Tuesday February 7, 2012

Enterprise Cloud File Sharing Provider Accellion Secures $12 Million

Enterprise cloud file sharing company Accellion has raised $12 million in a new Series 3 round from private equity firm Riverwood Capital. The company will use the additional funding to accelerate growth, invest in enterprise mobile file sharing products, pursue partnerships and international expansion. Founded in 1999, Accellion’s cloud-based solutions span public, private and hybrid cloud deployment, for [...]

CallidusCloud Acquires Marketing Automation SaaS LeadFormix For $9 Million Cash

Sales effectiveness cloud SaaS company Callidus Software Inc today announced its acquisition of LeadFormix, a B2B cloud-based lead intelligence SaaS. LeadFormix lets B2B vendors turn anonymous visits to their websites into qualified leads by identifying potential customers and reporting their intent. This solution will join the Callidus multi-tenant SaaS sales performance and effectiveness solutions that help [...]

‘Big Data’ Giant Mu Sigma Raises $108 Million From General Atlantic, Sequoia

Mu Sigma, a provider of analytics and data-driven decision support services for enterprise customers, has raised $108 million in funding in a round led by growth equity firm General Atlantic. The financing comes about half a year after Mu Sigma raised $25 million from Sequoia Capital, which also participated in this round. Headquartered in Chicago [...]

Done Deal – Akamai Buys Rival Cotendo For $268 Million

Akamai has indeed acquired Cotendo, one of its largest competitors, in a deal valuing the CDN and site acceleration services company at approximately $268 million. The confirmation comes nearly a month after Israeli business press reported that Akamai was mulling an acquisition of the website and mobile acceleration technology vendor for up to $350 million. [...]

SurDoc Raises $4 Million For Sharing Formatted Documents Across All Platforms

SurDoc is doing what Adobe has sort of done with its PDF file format, which is make it as easy as possible to share formatted documents across computers and mobile devices without losing the formatting. The difference it offers is that you don’t need to mess with any file formating or PDF reader to access [...]

ScaleArc Raises $5.33 Million In Series B Funding, Hires COO

Silicon Valley-based database infrastructure software maker ScaleArc has secured $5.33 million in its second round of institutional funding, which was led by Trinity Ventures, with earlier backer Nexus Venture Partners participating. In addition, ScaleArc announced the appointment of Justin Barney, who previously ran sales divisions at companies like Citrix and Juniper Networks, as president and [...]

PARC Spin-Out PowerCloud Systems Raises $6 Million From Qualcomm

PowerCloud Systems, a spin-out of Palo Alto Research Center (PARC) that offers a ‘networking-as-a-service’ platform for OEMs and service providers, has raised $6 million in Series B funding in a round led by Qualcomm Ventures, with prior backers Walden Venture Capital, Javelin Venture Partners and PARC participating. The capital will be used to enhance the [...]

Apple Reportedly Buying Flash Memory Company Anobit For $400 Million – $500 Million

Apple is reportedly going to use part of its enormous pile of cash to buy an Israeli fabless semiconductor company that specializes in flash storage solutions. Calcalist reports – in Hebrew – that the world’s most valuable company is in talks to buy Herzliya Pituach, Israel-based Anobit for $400 million to $500 million. If the [...]

Apple: 100 Million Downloads From Mac App Store In Less Than One Year

Apple this morning announced that there are now over half a million applications available in the mobile applications-specific App Store, and that over 100 million of apps have been downloaded from the desktop software marketplace Mac App Store in less than a year after its debut. When the Mac App Store opened for business on [...]

Lattice Semiconductor Acquires Chipmaker SiliconBlue For $62 Million In Cash

Lattice Semiconductor this morning announced that it is to acquire SiliconBlue Technologies, which develops mobile device solutions for the consumer handheld market. Lattice Semi will pay approximately $62 million in cash for SiliconBlue and aims to close the deal before the end of the year. Under the terms of the agreement, SiliconBlue CEO Kapil Shankar [...]