Evolve Vacation Rental Network acquires Everbooked
On Wednesday, Evolve Vacation Rental Network announced the acquisition of Oakland-based Everbooked, which provides a pricing platform for the short-term rental industry. The acquisition gives Evolve exclusive access to powerful pricing, analytics and revenue management tools, expanding its current capabilities. For homeowners, that means enhanced tools for creating dynamic nightly rates, which enables them to maximize rental income. The deal comes shortly after the close of an $80 million funding round in August, which will be used to help the company keep up its triple-digit annual growth pace. To accommodate its growing team, Evolve will take over a third floor in its downtown headquarters before the end of the year. [Read more.]
Sovrn raises $25M to acquire and develop new products for publishers
Boulder-based Sovrn raised at least $25 million in funding to fuel the continued growth and diversification of its adtech platform. Foundry Group led the round, with participation from existing investors Archer Venture Acquisitions, Lexington Partners and Oak Investment Partners, bringing the company’s overall funding to more than $53 million. Sovrn will use the new funds to fuel product expansion through both acquisitions and internal product development. The company is already in talks with several businesses whose products complement Sovrn’s existing platform and services. Though no specific deals have yet been announced, the company’s CEO has hinted that Sovrn will look to expand its offerings beyond adtech. [Read more.]
Assignar closes $6.2M Series A to fuel growth of construction software platform
Construction operations management startup Assignar announced the close of $6.2 million Series A funding on Tuesday. The round was led by Tola Capital with participation from existing investor Our Innovation Fund, LP, an Australia-based VC firm. At the end of 2017, Assignar moved its headquarters to Denver from Sydney, although its engineering and go-to-market teams still sit down under. The new funds will help the company expand its teams in both Colorado and Australia and fuel the development of its software. [Read more.]
FoodMaven heads to Dallas in first expansion outside Colorado
Colorado Springs-based foodtech startup FoodMaven is expanding into its first out-of-state service area with a new hub in Dallas-Fort Worth. The company leverages oversupplied and “imperfect” food sources to create an online marketplace and logistics service that delivers significantly discounted, and more sustainably sourced, food to restaurants and institutional kitchens, such as hospitals, schools and catering companies. The move into the Dallas area is the first step toward the company’s goal of nationwide expansion. [Read more.]
N3rd Street Gamers announces plans for e-sports arena in Lakewood
A brand new 18,000-square-foot e-sports arena is opening in Lakewood, thanks to the folks at N3rd Street Gamers. The company, which operates an e-sports venue for amateur and semi-professional gamers in Philadelphia, hopes to tap into Denver’s established gaming community and attract top gaming talent to the Rocky Mountain region. “Denver is close to my heart as a place I have traveled to annually for decades,” said John Fazio, founder and CEO of N3rd Street Gamers, in a statement. The space is slated to open next month and will feature more than 120 PCs, a permanent event stage, a full-service bar and a lounge. [Read more.]
