Private Equity
Smilebox Inc., a Redmond, Wash.-based provider of multimedia expressions technology, has acquired Preclick Corp., a Seattle-based provider of digital photo software for companies like Wal-Mart, Cosco and SanDisk. No financial terms were disclosed. Smilebox has raised $12 million in VC funding from firms like Bessemer Venture Partners and Frazier Technology Ventures. Preclick had raised $1.6 million from LORE Associates, Mid-Atlantic Angel Group, Robin Hood Ventures and SJF Ventures.
3 min read · 11 September 2009
Apache Design Solutions, a Mountain View, Calif.-based provider of power and noise integrity solutions for chip-package-systems convergence, has acquired the assets of Sunnyvale, Calif.-based Sequence Design. No financial terms were disclosed. Apache Design has raised a small amount of VC funding from Intel Capital and PacRim Capital Management. Sequence Design had raised around $66 million, including a 2005 recap. Backers include Focus Ventures, First Plaza Group, Lake Street Capital and Performance Equity Management.
2 min read · 09 September 2009
Roamware, a San Jose, Calif.-based provider of roaming solutions for mobile communications, has acquired Macalla Inc., a provider of mobile financial services solutions for mobile banking. No financial terms were disclosed. Roamware has raised over $64 million in VC funding, from firms like DCM-Doll Capital Management, Accretive Technology Partners, Shelter Capital Partners and T-Mobile Venture Fund.
3 min read · 09 September 2009
Cell Biosciences, a Palo Alto, Calif.-based provider of nanoproteomic analysis systems to life science researchers, has agreed to acquire Alpha Innotech Corp. (OTC BB: APNO). The deal is valued at approximately $17.9 million in cash, or $1.50 per Innotech share. Cell Biosciences also announced that it has raised $19 million in new capital, via a second tranche of Series C funding and a Series D round. This brings its total funding to around $60 million, from firms like The Wellcome Trust, Domain Associates, Latterell Venture Partners, Novo A/S, Mitsui Ventures, Royal Bank of Canada and The Vertical Group. Alpha Innotech still lists several VC shareholders, following its 2005 reverse merger with Xtrana. They include BioAsia Management Investment and ETP/FBR Venture Capital.
4 min read · 09 September 2009
Boundless Network Inc., an Austin, Texas-based promotional merchandising company, has acquired Virginia-based distributor PromoCorp. No financial terms were disclosed. Boundless has raised VC funding from firms like Austin Ventures and Silverton Partners.
3 min read · 04 September 2009
Dachis Group, a business advisory acquisition platform formed last year by Austin Ventures, has acquired Headshift Ltd., a London-based social business consultancy. No financial terms were disclosed.
4 min read · 02 September 2009
Synfora Inc., a Mountain View, Calif.-based provider of algorithmic synthesis tools for IC and system designers, has bought the Esterel Studio suite of EDA tools from Esterel Technologies SA. No financial terms were disclosed. Synfora has raised around $27 million in VC funding, from firms like ATA Ventures, Foundation Capital, Wafra Partners, Xilinx and U.S. Venture Partners. Esterel Technologies backers include Galileo Partners, Eurofund, 123Ventures and La Financiere de Brienne.
3 min read · 28 August 2009
DotNetNuke, a Seattle-based developer of an open-source application framework for the Microsoft tech platform, has acquired SnowCovered, an online marketplace for DotNetNuke modules, skins, services and related product. No financial terms were disclosed. DotNetNuke has raised around $6 million in VC funding from August Capital and Sierra Ventures.
3 min read · 28 August 2009
AdMob, a San Mateo, Calif.-based mobile advertising marketplace, has acquired AdWhirl, a Menlo Park, Calif.-based developer of monetization solutions for mobile app makers. No financial terms were disclosed. AdMob has raised over $46 million in VC funding, from firms like Accel Partners, Sequoia Capital, DFJ Growth Fund and Northgate Capital AdWhirl had raised seed funding from Foundation Capital and individual angels.
1 min read · 27 August 2009
Reval, a New York-based provider of risk management and hedge accounting software, has raised $16 million in Series B funding from return backers North Bridge Venture Partners and Commonwealth Capital Ventures. In related news, Reval has acquired Fxpress Corp., a provider of treasury software to the Fortune 1000.
3 min read · 26 August 2009
