Private Equity
Consona Corp., Indianapolis-based provider of enterprise customer management and process solutions, has acquired Compiere Inc., a provider of cloud-based, open-source ERP and CRM software. No pricing terms of the all-stock deal were disclosed. Consona is owned by Battery Ventures and Thoma Bravo, while Compiere had raised venture capital from New Enterprise Associates.
4 min read · 18 June 2010
Violin Memory, a Mountain View, Calif.-based developer of Flash memory enterprise systems, has acquired the technology assets of Gear6, a developer of storage caching solutions. No financial terms were disclosed. Violin Memory has raised over $16 million from Toshiba Corp., while Gear6 raised more than $24 million from Horizon Ventures, U.S. Venture Partners and InterWest Partners
2 min read · 16 June 2010
Adenyo (f.k.a Silverback Media), a Toronto-based provider of mobile marketing software, has acquired IP, software assets and a specialized business unit from KinetX, an aerospace engineering consulting and contracting company. No financial terms were disclosed Adenyo recently raised US$26.9 million in financing led by Genuity Capital Markets, and also acquired VC-backed mobile ad company MoVoxx.
3 min read · 15 June 2010
Komli Media, an Indian digital media network platform, has acquired PostClick, an Australian website representation firm. No financial terms were disclosed. Komli Media has raised over $9 million from Draper Fisher Jurvetson, Helion Venture Partner and Nexus Venture Partners.
4 min read · 11 June 2010
CrimeReports.com, a Salt Lake City-based provider of online crime-mapping solutions, has acquired TipSoft, a police tip acquisition and intelligence management tool for law enforcement. No financial terms were disclosed. CrimeReports has raised over $7.2 million from Austin Ventures and vSpring Capital.
3 min read · 11 June 2010
Sugar Inc., a San Francisco-based blog publisher, has acquired FreshGuide Inc., operator of an online coupon site focused on urban women. No financial terms were disclosed. Sugar has raised over $30 million from firms like Sequoia Capital, while FreshGuide recently raised seed funding from Baseline Ventures, NBC Universal, Hatch Ventures and Ron Conway’s SV Angel fund.
3 min read · 09 June 2010
Six Apart, a San Francisco-based provider of blogging software and services, has acquired NaturalPath Media, an online advertising and media network for sustainable, healthy and conscious lifestyles. No financial terms were disclosed. Six Apart has raised around $22 million in VC funding from August Capital, Focus Ventures and Intel Capital
3 min read · 08 June 2010
Zynga has acquired Challenge Games, an Austin, Texas-based social gaming company responsible for Duels and Baseball Boss. No financial terms were disclosed. Challenge Games had raised $14.5 million in VC funding from Globespan Capital Partners and Sequoia Capital. Zynga has raised around $240 million in total VC funding, from Digital Sky Technologies, Andreessen Horowitz, Tiger Global, Institutional Venture Partners, Kleiner Perkins Caufield & Byers, Union Square Ventures, Foundry Group and Avalon Ventures.
2 min read · 04 June 2010
Clovis Oncology has signed a development and commercialization agreement for Avila Therapeutics' epidermal growth factor receptor (EGFR) mutant-selective inhibitor (EMSI) program, which is in pre-clinical development for the treatment of non-small cell lung cancer. Avila will receive up to $209 million in up-front and clinical milestone payments, plus possible royalty and sub-licensing fees. Clovis Oncology last year raised $146 million in Series A funding from Domain Associates, New Enterprise Associates, Versant Ventures, Aberdare Ventures, Abingworth, Frazier Healthcare Ventures and ProQuest Investments. Avila Therapeutics has raised over $51 million from The Novartis Option Fund, Abingworth Management, Advent Venture Partners, Atlas Venture and Polaris Venture Partners.
5 min read · 25 May 2010
The Rubicon Project, a Los Angeles-based provider of an Internet advertising platform, has acquired SiteScout, a Seattle-based provider of malware security technology. No financial terms were disclosed. Rubicon Project has raised has raised $42 million in equity and debt funding, from firms like Clearstone Venture Partners, Mayfield Fund, Peacock Equity, IDG Ventures Asia and Silicon Valley Bank.
4 min read · 25 May 2010