Mobile / Wireless
Dyn acquires Trendslide
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
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
Extreme Reach raises $50M in funding
Extreme Reach, Inc., the leading video platform for integrated TV,
online and mobile advertising, announced today a significant investment
by Spectrum Equity, a leading growth equity firm focused on the
information economy. Spectrum Equity’s investment is in excess of $50
million for a minority stake in Extreme Reach. The financing will
support the company’s rapid growth and expansion through acquisitions. READ MORE
FeedHenry raises $9M in funding
FeedHenry, a provider of cloud- based mobile enterprise application solutions, today announced that it has secured $9M (€7M) in a funding round led by Intel Capital. The funding includes a seven figure investment from existing investor Kernel Capital. Other existing investors VMware Inc., Enterprise Ireland and private investors also participated and were joined by new investment from ACT Venture Capital. This new funding will provide FeedHenry with the capital to accelerate the international roll out of its mobile application platform that draws on critical cloud-based technology. READ MORE
Proletariat raises $2.25M in funding
As per SEC Filings, Proletariat in Cambridge, MA has raised $2.25M in funding. Proletariat is a tablet and mobile game developer creating high quality free-to-play games.
Mobiquity Acquires Vertical Performance Partners
Mobiquity, a professional
services firm creating innovative mobile solutions and apps that drive
business value, today announced its acquisition of Providence,
R.I.-based Vertical Performance Partners (VPP), an enterprise-class
mobile software provider, to its portfolio of services. Mobiquity now
will offer Velocity,
VPP’s customizable software for branded interactive live meetings,
events and training sessions, to its enterprise client base. Leveraging
the power of Velocity, already proven in the pharmaceutical industry
with customers such as Bristol-Myers Squibb and Johnson & Johnson,
Mobiquity can now help businesses get the most value out of meetings and
training programs by using mobile to engage and empower attendees. READ MORE
TripAdvisor acquires Tiny Post
TripAdvisor®, Inc., today announced it has acquired Tiny Post (tinypost.co), the highly acclaimed app that lets you write over photos and turn them into stories. The Tiny Post team will be based in TripAdvisor's Palo Alto office.
"The Tiny Post team have created a wonderful app that shows the
possibilities of combining travel photos with social and mobile," said Steve Kaufer ,
co-founder and CEO TripAdvisor, Inc. "We think Tiny Post is a great
fit with our continued drive to provide engaging and sharable content
and I am happy to welcome this strong team to TripAdvisor." READ MORE
EverTrue raises $5.25M in funding
EverTrue, an education fundraising platform, today announced a $5.25
million Series A funding round led by Bain Capital Ventures with
participation from existing investors Boston Seed Capital, TechStars CEO
David Cohen, Bonobos CEO Andy Dunn and Trunk Club CEO Brian Spaly. Bain
Capital Ventures joins a prestigious list of higher education leaders
who have invested in EverTrue including Harvard Corporation Member Paul
Finnegan, Brown University Trustee Sam Mencoff, Northwestern University
Trustee Tim Sullivan, University of Pennsylvania Overseer Jim Perry,
Georgetown Regent Brendan Carroll, former University of Chicago Trustee
Ned Jannotta and Buckley School Trustee Thomas Lehrman. READ MORE
Balbus Speech raises seed funding
Balbus Speech has raised $20K in seed funding from RoughDraft.vc. Balbus Speech is a company that was founded by Jack McDermott, a junior at Tufts University. They build web / mobile platforms that help people in speech therapy find their voice.
Polar raises $1.2M in funding
Battery Ventures participated in a $1.2 million seed round for iPhone app Polar. Other investors in the round include Yahoo founder Jerry Yang at AME Cloud Ventures; John Lilly at Greylock Partners; Maynard Webb from Webb Investment Network; and Ash Patel at Morado Ventures. Polar is a super-fast and easy way to create and vote on great-looking photo polls.
Ping4 raises $4M in funding
Ping4 in Nashua, NH has raised $4M in funding. Ping4alerts! is a free Hyperlocal Mobile Alerts app that instantly
notifies you of dangers and emergencies wherever you are in the world.
Timbre raises $360K in funding
Intrepid Pursuits LLC, maker
of the location-based music discovery app Timbre, has secured a seed
funding round of $360,000 to commercialize and further develop the app
as it launches world-wide. Atlas Venture, Boston Seed Capital, and Bantam Group led the round.
Acme Packet acquired by Oracle for $2.1B
Acme Packet® (NASDAQ:
APKT) today announced that it has entered into an agreement to be
acquired by Oracle (NASDAQ: ORCL) for $29.25 per share in cash
representing a fully diluted equity value of $2.1 billion. Net of cash
this represents an enterprise value of $1.7 billion.
The combination of Oracle and Acme Packet is expected to accelerate
the migration to all-IP networks by enabling secure and reliable
communications from any device, across any network. Users are
increasingly connected and expect to communicate anytime and anywhere
using their application, device, and network of choice. Oracle
Communications along with Acme Packet can help service providers and
enterprises meet these demanding requirements by delivering an
end-to-end portfolio of technologies that will support the deployment,
innovation and monetization of all-IP networks.
Crashlytics acquired by Twitter
Excerpt from the Crashlytics blog post - What an incredible journey this past year has been — today, we’re
excited to announce: we’re merging with Twitter to take our platform to
an entirely new level!
started Crashlytics a little over a year ago to address a huge hole in
mobile app development. With hundreds of millions of devices in use
around the world, it was impossible for developers to fully test every
edge-case and catch every bug before release. Even worse, when problems
did crop up, it was often difficult and complicated to find the root
cause. App developers were stuck with little insight into what happened
and forced to rely on vague end-user feedback to diagnose problems.
True Office raises $3M in funding
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.
Apperian raises additional funding
Enterprise mobile application management (MAM) pioneer Apperian, Inc. today announced that the company has received a strategic investment from Intel Capital,
Intel’s global investment and M&A organization. The additional
capital builds on previous investments from top firms including Bessemer Venture Partners, Kleiner Perkins Caufield & Byers, and North Bridge Venture Partners
and brings Apperian’s total funding to date to $28 million. The
investment comes at a time where Apperian is seeing significant growth
due to the increasing demand for technology that can help enterprises
manage and secure mobile applications and tackle BYOD head-on.
LoopIt raises initial funding
Redstar Ventures, a Cambridge-based “venture foundry” announced on Wednesday that the early-stage venture capital fund Avalon Ventures has led an investment in LoopIt, an operating company from Redstar Ventures. The investment is the first external seed funding for LoopIt and will be used for research and development of its “conversation engine,” which is designed to help consumers tap friends across their social networks for advice when shopping online. Redstar said LoopIt is just one of the operating companies it will formally announce in 2013.
Zipcar acquired by Avis for approxmiately $500M
Avis Budget Group, Inc. (NASDAQ: CAR) and Zipcar, Inc. (NASDAQ: ZIP),
the world's leading car sharing network, today announced that Avis
Budget Group has agreed to acquire Zipcar for $12.25 per share in cash,
a 49% premium over the closing price on December 31, 2012,
representing a total transaction value of approximately $500 million.
The transaction is subject to approval by Zipcar shareholders and other
customary closing conditions, and is expected to be completed in the
spring of 2013. The Boards of Directors of both companies unanimously
approved the transaction, and Zipcar shareholders representing
approximately 32% of the outstanding common stock have agreed to vote
their shares in support of the transaction.
Nara raises $3M in funding
As reported by the Boston Business Journal, Nara is Cambridge has raised $3M in funding, which was led by Account Management LLC. Nara is a consumer based recommendations service.
Adelphic Mobile raises $10M in funding
Adelphic Mobile, developers of an innovative mobile advertising
platform that enables brands to target their mobile customers with
relevant ads, announced today that it has received a $10 million
investment. The investment was led by Google Ventures with
participation from original investor Matrix Partners. As part of the
new investment, Rich Miner of Google Ventures has joined Adelphic’s
board of directors. The new funds will be used to accelerate product
development and scale the company.
Getabl / Pingup raises $4M in new funding
As per SEC filings, Getabl in Boston, which powers Pingup has raised $4M in funding. Pingup is a enables consumer to business text-based communication.
Lookout Gaming raises $1.3M in funding
As per their company blog, Lookout Gaming has raised $1.3M in seed funding from Atlas Venture, NextView Ventures and gaming industry veterans Mark Jung and Jeff Natland. Lookout Gaming is a stealth mode startup that is changing the world of
mobile gaming forever. We're creating a totally new kind of gameplay for
gamers and unlocking new revenue streams for developers that will dwarf
those coming from today’s archaic banner ads.
Cignifi raises $1.5M in funding
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.
Spindle raises $2.3M in funding
Spindle in Boston, MA has raised $2.3M in funding. Investors in Spindle include Polaris Venture Partners, Atlas Venture, Greylock Partners, Lerer
Ventures, SV Angel, Broad Beach Ventures, Project 11, Ray Ozzie, and Raman
Narayanan. Spindle is building
products that weave the online social world together with the world
Scratch Wireless raises $900K in funding
As per SEC filings, Scratch Wireless in has raised $900K in funding. Scratch Wireless provides free mobile smartphone service in the USA. As long as you are connected via WiFi you pay nothing for voice, text messaging, picture messaging, and Internet.
Aquto raises $8M in funding
Per the WSJ, Aquto in Boston, MA has raised $8M in funding from Matrix Partners & North Bridge Venture Partners. Aquto is a stealth mode startup, whose mission of Aquto is to change the mobile industry when it comes to how mobile internet services are bought and packaged.
Zmags raises $6M in funding
provider of commerce-enabled digital catalogs and publications, today
announced that it has completed a $6 million investment led by North
Atlantic Capital. The firm’s managing director, David Coit, joins Zmags’
board of directors. Zmags’ previous investors – OpenView Venture
Partners and NorthCap Partners – also participated in the round, which
will be used to accelerate growth and fuel product innovation to meet
the needs of large retail and consumer brands looking to engage with
shoppers across mobile, social and online channels. This brings Zmags’
total funding to $18 million.
Zmags is the only technology provider that enables retailers and brands
to build engagement and commerce directly into digital catalog and
publication experiences across all channels and devices from a single
platform. In Q3 2012, the company signed 74 new accounts, representing a
28 percent increase year over year. Additionally, Zmags continued to
deliver bespoke digital shopping experiences for world-class brands such
Container Store, Serena
& Lily and PartyLite.
Perfecto Mobile raises $15M in funding
Perfecto Mobile announced it has secured $15 million in the company’s
third round of financing. In recent years the company has achieved over
100 percent annual revenue growth, established a customer base of more
than 600 organizations, and led the market in product innovation. This
latest funding, led by Globespan Capital Partners, a global venture
capital firm specializing in information technology, joined by existing
investors Carmel, Vertex and the Waisbein Fund, will further Perfecto
Mobile’s business growth and accelerate continued innovation.
ByteLight raises $1.25M in funding
ByteLight, a provider of LED
(light-emitting diode) based indoor positioning technology, today
announced that it has received $1.25 million in funding from individual
and institutional investors, led by VantagePoint Capital Partners.
ByteLight will use the funding to build its team, deploy at pilot
locations and expand its ecosystem of lighting partners. Using
ByteLight’s LED lighting-based indoor positioning solution, commercial
and enterprise building owners, public safety officials, retail outlets
and public spaces such as airports, museums and convention centers can
target customized information, special offers and other data directly to
users based on their precise location inside a building.
Localytics raises $5.5M in funding
Localytics launched a new app marketing platform
on top of its enterprise app analytics service and secured $5.5 million
in Series B financing. Polaris Venture Partners led the round with all
existing investors including New York Angels, Launchpad Venture Group
and Hub Angels participating. In just three years Localytics has
established itself as the leading enterprise app analytics
and marketing solution supporting over 350 million devices. The new
funds will be used to expand the app analytics and marketing automation
Sand 9 adds $3M more to Series C investment
9, Inc., a pioneer in precision MEMS timing products for wireless
and wired applications, today announced that Ericsson
(NASDAQ: ERIC), a world-leading provider of telecommunications equipment
and services to mobile and fixed network operators, has invested $3
million in the company.
Timing devices provide the ‘heartbeat’ for all electronic applications,
which include wireline communications infrastructure and cellular base
stations, as well as mobile and wireless applications. Sand 9’s
micro-electromechanical systems (MEMS) timing products offer significant
advantages over legacy quartz crystal solutions, which currently
dominate this market. Sand 9’s timing products offer greater immunity to
electromagnetic interference (EMI) and vibration in combination with low
noise and high stability, which ensures precision timing—even in