Limos.com has been purchased by Viperion Corporation, based in Arizona, from Nextdoor Networks, Inc., based in San Francisco. Viperion?s principle shareholder is Michael Composto, the original founder of Limos.com. ?I am extremely excited to regain strategic and operational control over Limos.com,? Composto said. ?Look forward to many new features!?
Nextdoor Networks, Inc. was reportedly acquired by another company and agreed to sell Limos.com after undergoing significant business changes. According to Composto, while under Nextdoor?s ownership, Limos.com experienced 300 percent revenue growth while maintaining profitability. ?I felt this was the opportunity of a lifetime to reclaim ownership of a company that I started five years ago,? Composto said.
Composto stated that immediate changes to Limos.com will include state level association recognition, customer reviews and black-out scheduling.