Startups

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.

Companies: Revolution
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Donate to the Journalism Fund

Your support powers our independent journalism. Unlike most business-media outlets, we don’t have a paywall. Instead, we count on your personal and organizational contributions.

Trending

These 10 regions could be most impacted by federal return-to-office mandates

Tech-related orders and economic reorganizations hit Maryland. Here’s what they mean. 

From Belgaum to Baltimore and beyond, this founder leaned on family to build a biotech juggernaut 

Philly vs. Kansas City: Who’s got the stronger tech economy?

Technically Media