analytics & targeting
Boomerang Commerce, which offers an analytics platform to eCommerce retailers for comprehensive analysis and insights on competition and profitability, has raised $8.5 million in Series A funding led by Madrona Venture Group and Trinity Ventures.
analytics & targeting
Web analytics company FullStory has raised $1.2 million in funding from Google Ventures with participation from individual investors. The company plans on using the new capital to expand its sales and support staff.
Finland-based Nosto Solutions, which develops eCommerce marketing software, has raised $5.5 million in funding led by Wellington Partners with participation from Open Ocean Capital, Sanoma Ventures, and Tekes. The company plans on using the new capital for global expansion.
Issuu, which provides a digital publishing and content discovery platform, has raised $10 million in Series B funding led by KDDI and Sunstone Capital. The company, which has now raised $21.5 million in funding, plans on using the new capital to continue to expand its global base of publishers.
Mobile technology developer MoboTap has sold a majority stake for $91 million to China-based Changyou.com, which develops and operates online games. In addition, Changyou will provide $30 million in funding to MoboTap by purchasing a zero-coupon convertible bond due in five years.
UK-based Conversocial, which provides a social media management platform, has raised $5 million in Series A-2 funding led by Octupus Investments with participation from DFJ Esprit and individual investors. The company plans on using the new capital to expand nationally and increase its capabilities in data science and system integration.
Online marketplace for video footage and stock media Pond5, has raised $61 million in Series A funding co-led by Stripes Group and Accel Partners. The new capital will be used to fuel global growth, hire team members, and further product development.
Agency & Marketing Services
Healthcare advertising agency MC/K CP was acquired by Connelly Partners, which operates an advertising, media, and search agency. Terms were not disclosed.
Summit Professional Networks, which operates a b-to-b media and information company serving the insurance, financial services and legal communities, has sold The Investing in African Mining Indaba annual professional conference to Euromoney Institutional Investor PLC (LSE: ERM), an international publishing, events, and information company focused primarily on the financial markets. Terms were not disclosed.
Technology & Communications
InMage Systems, which provides backup, disaster recovery, and cloud software solutions for enterprises, was acquired by Microsoft (Nasdaq:MSFT). The acquisition adds storage-focused value to the Microsoft Azure public cloud, which InMage will be integrated into. Terms were not disclosed.
Elliptic Enterprises, which provides a suite of services to acquire, use, and store bitcoin, has raised $2 million in funding led by Octopus Investments with participation from unnamed angel investors. The company plans on using the new capital to further product development and customer acquisition.
IIX, which provides direct interconnection solutions, has raised $10.4 million in Series A funding led by New Enterprise Associates. IIX offers a software and interconnection platform for enterprises, content providers, cloud providers, and other network operators to enhance the performance of their applications and services.
Data3Sixty, which provides data collaboration software, has received an undisclosed amount of funding from Breton Capital Management.
ClusterFlunk, which provides a web-based platform that allows students to share information and collaborate in study groups, has raised $1 million from Lightbank.
UK-based Atlas Products, which provides electronic invoicing solutions to eCommerce companies, was acquired by supply chain management software provider HighJump Software. The acquisition expands HighJump Software’s global trading network in Europe. Terms were not disclosed.
Motionsoft, which provides member management software and billing solutions, has raised $10 million in Series B funding led by Route 66 Ventures and Edison Partners. The company will use the new capital to expand sales and marketing.
Valant Medical Solutions, which provides cloud-based electronic health records and e-billing software, has raised $11 million in funding led by private investors. The company will use the new capital to broaden its solutions and double its development staff.
software development tools
27M group, which provides a unified software development platform for interactive TV, was acquired by Zenterio , which offers an independent operating system platform. Terms were not disclosed.
software development tools
Israel-based JFrog, which provides software development solutions, has raised $7 million in funding at a valuation of more than $50 million. The funding came from VMWare and Gemini Ventures. The new capital will be used to release new software solutions and expand globally.
Twenty-First Century Fox (Nasdaq:FOXA) had approached Time Warner (NYSE:TWX) to merge the two companies in a deal valued at $80 billion, but the offer was rebuffed.
Microsoft (NASDAQ:MSFT) is reportedly in talks to acquire Israel-based cybersecurity startup Aorato, which develops a directory services application firewall. The deal could be valued at around $200 million. Aorato has raised $10 million in funding from Accel Partners, Innovation Endeavors, Gilot Capital Partners, and individual investors.