Private Equity
Bit9 has closed $38.25 million in funding and merged with Carbon Black. Existing investor Atlas Venture led the round with participation from .406 Ventures, Highland Capital Partners, Kleiner Perkins Caufield & Byers, Sequoia Capital and previous Carbon Black backer Blackstone. The combined company will retain the Bit9 name. Based in Austin, Carbon Black is a cybersecurity company while Bit9 is a provider of advanced threat protection solutions for endpoints and servers.
6 min read · 14 February 2014
Yahoo has acquired Distill, the latter announced on its site. No financial terms were disclosed. Based in San Francisco, Distill is a provider of hiring and recruiting solutions. Its backers include Felicis Ventures and DN Capital. To read the announcement, visit here.
1 min read · 14 February 2014
Agenus has completed its acquisition of 4-Antibody AG. The transaction, which consisted of Agenus buying all outstanding stock of 4-Antibody for approximately 3.3 million shares of Agenus common stock, could surpass $40 million. Also, Dr. Shahzad Malik, general partner at Advent Venture Partners, will join Agenus’ board of directors after the deal closes. Based in Europe, 4-Antibody AG, which is backed by Advent Venture Partners, is a biopharmaceutical company. Agenus is backed by Iroquois Capital, Downsview Capital and Hudson Capital.
3 min read · 13 February 2014
Mallinckrodt plc has agreed to acquire Cadence Pharmaceuticals for $14 per share or approximately $1.3 billion. Deutsche Bank Securities is advising Mallinckrodt on the transaction while Lazard and Centerview Partners are advising Cadence Pharmaceuticals. Based in San Diego, Cadence is a biopharmaceutical company. Its backers include Domain Associates, Frazier Healthcare Ventures, Wellington Management, Versant Ventures, Bay City Capital and NEA.
7 min read · 11 February 2014
Integral Ad Science, a provider of advertising intelligence for digital media buyers and sellers, has acquired Simplytics. No financial terms were disclosed. Based in the UK, Simplytics is a mobile ad server and analytics platform. Integral Ad Science's backers include August Capital, Founder Collective, Atlas Venture and Pelion Venture Partners.
3 min read · 11 February 2014
OpenTable has acquired Ness Computing. The transaction is for approximately $17.2 million in cash, or $11.3 million net of estimated Ness cash. Based in Los Altos, Calif., Ness Computing is a provider of mobile personalized restaurant recommendations. Its backers include Khosla Ventures, Alsop Louie Partners, Bullpen Capital, TomorrowVentures and American Express.
3 min read · 07 February 2014
LinkedIn, the professional online network, has agreed to acquire Bright. The transaction, which is expected to close during the first quarter of 2014, is valued at approximately $120 million. Based in San Francisco, Bright uses data and technology to connect job candidates with potential employers. It is backed by Toba Capital and Passport Capital.
2 min read · 07 February 2014
EN Engineering, a portfolio company of CIVC Partners, has acquired Russell Corrosion Consultants. No financial terms were disclosed. Headquartered in Columbia, Maryland, RCC is a corrosion control engineering and consulting firm.
3 min read · 06 February 2014
TakeLessons, an online marketplace for qualified and vetted teachers, said Wednesday that it has acquired Betterfly. No financial terms were disclosed. Betterfly, which is backed by Lightbank, is an online lesson facilitator. TakeLessons' backers include Crosslink Capital, SoftTech VC, Siemer Ventures and Triangle Peak Partners.
2 min read · 05 February 2014
Yahoo has acquired Incredible Labs, developer of the personal assistant app Donna, VentureBeat reported. No financial terms were disclosed. Donna will shut down after the deal closes. Incredible Lab's backers include Khosla Ventures, Betaworks, Maynard Webb, CrunchFund and actor Ashton Kutcher.
1 min read · 31 January 2014
