Oracle Corp. has acquired the IP assets of Conformia Software Inc., a Sunnyvale, Calif.-based provider of compliance management software for regulated process industries. No financial terms were disclosed. Conformia had raised around $36 million in VC funding from firms like Sequoia Capital, Jafco Ventures, Foundation Capital, Mentor Capital Group and SAP Ventures.
2 min read · 18 June 2009
Adgregate Markets, a Sausalito, Calif.-based provider of transactional advertising technology, has acquired Gydget, a San Francisco-based social marketing platform. No financial terms were disclosed. Adgregate has raised around $2 million in VC funding from firms like Storm Ventures, while Gydget had raised around $1 million from SunBridge Partners and Felicis Ventures.
3 min read · 18 June 2009
Music Networx GmbH (a.k.a. Concert Online), a Cologne, Germany-based live music portal, has raised €3.3 million in VC funding. Earlybird led the round, and was joined by return backers like DuMont Venture and Klaus Wecken.
4 min read · 18 June 2009
1 min read · 18 June 2009
1 min read · 18 June 2009
I Love Rewards, a Toronto-based provider of employee reward, sales incentive and service award programs, has raised C$1.8 million in additional Series B funding from Ontario Venture Capital Fund. It had previously held a C$6.9 million first close led by GrandBanks Capital, with JLA Ventures and Laurence Capital also participating.
3 min read · 18 June 2009
Peter Lee has joined Los Angeles-based Baroda Ventures as a partner. He previously was an associate with Prism VentureWorks and, before that, was with Clearstone Venture Partners.
3 min read · 18 June 2009
Animoto, a New York-based video creation platform, has raised $4.4 million in second-round VC funding. Madrona Venture Group led the round, and was joined by Jeff Clavier's SoftTech VC and iStockphoto founder Bruce Livingstone. The company had previously raised around $600,000 in seed funding.
3 min read · 18 June 2009
1 min read · 17 June 2009
Lucid Imagination, a San Mateo, Calif.-based commercial open-source company focused on the Apache Lucene/Solr search technology, has raised an undisclosed amount of funding from In-Q-Tel, the CIA's venture capital arm. The company previously raised $6 million in Series A funding from Granite Ventures and Walden International.
4 min read · 17 June 2009
