Lose It! Raises Seed Round of Funding
Lose It!, a consumer web & mobile companies in the Boston area, has raised an initial round of seed capital led by General Catalyst.
Lose It! Raises $5M in Funding
As per the Boston Business Journal, Lose It! in Boston, MA has raised $5.5M in funding from General Catalyst and UnitedHealthcare's Innovation Group. Lose It! is a mobile weight loss app. READ MORE
PillPack Announces $8.75 Million Financing
Accel Partners joins Atlas Venture and Founder Collective to back a better pharmacy
PillPack, the pharmacy that simplifies medication management, has secured $8.75 million in additional capital funding to scale operations and grow their customer base. The round was led by Accel Partners, with participation from Atlas Venture.
“In the last two years, we have built and launched the first pharmacy dedicated to making customers’ lives easier,” said TJ Parker, PharmD, CEO. “With PillPack, the end-to-end process of managing medications is both simple and understandable. As a result, it’s easy for our customers to take their prescribed medications at the right time, every time.” READ MORE
Wayfair Goes Public
Wayfair, one of the world’s largest online destinations for home furnishings and décor, today announced the pricing of its initial public offering of 11,000,000 shares of its Class A common stock at a price to the public of $29.00 per share. A total of 10,500,000 shares are being offered by Wayfair, and a total of 500,000 shares are being offered by certain selling stockholders. In addition, the underwriters have been granted a 30-day option to purchase an additional 1,650,000 shares of Class A common stock from the selling stockholders.Wayfair will not receive any proceeds from the sale of shares by the selling stockholders. The shares are expected to begin trading on the New York Stock Exchange on October 2, 2014, under the symbol "W." ...READ MORE
Ubersense is Joining the Hudl Team
We founded Ubersense in 2011 with the vision of putting world-class coaching in everyone’s hands. We have made great strides towards this vision: the app has been downloaded more than 2.5 million times and coaches and athletes in over 50 sports in 150 countries use our performance analysis tools. We have been humbled by stories of success including Olympic teams relying on Ubersense to win medals, NFL teams using the app during practice and even a blind baseball team using video to prepare for a national tournament.
That said, we have a lot more to do. Today, we are thrilled to announce that we have been acquired by Hudl. Hudl is the leading provider of game breakdown and video analysis software for sports teams. Their software is used by more than 55,000 teams worldwide, including teams in the National Football League, National Basketball Association, English Premier League and over 15,000 high schools and universities. READ MORE
ezCater raises $2.16M in funding
As per PandoDaily, ezCater in Boston, MA has raised $2.16M in funding. ezCater is a nationwide online food ordering service for businesses. READ MORE
Tablelist Secures Additional $500K
As reporteed by BostInno, Tablelist, an app where club goers can book tables for bottle service at their favorite venues safely and securely through their mobile devices, has secured an addtional $500,000. READ MORE
DraftKings Closes $41M Round & Acquires StarStreet
DraftKings, Inc., today announced that it has closed a $41 million Series C round of funding led by The Raine Group, with participation from existing investors Redpoint Ventures, GGV Capital, and Atlas Venture. DraftKings also announced that it has acquired the principal assets of Cambridge, Mass.-based daily fantasy site StarStreet, further bolstering its status as the largest U.S.-based online destination for daily fantasy sports. Terms of the deal were not disclosed.
DraftKings will use the Series C funding to further enhance its mobile and online destinations, bolster its base of users, continue to attract highly skilled employees, and offer a richer variety of sports with increased guaranteed contest prizes, including its NFL Fantasy Football Millionaire series. In this first-of-its-kind contest, DraftKings will award four players $1 million in four months—the span of the NFL regular season... READ MORE
LTG Exam Prep Platform raises $3M in Funding
LTG Exam Prep Platform, an education technology startup company out of MIT, announced today a combined investment of $3 million from Tal Education Group, Atlas Venture, Jamie McCourt, Margot Carter, Yongjin Group and Zhen Fund. The investment will fund the company’s continuing development of mobile study apps that provide comprehensive yet affordable standardized test prep tools to students around the world. The apps use proprietary algorithms developed at MIT to create personalized study courses for each app user. Cognitive games designed to teach test skills while providing an engaging break from studying are also in development...READ MORE
Fancred Secures $3 Million Funding Round
Fancred, an app that lets users capture their favorite sports moments and connect and interact with a community of fellow fans, announced today the completion of a $3 million financing round led by existing shareholders, Atlas Ventures and Militello Capital, as well as first time participant Breakaway Innovation Group.
Fancred was founded by Hossein Kash Razzaghi, Jeremy Merle, and Craig Johnson (all of whom previously worked at Brightcove), and Michael Pan. READ MORE
Wayfair Files S-1 with the SEC for an IPO
As per the company's SEC filings, Wayfair in Boston, MA has filed an S-1 for a public offering which could raise $350M. Investors in the company include Battery Ventures, Great Hill Partners, Spark Capital, HarvourVest Partners, and T. Rowe Price Associates. Wayfair is an eCommerce company focused on the home furnishings market... READ MORE
Gazelle Raises $9.5M in Funding
As reported by BostInno, Gazelle has raised $9.5M in funding from existing investors Venrock, RockPort, Physic and Austin Ligon (founder of CarMax). Gazelle is the nation's leading consumer electronics trade-in site, providing an easy, fast and safe way for consumers to get cash for their unwanted devices. READ MORE
Happier Adds $2 Million
As reported by BetaBoston Happier adds $2 Million in Funding. Happier is a mobile app that encourages people to find happy moments in every day, share with friends and family, and be inspired to do more of what makes you happier. READ MORE
EyeNetra Raises $4M in Funding
As per SEC filings, EyeNetra in Somerville, MA has raised $4M in funding. EyeNetra develops mobile phone eye diagnostics that measures the correction of users' vision. The first device is called NETRA-G, consisting of a low cost clip-on eyepiece that attaches to a smart phone and allows anyone to administer a simple and quick eye test for nearsightedness, farsightedness and astigmatism, and receive measurements for an eyeglass prescription...READ MORE
TripAdvisor Acquires Viator
TripAdvisor ®, the world's largest travel site*, today announced it has entered into an agreement to acquire Viator, a leading resource for researching and booking destination activities around the world. Viator features more than 20,000 bookable tours and attractions and more than 600,000 reviews, photos, and videos submitted by travelers...READ MORE
Karmaloop Receives $13M
Karmaloop, a Boston, MA-based multi-platform online retailer that specializes in streetwear fashion, received a $13m senior facility from CapX Partners.
The company intends to use the funds to enhance operating initiatives and maintain its market position. READ MORE
Tablelist Raises $1.5M
As reported by BostInno, Tablelist, an app where club goers can book tables for bottle service at their favorite venues safely and securely through their mobile devices, has raised $1.5M. READ MORE
Care.com Acquires Citrus Lane
Care.com (NYSE: CRCM), the world’s largest online destination for finding and managing family care has acquired Citrus Lane, the leading social commerce platform designed for moms. The acquisition has been completed for consideration of $22.9 million cash and $8.1 million in equity at close. The agreement also provides for up to an additional $17.6 million in earn out payments of cash and equity over the next two years subject to Citrus Lane’s achievement of certain milestones in 2015 and 2016.
Based in Mountain View, CA, Citrus Lane is the leading subscription-based social commerce service selling curated products to families on a monthly basis. The company sources and reviews every product it recommends, while also encouraging parents to share information on their favorite product discoveries... READ MORE
DraftKings Acquires DraftStreet
DraftKings, Inc., a leading provider of online and mobile daily fantasy sports, today announced it has acquired New York-based fantasy sports site DraftStreet. The deal combines the two largest US-based daily fantasy sports providers, immediately expanding DraftKings’ customer base by more than 50 percent, while providing the industry’s broadest range of daily fantasy sports offerings. Financial terms of the deal were not disclosed.
Nearly 37 million people in the United States and Canada—nearly 1 in 8 adults and 1 in 5 males—play fantasy sports. Daily fantasy sports are a burgeoning component of this multi-billion dollar market. READ MORE
Smart Lunches Raises $4.4M in funding
As per SEC filings, Smart Lunches in Boston, MA has raised $4.4M in funding. Smart Lunches is an online meal service that brings fun, nutritious, high-quality lunches to kids... READ MORE
OnHand Raises $500K SEED Round
As reported by BostInno OnHand Raises $500K SEED Round.
OnHand, a tech accessories company that was started in a Babson College dorm room and grew up in the MassChallenge Accelerator (2012 Finalist), has raised a seed round of $500,000 through private investment
TalkTo Acquired by Path
Path and TalkTo share a vision for the future of messaging as a hub for communicating with all the people, places and things in your life.
We’re joining forces to create the first unified messaging app! READ MORE
TurningArt Raises $670K in Funding
As per SEC filings, TurningArt in Boston, MA has raised almost $670K in funding. TurningArt is a subscription based business focused on providing pieces of art for your home or office. Subscribers can rotate the artwork out with new pieces as often as they like. READ MORE
Tackle Grab raises $1 million in funding
As reported by the Boston Business Journal, Tackle Grab in Boston, MA has raised $1M in funding. Tackle Grab is a membership based online fishing tackle retailer where members sign up to receive monthly samples of the best lures on the market today. READ MORE
Drizly Raised Additional $2.5M In SEED Capital
Drizly, a Boston, MA-based smartphone app for alcohol delivery, raised an additional $2.5m in seed capital.
The round was led by Continental Investors of Chicago, with participation from Gary Vaynerchuk through his new Vayner RSE fund, and Suffolk Equity, as well as participation from existing investors announced in January as part of the initial $2.3m in seed funding (read here). In conjunction with the funding, Paul Purcell of Continental, will be joining Drizly’s Board. READ MORE
TripAdvisor Signs Exclusive Offer To Acquire lafourchette
TripAdvisor, Inc. (NASDAQ: TRIP) today announced it has made an exclusive offer to acquire lafourchette, an online restaurant booking platform with a network of more than 12,000 restaurant partners across Europe.
lafourchette is the leading online and mobile reservation platform for restaurants in France, Spain and Switzerland. The company also offers management software solutions helping restaurants to maximize online business by providing an effective and flexible booking, discount and data tool. Based in Paris, lafourchette operates the 'eltenedor' brand in Spanish and 'thefork' brand in English. READ MORE
Allclasses Raises $1.5M in Funding
Allclasses, a vertical search engine for finding online and offline courses has raised a $1.5 million in funding. Investors in the round include: Floodgate Fund, Great Oaks Venture Capital, Atlas Venture, Designer Fund, Maiden Lane, & angel investors...READ MORE
Vhoto raises $2.4M in funding
Vhoto, the company that finds amazing photos through the power of video, announced today that its revolutionary Vhoto App for iPhone and iPod touch is now available exclusively on the App Store in the United States and worldwide. Vhoto is free, easy, and fun! Simply take a video using the Vhoto camera app or choose a video from your iPhone or iPod touch’s library. Vhoto’s proprietary technology automatically finds amazing photos hidden inside your video. Then you can save or share your favorite photos ...READ MORE
TripAdvisor Acquires Vacation Home Rentals
TripAdvisor, Inc. TRIP +0.77% , today announced it has acquired Vacation Home Rentals, a Massachusetts-based vacation rentals website. Vacation Home Rentals features more than 14,000 properties around the world.
"We're thrilled to welcome Vacation Home Rentals to the TripAdvisor family," commented Dermot Halpin, president, TripAdvisor Vacation Rentals. "The team delivers a great experience for both homeowners and travelers and the inventory is a valuable addition to our fast-growing business." READ MORE
BookBub Raises $3.8 Million in Series A Funding
BookBub today announced it has raised $3.8 million in Series A funding. Investors include NextView Ventures, Founder Collective, Avalon Ventures, and Bloomberg Beta.
The company, which helps readers discover limited-time deals on acclaimed ebooks, has tripled in size since early last year and is nearing 3 million members. All of the Big Five publishers, leading mid-sized and small publishing houses, and thousands of bestselling independent authors have collectively featured more than 10,000 ebook deals through BookBub. Members purchase more than one million ebooks per month as a result of the service, a number that does not include the significant number of free ebooks also downloaded. In total, BookBub is driving millions of dollars in ebook sales each month. READ MORE