Private Equity
ThredUp, a Cambridge, Mass.-based online kids clothing exchange, has raised $1.7 million in first-round funding. Trinity Ventures led the round, and was joined by Founder Collective, High Line Ventures and NextView Ventures.
2 min read · 07 July 2010
AudienceScience Inc., a New York-based provider of behaviorally-targeted audience analytics for Web advertising, has agreed to acquire Germany-based Wunderloop. No financial terms were disclosed. AudienceScience has raised over $100 million in VC funding from Mayfield Fund, Mohr Davidow Ventures, Meritech Capital Partners and Integral Capital Partners.
2 min read · 07 July 2010
SafetyWeb, a Denver-based company that helps parents monitor their childrens' social networking activity in real-time, has acquired Odojo, provider of a parent monitoring service focused on social networks. No financial terms were disclosed. SafetyWeb has raised over $8 million in VC funding from Battery Ventures and First Round Capital.
3 min read · 07 July 2010
Lockerz.com, a Seattle-based invite-only social commerce site for the 13-30 demographic, has raised an undisclosed amount of venture capital from Kleiner Perkins Caufield & Byers and Liberty Media.
4 min read · 07 July 2010
AdSafe Media, a New York-based provider of rating standards for online media, has raised nearly $7.3 million in new VC funding, according to a regulatory filing. Atlas Venture led the round, with return backer Founder Collective also participating. Board members include Fred Destin of Atlas and Eric Paley of Founder Collective.
3 min read · 07 July 2010
EMC Corp. (NYSE: EMC) has agreed to acquire Greenplum, a San Mateo, Calif.-based provider of data warehousing software. No pricing terms of the all-cash deal were disclosed. Greenplum has raised over $125 million in VC funding, from Meritech Capital Partners, Sun Microsystems, SAP Ventures, EDF Ventures, Hudson Venture Partners, Sierra Ventures, Dawntreader Fund and Mission Ventures.
3 min read · 07 July 2010
Webroot Software Inc., a Boulder, Colo.-based provider of SpySweeper security software, has acquired BrightCloud, a San Diego-based provider of Web content classification and security services. No financial terms were disclosed. WebRoot raised $109 million in VC funding in 2005 from Accel Partners, Mayfield Fund and Technology Crossover Ventures.
2 min read · 07 July 2010
Alcon Inc. (NYSE: ACL) has agreed to acquire LensX Lasers Inc., an Aliso Viejo, Calif.-based maker of cataract surgery lasers. The deal includes a $361.5 million up-front cash payment, plus up to $382.5 million in milestone payments. LensX has raised nearly $32 million in VC funding from Versant Ventures, InterWest Partners and SV Life Sciences. The LenxX founding team is the same group that founded IntraLase, a VC-backed company acquired by AMO in 2007 for $808 million.
3 min read · 07 July 2010
1 min read · 06 July 2010
Abound Solar, a Ft. Collins, Colo.-based thin-film photovoltaic module maker, said that the U.S. Department of Energy has offered a conditional commitment for a $400 million, seven-year loan guarantee to expand the company's solar module manufacturing capabilities. Abound Solar has raised over $100 million in VC funding from DCM, Technology Partners, GLG Partners, Bohemian Cos. and Invus LP.
2 min read · 06 July 2010