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.
Lovepop, a 3D design firm reinventing the greeting card industry, today announced a Series A investment of $6 million led by Ryan Moore of Boston VC Accomplice. Notable Lovepop investors include Shark Tank’s Kevin O’Leary, Niraj Shah of Wayfair, Bob White of Bain Capital, and Wayne Chang of Crashlytics and Twitter.
Follett Corporation, a global leader in education and entertainment content distribution, today announced it has acquired Valore Inc. and the ValoreBooks marketplace solution for students and bookstores to buy, sell and rent college textbooks online. Combining the convenience of the ValoreBooks marketplace with the scope and capabilities of Follett will provide campus stores and students greater access to more affordable course material options. Terms of the transaction were not released.
Fantasy sports technology companies DraftKings and FanDuel today announced they have entered into a merger agreement. The transaction is expected to close in 2017. Financial terms were not disclosed.