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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. Florida’s ShipMonk, started in 2014, offers eCommerce fulfillment services and technology solutions. Summit Partners Managing Director Christopher Dean and Vice President Chelsea Jurman will join ShipMonk’s board.

Boston 167
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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. READ MORE: Perficient Celebrates Women in Technology. BONUS: Sitecore Symposium 2018: Empowering Women in Technology.

Boston 452
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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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Alphabet-Backed Healthcare Startup, One Medical, To IPO

PYMNTS

One Medical , a conglomerate of technology-driven primary care offices backed by Google’s Alphabet , has filed an initial public offering (IPO), One Medical announced on Friday (Jan. One Medical is backed by technology and management firm 1Life Healthcare and will trade under the symbol “ONEM.” million on $176.8

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Building Operations Platform Company Building Engines Is Acquired For $300M By JLL

CB Insights

Jones Lang LaSalle (JLL), a commercial real estate (CRE) services firm, has acquired Building Engines , a property management software provider, for $300M. Building Engines: Boston-based Building Engines’ platform, Prism, brings together the technology and applications required for building management in one place.

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WeWork Eyes SaaS SpaceIQ Acquisition Pre-IPO

PYMNTS

Silicon Valley-based SpaceIQ, which develops management and analytics software for making efficient use of office space, could help WeWork appear more like a technology company as it gears up for its IPO. WeWork was the recipient of a $650 million revolver in 2014 from JPMorgan that expires in late 2020. earlier in May.

Boston 100
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Digitization Could Halt Corporate Banks’ Shrinking Profits, Analysts Say

PYMNTS

The Boston Consulting Group (BCG) has released a new report that suggests corporate bankers may be able to halt shrinking profits through digital transformation. Banks that want to attract and retain this business must continue to invest updating and enhancing their technology infrastructure while embracing emerging technology.”.

Boston 109