Private Equity
HERE, which is owned by Nokia, has acquired travel planning app Desti. No financial terms were disclosed. Headquartered in Menlo Park, Calif., Desti was spun out of SRI International in 2011. It was also backed by Horizons Ventures and Carmel Ventures.
2 min read · 02 June 2014
Magnetic, a digital ad tech platform, has acquired Cognitive Match. No financial terms were disclosed. Headquartered in New York, Cognitive Match is a provider of ad optimization solutions for advertisers, agencies and media sellers. Its backers included Meridian Venture Partners and Dawn Capital.
3 min read · 30 May 2014
Investment research provider Morningstar has agreed to buy HelloWallet for $52.5 million. Because Morningstar already has a minority stake in HelloWallet valued at $13.5 million, it will pay $39 million for the acquisition when it closes in the coming days. HelloWallet is a web and mobile application for employees. Its backers included Grotech Ventures and AOL founder Steve Case.
4 min read · 30 May 2014
Addiction Campuses of America has received $3.8 million in Series A funding. Fulcrum Equity Partners led the round with participation from management and Harpeth Ventures. Also, the firm has acquired addiction treatment and behavioral health providers Turning Point Recovery and Spring2Life. No financial terms were disclosed. Based in Brentwood, Tenn., Addiction Campuses of America owns and operates behavioral healthcare centers in the U.S.
3 min read · 30 May 2014
Edison Ventures has sold Uptivity to inContact. No financial terms were disclosed. Signal Hill advised Uptivity on the transaction. Based in Columbus, Ohio, Uptivity is a workforce management business.
3 min read · 30 May 2014
App Annie has closed $17 million in funding. Previous backers IDG Capital Partners, Greycroft Partners and Sequoia Capital participated in the round. In addition to the funding, the firm has acquired mobile analytics firm Distimo. No financial terms were disclosed. Headquartered in San Francisco, App Annie is a provider of app analytics and market data.
3 min read · 29 May 2014
Intuit has agreed to acquire Check for approximately $360 million. The transaction is expected to close in the fourth fiscal quarter of 2014. Based in Palo Alto, Calif., Check is an app that helps users pay bills. Its backers include Morgenthaler Ventures, Pitango Venture Capital and Menlo Ventures.
3 min read · 27 May 2014
Israeli children's app publisher TabTale has acquired Coco Play. No financial terms were disclosed. Based in Hong Kong and China, Coco Play develops educational apps and games for children. TabTale's backers include Qualcomm Ventures, Magma Venture Partners and Vintage Investment Ventures.
3 min read · 23 May 2014
Home services platform Homejoy said Thursday that it has acquired Get Maid. No financial terms were disclosed. Based in New York, Get Maid is an on-demand maid service. Homejoy's backers include Google Ventures, Redpoint Ventures, Fuel Capital, First Round Capital and Max Levchin.
2 min read · 22 May 2014
ZirMed, which is backed by Sequoia Capital, has acquired Intelligent Healthcare. No financial terms were disclosed. Based in Santa Monica, Calif., Intelligent Healthcare is a data-driven clinical integration and population health management firm.
4 min read · 22 May 2014
