Waterloo-based Rebellion Media has acquired Incentivibe, marking the first acquisition from Communitech’s year-old HYPERDRIVE startup accelerator program.

The news comes as HYPERDRIVE opens applications for its third cohort. The deadline for applying is May 31.

Incentivibe is a platform that allows small and medium-sized companies to pool resources and give away expensive prizes for a fraction of their actual cost, enabling them to compete against much larger entities for customers.

More information about the acquisition can be found on Rebellion’s website, and on the HYPERDRIVE blog.

About The Author

Anthony Reinhart
Director, Editorial Strategy

Anthony Reinhart is a veteran journalist who left the Globe and Mail to join Communitech in 2011. Tony has covered everything from crime, politics and courts to business, the arts and sports, and his writing has won numerous journalism awards. He is Communitech's Director of Editorial Strategy and senior staff writer.