PillPack raises $4M in funding
As reported by The Wall Street Journal, PillPack with offices in Somerviile, MA and Manchester, NH has raised $4M in funding. PillPack is an online pharmacy that is leveraging service and technology to simplify the management of complex medication regimes for the 32 million people taking more than 5 medications a month. PillPack's Series A round of funding was $3.5M with Atlas Venture and Founder Collective as investors. The company originally raised $550K upon graduating from TechStars. READ MORE
Flashnotes raises $3.6M in funding
As per SEC filings, Flashnotes in Boston has raised $3.6M in funding. Flashnotes hosts an online marketplace where students buy and sell college study materials READ MORE
Rocketmiles raises $6.5M in funding
Rocketmiles today announced that is has raised another $6.5 million to fuel expansion in the U.S. and international markets. The Series-A round was led by August Capital, with participation from existing investors Peterson Ventures, Link Ventures and Atlas Venture. New investors include Chicago Ventures and Sam Yagan, CEO at Match.com.
Launched less than a year ago, Rocketmiles is a travel-booking site that helps consumers get on vacation faster through a new class of miles ... READ MORE
Flytenow raises funding
The Boston Dorm Room fund is proud to announce its second investment, Flytenow. Led by Northeastern student and CEO Matt Voska, Flytenow is built from a passion that has resonate with Voska since childhood: the ability and accessibility to share and spread the experience of taking flight on a private plane. READ MORE
Practically Green raises $3M in funding
Practically Green, the leading provider of digital sustainability engagement programs, today announced that the company has closed a $3 Million Series A round of venture funding. The funding was led by CommonAngels, the Boston-based angel group focused on funding IT startups, and the clean-tech family office Pan Asia Solar, and supported by Clean Energy Venture Group and Launchpad Venture Group. The company will use the funds for product development, continued development of sustainability and CSR engagement programs, and further sales and marketing goals. As part of the announcement, Practically Green has also hired industry veterans, Mark Bissell to Head of Customer Success and Jim Tramel to Head of Sales. READ MORE
Change Collective raises $1.4M in funding
Change Collective has raised $1.4M in funding. Investors in the round include Founder Collective, NextView Ventures and Eniac Ventures. Change Collective is a a life betterment site/mobile app with a mission to give people "the tools to succeed with change." READ MORE
Drizly raises $2.25M in funding
Today, millions of people in New York City and Boston can have beer, wine and liquor delivered to their doorstep, thanks to Drizly, the new iPhone app from Drizly, Inc. The app will reach many more consumers and U.S. cities in the next six months as the company announces today a round of $2.25 million in seed funding to fuel its growth.
Conceived by three classmates from Boston College in 2011, Drizly is unlike any existing or rival system for delivering beer, wine and liquor. Drizly gives consumers the ultimate convenience of swiping their way to a fast and responsible on-demand delivery experience from their iPhone. Furthermore, the company’s turnkey solutions provide retail stores a simple, secure way to offer convenient, and responsible on-demand liquor delivery. READ MORE
Care.com goes public
Today was a big day for Care.com as it officially went public this morning, with its shares, initially priced at $17, jumping a third in early trading to $22.55 (update: they closed the day at $24.30 - a 42.94% increase) . The company, who originally was expected to price its shares at $14 to $16, is having a good day so far even though the market in general is trending downward today. READ MORE
Teespring raises $20M in funding
Providence, R.I.-based Teespring, a Y Combinator-backed startup that allows anyone to outsource the production and distribution costs involved with selling their own custom T-shirts, has raised $20 million in new funding in a round entirely led by Andreessen Horowitz. The funding, which closed around a month ago, will also see the firm’s Lars Dalgaard joining Teespring’s board. READ MORE
Shuttersong raises an additional $500K bringing seed round to $2.2M
Shuttersong, the app that allows users to embed music and sound into a playable JPEG image, announced an additional $500,000 investment in its Seed Round. Gil Anderson, a former partner at Accenture, added the investment to the round which brings Shuttersong's total seed funding to $2.2M. Anderson will also join Shuttersong’s Board of Directors. READ MORE
BabbaCo acquired by Barefoot Books
Barefoot Books, the award-winning, independent children’s publisher, has acquired BabbaCo, the e-commerce subscription company dedicated to helping parents create fun, memorable experiences for their children.
Jessica Kim, CEO and Founder of BabbaCo, joins Barefoot Books as President, Barefoot Living, at a time when the company is poised for high growth as a global lifestyle brand. Over the years, Barefoot has gained the reputation as a pioneer in the publishing industry, with its visionary brand and high quality product offer. The company is now focused on growing its community of home-based Ambassadors who run their own businesses and live Barefoot. All are connected by an appreciation of the importance of creativity, imagination and diversity, and by a commitment to raising happy, healthy, caring children. READ MORE
peerTransfer raises $6.2M in funding
peerTransfer in Boston, MA has raised $6.2M in funding. peerTransfer is a creator of innovative global payment solutions. Investor include Devonshire Investors, Spark Capital, QED Investors, & Maveron. Focused on the education industry, the company enables international students at hundreds of schools globally to save time and money when making or receiving international payments. READ MORE
DealerRater raises $25M in funding
DealerRater, the world’s premier car dealer review website, announced today that it has received an equity investment from Great Hill Partners, a Boston-based private equity firm focused on growth companies. Great Hill Partners invested out of its $1.1 billion fourth fund. DealerRater will use the financing to continue its global expansion, accelerate product innovation and invest in additional sales and marketing resources. The company will continue to evaluate strategic acquisition opportunities, with additional equity capital available from Great Hill Partners. READ MORE
DraftKings raises $24M in funding
DraftKings, Inc., a leading provider of daily fantasy sports online and in mobile with offerings in fantasy baseball, fantasy football, fantasy basketball, and fantasy hockey, has closed a $24M Series B round of funding led by Redpoint Ventures, with participation by GGV Capital, Atlas Venture, and BDS Ventures. DraftKings plans to use the money to fund marketing and acquisition, develop strategic partnerships, and to hire key talent. Featuring daily fantasy sports contests and same-day settlement, DraftKings makes playing fantasy sports simpler and faster for both seasoned and casual players. READ MORE
StudentUniverse Acquires WeHostels
StudentUniverse announced today that it has signed a definitive agreement to acquire WeHostels – a mobile travel agency that allows users to book budget accommodation through its best-in-class mobile applications. The announcement comes less than two months after StudentUniverse’s first international expansion into the UK. READ MORE
CoachUp raises $6.7M in funding
CoachUp, the nation’s leading private coaching company, has raised $6.7 million in its Series A round, co-led by venture capital firms Point Judith Capital and General Catalyst Partners.
“We are pleased to continue to support CoachUp — we love the marketplace they are building. There’s a significant opportunity for CoachUp to connect consumers with fitness professionals,” said David Fialkow, managing director of General Catalyst Partners, both a Seed and Series A investor. READ MORE
Ovuline raises $1.1M in funding
As reported by MobiHealthNews, Ovuline has raised $1.1M in funding from Lightbank Ventures, LionBird LTD, and Bullet Time Venture. Ovuline offers women a way to track fertility and pregnancy through mobile apps available on iOS and Android devices. READ MORE
Shuttersong raises $875K in funding
Shuttersong, whose app embeds music and sound into JPEG images, announced today that it has closed $875,000 in a second round of seed funding. The round is led by an established angel group consisting of individuals associated with the law firm of Bingham McCutchen LLP, and New England entrepreneurs Vincent D'Agostino, and Jere Doyle. The second round comes just over a month after the launch of the Shuttersong app and eight months following its initial $800,000 from many of the same angel investors in February, 2013. READ MORE
Mustbin raises $4.5M in funding
Mustbin today launched its mobile app of the same name for capturing and organizing life's most vital information and treasured moments. Available now for free in the Apple App Store, the Mustbin app is designed natively for iOS 7 and guides users through capturing and organizing both physical and digital information in secure "bins" that can be shared privately with family, friends or advisors. Bins are stored in the cloud and secured with the highest level of encryption. READ MORE
RallyPoint raises $5M in funding
In anticipation of Veteran's Day, as corporate recruiters and human resource professionals step up their efforts to recruit, hire, and retain military talent, RallyPoint announced it has raised $5 million in venture capital to accelerate development of corporate talent solutions for its fast-growing professional military networking platform. READ MORE
Sold acquired by Dropbox
As per their blog post: Hi, friends! We're very excited to announce that Sold has joined Dropbox! As of today, our service will no longer be accepting new items.
We'd like to sincerely thank all of our loyal friends and customers who have helped us, supported us, and spread the love for us through this amazing endeavor. We started Sold to provide people with a service that took the burden of selling off their shoulders - by doing all the dirty work for them.
But even beyond that, we wanted to create something that affected people in a positive way. Something they had an emotional connection with. Something they trusted. After spending time with Drew and Arash, we decided that the move to Dropbox couldn’t be better – their roadmap includes exciting new experiences which align perfectly with our ethos of creating products that positively affect people. READ MORE
Snapverse raises $3.5M in funding
As reported by TechCrunch, Snapverse in Boston, MA has raised $3.5M in funding from John Hannan of Apollo Management. Snapverse lets you combine short videos with your favorite music to make a 20-second bite of awesomeness on your iPhone.
Openbay raises funding
As reported by TechCrunch, Openbay in Cambridge has raised funding from Google Ventures, a16z seed, Boston Seed Capital, and Stage 1 Ventures, among others. Openbay is transforming the way people get their vehicles repaired. Submit an auto service, review offers, select the provider that best meets your needs, book your appointment. Fast, convenient and great savings on repair and maintenance services.
Panorama Education raises $4M in funding
Panorama Education, which helps K-12 schools improve through data analysis and feedback surveys of teachers, parents and students, announced today that it has raised $4M in seed funding. The round was co-led by Mark Zuckerberg's Startup:Education and Jeff Clavier's SoftTech VC, with additional participation from Google Ventures, Ashton Kutcher's A-Grade Investments, Yale University, and others. This is Startup:Education's first national equity investment. READ MORE
ImpulseSave acquired by Betterment
Our mission at ImpulseSave has always been to build a great product that would help improve the financial lives of our customers. With that mission in mind, we couldn’t be more excited to join the Betterment team. They share our belief that great technology paired with thoughtful design can enable us to make smarter financial decisions and reach better outcomes. READ MORE
Fancred raises $1.5M in funding
Fancred, a Boston, MA-based sports social network, raised $1.5m in seed funding. Backers included Atlas Ventures, Militello Capital, Star Power Partners, and some unnamed angel investors. The company intends to use the funds for user base growth, product development and partnership set up. READ MORE
Staples acquires Runa
Staples (NASDAQ: SPLS), the world’s second largest internet retailer, announced today it has completed the acquisition of Runa, a software company based in San Mateo, Calif. that helps online retailers increase sales by personalizing the shopping experience. Terms and conditions of the acquisition were not disclosed.
“Runa has a unique platform and outstanding talent with experience in e-commerce and online marketplaces,” said Ronald Sargent, chief executive officer and chairman, Staples. “With Runa, we’re adding technology to better serve our customers with personalized items, offers, and delivery estimates, all in real-time. Runa will allow us to tap into the wealth of engineering and e-commerce expertise in the Silicon Valley area.” READ MORE
BiddingForGood raises $2.1M in funding
As reported by the Boston Business Journal, BiddingForGood in Cambridge, MA has raised $2.1M in funding. The investment comes from Morningside Technology Ventures and other previous investors. BiddingForGood is a charitable e-commerce company that connects fundraisers, shoppers and businesses. READ MORE
CO Everywhere raises $550K in funding
As per SEC filings, CO Everywhere has raised $550K in funding. CO Everywhere is an app that lets you follow the social activity happening in a specific location, anywhere in the world. READ MORE
HourlyNerd raises $750,000
As reported by the NYTimes, HourlyNerd in Boston, MA has raised $750,000. Investors include Mark Cuban, Accanto Partners, and Connect Ventures. HourlyNerd is a marketplace that connects MBAs and small businesses seeking consulting, financial and accounting advice. READ MORE