Private Equity
Quest Software Inc. (Nasdaq: QSFT) has agreed to acquire Surgient Inc., an Austin, Texas-based provider of private cloud automation software. No financial terms were disclosed. Surgient has raised around $100 million in VC funding, from Austin Ventures, Crosslink Capital, Goldman Sachs, BlueStream Ventures, Seaport Capital, Sternhill Partners, Rod Canion, Reed Hundt, Tom Merideth and Bill Joy.
3 min read · 02 August 2010
1 min read · 01 August 2010
1 min read · 30 July 2010
1 min read · 30 July 2010
1 min read · 30 July 2010
IBM Corp. has agreed to acquire Storwize Inc., a Marlborough, Mass.-based data storage company. No financial terms were disclosed, although earlier press reports pegged the price at around $140 million. Storwize has raised around $28 million in VC funding from Sequoia Capital, Bessemer Venture Partners, Tenaya Capital, Tamares Group and Tokyo Electron Device.
4 min read · 29 July 2010
Morega Systems, a Mississauga, Ontario-based developer of media mobility solutions for the digital home, has raised US$10 million in Series B funding. Celtic House Venture Partners and GrowthWorks co-led the round, and were joined by the Ontario Emerging Technologies Fund.
3 min read · 29 July 2010
Pelican Imaging Corp., a Mountain View, Calif.-based company focused on commercializing computational cameras, has raised an undisclosed amount of VC funding from In-Q-Tel. It previously raised $7 million from Granite Ventures and InterWest Partners. www.pelicanimaging.com
3 min read · 29 July 2010
Kenshoo, an Israel-based provider of online demand generation SaaS solutions for the enterprise and local markets, has raised an undisclosed amount of funding from return backer Sequoia Capital.
3 min read · 29 July 2010
HemaQuest Pharmaceuticals, a Newton, Mass.-based developer of small-molecule therapeutics to treat serious blood disorders, has raised $4 million in new Series B funding from Latterell Venture Partners. The company previously held a $12 million first close on the round, from Aberdare Ventures (lead), De Novo Ventures, Forward Ventures and Lilly Ventures. It has now raised a total of $36 million.
2 min read · 29 July 2010
