Private Equity
FilmTrack has raised $10 million in Series B funding. Previous investors Insight Venture Partners and Dave Goldberg, founder of music licensing software platform Dashbox, led the round with participation from FilmTrack founders Jason and Stephen Kassin. In conjunction with the funding, Goldberg has been added to FilmTrack's board of directors. Also, FilmTrack has acquired Dashbox. No financial terms were disclosed. Based in Studio City, Calif, FilmTrack is a provider of content and rights management for the film and television industry.
3 min read · 05 November 2014
AssuredPartners, a portfolio company of GTCR, has acquired Premiere Coastal Insurance Group. No financial terms were disclosed. Based in Bluffton, South Carolina and St. Simons Island, Georgia, Premiere Coastal specializes in providing insurance for executive and high net worth individuals, businesses, and the aviation sector.
2 min read · 05 November 2014
Zipmark has agreed to buy WorkingPoint. No financial terms were disclosed. WorkingPoint is a provider of accounting and billing solutions for small to mid-sized businesses. Zipmark's backers include Village Ventures, Contour Venture Partners, NYC Seed, High Peaks Venture Capital, Scout Ventures and the New York City Investment Fund.
3 min read · 04 November 2014
New York-based SheKnows Media, a media company focused on women’s lifestyle, on Monday announced its acquisition of BlogHer Inc, a San Mateo, Calif.-based provider of an online network for women. SheKnows, which is a portfolio company of Great Hill Partners, said the companies will immediately combine, creating 75.3 million un-duplicated unique visitors per month. BlogHer had raised more than $15 million in funding from Venrock, Peacock Equity and NBC Universal. The acquisition price was undisclosed, although AdAge reported it to be between $30 million and $40 million.
7 min read · 04 November 2014
RTL Group has acquired a majority stake in StyleHaul for $107 million. This transaction is expected to be completed by the end of November. StyleHaul is a YouTube network for fashion and beauty. StyleHaul's backers included Bertelsmann, Wavemaker Partners, Juvo Capital and RezVen Partners.
3 min read · 03 November 2014
Social Reality, a Los Angeles-based internet advertising firm, has received $25 million in funding. Victory Park Capital provided a $20 million credit facility while Siskey Capital and other previous backers provided $5 million in equity financing. Also, Social Reality has acquired Steel Media, a digital ad inventory provider. No financial terms were disclosed for this transaction. And, Social Reality has named Richard Steel as president and Chad Holsinger as chief revenue officer.
5 min read · 03 November 2014
Abbott has agreed to buy Topera, which is backed by New Enterprise Associates, for $250 million. Based in Menlo Park, Calif., Topera is a medical device firm focused on developing technologies that improve the diagnosis and treatment of atrial fibrillation.
5 min read · 30 October 2014
P.S. XO, an e-commerce company co-founded by actress Soleil Moon Frye, has merged with toy and craft brand Seedling. The combined company, which will be known as Seedling, has also raised $7 million in new funding from Upfront Ventures and Greycroft Partners. In addition to the funding, Kara Nortman, a co-founder of P.S. XO, has been added to Seedling's board and will serve as its chair.
3 min read · 29 October 2014
Brickstream has bought Nomi, a New York City-based location analytics firm. No financial terms were disclosed. Nomi's backers included Accel Partners, First Round Capital, CAA Ventures, SV Angel, Forerunner Ventures and Greycroft Partners.
2 min read · 29 October 2014
MegaChips Corp has agreed to buy semiconductor firm SiTime Corp. for $200 million in cash. The deal is slated to close in November 2014. Needham & Company provided financial advice to SiTime on the transaction. SiTime's backers included Innovative Venture Fund and SMBC Venture Capital.
4 min read · 29 October 2014
