M.Gemi, the leading direct to consumer accessories brand, announced today that it has received a $16M Series C investment led by BurdaPrincipal Investments, the growth capital arm of Hubert Burda Media, one of Germany's largest tech and media companies with continued participation from Accel, General Catalyst Partners, and Forerunner Ventures. This most recent round brings M.Gemi's total funding to $47.2M.
As reported by BostInno:
The easiest way to describe Dispatch is this: the Boston startup has built a software platform that lets people book home services professionals for things like pest control and appliance repair, with the ease of use found in apps like Uber.
Grubhub, the nation's leading takeout marketplace, announced that it has entered into an agreement for an all-cash transaction to acquire Foodler, one of the largest independent North American online food-ordering companies.
The agreement with Boston-based Foodler, which is subject to certain closing conditions, extends Grubhub's leadership in New England and will add more than $80 million of annualized gross food sales in 2017. This will expand the breadth and depth of Grubhub's national network of more than 55,000 existing restaurant partners and 8.8 million active diners.
Digital Health Corp, a diversified healthcare company focused on developing affordable therapy solutions to help patients get better in the comfort and convenience of their own homes, today announced the acquisition of Constant Therapy, a privately held developer of mobile solutions to treat patients with traumatic brain injury, stroke, aphasia, and learning disorders. Terms of the acquisition were not disclosed.
Flywire, a leading provider of international payment solutions, today announced that it has acquired PACE Invoice, a multi-currency invoicing platform provider based in London. With the acquisition, Flywire adds international invoicing to its cross-border payments and receivables services, enabling its business, education and healthcare clients to more easily link invoices to cross-border receivables, saving time and costs in invoice preparation and payment reconciliation.
LifeSite™ announced today that they have closed an asset purchase agreement with Boston-based mobile app company, Mustbin.
The award-winning digital vault company, LifeSite, has signed a deal to acquire Mustbin’s technology assets and upgrade Mustbin users to LifeSite Vault, delivering on the company’s vision to help people securely organize and share key information and documents.
RaceMenu, a leading endurance event software company, today announced the acquisition of Boston-based mobile app development company TapWalk. The move follows the recent sale of RaceMenu’s race timing division, bolstering the company’s commitment to focusing on innovative software solutions for the endurance events industry. Financial terms of the acquisition were not disclosed.
Today, LevelUp announced that it has completed a $50 million round to continue to grow its business. Investors who participated in this round include long-time partner and investor JPMorgan Chase, US Boston and CentroCredit Bank. Chase made an initial investment in LevelUp at the end of 2015. This funding comes at a time of accelerating growth for LevelUp, which is now used by nearly a million people every month.
Expedia, Inc., (NASDAQ: EXPE) and SilverRail Technologies, Inc., today announced entry into a definitive agreement in which Expedia® will acquire a majority stake in SilverRail. SilverRail set out to solve rail’s most challenging technology problems and has been an important Expedia industry partner, helping to bring online booking for rail to Expedia’s customers.
As reported by Xconomy, Soofa in Cambridge has raised $2.5M in funding led by Underscore and Pillar. Soofa makes solar-powered, sensor-equipped benches that double as charging stations for phones and other devices... READ MORE