Private Equity
2 min read · 05 November 2015
SCI Solutions has acquired Seattle-based Clarity Health, a software-as-a-service solution provider that delivers insurance authorization and referral management services to health systems and independent providers. No financial terms were disclosed. SCI is backed by Columbia Pacific Advisors, ORIX Ventures, The Wicks Group and New Enterprise Associates.
5 min read · 03 November 2015
Sprinklr has acquired Booshaka, an advanced audience segmentation and management platform. No financial terms were disclosed. Sprinklr’s backers include Battery Ventures, Intel Capital and Iconiq Capital.
3 min read · 02 November 2015
BlackBerry Ltd (NASDAQ: BBRY, TSX: BB) has tied up its buy of Good Technology Corp, a Silicon Valley-based mobile software provider. The deal, announced in September, was valued at US$425 million. BlackBerry said it plans to integrate Good's platform into its own software suites to provide a complete end-to-end solution that secures the entire mobile enterprise, while also protecting privacy. The acquisition resulted in exits for Good's venture capital investors: Blueprint Ventures, DFJ, ePlanet Capital, GKM, Meritech Capital Partners, Oak Investment Partners and Rustic Canyon Partners.
5 min read · 02 November 2015
Porch.com has bought San Francisco-based Fountain, an app that connects homeowners to experts on home and garden projects. In addition to the funding, Porch has hired Eric Doerr as chief product officer and Jim Dantzler as vice president of design. No financial terms were disclosed. Fountain's backers included Shasta Ventures and First Round Capital.
5 min read · 30 October 2015
Raycom Media has acquired Charleston, South Carolina-based PureCars, a digital advertising platform for the auto industry. No financial terms were disclosed. Progress Partners advised Raycom on the transaction. PureCars was backed by Gemini Investors and Stage 1 Ventures.
3 min read · 28 October 2015
Cisco has agreed to acquire Alpharetta, Georgia-based Lancope, a network security company, for $452.5 million. The deal is expected to be completed in the second quarter of 2016. Lancope's backers include Canaan Partners and HIG Capital.
2 min read · 28 October 2015
Nasdaq has doubled down on the market for private company shares, including those of the richly valued unicorns running herd through venture capital.
2 min read · 23 October 2015
TPG Capital portfolio company Eze Software Group has agreed to acquire Mount Kisco, New York-based TKS Solutions LLC, a specialty software provider of shareholder and partnership accounting tools. No financial terms were disclosed for the transaction that is expected to be completed next month.
3 min read · 22 October 2015
Gone, which is backed by Techstars Ventures, Silicon Valley Bank and Cygnus Capital, has acquired Yardsale, an app that helps users buy and sell goods with friends and neighbors. Included in the acquisition is Yardsale's FOBO, an online listing and selling product and platform. No financial terms were disclosed.
3 min read · 21 October 2015
