Hotelscombined.com

Envato founders exit in $373 million Shutterstock deal

Shutterstock is buying creative marketplace Envato for US$245 million (A$373m), with completion expected in the third quarter, closing out an 18-year run for its three cofounders.

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Investible backs manufacturing software startup Factory.app's $1 million Seed round

Sydney software firm Factory.app has banked a $1.05 million seed round, Investible leading alongside angel and venture backers, to digitalise manufacturing workflows for small fabricators before expanding overseas.

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Ignition Lane's Weekly Wrap: MyDeal and Adore hit the ASX, the Future Fund takes a hit on Quibi

Ignition Lane's weekly roundup reports MyDeal and Adore Beauty listing on the ASX, Rokt's US$80 million Series D, several trans-Tasman raises, Quibi shutting down, Westpac trimming its Zip stake, and local executive appointments.

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Former Hotelscombined.com boss Hichame Assi is replacing Collis Ta’eed as Envato CEO

Envato has named travel industry executive Hichame Assi as its new CEO after a year-long search, succeeding founder Collis Ta'eed, who steps back from operations but stays as chair of the Melbourne marketplace.

Recruitment startup bags $1.1 million in seed funding, but growth plans are “out the window”

Recruitment testing startup alooba has raised $1.1 million in seed funding from angel investors, giving founder Tim Freestone runway to survive the coronavirus downturn, while the article also recalls HotelsCombined's acquisition by Booking.com.

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