Private Equity
Ebates, which is backed by Rakuten, has acquired Shopular. Financial terms weren’t announced. Redwood City, California-based Shopular is a mobile product discovery app that alerts users to relevant deals and coupons when they are near their favorite stores.
3 min read · 28 March 2016
Shared-office-space startup WeWork acquired Welkio, a visitor sign-in system for offices, the company said Friday in a blog post. Financial terms of the deal were not disclosed. Based in San Luis Obispo, California, Welkio was created in 2014 during a company hackathon at mobile agency Hathaway. WeWork recently raised about $430 million at a $16 billion valuation in a funding round led by private equity firm Hony Capital Ltd, reported the Wall Street Journal.
1 min read · 18 March 2016
Brazil's iFood, an online food delivery platform in Latin America, acquired the technology of meal delivery service SpoonRocket, which shut down on Tuesday.
3 min read · 17 March 2016
Venture capital-backed InVision, a collaborative platform for product designers, acquired Silver Flows, a prototyping tool for developers, according to a blogpost on the company's website. Financial terms of the deal were not disclosed. Last year, InVision raised $45 million in a Series C financing round led by Accel.
1 min read · 15 March 2016
Venture capital-backed App Annie, a data and insights platform for the app market, acquired AppScotch, an app marketing data company based in San Francisco. Financial terms of the deal were not disclosed. App Annie, also based in San Francisco, has raised over $94 million from investors including Institutional Venture Partners, Sequoia Capital, Greycroft Partners, IDG Capital Partners and others.
2 min read · 15 March 2016
General Motors Co (GM.N) is buying Cruise Automation, a San Francisco self-driving vehicle startup, the latest move by the auto giant in its effort to outflank Silicon Valley in the race to develop shareable, autonomous vehicles.
2 min read · 11 March 2016
Venture capital-backed Inrix Inc, a provider of connected car services based in Kirkland, Washington, acquired OpenCar Inc, an automotive software and services provider based in Seattle. Financial terms of the deal were not disclosed. Inrix has raised funding from firms including Kleiner, Perkins, Caufield & Byers, August Capital and Bain Capital.
5 min read · 10 March 2016
PledgeMusic has agreed to acquire Set.fm, an Austin, Texas-based online platform and app suite that enables the sharing and selling of audio recordings of live performances in real-time. No financial terms were released. London-based PledgeMusic, which also agreed to buy NoiseTrade, said the combination of the companies will create "a unique platform" that supports the full life-cycle of recordings, tours and the "constantly-changing forms of artistic output." Set.fm, which was founded in 2011, raised funding from several investors. Canadian venture capital firm Golden Venture Partners led its $1.2 million seed round in 2013.
4 min read · 09 March 2016
Docker, a platform for developers to build, ship and run distributed applications, acquired orchestration startup Conductant Inc, the company announced in a blog post. Financial terms were not disclosed. In April, Docker raised $95 million in a Series D funding round led by Insight Venture Partners with participation from Coatue, Goldman Sachs and Northern Trust.
1 min read · 04 March 2016
SugarCRM Inc, a customer relations management company based in Cupertino, California, acquired the intellectual property rights and other assets of Contastic, a natural language processing (NLP) platform. SugarCRM is backed by Goldman Sachs, Draper Fisher Jurvetson, New Enterprise Associates and Walden International.
2 min read · 03 March 2016
