Posts Tagged ‘Louisville’
Wednesday, July 6th, 2011
 LOUISVILLE, KY - MOBIbucks, which sells cardless mobile payment and marketing software, has raised $5 million in Series A funding. Acadia Woods Partners, a New York-based technology, media and life science venture capital firm, led the round which also included the participation of several new and original angel investors.
The investment fuels MOBIbucks’ growth in key markets around the world and funds customer service in support of new installations.
MOBIbucks is the only mobile payment solution for making purchases using just a mobile phone number — it does not require cash, a card or even a mobile phone to be in the user’s possession to be used. The company’s mobile marketing and rewards solution is a powerful, paperless, cardless merchandising tool to offer coupons, loyalty rewards, gift cards and even online ordering.
“We believe there is an enormous market for mobile commerce applications, in which MOBIbucks is positioned to be a leader. MOBIbucks offers the first cardless, mobile phone agnostic, wireless operator independent, free from card association road blocks payment platform,” said Jorge Fernandes, CEO of MOBIbucks.
Fernandes has a point. Mobile commerce looks as if it may eventually dominate digital commerce and easy payment methods are likely to help fuel its growth.
Tags: Acadia Woods Partners, cardless mobile payment solution, financing, KY, Louisville, MOBIbucks, New York
Posted in Internet/New Media, Kentucky, Money, Other SE | Comments Off
Friday, December 10th, 2010
 LOUISVILLE, KY – ZirMed, a company revenue cycle management solutions to healthcare providers has raised an undisclosed amount of venture backing from Sequoia Capital, according to VentureWire.
Founded in 1999, ZirMed is an information technology company that says it simplifies the complexities of healthcare payments for providers and their patients.
ZirMed solutions include eligibility verification, credit/debit card processing, check processing, claims management, coding compliancy and reimbursement management, electronic remittance advice, patient statements, patient e-commerce solutions, provider credentialing, and lock box services.
Tags: financing, healthcare revenue cycle management, KY, Louisville, Sequoia Capital, Zirmed
Posted in Healthcare, IT, Kentucky, Money, Other SE | Comments Off
Tuesday, November 16th, 2010
 CHARLOTTE, NC – Tree.com, Inc. (Nasdaq: TREE), the parent company of LendingTree, has agreed to acquire Louisville, KY-based SurePoint Lending, the business name of First Residential Mortgage Network Inc. in a deal worth up to $23 million.
Tree.com will pay SurePoint shareholders an aggregate purchase price of $6 million in cash and contingent consideration up to an aggregate additional $17 million pursuant to earn out provisions over the next three years.
A LendingTree network lender for 11 years, SurePoint has originated more than $10 billion in closed loans since inception and was named the number one refinance lender on the LendingTree network in 2009. Headquartered in Louisville, SurePoint has nearly 500 employees, including more than 300 licensed loan officers, and operates branch locations in Nashville, TN, Tampa, FL, and Indianapolis, IN.
Tags: acquistion, Charlotte, KY, Louisville, NC, SurePoint Lending, tree.com
Posted in Acquisitions, Carolinas, Internet/New Media, IT, Kentucky, North Carolina, Other SE | Comments Off
Thursday, September 2nd, 2010
 CHARLOTTE, NC – Welsh Carson, Anderson & Stowe, a private equity firm, and Peak 10′s executive management have acquired a majority stake in the company. Financial details were not disclosed.
Selling shareholders include majority owner Seaport Capital, a New York-based private equity firm and McCarthy Capital, an Omaha, Neb.-based private equity fund.
Peak 10’s existing management team, led by Co-Founder, President and CEO David Jones will continue to operate the business.
Jones said, “Our partnership with Welsh Carson enables Peak 10 to continue increasing the scale of our business to meet the high demand for data center infrastructure and related managed services. Our strategic focus remains intact but our resources now position us to more rapidly extend our geographic footprint, strengthen our team and further accelerate our managed services and cloud offerings.”
Peak 10 has managed a path of steady and consistent growth achieved through expansion in the greenfield markets of Jacksonville, FL.; Charlotte, NC.; Tampa, FL. and Raleigh, NC, and through acquisitions of established data center companies in Louisville, KY; Nashville, TN.; Richmond, VA and, most recently, Fort Lauderdale, FL.
In 2007 and early 2008, Peak 10 opened greenfield data centers in Atlanta, Ga. and Cincinnati, Ohio respectively. Over the last two years Peak 10 has completed construction of additional facilities in five of its markets to meet customer growth and demand.
The transaction is expected to close in early October.
Tags: Acquisitions, Atlanta, Charlotte, FL, Fort Lauderdale, GA, KY, Louisville, Nahsville, NC, Peak 10, Raleigh, Richmond, TN, VA, Welsh Carson
Posted in Acquisitions, Carolinas, Florida, Georgia, Kentucky, North Carolina, Other SE, Potomac, Tennessee, Virginia | Comments Off
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