Progressive Movement News / July 15, 2016

For and tinyGive, NMV Investment Pays Off

In a move that New Media Ventures’ Julie Menter writes “may be the first time in history a venture-backed tech startup with a black female founder on board has been acquired by a NASDAQ traded company,” the philanthropic software company Blackbaud has purchased NMV portfolio company It’s the second success story of the week so far, as Innovation Fund grantee tinyGive was acquired by social-digital incubator GiveLively.

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