Tuesday, February 21, 2012

Serial Entrepreneur & GetTaxi Co-Founder?s ?Loyalize? Acquired for $5M

Shahar SmirinLoyalize, a social TV audience platform, has been been acquired by Function(X) for $5M in cash and stock. The company intends to integrate Loyalize into Viggle, a television loyalty product designed for iOS devices. Loyalize was founded by serial-entrepreneur Shahar Smirin whose current flagship project is GetTaxi, which former TechCrunch Editor Sarah Lacy called 'Way Beyond Uber'. Smirin, along with his GetTaxi co-founder, Roi More, are also the founding duo of Vigoda.ru, a major daily deal site in Russia and the Ukraine with expected revenues for 2012 in the range of $200-250M.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/yVqI8F7d98I/

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