Workday to acquire online procurement platform Scout RFP for $540M

November 5, 2019

Workday announced this afternoon that it has entered into an agreement to acquire online procurement platform Scout RFP for $540 million. The company raised more than $60 million on a post valuation of $184.5 million, according to PitchBook data. Read more…

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Cleveland startup Axuall Inc. closes $3 million round of seed financing

October 6, 2019

Axuall Inc., a Cleveland startup that’s developing a blockchain-based digital network for verifying identity, credentials and authenticity in real time, announced on Wednesday, Sept. 25, that it has closed a $3 million seed financing round. The lead investor in the round was nonprofit business accelerator and investor JumpStart Inc. of Cleveland. Also participating were Zapis Capital Group, M25, North Coast Angel Fund, Kettledrum […]

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Groupmatics is tool for star-studded events

July 21, 2019

There are quite a few reasons why the MLB All-Star Game’s return to Cleveland in July was special for Matt Mastrangelo. The Groupmatics founder and CEO is a Northeast Ohio native who got his start in sales as an account executive with the Cleveland Indians in 2005. Read more…

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Lakewood City Council approves Lake Avenue cluster home project at old gas station site

July 17, 2019

LAKEWOOD, Ohio — City Council last night (July 15) unanimously approved WXZ Development’s plans to demolish the closed Marathon gas station on Lake Avenue and construct new cluster homes. Read more…

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Scout RFP Receives Recognition as Industry Leader

July 10, 2019

Scout RFP, the company that is reinventing Sourcing and Procurement, is pleased to announce CIO Applications has chosen it as one of the Top 10 Auction Software Solution Providers 2019. The positioning is based on an evaluation of Scout’s in-depth capabilities in the Auction Software Industry. The annual list of companies is selected by a panel […]

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93.1 FM’s Former Owner Lee Zapis Tells the Story of How WZAK Went to No. 1

June 19, 2019

Lee Zapis developed a love of music at an early age. His father, Xen Zapis, had a huge record collection in his basement in Rocky River, where Lee and his sister, Maria, grew up, and the siblings would often sift through it. Read more…

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WZAK’s rise in Cleveland radio documented in new book

June 18, 2019

A new book, “WZAK: Change Is On The Air,” tells the story of WZAK FM 93.1’s evolution from an ethnic, nationality-based radio station in the 1960s, to one of the most popular urban radio stations in the country in the 1980s. Read more…https://www.cleveland.com/entertainment/2019/06/wzaks-rise-in-cleveland-radio-documented-in-new-book.html

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Cornelius Gould Joins Futuri Media

May 16, 2019

Cleveland-based SaaS technology developer Futuri Media has tapped an audio processing guru to serve as senior vice president of R&D and innovation. Cornelius “Corny” Gould will tackle the newly created role, which Futuri says will involve “leading the development of new Futuri products, performing research and testing on product concepts, and continuously evolving the feature set and […]

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Acquisition Strategy: Have Discipline, Retain Talent And Avoid Dishonest Negotiators

April 22, 2019

Respect the process. It’s a simple request, but one that Lee Zapis expects adherence to when he’s negotiating an acquisition. “I want to like the person I’m investing in,” says Zapis, co-founder and president at Zapis Capital Group. “I don’t want to go someplace and think this guy is full of shit. I don’t need […]

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Developer planning cluster homes to replace Lake Avenue gas station in Lakewood

February 27, 2019

Fairview Park-based developer WXZ Development has announced plans to demolish the currently closed Marathon gas station on Lake Avenue in order to build new cluster homes. Read more…

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