CDC Software Corp. (Nasdaq: CDCS) has agreed to acquire Truition Inc., a Toronto-based provider of an SaaS ecommerce platform for retailers and brand manufacturers. No financial terms were disclosed. Truition has raised VC funding from firms like JLA Ventures and VenGrowth.
5 min read · 23 November 2009
2 min read · 23 November 2009
ExactTarget, an Indianapolis-based maker of email marketing software, has raised $70 million in new VC funding, according to a regulatory filing. This follows a $70 million round from earlier this year, and brings the company's total funding to around $155 million. ExactTarget said in a press release that it had raised an undisclosed amount of new funding from Technology Crossover Ventures, but did not say if existing shareholders also participated in the round. Those backers are Battery Ventures, Insight Venture Partners, Ontagu Newhall and Scale Venture Partners.
3 min read · 23 November 2009
DigitalBridge Communications Corp., an Ashburn, Va.-based provider of WiMax broadband service to underserved communities, has raised an undisclosed amount of new venture capital funding. Schurz Communications was joined by return backers National Rural Telecommunications Cooperative (NRTC), Paladin Capital Group, CNF Investments and Novak Biddle Venture Partners. The company previously raised over $50 million in equity funding.
3 min read · 23 November 2009
1 min read · 22 November 2009
SantoSolve AS, a Norwegian developer of pain therapeutics, has raised $5.5 million in VC funding. Backers include Teknoinvest, InnovationsKapital and Investinor.
3 min read · 22 November 2009
1 min read · 22 November 2009
1 min read · 22 November 2009
1 min read · 20 November 2009
1 min read · 20 November 2009
