Revolution Ventures sees run of exits - Technical.ly DC

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Feb. 12, 2016 11:02 am

Revolution Ventures sees run of exits

Runkeeper has been acquired by Asics, marking the VC firm's third exit in the past eight months.

Revolution founder Steve Case (far left) at work in his office.

(Photo via Twitter)

D.C.’s Revolution Ventures is celebrating a third exit in the past eight months.

One of the VC firm’s early investments, Boston-based Runkeeper, announced today that the company has been acquired by fitness wear giant Asics. Runkeeper founder Jason Jacobs announced the new partnership in a post on Medium. The amount is as yet undisclosed.

This news follows on the heels of OrderUp’s acquisition by Groupon in July and AddThis’ acquisition by Oracle in January. All exits are from the portfolio of the same Revolution partner — Tige Savage.

Organizations: Revolution
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