Private Equity
500px, a Toronto photo community and marketplace, has been acquired by Visual China Group (VCG) for an undisclosed sum. Founded in 2009, 500px provides an online platform for sharing, buying and selling photography created by professional and hobbyist photographers from more than 195 countries. VCG has been a strategic partner to the company, leading 500px's $13 million Series B round in 2015 and helping distribute its visual content in China. VCG said the buy is a "further investment in an already-successful partnership." Led by CEO Andy Yang, 500px was also backed by Andreessen Horowitz, ff Venture Capital, Harrison Metal Capital and others.
4 min read · 26 February 2018
U.S. software major Oracle Corp has acquired Zenedge, an Aventura, Florida-based cybersecurity solutions provider. No financial terms were disclosed. Redwood Shores, California-based Oracle said the acquisition gives it cloud-based network and infrastructure security capabilities to help protect enterprise customers from digital threats. Founded in 2014, Zenedge was backed by a number of venture capital firms, including Telus Ventures, a strategic investment arm of Canadian telecommunications company Telus Corp.
2 min read · 20 February 2018
Ezaki Glico Co Ltd said Feb. 20 that it agreed to buy TCHO Ventures Inc. Financial terms weren’t announced. TCHO, of Berkeley, California, is a craft chocolate company that is majority owned by Emil Capital Partners and Tengelmann Group.
2 min read · 20 February 2018
WebPT, which is backed by Battery Ventures, has acquired BMS Practice Solutions, a billing and collections company serving the rehab therapy market. No financial terms were disclosed.
4 min read · 15 February 2018
Fitbit will acquire Twine Health, a health coaching platform. No financial terms were disclosed. Twine Health's backers included Qiming Venture Partners USA.
4 min read · 14 February 2018
Waterloo-based enterprise information management company OpenText Corp (TSX, Nasdaq: OTEX) has acquired Hightail Inc, a Campbell, California-based cloud service for file sharing and creative collaboration. No financial terms disclosed. OpenText said the deal reinforces its commitment to solutions that help marketers and creative professionals to share, produce and securely collaborate on digital content. Founded in 2004, Hightail raised more than US$90 million in financing from several venture capital firms, including Adams Street Partners, Emergence Capital, Sigma Partners and Western Digital Capital.
2 min read · 14 February 2018
Brown Advisory, an investment advisory firm, has acquired network-driven venture firm NextGen Venture Partners. No financial terms were disclosed.
3 min read · 12 February 2018
Confluent Medical Technologies has acquired Corpus Medical, a provider of advanced technology catheters. No financial terms were disclosed. Confluent Medical and Corpus Medical are both portfolio companies of Ampersand Capital Partners.
3 min read · 09 February 2018
Houzz Inc has acquired New York-based IvyMark, a provider of business management software for interior design firms. No financial terms were disclosed. IvyMark's backers included Pitango Venture Capital, NFX and Disruptive VC, according to Crunchbase.
3 min read · 07 February 2018
CloudBees has acquired Boston-based CodeShip, a provider of continuous integration and delivery products in the cloud. No financial terms were disclosed. CloudBees was backed by Matrix Partners, Lightspeed Venture Partners and Verizon Ventures.
4 min read · 07 February 2018
