of media entrepreneurs onboard is a natural fit for Fluent; it works perfectly within our mission of helping brands create useful, meaningful and lasting connections with college millennials, and that starts with understanding what the college millennial knows and cares about." READ MORE
Buildium Acquires All Property Management
Buildium Acquires All Property Management, the Leading Online Marketing Service for Property Managers.
A letter from Michael Monteiro, co-Founder and CEO of Buildium:
Today I’m excited to announce that we acquired All Property Management™, an online marketing service that connects property management companies with property owners who are looking for property management services in their area. You can read our formal press release announcing the acquisition, but I wanted to tell you why we’re so excited about it, and what it means for you as a Buildium customer. READ MORE
Learn more about Buildium on their BIZZpage.
Liaison International acquires Spectrum Edu Solutions
Liaison International, the leader in admissions management solutions, today announced that it has acquired Spectrum Edu Solutions, a leading provider of CRM and marketing solutions for higher education institutions. With the addition of Spectrum, Liaison’s offerings now span the entire lifecycle of enrollment management and student marketing and provides the most comprehensive solution on the market... READ MORE
GrubHub Acquires DiningIn
GrubHub GRUB 3.08% is a $3 billion company known for helping to connect hungry users with restaurants that will deliver them food. Now GrubHub wants to deliver the meals itself, in a major preemptive move against on-demand delivery aspirants like Google GOOG 1.73% and Amazon AMZN 0.19% .
The Chicago-based company already had been testing its own service in three markets — San Francisco, Los Angeles and Chicago — but this morning announced that it has acquired DiningIn (based in Brighton, Mass.) and signed an agreement to acquire Restaurants on the Run (Aliso Viejo, Calif.). The two deals are worth approximately $80 million, and mean that GrubHub will be executing deliveries for nearly 3,000 restaurants in around one dozen U.S. metro markets. READ MORE on Fortune
ThinkingPhones Acquires Contactive
ThinkingPhones, a three-time Gartner Magic Quadrant for UCaaS “Leader,” has announced its acquisition of Contactive, a big data solution that connects profiles and identities created by people and businesses online and associates them with a telephone number to create an identity graph. The acquisition demonstrates another move by ThinkingPhones to support its phenomenal market growth, which has continually exceeded the pace of the UCaaS market. Contactive’s enterprise offering is Klink, a multi-platform product that optimizes business communications.
Headquartered in New York City, Klink leverages big data to provide in-depth customer profiles in real-time before and during calls. Their algorithm indexes and consolidates billions of data points to instantly bring users the information they need when it matters most. Klink automates the process of Googling phone numbers and names, scanning public directories, and sifting through multiple social network updates, allowing users to see essential details such as a photo, name, email address, latest tweet, current city, and job associated with every phone number. Klink integrates with in-house systems of record (CRM, Company Database, Customer Support, etc.) to increase workflow productivity, data usability, and corporate revenues. Contactive and Klink have over 1.5 million users, and enhance more than 600 million telephone numbers. READ MORE
TripAdvisor Acquires ZeTrip, Inc.
TripAdvisor(R), the world's largest travel site*, today announced it recently acquired ZeTrip, Inc., including its product Rove, the personal journal app that helps users log activities including places they have visited and photos they have taken. ZeTrip employees have moved into the TripAdvisor Palo Alto office and have integrated with the TripAdvisor mobile team.
"We are pleased to welcome the innovative ZeTrip team to the TripAdvisor family," said Adam Medros, senior vice president, Global Product, TripAdvisor. "The team will be a valuable addition to our mobile group and we look forward to integrating the company's technology to further enhance the experience for TripAdvisor mobile app users." READ MORE
Teespring acquires Fabrily
Our mission at Teespring is to remove the barriers between great ideas and bringing those ideas to market. That means enabling entrepreneurs to reach the right audience for their idea, wherever that audience might be.
Today I’m thrilled to announce that Fabrily, Europe’s leading custom apparel platform, will be joining the Teespring family...READ MORE
ShoeBuy Acquires Minority Stake in Boston Boot Company
ShoeBuy Acquires Minority Stake in Boston Boot Company
ShoeBuy expands into footwear manufacturing business with Micro Shoery
ShoeBuy, a leading global online retailer of shoes and clothing for shoppers seeking the best variety and brands, today announced it has acquired a minority stake in Boston Boot Company. The acquisition marks ShoeBuy’s expansion into the footwear manufacturing business, and provides an opportunity for the company to directly deliver superior products to its customers.
“We are excited to acquire a stake in Boston Boot Company to uniquely expand ShoeBuy’s foothold in all things shoe-related. Boston Boot Company, with its commitment to and passion for quality, brings a new business, new expertise and new opportunities to ShoeBuy,” said Mike Sorabella, ShoeBuy CEO. “With both companies rooted in Boston and strongly committed to delivering a great customer experience – the fit was natural.”
Boston Boot Company’s mission is to craft high-quality boots for men, using the best ingredients in small batches, for customers who appreciate a well-made product. With Shoebuy’s proven track record of innovation in operations, fulfillment and marketing, it is well-positioned to expand the distribution of the Boston Boot products very quickly.
“At its core, Boston Boot Company, is a micro or ‘craft shoery.’ We use the finest materials, take incredible pride in our product from the eyelets to the insoles, and strive to produce superior boots for our customers,” said Joe Lyons, Boston Boot Company Co-Founder. “We are thrilled with the opportunity to benefit from ShoeBuy’s eCommerce expertise and broad reach to ensure maximum exposure for our brand. This partnership allows us to focus on making great boots – one pair at a time.”
Boston Boot Company, founded by Joe Lyons and Joe Prew, began like many start-ups with a few passionate people driven by a common goal; the team’s sole commitment is to create boots that are stylish, comfortable and durable. Initially financed through a creative fundraising campaign via Kickstarter in 2013, the first boots were shipped in Spring 2014. The company now offers several collections, each designed with classic, rugged and independent spirit. Now, the complete Boston Boot Company product line is available at ShoeBuy.com, bringing the brand to millions of shoppers.
Financial details of the deal were not disclosed.
With more than one million products for customers to choose from, ShoeBuy is a leading global retailer for shoes, clothing and accessories for shoppers seeking the best variety and brands. The ShoeBuy customer experience extends beyond shoes through the company’s broad portfolio of products, as well as the exclusive Events.ShoeBuy.com featuring invitation-only private sales. ShoeBuy.com was founded in 1999 and is an operating business of IAC (Nasdaq: IACI). Learn more at shoebuy.com, connect with us on Twitter @ShoeBuy, follow us on Pinterest or visit our Facebook page.
About Boston Boot Company
Founded in 2013 and headquartered in Massachusetts, Boston Boot Company brings men new choices in boot options. Combining craftsmanship, comfort and innovation, Boston Boot Company’s line of Horween leather boots is classic in design, while providing a level of durability and comfort not often found in casual boots. The company was founded by Joe Prew and Joe Lyons. Learn more at bostonbootco.com.
ROAM Acquired by Ingenico Group
Ingenico Group (Euronext: FR0000125346-ING), the global leader in seamless payment, announced today that it now owns 100% of ROAM. ROAM and its mcommerce platform – consisting of secure mobile card readers, mobile Point-of-Sale (mPOS) applications, an innovative mobile payments engine and professional services – are now part of Ingenico Mobile Solutions, Ingenico Group’s mobile-focused brand, which will continue to be headquartered in Boston.
"ROAM is a key part of the Ingenico Group worldwide portfolio as mobile commerce growth surges,” said Jacques Guérin, EVP Smart terminals and Mobile solutions, Ingenico Group. “With 100% of ROAM, we will accelerate the deployment of a global and integrated mobile offer, enabling merchants to increasingly engage with their customers. This is a great opportunity to take Ingenico Mobile Solutions through its next phase of growth.” READ MORE
Breakaway Acquires Crunch Brands
We are excited to announce that Breakaway has acquired the agency Crunch Brands, an exceptional multi-disciplinary team led by our new Chief Marketing Officer, Ted Schlueter.
Our mission has always been to help drive value for our portfolio companies and clients. Sometimes that’s investing capital or placing talent. Often it’s developing a new brand strategy, building exceptional creative assets, and activating it across a community. There is always a place these businesses want to go. It might be dominating their category, exponential growth or building towards an IPO. Whatever it is, we have engineered an incredible machine to get them there faster. READ MORE
*Learn more about Breakaway's story in our interview with Baldwin, CEO & Schlueter, CMO after the acquisition - HERE
athenahealth Acquires RazorInsights
We’re making good on our new brand promise – to connect care – right out of the gates in 2015 with today’s announcement that we’ve acquired RazorInsights, LLC, a leader in cloud-based electronic health record (EHR) and financial solutions for rural, critical access and community hospitals.
What we want – and what providers need – is to be able to follow the bouncing ball from the doctor’s office to wherever care goes and capture and coordinate that care. With the acquisition of RazorInsights, we are following that ball into the inpatient hospital space – one we have not entered to date. READ MORE
Demandware to Acquire Tomax
Demandware® Inc. (NYSE:DWRE) the industry-leading provider of enterprise cloud commerce solutions, today announced that it has agreed to acquire Tomax, an enterprise cloud software company that provides an integrated solution for retail point-of-sale (POS) and store operations. The combination of Tomax’s enterprise-class POS with Demandware’s robust, scalable cloud platform creates a breakthrough unified commerce platform that empowers retailers to deliver seamless experiences across all consumer touch points, including POS. The acquisition of Tomax is expected to close in January.
Connected consumers, empowered by the pace of technological innovation, are driving the digital transformation of retail. While 90 percent of all retail transactions take place in the store, digital is expected to influence approximately half of all in-store sales by 2015(1). To navigate this transformation, retailers are incorporating digital functionality into the store experience, such as personalized merchandising, detailed product information, ratings and reviews, product recommendations and the mobilization of store associates. In addition, retailers increasingly want to move to a single consumer-facing platform to extract value from disparate back office systems and leverage data, business rules, functionality and processes across the enterprise. READ MORE
TripAdvisor Acquires Iens
TripAdvisor has agreed to acquire top Dutch online restaurant review and booking sites Iens, the companies said on Thursday, giving the travel website a leading position in the Netherlands.
Iens.nl, which has reviews of 20,000 restaurants and roughly 20 million annual visitors, allows users to book tables through SeatMe, which will also be acquired by Tripadvisor. READ MORE
Learn more about TripAdvisor on their VentureFizz BIZZpage!
Everbridge Acquires Strategic Assets of Nixle
Everbridge, the worldwide leader in unified critical communications, has acquired the assets and team of San Francisco-based Nixle, a leading software platform for local, public safety and service communications. The combination of Everbridge’s market dominance in emergency notification, with Nixle’s innovative approach to community engagement, will redefine the way that organizations communicate and collaborate with local residents, schools and businesses.
Nixle delivers real-time, relevant information from public safety agencies to local communities, encouraging interaction and engagement. The company has grown to support over 7,000 public safety and government agencies at the local, county and state level, and millions of opt-in users. The combined Everbridge/Nixle team will expand the use of community notifications and shared intelligence to reach residents, educators, public safety professionals, local businesses and community leaders. READ MORE
Learn more about Everbridge on their VentureFizz BIZZpage!
Dun & Bradstreet Acquires NetProspex
Dun & Bradstreet (NYSE: DNB), the world's leading source of commercial information and insight on businesses, today announced that it has acquired NetProspex, the Massachusetts-based company that is a leader in B2B professional contact data and data management. The acquisition combines NetProspex's comprehensive professional contact database with Dun & Bradstreet's proprietary global business data and analytics.
"Dun & Bradstreet already provides our customers and partners the most comprehensive view of companies around the world, and now our customers can reach the largest, most accurate set of decision makers and decision influencers," said Bob Carrigan, president and chief executive officer and director of Dun & Bradstreet. "This acquisition fills a growing need for marketers by providing an actionable view of companies and the people who run them, putting quality relationship insight at the center of their marketing data strategy." READ MORE
EnerNOC Completes Acquisition of World Energy Solutions
EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy intelligence software (EIS), today announced that it has closed the previously announced acquisition of World Energy Solutions, Inc. (Nasdaq:XWES), an energy management software and services firm that helps enterprises simplify the energy procurement process through a suite of Software-as-a-Service (SaaS) tools. To date, World Energy has transacted more than $45 billion in electricity, natural gas, and environmental commodities for its customers, making it one of the top energy procurement specialists in the U.S. by revenue and volume.
"We're excited to finalize the acquisition of World Energy Solutions, shift our focus to the integration of our product platforms and teams, and deliver additional value to our enterprise customers," said Tim Healy, Chairman and CEO of EnerNOC. READ MORE
Appcues Closes $1.2M
The User Onboarding Platform Takes Strategic Investment to Accelerate Product Expansion
Appcues, the SaaS platform for user onboarding, announced today that it has raised a $1.2M round of Seed funding from Atlas Venture and individual investors to allow software companies and apps to better retain new users. The investment will be used to expand the company’s core product and move into mobile and native desktop applications. Joining Altas in the round of funding are angel investors and entrepreneurs Ty Danco, Dharmesh Shah, Brian Halligan, David Cancel, Elias Torres and Ric Calvillo, among others.
“For many online businesses, less than five percent of new users will go on to become actively engaged. A big reason for this is that users don’t find value from the product quickly enough,” said Appcues CEO and Co-Founder, Jonathan Kim. “For those companies with free trials or apps with in-app purchases, user onboarding can be one of the biggest levers of growth.” READ MORE
Autodesk Acquires Terrible Labs
As reported by Dennis Keohane and BetaBoston, Autodesk has acquired local mobile and Web app development shop Terrible Labs.
Carbonite Acquires MailStore
Today, Carbonite announced an agreement to acquire MailStore, a leader in email archiving solutions based in Germany. I wanted to take a moment to fill you in on why we’re so excited.
Carbonite has spent the last couple of years building up our suite of powerful yet simple cloud and hybrid continuity solutions for small and midsize businesses – focusing on server and workstation backup and recovery. As we moved deeper into the SMB market, we saw that many channel partners and SMBs want email archiving as part of their overall business continuity strategy. READ MORE
Datto Acquires Backupify
Backup is undergoing a revolution. What was once a simple technology, copying data from one central data source to another for backup and restore purposes, has become increasingly complex in a world where the location of your data is ever more fragmented. The world needs a new approach, and today, we are proud to announce that two market leaders, Datto and Backupify, have joined forces to accelerate the future of backup. Our joint vision is to protect the data layer of your business. No matter what data you have, or where it is located, we will make it findable, recoverable, and restorable.
Six years ago we set out to build the world’s first cloud to cloud backup. In the intervening years, we have maintained our market leadership. We have the most scalable and secure solution on the market, the largest customer base, and the most data under management. We have been the most innovative company in the space, being first to market with multi-app, first with migration functionality, and first with many of the security and administration features that enabled cloud to cloud backup to penetrate the enterprise market. Our customer rating in the Google Apps marketplace for our popular Google Apps backup product is 5 out of 5 stars. We have very high standards and so, while we have had many preliminary M&A discussions over the years, none of them ever felt right. READ MORE
Visit the Backupify BIZZpage to learn more about the Cambridge-based company.
Pencil Labs Acquired by Airbnb
As reported by Scott Kirsner of BetaBoston, Pencil Labs in Cambridge has been acquired by Airbnb. Pencil Labs which created Wyth, a scheduling app and the company was founded by Carla Pellicano and Han Shu. As reported by Scott, both co-founders have relocated to San Francisco... READ MORE
Accruent Acquires VFA, Inc.
Accruent, the leader in real estate and facilities management solutions, announced today that it has acquired Boston-based VFA, Inc. (VFA), the leading provider of end-to-end solutions for facilities capital planning and asset management.
According to the International Facility Management Association (IFMA), organizations worldwide invest more than $100 billion annually on renovating and maintaining their facilities and related assets. VFA’s cloud software solutions and consulting services enable customers to assess their real estate portfolios, allocate capital, and make better decisions to support their organizations’ mission and strategy. READ MORE
Smarterer Acquired by Pluralsight for $75 Million
Utah-based Pluralsight today announced that it has acquired Boston-based Smarterer, an innovative skills assessment company, for $75 million.
Dave Balter (CEO) and Mike Kowalchik (CTO) founded Smarterer in 2010 with the mission to allow anyone, anywhere to prove their professional skills through credible verified scores.
Smarterer helps people manage the gap between the skills they have and the skills they need. By leveraging a library of the freshest crowdsourced tests, the company’s dynamic assessment engine can quantify anyone’s skill in as few as 10 questions and 120 seconds. READ MORE
Made with Mischief Acquired by The Foundry
The Foundry, provider of award-winning creative software used globally by leading artists and designers, expanded its market reach while simultaneously bolstering the strength of its technology by acquiring Made With Mischief. Its flagship product, Mischief, a pen-based sketching application for Mac and Windows, blends sophisticated underlying technology with an elegant, clean interface. This makes it easy for creative people to explore, create and share art in a digital format on a truly infinite canvas while preserving the emotional experience of the physical. Under the terms of the private deal, Made With Mischief, founded by Sarah Frisken, will become a wholly owned subsidiary of The Foundry. The company will be headquartered in Boston, with team members located in Boston, London and Shanghai.. READ MORE
Lionbridge To Acquire CLS Communication
Lionbridge Technologies, Inc. (Nasdaq: LIOX) today announced a definitive agreement to acquire CLS Communication, a privately-held provider of translation solutions to clients in the financial services, industrial, public sector and life sciences markets. The combination of Lionbridge and CLS will address growing demand for integrated, technology-enabled translation solutions that allow organizations to create, translate and manage digital content worldwide.
Lionbridge expects to purchase CLS Communication for approximately 74 million Swiss Francs, or approximately $77 million US Dollars in cash, subject to estimated cash and debt adjustments at closing and certain post-closing adjustments. The acquisition is being funded using Lionbridge's existing cash and a new credit facility through its long-standing banking partner, HSBC, who is acting as the leading syndicator. READ MORE
Phoenix Strategy Investments Acquires PI Worldwide
PI Worldwide, a leader in workforce analytics and science-driven insights that help optimize the performance and potential of individuals, teams, and organizations, today announced that it has been acquired by Phoenix Strategy Investments. Terms of the transaction were not disclosed.
Phoenix Strategy was familiar with PI Worldwide long before the acquisition – the company's founders have used the company's Predictive Index® (PI®) system to drive employee productivity and development for nearly a decade. According to Phoenix Strategy Investments Founding Partner Mike Zani, the firm will accelerate investments in PI Worldwide's scientific research and solution suites, which have gained widespread global adoption and driven exceptional company growth in recent years. More than 2.5 million Predictive Index® assessments have been completed to date in 2014. READ MORE