TMT

Battery Ventures’ Ewen: Forterro deal resets the clock

Forterro will be able to transition its business to a subscription revenue model 'more aggressively' with Battery's reinvestment.

Synova snaps up growing SaaS provider Unity5

Unity5 has delivered a compound annual growth rate of 42% over the last three years.

Ziply Fiber collects $450m from private equity syndicate

The investors include WaveDivision Capital, Searchlight Capital Partners, PSP Investments, BCI and CPP Investments.

KKR-backed Sapphiros acquires tech manufacturer Flexotronix

Sapphiros is a consumer diagnostics company.

Apollo-backed Yahoo acquires news rating company The Factual

Arjun Moorthy, CEO and co-founder of The Factual, and Ajoy Sojan, CTO and co-founder, will join Yahoo and take on product and engineering leadership roles in the organization.

Kelso buys IT consulting services provider Emtec

Emtec’s existing management team, led by CEO Sunil Misra, will continue to lead the business going forward and remain significant investors in the company alongside Kelso.

Francisco Partners invests in financial cybersecurity services firm Drawbridge

The investment will be used by Drawbridge for expansion and product development.

XanEdu forms Scholarus learning

Also, XanEdu has acquired PLC Associates, which is backed by Frontenac.