Private Equity
Intellikine Inc. has sold global development and commercialization rights to its portfolio of inhibitors of the delta and gamma isoforms of phosphoinositide-3-kinase Infinity Pharmaceuticals Inc. (Nasdaq: INFI). The deal could be worth upwards of $488.5 million, including a $13.5 million up-front payment. Intellikine has raised over $63 million in VC funding from Abingworth, CMEA Capital, Novartis Bioventures, U.S. Venture Partners, Biogen Idec, FinTech Global Capital and Sofinnova Ventures.
5 min read · 09 July 2010
AudienceScience Inc., a New York-based provider of behaviorally-targeted audience analytics for Web advertising, has agreed to acquire Germany-based Wunderloop. No financial terms were disclosed. AudienceScience has raised over $100 million in VC funding from Mayfield Fund, Mohr Davidow Ventures, Meritech Capital Partners and Integral Capital Partners.
2 min read · 07 July 2010
SafetyWeb, a Denver-based company that helps parents monitor their childrens' social networking activity in real-time, has acquired Odojo, provider of a parent monitoring service focused on social networks. No financial terms were disclosed. SafetyWeb has raised over $8 million in VC funding from Battery Ventures and First Round Capital.
3 min read · 07 July 2010
Webroot Software Inc., a Boulder, Colo.-based provider of SpySweeper security software, has acquired BrightCloud, a San Diego-based provider of Web content classification and security services. No financial terms were disclosed. WebRoot raised $109 million in VC funding in 2005 from Accel Partners, Mayfield Fund and Technology Crossover Ventures.
2 min read · 07 July 2010
RGB Networks, a Sunnyvale, Calif.-based provider of network video processing solutions, has acquired RipCode Inc., a Dallas-based provider mobile IP video solutions. No financial terms were disclosed. RGB Networks has raised over $52 million in VC funding, from Accel Partners, Comcast Interactive Capital, Kleiner Perkins Caufield & Byers, Focus Ventures and Institutional Venture Partners. Ripcode had raised around $38 million from Granite Ventures, Hunt Ventures, El Dorado Ventures, Vesbridge Partners and ATA Ventures.
4 min read · 25 June 2010
Playdom, a Mountain View, Calif.-based social gaming company, has acquired Hive7, which buildsd games played on Facebook and other social networks. No financial terms were disclosed. Playdom has raised $80 million in VC funding, including $33 million earlier this week. Backers include Bessemer Venture Partners, Steamboat Ventures, New World Ventures, New Enterprise Associates, Lightspeed Venture Partners and Norwest Venture Partners. Hive7 had raised venture capital from True Ventures.
2 min read · 25 June 2010
EDGAR Online Inc. (Nasdaq: EDGR) has agreed to acquire UBmatrix Inc., a provider of XBRL-based software solutions for global organizations and enterprises. EDGAR Online shareholders include Bain Capital Ventures, while privately-held UBmatrix backers include Draper Fisher Jurvetson and the Meteor Group. The deal is valued at around $7.6 million in stock, including an agreement by UBmatrix shareholders to invest an additional $2 million into the combined company.
6 min read · 24 June 2010
1 min read · 24 June 2010
Trustwave Corp., an Annapolis, Md.–based provider of on-demand data security and payment card industry compliance management solutions, has Breach Security, a Carlsbad, Calif.-based provider of provider of web application firewall technology. No financial terms were disclosed. Trustwave raised $10 million from FTV Capital in 2004, while Breach Security raised over $48 million from firms like Evergreen Venture Partners, Enterprise Partners Venture Capital and Sid R. Bass Associates. VentureWire reports that Sid R. Bass Associates was the only remaining VC shareholder in Breach Security, having bought out both Evergreen and EPVC.
4 min read · 23 June 2010
Adknowledge, a Kansas City-based provider of behavioral online advertising solutions, has acquired Hydra Group, a Beverly Hills, Calif.-based premium CPA performance marketing network. No financial terms were disclosed. Adknowledge raised $48 million in funding in 2006 from Technology Crossover Ventures.
4 min read · 21 June 2010
