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“With the exception of about half a dozen companies, every tech startup is for sale,” said Jim Moore, founder and CEO of J Moore Partners, a firm that specializes in tech M&A.
“It’s everyone’s least favourite part of the job. Everyone dreads picking up the phone and getting hung up on,” says Jody Glidden, CEO of IntroHive, a Fredericton, NB-based company that says it has a better way.
New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, said it has increased its investment in Silicon Valley-based Pluribus Networks, a maker of hardware-accelerated network virtualization tools for datacenters.
IFTTT, the maker of handy tools that connect various Web and mobile apps together, has raised $7 million in Series A funding., All Things Digital reports.
Less than two weeks after announcing $50 million in new funding, Mountain View-based 23andMe, a developer of DNA analysis services co-founded by Anne Wojcicki, the wife of Google co-founder Sergey Brin, has raised another $8 million, according to a filing with the Securities and Exchange Commission (SEC).
Enterprise software titan Oracle Corp. will buy Vienna-based Eloqua Inc. (Nasdaq: ELOQ), which went public just a few months ago, for $23.50 per share, or $871 million.
Greenspring Associates, a technology-focused venture capital firm with offices in Owings Mills and Silicon Valley, said on Thursday it has led a new $40 million round of funding for Atlanta-based cloud services brokerage Cloud Sherpas.
Columbia Capital joined other investors in a $40 million investment into Atlanta-based Cloud Sherpas, a cloud services tech firm.
My startup Speek just raised a large seed round – over $1.2 million large.
The Durham-based retention marketing software start-up Windsor Circle Inc. has raised more than $1 million in a Series A financing round, the company announced Wednesday.