WHO’S GETTING FUNDED?
ShopRunner, the Conshohocken ecommerce shipping service that spun out of GSI Commerce when it was bought by Ebay, received a $75 million investment from Alibaba Group Holding, a Chinese ecommerce giant, according to a report on The Next Web, though The Next Web was not yet able to confirm the news, reported by the Wall Street Journal and the Financial Times. Alibaba previously invested in Fanatics, ShopRunner’s sister company that’s based in Jacksonville, Fla.
WHO’S GETTING BUZZ?
About two dozen Philly-area tech companies made the annual Inc. 5000 list of fastest growing companies in the country, including King of Prussia-based clinical payment company Greenphire (#192), Exton-based insurance software firm iPipeline (#2000), Manayunk web dev firm Intuitive Company (#1805) and Center City language software retailer Stroll (#1016). Find the full list here.
Wharton featured the four DreamIt Health startups that came from Wharton founders on its blog. Also check out this post on the importance of community at Wharton’s summer incubator space for student startups.
Autism Expressed, the edtech startup focused on teaching digital literacy to Autistic students, won Startup of the Year at the Philly Geek Awards. Find a full list of winners here.
WHO’S MAKING MOVES?
NextDocs appointed William Levering as its CFO, according to a release. Levering was formerly Executive Vice President and Chief Financial Officer at Hamilton, N.J.-based voice-driven software firm Voxware, Inc.
The Conshohocken life sciences software firm also appointed two new board members: Robert Steinkrauss and George Riedel. Steinkrauss, according to a release. Steinkrauss has held leadership positions at tech companies like Sunnyvale, Calif.-based Agiliance, Boston-based Core Security and Exinda, while Riedel is on the boards of companies like Boston-based PeerApp, San Jose-based Tessera Technologies and San Francisco-based Cloudmark.
Ooooh, Tinder’s founder poached some Philly talent: Technical.ly Playbook
DreamIt Ventures launches an internship program with Coded by Kids [Startup Roundup]
Old City carpooling company behind Ride, vRide raises $5M [Startup Roundup]
Traffic.com cofounder raises $1.2M for digital marketing startup [Startup Roundup]
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