Private Equity
Pantheon has acquired StagingPilot, a provider of website update automation solutions. No financial terms were disclosed. Pantheon is backed by Sageview Capital, Foundry Group, Scale Venture Partners and Industry Ventures.
2 min read · 30 May 2019
Cybersecurity firm Palo Alto Networks has agreed to acquire Twistlock, a provider of container security solutions, for $410 million. Also, Palo Alto will buy PureSec, a provider of severless security, for an undisclosed sum. Twistlock is backed by Iconiq Capital, YL Ventures, TenEleven, Rally Ventures, Polaris Partners and Dell Technologies Capital while PureSec is backed by Square Peg Capital, Entree Capital and TLV Partners.
4 min read · 30 May 2019
Upland Software Inc has acquired Boulder, Colorado-based Kapost, an operations platform provider for sales and marketing. The purchase price was $45 million. AGC Partners was financial adviser to Kapost on the transaction. Kapost was backed by Access Venture Partners, Cue Ball Capital, Iron Gate Capital, Salesforce Ventures, Lead Edge Capital and High Country Ventures.
4 min read · 28 May 2019
Upland Software Inc has acquired Boulder, Colorado-based Kapost, an operations platform provider for sales and marketing. The purchase price was $45 million. AGC Partners was financial adviser to Kapost on the transaction. Kapost was backed by Access Venture Partners, Cue Ball Capital, Iron Gate Capital, Salesforce Ventures, Lead Edge Capital and High Country Ventures.
4 min read · 28 May 2019
Zendesk Inc (NYSE: ZEN) has acquired Smooch Technologies Holdings ULC, a Montréal-based messaging platform for enterprise software makers. No financial terms were disclosed. Spun out of Radialpoint in 2015 by CEO Warren Levitan, Chairman Hamnett Hill and CTO Mike Gozzo, Smooch provides technology that helps deliver omnichannel conversations between customers and brands over any messaging channel. In 2016, Smooch raised $10 million in a seed-stage financing led by Real Ventures and Inovia Capital and joined by TA Associates. Zendesk, a San Francisco-based customer service and engagement platform, said its combination with Smooch will "drive the next wave of connected conversations on a variety of messaging channels."
5 min read · 22 May 2019
UrbanSitter has acquired Denver-based Sitter Inc, a creator of an app that helps parents to find, book and pay babysitters. No financial terms were disclosed. UrbanSitter's backers include Advance Venture Partners, Canaan Partners, DBL Investors, First Round Capital, Match Group - a division of IAC, Menlo Ventures, Rustic Canyon, Aspect Ventures and A-Grade Investments.
3 min read · 16 May 2019
Learning platform Kahoot! has acquired Oslo, Norway-based Poio, a reading app for children. No financial terms were disclosed. Kahoot!'s backers include Microsoft, Disney and Northzone.
4 min read · 15 May 2019
Learning platform Kahoot! has acquired Oslo, Norway-based Poio, a reading app for children. No financial terms were disclosed. Kahoot!'s backers include Microsoft, Disney and Northzone.
4 min read · 15 May 2019
Pegasystems Inc (Nasdaq: PEGA) has acquired In The Chat Communications (ITC), a Waterloo-based digital messaging platform. Terms weren't disclosed. Founded in 2010 by President and CEO John Huehn, ITC helps businesses more effectively find and engage with customers through social media. Pegasystems, a Cambridge, Massachusetts-based software company, said ITC's platform will be integrated with its artificial intelligence-powered customer engagement solutions. ITC was a portfolio company of Canadian seed-stage investor MaRS Investment Accelerator Fund.
2 min read · 13 May 2019
Edtech company Kahoot said it acquired DragonBox, a Norwegian maker of math apps.
1 min read · 09 May 2019