Private Equity
VC-backed IPO activity rebounded in Q2, as 27 companies raised $3.4 billion in proceeds, according to a report from the National Venture Capital Association and Thomson Reuters. But M&A activity slumped despite LinkedIn's purchase of Lynda.com.
1 min read · 02 July 2015
Deliv said Wednesday it has acquired WeDeliver. Financial terms weren’t announced. Chicago-based WeDeliver provides same-day delivery for local merchants. Deliv, of Menlo Park, California, is also a same-day delivery company backed by investors including General Catalyst Partners, Institutional Investors and Operators Fund.
3 min read · 25 June 2015
Just 19 venture-backed, U.S.-based acquisitions were completed in May, led by the close of Lynda.com, as only three disclosed their valuations.
2 min read · 24 June 2015
Malwarebytes has acquired cyber security program Junkware Removal Tool. No financial terms were disclosed. Malwarebytes' backers include Highland Capital Partners.
3 min read · 22 June 2015
Techstars, an accelerator for startups, said it has acquired UP Global, the non profit organization that runs Startup Weekend, Startup Week, Startup Next and Startup Digest programs, according to a blog post. No deal terms were disclosed.
1 min read · 17 June 2015
Sprinklr has acquired NewBrand, a provider of location-specific text analytics software. No financial terms were disclosed. Sprinklr's backers include Battery Ventures, Intel Capital and Iconiq Capital.
3 min read · 03 June 2015
Adobe has acquired San Francisco-based Mixamo, an online platform for designers to customize and create 3D character animation, the former announced in a blog post on its site. No financial terms were disclosed. Mixamo's backers included Granite Ventures and Keynote Ventures.
1 min read · 03 June 2015
Austin, Texas-based sports media company FloSports has acquired fast-pitch softball news provider Full Count Softball. No financial terms were disclosed. In addition to the acquisition, FloSports has secured $3 million in venture debt from Silicon Valley Bank. FloSports is backed by Causeway Media Partners.
4 min read · 03 June 2015
Mountain View, Calif.-based Tempo AI, which was born out of the research lab SRI International, announced that Salesforce has acquired it and will shut it down on June 30. The acquisition price was not disclosed. Tempo, a venture-backed provider of a smart calendar and productivity app founded in 2011, raised $12.5 million in venture funding, according to CrunchBase. Investors include Eniac Ventures, Mayfield Fund, Qualcomm Ventures, Relay Ventures and Sierra Ventures, among others.
1 min read · 01 June 2015
San Francisco-based Path Inc, which was rumored to be an acquisition target of Apple last fall, has been scooped up by the South Korean Internet corporation Daum Kakao. Path founder CEO Dave Morin, a former Apple employee, blogged about the sale late Thursday.
1 min read · 29 May 2015
