As reported by BostInno, Wayfair has acquired Trumpit, a Snapchat-like social media startup in Boston. Trumpit raised $1.2M in seed funding last year. Investors included Jason Robins (DraftKings CEO), Boston Seed Capital and New York Angels. Terms were not disclosed... READ MORE
Travel planning and booking site TripAdvisor® (www.tripadvisor.com) today announced that it has acquired New York-based Citymaps (https://citymaps.com/), a social mapping platform that enables tourists to discover countless hidden gems and hot spots, near and far, all around the world. The website and app make it easy for consumers to find points of interest, navigate urban destinations and share favorite locations with friends.
As per SEC filings, Sidekicks in Cambridge has raised $7.1M in funding. Sidekicks is a mission-driven, technology-based startup. The company's mobile virtual companion, Sidekicks, helps parents connect with kids with autism using their strong affinities...READ MORE
As per SEC filings, Immedia Semiconductor raised $11.9M in funding. Investors include Flybridge Capital Partnres. Immedia Semiconductor is the maker of Blink, a wireless home security & HD video monitoring system...READ MORE
Randstad Holding nv (AMS: RAND), a leading human resources services provider, and Monster Worldwide, Inc. (NYSE: MWW), a global leader in connecting jobs and people, today announced the signing of a definitive agreement under which Randstad will acquire Monster. Under the terms of the merger agreement, Randstad will pay $3.40 per share in cash, or a total purchase price of approximately $429 million (enterprise value).
Drizly, the technology company transforming the way alcohol is shopped, sold and shared online, today announced $15 million in Series B financing led by Polaris Partners with participation from existing investors. The new funding brings total investment in Drizly to $32.8 million and will be used to further drive the company’s rapid expansion and brand awareness, both in the U.S. and internationally.
As reported by Yahoo! Finance:
Andrew Miller thinks there’s a big mistake that major sports media properties are making these days: They’re all giving social platforms like Facebook and Twitter their best content for free. “They’re getting their lunch eaten,” he says, by letting top writers put most of their hottest content—analysis, opinions and breaking news scoops—into tweets that don’t bring any money to the employer.
Cars.com, a TEGNA Inc. (NYSE: TGNA) company, has closed the acquisition of DealerRater, announced last week. DealerRater is the industry's largest automotive consumer review website. Terms of the transaction were not disclosed.