BRAIN Staff
All articles by BRAIN Staff
MONTRÉAL (BRAIN) — Lightspeed POS Inc. has closed a $166 million Series D investment led by Caisse de dépôt et placement du Québec, with participation from Investissement Québec, iNovia Capital and a credit line from Silicon Valley Bank.
The investment brings the total amount invested to $292 million.
NEW YORK (BRAIN) — Hearst has agreed to acquire the magazine and book businesses of Rodale, the parent of Bicycling magazine and 92 other titles.
SAN FRANCISCO (BRAIN) — Ofo, a dockless bike share platform, has hired former Uber manager Chris Nakutis Taylor to run its U.S. business.
Ofo operates in 180 cities in 16 countries. It has launched in the U.S. in Seattle; Washington, D.C.; Worcester and Revere, Mass.; and Aurora, Colo.
PARK CITY, Utah (BRAIN) — Park City Bike Demos, a "prototype location" for a retail concept that plans to expand nationally, has hired two new employees.
SAN FRANCISCO (BRAIN) — DZR has introduced two new limited edition shoes: The Reflective and The Valencia. The DZR clipless cycling shoes have variable flex shank technology, a sturdy heel stabilizer and recessed SPD cleat design that transitions from walking to riding.
ALISO VIEJO, Calif. (BRAIN) — Distributor Highway Two has promoted four people within the company and added a new hire.
BERKELEY, Calif. (BRAIN) — The National Interscholastic Cycling Association has reached a new agreement with Club Ride, the Idaho-based apparel brand.
CHICAGO (BRAIN) — Organizers of the 2018 CABDA Expo opened registration for dealers on Monday.
RAPID CITY, S.D. (BRAIN) — Strider is launching a new balance bike that quickly converts to a pedal bike when a child is ready.
The Strider 14x Sport comes with the Easy-Ride Pedal Kit, which the company said can be installed in five minutes with one bolt.
LAGUNA HILLS, Calif. (BRAIN) – Bicycle Retailer & Industry News and PeopleForBikes are collecting new listings and updates for the 2018 Industry Directory.
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