Ori, Inc., creator of intelligent, responsive systems that enable the elegant and effortless transformation of interior space, announced today that it has raised $6 million in a Series A funding round led by Khosla Ventures to support the company’s rapid growth, delivery of its initial commercial orders and the expansion of its Boston-based team.
Gamer Sensei, the premier professional esports coaching service, today announced an additional $4 million in venture funding. This latest round was led by Accomplice and Advancit Capital, joined by Origin Ventures, CRCM Ventures and Kiwi Ventures, with additional participation from other new and existing investors including, aXiomatic, Abstract Ventures and Subversive Capital. The funding will help fuel the continued growth of the company at its headquarters in downtown Boston.
As reported by the Providence Journal:
A growing company that says it helps 11 million youth athletes around the country customize their athletic gear announced Wednesday it has secured a $7-million investment, which SquadLocker co-founder and CEO Gary Goldberg said should help the company hire and train 25 to 30 more employees.
Avnet (NYSE: AVT) announced today that it has acquired Dragon Innovation, expanding the global distributor’s portfolio of offerings for customers as they move from design to prototype to volume production. Dragon Innovation’s proven process and deep hardware experience help customers understand manufacturing costs and schedules, find factories and manage production as they scale their businesses.
As reported by Travolution:
Travel search engine Kayak has announced the asset purchase of Brazilian online metasearch engine Mundi.
The deal gives Kayak ownership of the Mundi domain and site technology and will see it adopt Kayak’s technology for website, which has around one million users.
The Priceline Group Inc. (NASDAQ: PCLN) today announced that it has successfully completed its previously announced plan to acquire the Momondo Group in a cash transaction whereby The Priceline Group acquired all outstanding shares of the Momondo Group for approximately $550 million. The Momondo Group, which operates momondo, a leading European travel meta engine that offers flights, hotels and car rentals, and Cheapflights, a leading global flight comparison and travel deals publishing platform, will roll under The Priceline Group's leading travel meta brand, KAYAK.
As reported by TechCrunch:
German travel search engine Swoodoo has been acquired by the leading U.S. flight search engine Kayak.
Although Kayak has lots of cash in the bank and is a major player in the US, it is still not well known in Europe, hence its need to make an incursion here. Financial terms of the acquisition have not been disclosed but we hear on the grapevine that T-Venture and Deutsche Telekom were “very happy with the Exit”.
As reported by Tnooz:
Travel search site Kayak has continued its European spending spree by buying Checkfelix, one of the leading travel search engines in Austria.
Terms of the deal have not been disclosed but Kayak has purchased JaBo Software Vertrieb- und Entwicklung, which uses the Checkfelix as its trading name.
SoftBank Group Corp. (“SoftBank”) has invested an additional $7.5 million in Altaeros to deploy and scale its aerial platform to bring low cost broadband wireless communications to rural communities beginning in
Vets First Choice, the leading provider of technology enabled healthcare solutions for veterinary practices, announced today that its parent company, Direct Vet Marketing, has acquired Roadrunner Pharmacy and Atlas Pharmaceuticals. The acquisitions are part of a global initiative to professionalize prescription management services for veterinary practices.