With A Focus On Growth, GlassesDirect Owner Prescription Eyewear Raises $19.3M, Uses The Bulk To Buy Contact Lens Specialist LensOn

lenson refresh your eyes!

Some “focus” and consolidation afoot in the world of online eyewear sales. Prescription Eyewear, the parent company of GlassesDirect.com, high-end myOptique.com and SunglassesShop.com, has acquired LensOn.com, a Northern European leader in selling contact lenses online.

The financial terms of the deal were not directly disclosed, but to facilitate the acquisition, Prescription Eyewear has raised an additional £12 million ($19.3 million) from Index Ventures and other investors, and ...

Read the source article

Other articlesgo to homepage

ScribbleLive Closes $12M Series C, Eyes Acquisitions And International ExpansionComments Off

ScribbleLive-logo500px ScribbleLive is today announce the closing of a $12 million Series C investment led by WIN (Waterloo Innovation Network) Fund with all of the company’s existing investors also participating. The company plans to use the cash injection to open new international offices and execute strategic acquisitions. Read More

How The Mighty Eagle Is Fallen — Rovio Announces LayoffsComments Off

Screen Shot 2014-10-02 at 11.52.24 Rovio Entertainment, the Finland-based maker of Angry Birds, among other games, is laying off 130 people, or 16% of its current workforce. The move comes because — you probably guessed this — it’s biggest game has gone off the boil and the newer games it’s producing are not taking up the slack, thus growth has been slower than they thought. In a blog post today CEO… Read More

Wonga Writes Off 330,000 Debts To People It Should Never Have Lent Money ToComments Off

 Payday loans startup Wonga has agreed to entirely write off the debts of 330,000 customers after the UK regulator found its affordability checks were inadequate. Read More

Twitter UK TV Ratings Go Live This Month, The First Of 6 New Markets With KantarComments Off

twitter tv Twitter is today putting in place the latest piece of its global “social TV” strategy, which involves measuring how its users share and discuss TV programs and related content on Twitter’s network. Twitter is turning on TV ratings in the UK, in partnership with WPP subsidiary Kantar Media. The service — which includes a variety of metrics, the creation of a… Read More

Musikki Secures Seed Cash To Aim At Being The IMDB Of MusicComments Off

A new music-tech startup, Musikki, which calls itself the ‘IMDB of music’ has secured €330,000 in funding from Smart Equity, a business angel investment vehicle in London. On the consumer side, London-based Musikki competes with Allmusic, Discovr, Echonest and Rovi on the data and B2B side. Musikki is based on a proprietary algorithm that matches music data, content and… Read More

read more
Facebook Twitter RSS


Ext. 1 - Leave a Message Line |Ext. 2 - Join us On-Air |Ext. 3 - Business Office | Ext. 4 - Sales |Ext. 6 - Small Business RX


AM1100 The Flag

The 50,000 watt blow torch of the prairie: AM1100 The Flag. Proudly owned and operated by the Bakken Beacon Media network.
Prize Disclaimer