Chockstone Acquires Peppercoin

Chockstone Inc. has acquired Peppercoin Inc., a Waltham, Mass.-based provider of card-based merchant loyalty programs and related consulting and analytical services. No financial terms were disclosed. Peppercoin had raised over $24 million in VC funding since 2002, from firms like MIT, POD Holdings, Total Technology Ventures, Pangaea Ventures and Allianz Private Equity Partners.