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Amazon’s Selz Acquisition is Encouraging News for Small Businesses

Tech.Co

Not only has he become the richest man in the world again, leapfrogging a certain Mr Musk, but it has also been revealed that Amazon has quietly acquired ecommerce platform Selz. Many have seen the acquisition as an attempt to fight back against Shopify's rampant growth during the coronavirus pandemic. The Amazon/Selz Acquisition.

News 136
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Do VC Platforms Make Sense?

Both Sides of the Table

In the VC insider baseball world a discussion has gone on about “VC platforms” over the past 5 or so years. While firms define platforms differently, let’s just say they are the services that a VC offers outside of investment capital and partner time on boards or providing intros.

Insiders

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Seismic Scores $170M, Now Worth $3 Billion

socalTECH

San Diego-based sales and marketing software developer Seismic has raised $170M in a Series G funding round, the company said this morning, and is now valued at $3 billion. Along with the funding, the company said it has acquired Lessonly, a developer of sales training, coaching, and enablement software which is based in Indianapolis.

San Diego 113
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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

The latest investment is being used to finance the acquisition of another company in the space — Appetize, a digital and mobile commerce payments platform for enterprises such as sports and entertainment venues, theme parks and zoos. The acquisition of Appetize extends SpotOn’s reach to the enterprise space in a major way.

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Fox Dealer Acquires Simplext Digital

socalTECH

Financial terms of the acquisition were not announced. Simplext develops a tool which lets shoppers text car dealerships, enabling a direct discussion with a sales or service representative. Fox Dealer also said that, separately, it has partnered with LetzChat, a text-and-chat platform which provides real time translation.

Pasadena 113
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Science Inc. Makes First Acquisition, Pinpuff

socalTECH

the startup business effort run by Mike Jones, the former CEO of MySpace, has made its first acquisition, saying this morning that it has acquired Pinpuff , the developer of a platform which measures the influence of Pinterest users, and awards them with perks. Science, Inc. , Financial terms of the buy were not disclosed.

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Amazon Has Acquired Ecommerce Startup Veeqo

Tech.Co

Amazon could substantially expand their dominance over the ecommerce market, as the Seattle-based tech giant has announced the acquisition of Veeqo, a UK-based ecommerce startup. Everyone knows that Amazon has been pretty acquisition happy over the last few years. Amazon Acquires Veeqo.

Startup 128