Private Equity
Avi Networks has acquired San Francisco-based StacksWare, a provider of SaaS cloud management solutions. No financial terms were disclosed. According to Crunchbase, StacksWare was backed by Greylock Partners and Lightspeed Venture Partners.
2 min read · 13 September 2017
Red Ventures, a digital consumer choice platform, has acquired Atlanta-based Allconnect LLC, a technology-enabled sales and marketing solutions company. The sellers included Covestco and Maveron. No financial terms were disclosed. Petsky Prunier advised Allconnect on the deal.
2 min read · 08 September 2017
Tabula Rasa Healthcare has acquired SinfoníaRx, a provider of medication therapy management technology and services for Medicare, Medicaid and commercial health plans. No financial terms were disclosed. Signal Hill advised SinfoníaRx on the transaction. Tabula Rasa’s backers included Originate Ventures, Radius Ventures and Emerald Stage2 Ventures.
2 min read · 07 September 2017
Merck has agreed to acquire Germany-based Rigontec, which focuses on RIG-I targeting RNA therapeutics. According to terms of the deal, Merck will make an upfront cash payment of 115 million euros to Rigontec’s shareholders. Also, based on the fulfillment of certain milestones, Merck may make additional contingent payments of up to 349 million euros. Rigontec is backed by Boehringer Ingelheim Venture Fund, Forbion Capital Partners, High-Tech Gründerfonds, MP Healthcare Venture Management, NRW.BANK, Sunstone Capital and Wellington Partners Life Sciences.
4 min read · 06 September 2017
GetInsured has acquired ACAExpress.com, a platform for Affordable Care Act health plan enrollment for consumers and brokers. No financial terms were disclosed. GetInsured is backed by Bessemer Venture Partners, Trinity Ventures, Partech International, River Street Management, Vocap Investment Partners and Noro-Moseley Partners.
1 min read · 31 August 2017
Upverter, a Toronto-based company providing web-based electronic design tools for engineers, announced this week that it has been acquired by, Australia-based Altium. Financial terms were not disclosed, but Upverter had been a portfolio company of Version One Ventures since 2013, securing over $3 million.
4 min read · 29 August 2017
Cisco is planing on acquiring Sunnyvale, California-based Springpath, a provider of enterprise-grade storage and data management software, for about $320 million in cash. Springpath was backed by Sequoia Capital, New Enterprise Associates and Redpoint Ventures.
2 min read · 21 August 2017
EtQ has been acquired by Technology Crossover Ventures, with funding coming from the $2.5 billion TCV IX, the two firms said. Terms of the transaction were not disclosed.
1 min read · 17 August 2017
Mixpo Inc, a Seattle, Washington creative management platform, has been acquired by Netsertive Inc, a marketing technology company based in Morrisville, North Carolina. No financial terms were disclosed. Mixpo develops technology that enables digital marketers and publishers to build, manage and measure advertising campaigns. Founded in 2007, the company's backers included Canada's GrowthWorks and Yaletown Partners. Netsertive's investors include Greycroft Partners, Harbert Venture Partners, River Cities Capital Funds and RRE Ventures.
4 min read · 16 August 2017
ShapeShift AG has acquired Seattle-based KeepKey Hodler LLC, a secure hardware wallet for digital assets such as bitcoin. No financial terms were disclosed. ShapeShift's backers include Earlybird Venture Capital.
3 min read · 16 August 2017
