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?
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.
In 2011 we launched the Cloudflare Apps platform in an article that described Cloudflare as “not ... the sexiest business in the world.” Sexy or not, Cloudflare has since grown from the 3.5 billion pageviews a month we were doing then to over 1.3 trillion per month today. Along the way, we’ve powered more than a million app installations onto our customer’s websites.
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.
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.
As reported by BostInno, HigherMe has raised $1.5M in a seed found of funding. Investors include Barbara Corcoran Venture Partners, Gautam Gupta (founder of Naturebox), Tucker Max, and Ryan Holmes (founder & CEO of Hootsuite).
EverQuote, Inc., the leading insurance marketplace, today announced that it closed a $23 million dollar Series B investment led by Maryland-based Savano Capital Partners, with participation from Stratim Capital, Oceanic Partners and T Capital Partners. EverQuote will use the funding to further accelerate growth by increasing its investment in sales and product development. It will also afford the company greater flexibility to continue development of its personal risk marketplace.
Ovuline, the leading women's healthcare technology company behind the Ovia Fertility, Pregnancy, and Parenting apps, announced today it has raised $10 million in new funding and will rebrand as "Ovia Health."