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ShipMonk Pulls In $290 Million For eCommerce Growth Effort

PYMNTS

ShipMonk has pulled in $290 million in a funding round led by Boston-based Summit Partners as part of an expansion effort. Summit Partners Managing Director Christopher Dean and Vice President Chelsea Jurman will join ShipMonk’s board. Florida’s ShipMonk, started in 2014, offers eCommerce fulfillment services and technology solutions.

Boston 167
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Mobile Order-Ahead Sector Goes All-In On AI

PYMNTS

Businesses rapidly embraced digital solutions in 2020 as shopping (and eating) moved online while everyone hid out indoors. Advanced AI means reducing chargebacks, saving inventory, maintaining brand loyalty and spending more time managing the lunch rush than worrying about fraud.”. Advanced AI Makes Systems Smarter.

Mobile 289
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Bain Capital Nets $800M For Business Impact Funding

PYMNTS

The WSJ reported that Boston-based Bain raised the funds even though other global impact funds have struggled with fundraising this year, drawing just $14.6 The managing director was former Massachusetts Gov. 6, 2020, and lists its “total amount sold” at that point as $596 million. billion through Nov. 20 compared with $76.2

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Self-Advocacy Tips for Promoting Your Work

Perficient

BuiltIn Boston , an online tech community, recently interviewed Hiral Shah , a lead technical consultant at Perficient, to discuss the importance for women to self-advocate and the benefits she has realized as a result. Never feel hesitant or diffident in sharing your concerns, opinions, or achievements with your manager and teammates.

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Simon Property Group Looks To Raise $300 Million For Shell Company

PYMNTS

Simon owns such properties as the upscale Copley Place in Boston. According to the release, “The target will likely be in an industry that will benefit from the experience, expertise, and operating skills of the management team” and Simon Property Group, the nation’s largest mall owner.

Groups 139
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Amazon Sidewalk Eyes IoT Beyond The Connected Home

PYMNTS

Amazon announced plans for Sidewalk last year, and the company said in this week’s update that it is now set to launch the initiative at some point in 2020. In terms of potential use cases for Sidewalk, the enhanced connectivity would allow users to find lost keys or other items, or to manage appliances while away from home but still local.

Boston 210
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Alphabet-Backed Healthcare Startup, One Medical, To IPO

PYMNTS

One Medical is backed by technology and management firm 1Life Healthcare and will trade under the symbol “ONEM.” According to the filing , One Medical has nine locations — Boston, Chicago, Los Angeles, New York, Phoenix, San Diego, the San Francisco Bay Area, Seattle and Washington, D.C. One Medical was valued at about $1.5