Data Mgmt / Business Intelligence
Datawatch Corporation, the leading global provider of information optimization solutions, has agreed to acquire Panopticon Software AB, a privately held Swedish company specializing in the delivery of real-time visual data discovery solutions. Under terms of the definitive agreement - unanimously approved by the Boards of Directors of both companies - Datawatch will acquire all outstanding shares of Panopticon in an all-stock transaction. Based upon the closing price of Datawatch common stock as of June 14, 2013, the deal is valued at approximately $31.4 million. Completion of the transaction is subject to the approval of the Datawatch stockholders, which is expected to occur during its fiscal fourth quarter ending September 30, 2013. READ MORE
TIBCO Software Inc. (NASDAQ: TIBX) today announced it has acquired StreamBase Systems, Inc., a privately held provider of high performance event processing and real-time analytics software. StreamBase enables companies to rapidly build, test, and deploy real-time applications for streaming big data. Financial details of the transaction were not disclosed.
TIBCO believes that event processing is fundamental to solving big data challenges. With StreamBase, TIBCO brings streaming capabilities to its event processing portfolio and market-leading strengths in handling rules-driven scenarios, inferencing models, and transactional events. Together, TIBCO and StreamBase enable big data to be processed in real-time to provide an event-based alternative to batch-centric big data architectures. READ MORE
BitSight Technologies, a provider of innovative big data analytics for risk management, today announced it has closed a $24 million Series A round of financing from Globespan Capital Partners, Menlo Ventures, Flybridge Capital Partners, and Commonwealth Capital Ventures. The new funds will be used to expand product development efforts, hire sales and marketing personnel, and launch the Company’s first product. As part of the financing, Globespan Capital Partners’ Dave Fachetti and Menlo Ventures’ Venky Ganesan will join Flybridge Capital Partners’ David Aronoff, BitSight’s CEO Shaun McConnon and co-founders Stephen Boyer and Nagarjuna Venna on the Company’s Board of Directors. BitSight received seed funding from the National Science Foundation, Flybridge Capital Partners and Commonwealth Capital Ventures. READ MORE
InsightSquared, provider of the #1 Salesforce Analytics product for
small and midsize businesses (SMB), today announced that it has secured
$8 million in Series B funding from new investor DFJ and existing
investor Atlas Venture, which seed-funded InsightSquared and led its
Series A. Combined with previous funding rounds, InsightSquared has now
raised a total of $13.5 million. The additional financing will allow
InsightSquared to accelerate further development and reach of its
leading Software-as-a-Service (SaaS) sales and marketing analytics
product.
InsightSquared also announced today that the company has added Court
Cunningham, CEO of Yodle, to its Board of Directors, and Mark Roberge,
SVP Sales and Services from HubSpot, to its Board of Advisors. READ MORE
ADP Dealer Services (NASDAQ: ADP), and its Digital Marketing group, announced that it has acquired Autotegrity from Link Ventures and Cogo Labs to form the nucleus of an expanding facility focused on the application of science to optimize the online shopping experience of consumers as they progress from inspiration to purchase. ADP Digital Marketing, based in Seattle, has built the largest data analytics team in the automotive industry, now with over 80 professionals. The Autotegrity acquisition strengthens ADPs capabilities with world-class online traffic campaign management and site conversion analytics competencies. The company anticipates doubling the research, production and science staff in its new Cambridge offices over the next two years, leveraging the great analytics talent being produced by local universities. READ MORE
WegoWise, a leading building performance analytics provider, has raised $3 million in financing from Boston Community Capital (BCC).
The investment will power the expansion of WegoWise's innovative
utility data intelligence platform to the commercial real estate market,
providing utility tracking and benchmarking solutions to commercial
buildings. The financing round builds on a previous $1.9 million
investment from Boston Community Capital and will also support
WegoWise's continued momentum in the multifamily and single family
markets. READ MORE
Cloudant, provider of a globally distributed database-as-a-service (DBaaS), today announced $12 million in series B funding from Devonshire Investors, the private equity firm affiliated with Fidelity Investments; Rackspace Hosting, the open cloud leader; and Toba Capital. The company also announced that current investors — Avalon Ventures, In-Q-Tel, Samsung Venture Investment Corporation — purchased additional shares. The funding will be used to support Cloudant’s global expansion and grow the company’s support, service, and go-to-market strategies. READ MORE
Dyn, the worldwide leader in Internet Infrastructure as a Service, announced today it has acquired Trendslide, a mobile dashboard app startup. The acquisition expands Dyn’s services to now include mobile data and analytics offerings for online businesses. While this mobile app was traditionally intended to be a sales/marketing tool, Dyn will now position it as a DevOps tool for its customers. READ MORE
Today is a first. Three years ago we started Nest Labs with a vision
of saving people energy, of changing the way people even think about
their energy use. Today we’ve taken another big step in that direction
with our very first acquisition.
MyEnergy is a fantastic company. They’ve put together a talented team
to create exactly the kind of technology our customers have been asking
for. Every day we get requests for more data: for spreadsheets, charts,
detailed comparisons and, most importantly, energy savings translated into actual dollars.
We’ve acquired MyEnergy to help us do both: the details and the
dollars. MyEnergy lets you track your electric, gas and water use in one
place. It automatically reads your energy bills so you can see how much
you spend month over month, year over year, and compare that to
neighbors and friends. Their technology and team are fantastic, and
their footprint is huge: they can access data from more than 1,500
energy providers and have users in every US state. READ MORE
ParElastic Corporation, an emerging leader in cloud data management,
announced today that it has raised $5.7M in a Series A round financing
led by General Catalyst Partners. The company’s existing investors
including Point Judith Capital, CommonAngels and LaunchCapital also
participated in the round. The Series A brings ParElastic’s total
financing to $8.7M.
Larry Bohn, Managing Director at General Catalyst, will join the
ParElastic board of directors alongside the company’s founders, Ken Rugg
and Amrith Kumar, and noted industry veterans and entrepreneurs, Jit
Saxena, founder and CEO of Netezza and Applix, and John Landry, a serial
entrepreneur who has held strategic technology leadership positions at
IBM, Lotus, Dun & Bradstreet and Cullinet. READ MORE
Deep Information Sciences, Inc. (Deep) made its debut today with the introduction of its groundbreaking new general purpose database, DeepDB, and the announcement of $10 million in Series A funding to support the company’s strategy to transform the Big Data market. Enabling simultaneous transactions and analytics in real time on the same data set, DeepDB brings unprecedented scale, simplicity and speed to data-driven decision making at large organizations. READ MORE
As per the company's recent press release, Informatica has acquired Active Endpoints in Waltham, MA. Founded in 2003, Active Endpoints, Inc. is a process automation company that has built unique cloud-based and on-premise platforms to develop, integrate and deploy custom applications quickly and easily thereby generating significant ROI for our customers.
As per SEC filing, CallMiner in Waltham, MA has raised $9.6M in funding. CallMiner provides cloud-based conversational analytics solution for improving agent performance & performance management across all contact channels.
Cloudant, a leading provider of a globally distributed database-as-a-service (DBaaS), today announced that Samsung Venture Investment Corporation (Samsung Ventures) has made a strategic investment. The funding will be used to advance research and development to further improve global data distribution technologies and mobile application data management.
As reported by Scott Kirsner, Data Tamer has raised seed funding from Google Ventures and NEA. Data Tamer is a stealth mode startup founded by Michael Stonebraker and Andy Palmer. According to Scott's report, Data Tamer is focused on cloud-based tools for ETL solutions.
True Office, the company that gamifies regulatory and compliance training, has secured US$3 million Series A funding from investors including Rho Ventures, the Partnership for New York City Fund and Contour Venture Partners. The investment underlines the growing importance of enterprise gamification and its application in business-critical areas such as regulatory and compliance training.
As reported by the Boston Business Journal, Humedica in Boston, MA has bee acquired by UnitedHealth Group for hundreds of millions. Humedica is a clinical intelligence company that provides private cloud-based business solutions to the health care industry.
Attivio, creator of the award-winning Active Intelligence Engine® (AIE®) has secured $8 million in new growth funding from General Electric Pension Trust, in addition to the $34 million investment led by Oak Investment Partners announced in October. Designed to help companies quickly analyze and solve complex business problems, AIE delivers comprehensive, high-value insight regardless of what applications or sources hold the content.
"Attivio is delivering significant innovation and impressive return on investment for a growing list of global customers," said Carlos Monfiglio, managing director of U.S. Private Equity at GE Asset Management. "We believe Attivio's approach to unified information access and its patented technology differentiators and superior security capabilities can help customers invent more, make more, sell more and do it all with greater efficiency."
Kyruus, a leading healthcare Big Data company, today announced the closing of an $11M Series B financing. The investment was led by Lux Capital, with participation from Fidelity Biosciences as well as existing investors Venrock and Highland Capital Partners. The financing brings the total amount raised by Kyruus to $19.6M since its inception in 2010.
WegoWise, a leading building performance analytics provider, today announced that it has reached an agreement to acquire Melon Power, an award-winning analytics platform for the commercial building sector. WegoWise will extend its platform with Melon Power's methodology, which leverages Green Button and other utility data to help commercial buildings affordably and easily receive Energy Star benchmarks. The acquisition is expected to close in the first quarter of 2013.
Decision Resources Group, one of the world’s leading research and advisory firms focusing on healthcare insights and analysis, announced today that it acquired Abacus International, a pioneer in evidence-based global market access solutions for many of the world’s leading healthcare companies. The acquisition of UK-based Abacus by Burlington, Mass.-based Decision Resources Group will result in a significant global expansion of Decision Resources Group’s market access capabilities. Abacus will be part of the Market Access Business Unit at Decision Resources Group which currently includes the brands: Fingertip Formulary, HealthLeaders-InterStudy, PharmaStrat and Pinsonault.
Physicians Interactive (PI), the leading provider of online, point of care and mobile clinical resources and solutions for healthcare professionals (HCPs), announced today the acquisition of InfoMedics, the industry expert in the design and delivery of interactive patient communications platforms. The addition of InfoMedics, PI’s fourth acquisition, marks a major leap forward for PI, providing its first platform to directly reach patients in ways that will raise the quality of care, better connect patients and physicians, and improve adherence to physician prescribed therapies. The move comes as part of a successful year for PI, in which it outpaced competition with the growth of innovative, gold-standard solutions like eSampling and eCoupon, and through philanthropic leadership, using mobile apps to save lives via its Health eVillages initiative.
We are thrilled to announce that we will be concluding what has been an incredible year of growth for Ginger.io by welcoming Vinod Khosla and his team at Khosla Ventures to the Ginger.io family. We are delighted to announce our $6.5M Series A funding round led by KV. Seed investors True Ventures and Romulus Capital also participated in the round.
Raising a round of financing is a very important decision for any company, and we spent a lot of time thinking if and why this was appropriate. Given our company focus on keeping populations healthy, the incredible client partnerships we’ve built, and the advancements in healthcare reform, we had the opportunity to grow in a way that would allow us to achieve both business and mission-driven goals. Over the next year, we’ll be using the new capital to scale our team, improve our product, and support existing and new partners.
As per the company website, Incentive Targeting in Cambridge, MA has been acquired by Google. Incentive Targeting partners with retail chains to provide a targeted marketing service to manufacturers of grocery and consumer products. Their patent-pending technology allows non-technical marketing executives to design sophisticated, relevant promotions—and measure ROI in real time—directly over the Internet.
As per SEC filings, Cognitive Electronics in Lebanon, NH has raised $3.4M in funding. Cognitive Electronics' proprietary technology runs existing Big Data analytics applications in finance, defense, cybersecurity, analytics, oil and gas, media, and more, with dramatically increased performance per watt, per square foot, and per dollar.
Activate Networks, Inc., the leading provider of network analytics for business, is pleased to announce that it has closed a $10 million Series B financing round led by Reed Elsevier Ventures, along with existing investor Excel Venture Management, and new investor Premier healthcare alliance. Activate Networks enables its clients to leverage their own customer networks to improve sales performance and to optimize their internal networks to build more effective and resilient organizations.
Per Scott Kirsner's Innovation Economy blog, Cignifi in Cambridge, MA has raised $1.5M in funding led by Omidyar Network. Cignifi is revolutionizing the way financial service companies meet the needs of an estimated 2.7 billion people worldwide with a mobile phone but no access to formal financial services. Cignifi has the first proven credit scoring solution capable of closing this gap.
As per SEC filings, Hadapt in Cambridge, MA has raised $6.7M in funding. Hadapt has developed the industry's only Big Data analytic platform natively integrating SQL with Apache Hadoop. The unification of these traditionally segregated platforms enables customers to analyze all of their data (structured, semi-structured and unstructured) in a single platform – no connectors, complexities, or rigid structure.
Alliance Data Systems Corporation (NYSE:ADS), a leading provider of
loyalty and marketing solutions derived from transaction-rich data,
today announced that it has reached an agreement to acquire the Hyper
Marketing ("HMI") group of companies, the largest privately held
marketing services agency in the United States.
HMI offers the
full breadth of ROI-based marketing services through Ryan Partnership,
CatapultRPM, SolutionSet and Getmembers.com, including: digital user
experience design technology, specializing in websites, social media
platforms and mobility; customer relationship marketing; consumer
promotions marketing; direct and digital shopper marketing; distributed
and local area marketing; and analytical services that include brand
planning and consumer insights. HMI is privately owned by Lake Capital
and its affiliates, and has approximately 1,100 employees based
primarily in Chicago, San Francisco and Wilton, Conn.
In a move signaling the growing momentum for using clinical data to transform health care, Deloitte today announced the acquisition of Recombinant Data Corp., a fast-growing provider of data warehousing and clinical intelligence solutions that enable advances in personalized medicine, translational research and health-care performance management.
Based in Newton, Mass., Recombinant’s ascendency has been driven by opportunities in the health provider, medical research, life sciences and government health markets as they relate to enterprise data integration, population health analytics, clinical genome data assimilation and performance management for accountable care organizations (ACOs).