Cisco has agreed to buy Tidal Software Inc., a Palo Alto, Calif.-based maker of intelligent application management and automation solutions. The deal is valued at approximately $105 million in cash and retention-based incentives. Tidal Software raised around $18 million in VC funding between 1998 and 2001, from firms like Novus Ventures, JPMorgan Partners (now managed by Panorama Capital) and VantagePoint Venture Partners.
2 min read · 09 April 2009
Piedmont Pharmaceuticals LLC, a Greensboro, N.C.-based company focused on parasitology and drug delivery systems for companion animal and human use, has raised $5 million in VC funding led by return backer CM Capital Investments (Australia).
4 min read · 09 April 2009
Basho Technologies Inc., a Cambridge, Mass.-based provider of automated sales prospecting software, has held a $2 million first close on its Series B round. Harbor Island Equity Partners led the round, and was joined by the Wilmington Investor Network.
4 min read · 09 April 2009
J.Hilburn, a Dallas-based custom luxury men's clothier, has raised an undisclosed amount of Series A funding from Battery Ventures. Battery had originally seeded the company to prove the concept, and then provided the Series A after J.Hilburn hit certain milestones.
3 min read · 09 April 2009
1 min read · 08 April 2009
CarDomain Network, an online automotive community, has acquired Atlanta-based competitor StreetFire Inc. No pricing terms of the all-stock deal were disclosed. StreetFire had raised over $7 million from firms like Lightspeed Venture Partners.
2 min read · 08 April 2009
1 min read · 08 April 2009
1 min read · 08 April 2009
Rambus Inc. (Nasdaq: RMBS) has acquired several patents from Inapac Technology Inc., a San Jose, Calif.-based provider of mobile memory solutions. No financial terms were disclosed. Inapac has raised over $38 million in VC funding, from firms like AsiaVest Partners, Saints Ventures, Hotung Group, Itochu Technology Ventures, Novus Ventures, ProMOS Technologies, Third Point Ventures and United Test & Assembly Center Inc.
3 min read · 08 April 2009
DoubleTwist, a maker of software for downloading and sharing digital content, has raised $5 million in Series B funding. Return backers Index Ventures and NorthZone Ventures were joined by Horizon Ventures, Michael Ovitz (former president of Walt Disney Co.) and Alex Zubillage (former digital strategy chief at Warner Music). www.doubletwist.com
1 min read · 08 April 2009
