Jet, through its parent Walmart, has acquired ShoeBuy from IAC for approximately $70 million. This acquisition closed on December 30, 2016. Below are some key facts about the deal.
Who is ShoeBuy?
As per BostInno, Goji in Boston has raised nearly $19M of a $30M equity and debt offering. Goji is an online auto insurance firm. Its previous backers include Spark Capital, Thayer Street Partners, and others... READ MORE
Oil Price Information Service (OPIS), a firm well-known in petroleum and convenience for providing fuel prices and analysis, has acquired a consumer-oriented company more known to motorists for a website that helps them find the lowest gasoline prices in town.
As reported in a Raymond James/CSP Daily News Flash, OPIS, based in Gaithersburg, Md., acquired Brooklyn Park, Minn.-based GasBuddy and its mobile-app service OpenStore for an undisclosed sum, the companies announced on March 1.
As reported by Xconomy, Starry in Boston has raised $30M in venture funding. Starry is aiming to make Internet better for everyone with easy-to-use Wi-Fi products and a radical wireless Internet service. They are the creators of Starry Station, the world’s first ambient touchscreen Wi-Fi station... READ MORE
Hopper, the mobile app that analyzes and predicts airfare, today announced it has secured $82M CAD in Series C financing ($61.6M in US dollars) led by Caisse de dépôt et placement du Québec (CDPQ), one of North America's largest pension fund managers. Existing investors Brightspark Ventures, Accomplice, OMERS Ventures, Investissement Québec and BDC Capital IT Venture Fund also participated in the round. The round is comprised of new funding, as well as a convertible note that was announced earlier in the year, and brings Hopper's total funding to date to $104M CAD.
First Republic Bank (NYSE:FRC), today announced it has acquired Gradifi Inc., a Boston-based student loan repayment technology platform to assist the nation's 44 million student loan borrowers.
Gamer Sensei, the online mastery platform for competitive gamers, today announced the acquisition of DotaCoach.org, an on-demand coaching service for players of Dota 2. The combination of the two companies creates the world’s largest community of professional Dota 2 coaches dedicated to helping competitive gamers win more. Terms of the deal were not disclosed.
Clearsurance, a Newburyport, MA-based crowdsourced insurance industry review and rating platform, has launched with $2m seed funding.
The round was raised in August 2016.
The company is using the proceeds to launch and continue to develop the platform as well as to expand operations.