Private Equity
Natural Convergence Inc., an Ottawa-based provider of hosted VoIP software applications, has acquired NewStep Networks Inc., a Toronto-based provider of session management convergence solutions for carriers and enterprises. No financial terms were disclosed. Natural Convergence has raised VC funding from firms like VIMAC Ventures, Jefferson Partners, BDC Venture Capital, Dejardins, Primaxis, WesleyClover and PurpleAngel. NewStep had raised VC funding from firms like VenGrowth Private Equity Partners, BDC Venture Capital and Newbury Ventures.
3 min read · 09 June 2009
Fine Point Technologies Inc., a New York-based provider of tools for broadband network connectivity management, has acquired German telecom integrator Sonic Telecom GmbH from private equity firm Access Point LLC. No pricing terms were disclosed. Fine Point has raised VC funding from Edison Venture Fund.
2 min read · 04 June 2009
Lithium Technologies, an Emeryville, Calif.-based provider of on-demand solutions for enterprise communities, has acquired Keibi Technologies Inc., a San Francisco-based provider of automated content discovery, analysis and moderation for online communities. No financial terms were disclosed. Lithium has raised $21 million in VC funding from Benchmark Capital, Emergence Capital and Shasta Ventures. Keibi had raised around $9 million from firms like Catamount Ventures and Hunt Ventures.
3 min read · 03 June 2009
Sugar Inc., a San Francisco-based blog publisher, has raised $16 million in VC funding from return backer Sequoia Capital. The company also announced that it has bought back shares from past investor NBC Universal Digital Media, and has acquired video-powered fashion marketplace Shopflick.com.
2 min read · 02 June 2009
1 min read · 02 June 2009
3 min read · 29 May 2009
1 min read · 29 May 2009
4 min read · 28 May 2009
3 min read · 28 May 2009
3 min read · 28 May 2009
