Private Equity
RNTS Media NV, the parent company of Fyber GmbH, an advertising technology platform, agreed to buy Israel-based Inneractive Ltd, a mobile real-time bidding ad exchange. RNTS will pay $46 million in cash plus up to $26 million upon achievement of growth targets over the next three years. Inneractive is backed by Evergreen Venture Partners.
5 min read · 03 March 2016
Cisco on Tuesday announced its intent to buy cloud management startup CliQr Technologies Inc for $260 million. Santa Clara-based CliQr makes software that allows companies to inter-operate between private, public and hybrid cloud environments. In an April blog post, the company said it had raised $38 million to date from backers including Polaris Partners, Foundation Capital, Google Ventures and TransLink Capital.The company was founded in 2010 by two former VMWare executives.
1 min read · 02 March 2016
EviCore Healthcare, a provider of medical benefits management solutions based in Bluffton, South Carolina, acquired Boston-based QPID Health. Financial terms were not disclosed. QPID, which spun out of Partners HealthCare in late 2012, develops analytical software for medical providers. QPID has raised money from New Leaf Venture Partners, Cardinal Partners and others, according to an earlier news release.
3 min read · 29 February 2016
Zumper, San Francisco-based home and apartment rental platform, acquired PadMapper, a platform in the online rental space. Zumper will continue to run PadMapper as a fully owned subsidiary. Zumper has raised $20.2 million in funding from investors including Goodwater Capital, Kleiner Perkins Caufield & Byers, xfund, Andreessen Horowitz, Greylock, New Enterprise Associates and others.
2 min read · 26 February 2016
Finland's Nokia Corp has agreed to acquire Nakina Systems Inc, an Ottawa-based software company that provides network integrity management solutions. No financial terms were disclosed for the deal, which is expected to close this quarter. Nokia said the acquisition will increase its security capabilities as it helps customers address demands of hyper connectivity, new regulations and emerging technologies. Nakina Systems has been venture-backed since its founding in 2002. Its current Canadian and U.S. investors include Covington Capital Corp, Export Development Canada and VIMAC Ventures.
8 min read · 24 February 2016
Deem, a technology provider for ground transportation operators, acquired Whisk, a New York-based car service app and developer of software for ground transportation operators. Whisk backers include Correlation Ventures, ff Venture Capital and others.
4 min read · 23 February 2016
SpectraScience Inc, a medical device company, acquired the assets of Oncoscope Inc, a Durham, North Carolina-based developer of a proprietary optical imaging system. Oncoscope has received funding from Applied Ventures, IDEA Fund Partners and others, according to earlier press releases.
2 min read · 23 February 2016
Thycotic said it has acquired security company Arellia. No deal terms were disclosed.
4 min read · 23 February 2016
Grant Olsen, Zynga’s former Director of Mergers and Acquisitions, has acquired Applr. Financial terms weren’t announced. San Diego-based Applr is an app discovery social network for mobile apps.
3 min read · 22 February 2016
Sprinklr Inc, a company that helps marketers track what consumers say about them on digital platforms, bought Postano, a social visualization platform from TigerLogic Corp. Terms of the deal were not disclosed. In March, Sprinklr raised a $46 million Series E round from Battery Ventures, Intel Capital and others.
4 min read · 19 February 2016
