By Danielle Abril

The startup community continues to develop across Dallas-Fort Worth, with additional accelerators, funds and companies calling the region home. It also touted several successful exits and initiatives that bring together corporations, cities and startups.

Accelerators including Motive, focused on real estate technology, and Emerge powered by Tech Wildcatters, focused on wearable technology for first responders, entered the community this year joining others including DFW Excellerator, Tech Wildcatters, RevTech, Health Wildcatters and Collide Village. Emerge’s first class comprised five startups and Motive’s class had four.

Meanwhile, new funds also began to emerge this year. Hangar Ventures, run by Jeff Williams and Jason Story, and Growth X, led in part by former members of Silicon Valley Growth Syndicate, announced $50 million funds this year. Naya Ventures also introduced itself to the community with a $100 million fund. Funding was also up this year, according to data provided by Pitchbook. Dallas firms invested $95 million, which marks the highest amount since 2001.

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By D.B. Hebbard

The digital content and commerce company Purch continues to grow, yesterday afternoon announcing the acquisition of ShopSavvy, a mobile shopping app. (Here is the app in the Apple App Store.)

IN September the company announced that it had acquired the loyalty platform Active Junky.

“The cornerstone of Active Junky’s model is cash back, but they also identify Deals, Special Offers, Coupons, and often work with their partners to customize special offers exclusively for Active Junky members,” said Greg Mason, CEO, Purch in September. “We believe developing these kinds of “Member” services across our portfolio of brands will augment our strategy of unifying content, commerce and community.”

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On Thursday, Purch, the online publisher announced its acquisition of ShopSavvy, a mobile shopping startup backed up by Facebook co-founder Eduardo Saverin. The financial terms of the deal were not disclosed.

Founded in 2008, ShopSavvy is one of the largest mobile shopping apps with over one million active monthly users and 30 million downloads to-date, functioning in Dallas and San Francisco. The app supports over 40,000 retailers and 100 million products with features that enable consumer to scan barcodes to search and find items at stores close by or online and compare prices, product details and review. Also, it is the first mobile shopping application that incorporated barcode scanning as its primary search mechanism. The app kickstarted after winning Google’s Android Developer Challenge in the summer of 2008.

Greg Mason, CEO of Purch strongly believes mobile app are the future of content and shopping on handheld and wearables devices and the acquisition will be an added advantage to the company’s publishing strategy to develop a loyal user base through mobile apps. He said, “2015 has been a big year for Purch and we are thrilled to close it with such a valuable addition to our portfolio of brands, services and technologies.” “We are excited about what we can do under Purch’s wing with the extra resources. We will help them with their mobile strategy as well apply our technology across their products,” said Rylan Barnes, co-founder and chief technology officer of ShopSavvy.

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By Chantal Tode

In a reflection of the convergence of content and commerce on mobile, digital publisher Purch has acquired shopping application ShopSavvy and will integrate its mobile search and deals aggregation technology into multiple sites.

ShopSavvy will bring new monetization opportunities to Purch as the role of mobile applications continues to grow for consuming content and making purchases. For Purch, which operates Web sites such as Top Ten Reviews and Tom’s Guide, the deal will accelerate its strategy of combining content and commerce into the mobile space.

“By integrating ShopSavvy’s powerful back-end mobile product search and machine-learning technology across Purch’s sites, we’re now able to provide consumers with all the information they need to find the best product, at the best price, in the most convenient way possible,” said Phil Barrett, senior vice president at Purch.

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By pymts

Purch announced Thursday (Dec. 17) that it had acquired ShopSavvy, the Android and iOS mobile shopping app that counts 1 million active monthly users to its name. With ShopSavvy as Purch’s fourth acquisition of 2015, CEO Greg Mason explained that the company could not have ended the calendar year on a stronger note.

“2015 has been a big year for Purch, and we’re thrilled to close it with such a valuable addition to our portfolio of brands, services and technologies,” Mason said in a statement. “Mobile apps are the future of mobile content and shopping. ShopSavvy supports our strategy of service-oriented publishing and building a loyal user base. Not only are we gaining an app with new monetization opportunities but also incredible talent, a powerful technology infrastructure that will be integrated across our portfolio of sites and a massive user base.”

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