Startups - Social Media - Webdesign

OpenTable Buys Ness For $17.3M To Beef Up Mobile And Restaurant Recommendations

Posted by on Feb 6, 2014 in Startup | 0 comments

ness-launchscreenRestaurant reservation platform OpenTable, gearing up to announce its earnings any minute now, also has some other news: the company has acquired Ness Computing, makers of the personalized restaurant recommendations app Ness. It’s an all-cash transaction that OpenTable says is worth $17.3 million, although it comes with cash in Ness’s coffers that brings the net value to $11.3 million.

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Intel Makes Another Acquisition: Hacker League, A Platform For Hackathons, Is Now A Part Of Mashery

Posted by on Dec 3, 2013 in Startup | 0 comments

hackathon_1 (1)Intel’s acquisition spree continues apace, with the latest being made to augment one of its other recent acquisitions. It is buying Hacker League, a popular platform for managing hackathons, which will be incorporated with the API management company Mashery (acquired April 2013). The terms of Hacker League deal are not being disclosed but we understand it is for a sum significantly smaller than the $180 million Intel reportedly paid for Mashery. Only the platform, IP and other assets are coming over to Intel; the three co-founders Mike Swift, Abe Stanway, and Ian Jennings, who are all in their early 20s, are not.

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Access Industries Leads $112M Round In Rocket Internet Asia-Pacific Fashion Sites Zalora And The Iconic

Posted by on Dec 3, 2013 in Uncategorized | 0 comments

zalora singaporeEarlier this year, Rocket Internet announced the closing of a huge fund of $500 million that it would use to develop its portfolio companies in markets outside of Western Europe. Today, one of the big backers of that fund, Access Industries, is leading a $112 million investment into two of Rocket’s big e-commerce plays in the Asia-Pacific region, Zalora in Asia and The Iconic in Australia. Rocket Internet says that this is the biggest single funding announcement for any e-commerce site to date in the region — breaking Zalora’s own record from just six months ago, when it raised $100 million.

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Akamai Buys DDoS Prevention Specialist Prolexic For $370M To Ramp Up Security Offerings For Enterprises

Posted by on Dec 2, 2013 in Uncategorized | 0 comments

padlockThe holiday season e-commerce rush is in full swing, and so are malicious hackers that will hope to profit from the increased activity online. Timely news, then, that Akamai, the specialist in optimising web site performance and content distribution, is making a big acquisition to beef up its security offerings: it is buying Prolexic, a U.S.-based provider of cloud-based security solutions for protecting data centers and enterprise IP applications from distributed denial of service (DDoS) attacks. Akamai will be paying approximately $370 million for Prolexic.

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Lovely, The Apartment Rentals Site, Raises More Funding And Buys Rentmatic To Add Payments

Posted by on Nov 21, 2013 in Startup | 0 comments

for rent signLovely, the site that aggregates home rental listings, is today moving up from studio to duplex status. The startup is announcing its first acquisition, Rentmatic, so that those finding apartments on its site will soon be able to set up their monthly rent payments on Lovely after they move in. And it is gearing up for more growth: it has also closed a Series A round of funding.

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