Private Equity
1 min read · 03 September 2010
ExactTarget, an Indianapolis-based maker of email marketing software, has acquired Australian reseller mPath for an undisclosed amount. ExactTarget has raised around $155 million in VC funding, from Technology Crossover Ventures, Battery Ventures, Insight Venture Partners, Ontagu Newhall and Scale Venture Partners.
3 min read · 24 August 2010
Federated Media Publishing, a Sausalito, Calif.-based operator of an advertising network for online publishers, has acquired semantic search company TextDigger. No financial terms were disclosed. Federated Media is backed by firms like Oak Investment Partners and Omidyar Network. TextDigger had raised VC funding from Intel Capital, True Ventures and CBS Interactive.
1 min read · 23 August 2010
Total Beauty Media Inc., a digital beauty publisher, has acquired Limelife, a Menlo Park, Calif.-based developer of mobile games and lifestyle applications targeted at women. no financial terms were disclosed. Total Beauty is backed by U.S. Venture Partners, while LimeLife had raised over $33 million from USVP, Rustic Canyon, Monitor Ventures, i-Hatch Ventures and Core Capital Partners.
4 min read · 20 August 2010
Chegg, an online textbook rental company, has acquired CourseRank, a Mountain View, Calif.-based provider of an online platform for college students to create and share their course schedule and write reviews of professors. No financial terms were disclosed. Chegg has raised around $144 million in private equity and debt, from groups that include Kleiner Perkins, Foundation Capital and Insight Venture Partners.
3 min read · 20 August 2010
Zynga has acquired Conduit Labs, a Cambridge, Mass.-based social gaming company. No financial terms were disclosed. Zynga has raised around $390 million in total VC funding, from Softbank, Digital Sky Technologies, Andreessen Horowitz, Tiger Global, Institutional Venture Partners, Kleiner Perkins Caufield & Byers, Union Square Ventures, Foundry Group and Avalon Ventures. Conduit Labs had raised $8.5 million from Charles River Ventures and Prism VentureWorks. www.conduitlabs.com
1 min read · 18 August 2010
2 min read · 18 August 2010
Telestream, a provider of digital media tools and workflow solutions, has agreed to acquire the video transcoding software (Anystream) division of Grab Networks, a Dulles, Va.-based provider of online video management software. No financial terms were disclosed. Tellestream backers include Hallador Venture Partners and Shaw Ventures, while Grab Networks shareholders include Softbank Capital, SCP Capital, Longworth Venture Partners and Court Square Partners.
3 min read · 16 August 2010
2 min read · 16 August 2010
Green Sky Energy, a UK energy management group, has acquired a pair of energy management systems businesses from DWEC Group. No financial terms were disclosed. Green Sky raised £10 million earlier this year from LDC.
3 min read · 09 August 2010