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
Consumer United raises $14M in funding
As per BetaBoston, Consumer United in Boston, MA has raised $14M in funding. The round of funding was led by Spark Capital & Thayer Street Partners. Consumer United is an online independent insurance agency. READ MORE
ezCater Raises $4M in Growth Capital
ezCater, Inc, the only national player in online catering ordering for business meetings, is completing a raise of growth capital, for $3M. This follows the $1M in growth capital raised in 2013. Investors include Breton Capital Management (a private equity firm), Launchpad Venture Group (one of the country’s 5 most active angel groups), and super angels such as ZipCar investor Jill Preotle.
The company will use much of the new capital to add 20,000 caterers to its site. “We already offer customers the widest selection of caterers to order from. Within 12 months, you’ll be able to order catering online at ezCater.com from well over 50,000 caterers nationwide,” said Stefania Mallett, CEO.
GroupZoom raises $3M in funding
As reported by The Boston Globe, GroupZoom has raised $3M in funding from a variety of individual investors, including Scott Griffith (former CEO at Zipcar and now a Partner at General Catalyst). GroupZoom is the creator of Bridj, the world's first pop-up mass transit network. It revolutionizes inter-city mass transportation by connecting travelers directly with their destinations. READ MORE
Drync Secures $2.1M in Funding
Drync, a top wine app and leader in visual commerce, today announced it has secured $2.1M from marquee venture and individual investors and has expanded its executive team with the addition of Brian Carr, who has been named COO of the company. Carr comes to Drync from Springpad, a venture-funded Evernote competitor and TIME Magazine top 50 app two years running, where he was VP of Marketing.
Investors in this round include Cross Link Ventures, Great Oaks Venture Capital, KEC Ventures and Foundry Group, which led the largest syndicate on AngelList to date, raising over $434k for Drync. Hubspot founder, Darmesh Shah and ScanScout founder, Wakit Lau, also made individual investments in the company. This seed round is on top of a $900k initial investment in August. READ MORE
Smarter raises $1.6M in funding
Smarterer has been making some major waves as the company evolves towards solving an enterprise problem for companies with their skills assessment platform called Flock.
As part of this shift, Smarterer raised $1.6M in funding, which puts their total funding to date at $4.6M. Investors in the company include Google Ventures, True Ventures, Boston Seed Capital, Rethink Education, Deborah Quazzo (Founder & Managing Partner of GSV Advisors), and many additional seed investors. READ MORE
Alignable raises $3.54M in funding
As per SEC filings, Alignable in Waltham, MA has raised $3.45M in funding. Alignable is the place where local businesses create powerful local networks to maximize their local reach and grow. As businesses grow so does the entire community. Alignable’s patent-pending matching technology makes finding the right local businesses to market with fun and easy- making “The power of local” real for businesses... READ MORE
Timbre acquired by Seatwave
We are incredibly excited to tell you our big news - Timbre has been acquired by Seatwave! Seatwave is the leading ticketing marketplace for fans in the UK, and we couldn’t be more thrilled to work with the brilliant and passionate team there. The Timbre team is working closely with Seatwave to create a brand new best-in-class experience for live music discovery. The acquisition doesn’t mean the end of Timbre; it will continue to deliver concert listings across the globe.
The team behind Timbre’s acquisition, led by Seatwave CEO Ajay Chowdhury... READ MORE
Vistaprint acquires Pixartprinting
Vistaprint N.V. (Nasdaq: VPRT), a leading online provider of professional marketing products and services to micro businesses and the home, today announced it has entered into a definitive agreement to acquire Pixartprinting Srl for a base purchase price of approximately €127 million, resulting in Vistaprint ownership of 97 percent of Pixartprinting, and 3 percent retained ownership by Pixartprinting’s founder. As part of the transaction, Vistaprint will assume 100 percent of the majority stake in Pixartprinting that is currently held by private equity firm Alcedo SGR. The agreement also includes a sliding-scale earn-out of up to €10 million for Pixartprinting, subject to the achievement of revenue and EBITDA performance targets for calendar year 2014. Vistaprint expects Pixartprinting will have a net debt position of €18 million at the close of the transaction. READ MORE
Bottomline Technologies to Acquire Andera
Bottomline Technologies (NASDAQ: EPAY), a leading provider of cloud-based payment, invoice and digital banking solutions, today announced it will acquire Andera, a provider of innovative customer acquisition solutions. Andera has helped its over 500 bank and credit union customers process more than 4.5 million new account applications online. Andera’s oFlows platform was named “Best of Show” at Finovate four times and Bank Technology News recently named Andera one of the “Top10TechCompanies toWatch.”
As the digital channel emerges as customers’ preferred way to do business with banks, financial institutions are investing in web-based technologies to sell, service and engage with their customers. Andera’s market-leading customer acquisition solutions enable financial institutions to accelerate revenue growth through their intuitive online account opening and customer engagement capabilities. READ MORE
Circle raises $17M in funding
Circle Internet Financial, a digital currency company, today announced that it has closed $17 million in Series B financing, bringing its total raise to date to $26 million. Breyer Capital, Accel Partners and General Catalyst Partners were joined by new investor Oak Investment Partners to lead the round. Other Series B investors included Pantera Capital; the Bitcoin Opportunity Fund of Barry Silbert, founder and chief executive officer of SecondMarket, Inc. and founder of the Bitcoin Investment Trust; Leonard H. Schrank, former chief executive officer of SWIFT (Society for Worldwide Interbank Financial Telecommunication); and, Circle board member M. Michele Burns. Fenway Summer, a leading consumer finance advisory and venture firm led by Circle board member Raj Date, was also an investor in the Series B financing. READ MORE
HourlyNerd raises $4M in funding
We’re thrilled and honored to announce that HourlyNerd has recently raised Series A funding from two of the world’s premier venture capital firms: Highland Capital and Greylock Partners. Partnering with firms like Highland and Greylock will allow us to help even more businesses across the world. Our unwavering goal is to allow businesses of all sizes to get access to top quality MBA freelancers while also allowing top-tier business talent to work more flexibly. We’d like to send a BIG thank you to all of our current and past business customers and Nerds – we couldn’t have gotten to this point without you! READ MORE
Unsully acquired by Handybook
As per their blog post, Unsully has been acquired by Handybook. Unsully is a startup founded by Joe Nigro and was focused on providing premium car washes to homes. Joe will be joining as Handybook's General Manager for their Boston operations. READ MORE
Flashnotes acquires Moolaguides
Flashnotes.com, the student-to-student study materials marketplace, today announced that it has agreed to acquire Moolaguides, an online study materials marketplace started by Florida State University senior Thomas Brady. The second acquisition for Flashnotes.com following its purchase of NoteUtopia in 2013, Moolaguides.com has generated a quarter of a million in revenue and has a strong user base at Florida State University and surrounding colleges University of South Florida and University of Florida. The acquisition follows Flashnotes.com's recent $3.6 million Series A round of funding as the peer-learning platform continues its expansion to colleges and universities across the country. READ MORE
Wayfair raises $157M in funding
Wayfair, the largest online retailer of home furnishings and décor, today announced that it has raised $157 million in equity financing to fuel continued growth of the company’s portfolio of home brands. The Series B investment round, led by funds and accounts managed by T. Rowe Price Associates, Inc., encompassed a limited number of key investors, including industry leading growth focused mutual funds, as well as a private investment from Julie M.B. Bradley, TripAdvisor CFO and Wayfair board member.
“Wayfair is heading into 2014 with tremendous momentum and growth as more and more shoppers opt for one of our exceptional ecommerce shopping experiences,” said Niraj Shah, CEO and co-founder of Wayfair. READ MORE
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