OmniCapital, the New Jersey-based investors, will provide backing for a Series A round of financing for One on One Ads Inc., based in the same state, which provides technology for mobile and online video creation. Bill Gourgey, OmniCapital advisor and former Accenture partner, will serve on the One On One board. Specifics of the deal were not publicized.
3 min read · 21 September 2011
Julpan, the New York startup that’s barely more than a year old and analyzes social activity across the web, has been acquired by Twitter, the mega micro-messaging service. Terms of the transaction were not publicized. Ori Allon, who founded and served as CEO of Julpan, will remain on as director of engineering with Twitter.
1 min read · 21 September 2011
Andreessen Horowitz led a $40 million investment in Lookout Mobile Security, joining investors Khosla Ventures, Accel Partners and Index Ventures, VCs that also participated in the round. The new investment will be used to broaden the company's product offerings, fuel global expansion and continue building a world-class team.
4 min read · 21 September 2011
Listed, Washington-based Market Leader, the online marketing firm for real estate professionals, will acquire RealEstate.com from LendingTree LLC. While specifics of the deal were not publicized, a report online pegged the sale value at about $8 million. RealEstate.com is based in North Carolina.
5 min read · 21 September 2011
AssuredPartners, the Florida-based manager of property and casualty and employee benefits brokerage businesses, completed its deal to buy Neace Lukens, the 24th largest, private insurance broker in the U.S. with $88 million annual revenue. GTCR owns AssuredPartners. Specifics of the deal were not publicized.
3 min read · 21 September 2011
Krux Digital, the consumer data management company based in California, has raised $11 million more from investors led by Accel Partners and IDG Ventures. As part of the transaction, Arthur Patterson, Founding Partner at Accel, and Alex Rosen, Managing Director at IDG Ventures, are joining the company's Board of Directors.
3 min read · 21 September 2011
American Express, JPMorgan Chase and Citi joined together to provide Rearden Commerce, the e-retailer with $133 million in development capital, some of which was used to acquire HomeRun.com, a daily deals site. Specifics of the acquisition were not publicized. Other Rearden include Vinod Khosla and Oak Investment Partners.
3 min read · 21 September 2011
Ning, the Palo Alto-based social networking platform, has been acquired by Glam, the California-based blog publisher. Glam’s backers include Accel Partners, DFJ, and DAG Ventures, among others. Ning was backed by Marc Andreessen, Reid Hoffman and Lightspeed Venture Partners, among others.
3 min read · 20 September 2011
Norwest Venture Partners led a $22 million round in Simpirica Spine Inc., the developer of stabilization devices for the spine. Investors De Novo Ventures and U.S. Venture Partners also participated in the round. Simpirica was founded in 2006.
3 min read · 20 September 2011
FocalPoint Partners, the Los Angeles-based investment bank, added Thomas Mills to lead the development of the firm’s Chicago office. He joins as a managing director, primarily focused on the debt capital markets and special situations.
2 min read · 20 September 2011
