Pleasant Ridge-based ePrize has acquired
Mozes, a Silicon Valley-based start-up that specializes in mobile technology. The acquisition is the third in 18 months for ePrize, and more are on the horizon for the digital engagement software firm.
"We have a number of acquisitions targeted," says
Matt Wise, CEO of
ePrize.
Mozes' technology engages live audiences at concerts, sporting events and in television broadcast through social and location-based experiences, making it an attractive target for
ePrize's efforts to expand its mobile capabilities. The 14-year-old firm (ePrize) plans to retain Mozes' staff and offices in Palo Alto and Nashville but will absorb the Mozes brand into its own operations.
Catterton Partners, a private-equity firm, acquired ePrize last year. That allowed the tech company to hire 60 people in the last year, expanding its staff to more than 400 employes and about 20 interns.
"It's been a great success story and we look forward to continuing that in the future," Wise says.
Source: Matt Wise, CEO of ePrize
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
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