EatStreet continues their rapid growth as they recently acquired assets from a Philadelphia-based startup in order to aid expansion to cities they operate in across the U.S.
The startup, called Zoomer, has agreed to sell EatStreet certain assets of the business including restaurant contracts in 10 markets for for an undisclosed amount of money. In addition, many employees from Zoomer will join the EatStreet team. The strategic purchase will allow EatStreet to have more control of the food delivery process from start to finish, and the acquisition will help them better manage deliveries for high volume restaurants.
EatStreet now employs over 150 people in the Madison area and has 15,000 plus restaurants available on its service. More information is available here.
The widely popular mobile role playing game, DragonSoul, was recently acquired from PerBlue by GREE International Entertainment.
The DragonSoul franchise has become a household name in mobile gaming with over 9 million players worldwide. GREE international plans to build upon the success of DragonSoul and further increase its reach across Europe and around the world. As for PerBlue, the acquisition will allow the Madison company to continue managing their current collection of games as well as develop new mobile role playing games. You can read more about the acquisition here and here.
Quickstep Technologies, a big data startup founded by a UW professor, was recently acquired by Pivotal. This is now the third startup that Jignesh Patel has sold as a co-founder. Patel is a long time computer science professor at UW, but he will now take a year away to serve as chief scientist at Pivotal. Quickstep has developed a unique data processing technology that allows companies to process data quicker and more cost effectively. You can read more about Quickstep here.
Vidmaker has been acquired by YouTube for an undisclosed sum. Vidmaker created an online collaborative video editor which enables real time editing, sharing, and management of videos between multiple people.
The company was founded in 2011 and previously raised approximately $650,000 in funding. Vidmaker was also a participant in the first class of the TechStars San Antonio accelerator in 2012.