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 BostInno, RateGravity has raised just over $2M in funding. RateGravity is redefining how consumers finance their homes by eliminating the salesperson and providing a solution to compare, choose and close with vetted local lenders, saving tens of thousands of dollars in interest... READ MORE
Bedly, the first platform to provide a network of end-to-end rental housing services, has raised $2.7M in venture capital to scale its business. The seed funding was lead by Accomplice with participation from Founder Collective and several angel investors. The funding will be used to increase members (renters) and increase housing inventory in New York City and Boston where Bedly has been in early release since mid-2016.
Torchlight, creator of the first technology platform to support modern caregivers, today announced that it has raised an additional round of funding led by individual leaders in the health-and-education industry — including Elliot Sainer, who is joining the company’s board of directors — to further optimize its growth strategy which helped to generate more than 125 percent revenue growth in 2016. The new investment, $1.3 million, will be leveraged to fine tune three critical components of its strategy: people, product, and processes.
PlacePass, a pioneering provider of travel technology solutions offering travelers a leading online meta-search platform for in-destination experiences and activities, today announced an investment from Marriott International, Inc.
As reported by Bloomberg, DraftKings has raised $100M for a Series E1 round of funding. The round was led by Los Angeles Dodgers part owner Todd Boehly's Eldrige Industries, LLC. The announced merger between DraftKings and FanDuel is still waiting federal antitrust approval.. READ MORE
EverQuote, Inc., the leading online insurance marketplace in the U.S., is pleased to announce the appointment of Mira Wilczek to its Board of Directors. Mira is the President and CEO of venture incubator Cogo Labs, which has spawned 15 companies. Mira brings an impressive background as a technologist, entrepreneur, and startup advisor.