Monday, 19 Nov 2018
Category: M&A

Expedia acquires Pillow and ApartmentJet to conquer the short-term rental market

To keep up with the rising demand for short-term rentals in U.S. cities and compete with the home-sharing giant Airbnb, travel booking site Expedia has picked up a pair of venture-backed hospitality startups, Pillow and ApartmentJet. Employees of both companies will join Expedia . The company declined to disclose the financial terms of the deals. “Acquiring […]

Electric scooter startup Grin merges with Brazil-based Ride

Grin, the Mexico City-based electric scooter company backed by Y Combinator, is merging with São Paulo-based Ride to further the company’s expansion across Latin America. This comes shortly after Grin raised a ~$45 million Series A round. Currently, Grin only operates in Mexico City, but it has plans to expand to other cities throughout Latin […]

Teamable, the Tinder for hiring, raises $5M and acquires Simppler

Teamable, a provider of hiring software that leverages employees’ social networks, has brought in $5 million from new investor Foundation Capital and existing backers True Ventures and SaaStr Fund. The startup also announced its acquisition of Simppler‘s referral recommendation engine and matchmaking recruiting software. Teamable’s co-founder and chief executive officer Laura Bilazarian declined to disclose the […]

Walmart continues M&A spree with acquisition of lingerie retailer Bare Necessities

Walmart continues to beef up its portfolio of digital brands, announcing on Friday that it had acquired Bare Necessities, an online retailer of lingerie, swimwear, hosiery and other intimates. Walmart declined to disclose the terms of the deal. The lingerie company, founded in 1998, will operate independently of Walmart. Over time, the e-commerce giant says […]

Social intelligence platforms Brandwatch and Crimson Hexagon to merge

Brandwatch — the UK-HQ’d social intelligence company that raised $65 million from European VCs Nauta Capital, Highland Europe and Partech — is to merge with another leading player in the space, Crimson Hexagon . The merger, expected to close in Q4, will, according to the companies, create a business with around $100 million in recurring […]

Cloudera and Hortonworks announce $5.2 billion merger

Over the years, Hadoop, the once high-flying open-source platform, gave rise to many companies and an ecosystem of vendors emerged. It was long believed that some major companies would emerge from the pack, and, sure enough, Hortonworks went public in 2014. Cloudera followed three years later, but the market slowed down and the two companies […]

Google acquires customer service automation startup Onward

Google has acquired a small startup that builds tools for businesses looking to automate their customer service or sales workflows. Onward and some of its key employees, including co-founders Rémi Cossart and Pramod Thammaiah, as well as CTO Aaron Podolny, will be joining Google. Terms of the deal weren’t disclosed. The startup gives businesses an AI-powered chat […]

Cluep, a Canadian startup that raised just $500k, acquired for $40M

Everyone loves a tale of a bootstrapped startup founder’s journey to an eight-figure exit. The team at Toronto-based Cluep have a good one. The founders of the adtech startup raised less than $500,000 from angel investors before selling their company to Impact Group for $40 million ($53 milllion CAD) this week. Founded in 2012, Karan Walia, Sobi Walia […]