Private Equity
IBM has agreed to buy Coremetrics Inc., a San Mateo, Calif.-based provider of Web analytics software. No financial terms were disclosed. Coremetrics has raised around $167 million in VC funding since 1999. Current shareholders include Accel Partners, FTV Capital, Highland Capital Partners, and W Capital Partners.
5 min read · 15 June 2010
Adenyo (f.k.a Silverback Media), a Toronto-based provider of mobile marketing software, has acquired IP, software assets and a specialized business unit from KinetX, an aerospace engineering consulting and contracting company. No financial terms were disclosed Adenyo recently raised US$26.9 million in financing led by Genuity Capital Markets, and also acquired VC-backed mobile ad company MoVoxx.
3 min read · 15 June 2010
Nexon Corp. has acquired a 67% stake in online game developer Ndoors, from shareholders that include VC firm Walden International (13% stake).
2 min read · 15 June 2010
Eric Carlborg has joined VC firm August Capital to focus on later-stage investments. He previously was with Continental Investors.
1 min read · 15 June 2010
Axtria Inc., an Indian developer of sales and marketing analytics, has raised $2.5 million in Series A funding led by Sequoia Capital India.
3 min read · 15 June 2010
Netuitive Inc., a Reston, Va.-based provider of real-time analysis software for business service management, has raised $10 million in new VC funding. Rembrandt Venture Partners was joined by return backer MK Capital. The company previously raised over $27 million from MK, Cross Creek Capital, Bessemer Venture Partners, Columbia Capital, Flagship Ventures, Noro-Moseley Partner and Thomas Weisel Venture Partners.
3 min read · 15 June 2010
PicoChip, a Bath, England-based provider of signal processing products for wireless communications, has raised $20 million in sixth-round funding. Return backers include Atlas Venture, Highland Capital Partners, Intel Capital, Pond Ventures, Rothschild, Samsung and Scottish Equity Partners. The company previously raised over $84 million.
4 min read · 15 June 2010
1 min read · 15 June 2010
1 min read · 15 June 2010
TerraPower LLC, a Bellevue, Wash.-based developer of new options for nuclear energy production, has raised $35 million in Series B funding. Backers include Charles River Ventures, Khosla Ventures, Nathan Myhrvold and Bill Gates.
2 min read · 14 June 2010
