Burlington, MA
NetSuite Inc. (NYSE: N), the industry’s leading provider of cloud-based financials / ERP software suites, announced today that it acquired OrderMotion Inc., a leader in order management solutions based in Burlington, Mass. The acquisition of OrderMotion’s cloud-based Direct-to-Consumer (D2C) Order Management capabilities add to NetSuite’s cloud-based industry-leading order management system, furthering NetSuite’s focus on this increasingly important and complex business challenge. The terms of the acquisition were not disclosed. READ MORE
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
VMTurbo, the leading provider of software-defined control for cloud and virtualized environments, today announced that the company has closed a series C funding round led by Globespan Capital. VMTurbo’s funding now totals $25 million, with key investments coming from Globespan Capital, and previous investors Bain Capital Ventures and Highland Capital Partners. READ MORE
attune Consulting, a premier global solutions provider to the fashion and lifestyle industries, today announced that MAS Holdings, the leading South Asian manufacturer of fine apparel, and supplier of the world’s leading brands of intimates, activewear and leisure wear, has chosen to invest $20 million to fuel attune’s development as the world’s leading IT business and technology solutions company focused exclusively on the fashion and lifestyle industries. As part of this investment, attune will merge with Sabre Technologies, a software services provider specializing in cloud, mobile and other Web-based technologies, giving the combined company an unparalleled set of skills and services with which to serve its clients. READ MORE
HealthEdge®, provider of the only modern, enterprise-class software platform for healthcare payors, today announced that it has acquired Click4Care, a software company that provides industry-leading care management and utilization management solutions for healthcare payors. This acquisition brings a first to the market, adding next-generation clinical capabilities to the award-winning HealthRules product suite. This will allow HealthEdge clients to manage all aspects of their businesses with a single platform, using a unique, end-to-end offering that will enable them to successfully compete in the new healthcare economy in a way that is not possible with other offerings.
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.
Acquia®, the enterprise guide to Drupal, today announced it has completed a $30 million financing round, bringing total investment in the company to $68.5 million. Led by new investor Investor Growth Capital, the round includes Goldman Sachs and Accolade Partners, as well as all of Acquia’s current investors, North Bridge Venture Partners, Sigma Partners, and Tenaya Capital. Jose Suarez from Investor Growth Capital has also joined Acquia’s Board of Directors.
The new financing round will enable Acquia to accelerate its sales and marketing efforts, and continue its international expansion across Europe and Asia Pacific. Additionally, the funding will amplify Acquia’s efforts to bring unified content, community and commerce solutions to market, helping digital marketing and IT organizations create and deploy content-rich, multi-channel web experiences.
Arcadia Solutions, LLC (“Arcadia” or “the company”), a leading provider of data-driven Health IT services, and Ferrer Freeman & Company LLC (“FFC”), a private equity firm focused on growth capital investments in the healthcare industry, today announced the acquisition of Arcadia by an FFC managed fund and the Arcadia senior management team. Terms of the deal were not disclosed.
Founded in 2002, Arcadia delivers services and proprietary software to large healthcare providers, payors, accountable care organizations and health information exchanges. The company’s solutions enable the successful implementation and optimization of electronic health records (EHRs) in its customers’ ambulatory physician settings and allow customers to analyze and report clinical data. In partnership with Arcadia, customers are empowered to make better clinical and financial decisions and lower the total cost of care.
Veracode, Inc.,
the leader in cloud-based application security testing, today announced
it has acquired the assets of Marvin Mobile Security, the developer of
an innovative mobile app analysis service for enterprises, app stores
and mobile carriers. Terms of the deal were not disclosed.
Marvin’s cloud-based service offers a fast and effective solution for
enterprises facing growing security and privacy concerns posed by the
expanding Bring Your Own Device (BYOD) trend. Marvin’s technology performs mobile application testing
and returns detailed reports on every aspect of the app’s capabilities
and behavior, including malware detection, the potential for data
leakage and privacy loss. The acquisition complements Veracode’s mobile
offering, which has focused on the security requirements of the mobile
app development lifecycle. The combined technology will equip the
enterprise with the necessary intelligence to manage and enforce
risk-based mobile app policies within their organization.
Nuance Communications, Inc. (NASDAQ: NUAN) announced today that it has signed a definitive agreement to acquire Quantim®, the Health Information Management (HIM) business of QuadraMed, a provider of leading information technology solutions for the healthcare industry. Working closely with industry partners, including electronic healthcare record (EHR) providers, Nuance and Quantim will ease healthcare providers’ transition to ICD-10, while preserving clinician productivity and document workflows and, most importantly, ensuring the quality of patient care.
Nuance Communications, Inc. (NASDAQ: NUAN) announced it has signed an
agreement to acquire Ditech Networks, Inc. (NASDAQ: DITC). Ditech
Networks’ voice technologies, including the company’s Voice Quality
Assurance (VQA) technology and PhoneTag voicemail-to-text services, will
further enhance Nuance’s portfolio of mobile and enterprise voice
offerings.
As voice is increasingly integrated with a broad array of products
and services, people expect seamless interactions that simply work
anytime and anywhere. Ditech Networks’ portfolio of voice technologies
will help Nuance continue its pace-setting innovations for carriers,
consumers and enterprises across an array of products and services. In
particular, Ditech Networks’ PhoneTag service will enhance Nuance’s
Dragon Voice to Text Services business by adding important customers and
complementary technologies, and further advance innovation supporting
Nuance’s highly-secure, on-premise voice to text platform.
Acquia, the enterprise guide to Drupal,
today announced it has acquired Mollom, a leading provider of content
monitoring solutions for user-generated content. Mollom was co-founded
by Benjamin Schrauwen and Dries Buytaert, who is the co-founder and CTO
of Acquia, and the original creator and project lead for Drupal. Terms
of the acquisition were not disclosed.
The acquisition
will fuel Acquia's continued momentum by expanding its offerings.
Mollom's technology is used by Twitter, Sony Music, Tuenti, Radian6,
Thomson Reuters, Stanford University and more than 50,000 other web
sites. In addition, Mollom's analytics technology will enable Acquia to
build the Internet's first social content moderation platform, which
will help both Drupal and non-Drupal users filter spam and other
unwanted or damaging user-generated content from their web sites.
ClickFuel, provider of Fuel Station, a SaaS-based marketing analytics
and performance management solution tailored for small to medium-sized
businesses, today announced that it is now providing more than 200,000
activated dashboards for SMBs to access, track and monitor marketing
initiatives and results. Through more than two dozen partners, Fuel
Station addresses the challenge SMBs face in maximizing online marketing
spending, tracking campaign effectiveness and reducing the time
necessary to analyze campaign data.
The company recently closed a $4 million Series B Round with Baird
Venture Partners among the participants. The investment will be used to
develop new products and services to expand the use of Fuel Station in
data and business intelligence applications.
VMware, Inc. (NYSE: VMW), the global leader in virtualization and cloud
infrastructure, today announced that it has signed a definitive
agreement to acquire DynamicOps, Inc., a provider of cloud automation
solutions that enable provisioning and management of IT services across
heterogeneous environments – VMware-based private and public clouds,
physical infrastructures, multiple hypervisors and Amazon Web Services.
Terms of the acquisition were not announced. The acquisition is
scheduled to close in Q3 2012 subject to customary closing conditions.
As per SEC filings, Awareness, Inc. in Burlington, MA has raised $2M in funding. Awareness is a provider of enterprise-class, on-demand social marketing management software (SMMS) for marketers to publish and manage social content, engage with their audience and measure the effectiveness their social media activities across multiple social media channels.
Exa Corporation (Nasdaq:EXA) announced the pricing of its initial public offering of 6,250,000 shares of its common stock at a price to the public of $10.00 per share. The shares are expected to begin trading on the NASDAQ Global Market on June 28, 2012 under the symbol "EXA." Of the shares in the offering, 4,166,667 shares are being offered by the company and 2,083,333 shares are being offered by selling shareholders. The selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 937,500 shares at the initial public offering price to cover over-allotments, if any.
FIS™ (NYSE: FIS), the world’s
largest provider of banking and payments technology, today announced
that it has acquired ICS Risk Advisors and Memento, Inc., two leading
firms in the risk, fraud and compliance market. Terms of the deals were
not announced.
The acquisition of these two firms underscores
FIS’ strategy to deliver a full complement of governance, risk,
compliance services and integrated fraud solutions that drive value
throughout the enterprise for financial institutions.
QlikTech (NASDAQ: QLIK), a leader in Business Discovery – user-driven Business Intelligence (BI), today announced it has acquired Expressor Software, a Burlington, Massachusetts-based data management software company and QlikTech Qonnect partner. QlikTech acquired Expressor’s data management solution to help facilitate the expansion of QlikView deployments so people in an organization can have the data they need to make better decisions with all of the critical IT security and governance. The terms of the transaction were not disclosed.
Bridgeline Digital, Inc. (NASDAQ: BLIN), developer of the award-winning iAPPS web engagement platform and related interactive solutions, announced today that it has acquired MarketNet, expanding its North American presence and building the iAPPS distribution network into the South Central United States marketplace.
Autodesk, Inc. (NASDAQ: ADSK), a leader in 3D design, engineering and entertainment software, announced the acquisition of Vela Systems, a provider of cloud and mobile field management software for the construction industry. The addition of Vela Systems field management products to Autodesk's growing portfolio of cloud and mobile products is helping to extend the value of Building Information Modeling (BIM) and project data to construction customers in the field. Terms of the transaction were not disclosed.
Today Certeon Inc. announced that Massood Zarrabian has joined Certeon as Chairman and Chief Executive Officer and that they have raised a new $4 million round of venture capital to fund continuing investments in R&D and Sales.
Decision Resources Group, one of the world’s leading research and advisory firms focusing on healthcare insights and analysis, announced today that it acquired Pinsonault, a leading provider in offering managed markets-specific business and training solutions to the pharmaceutical and biotech industries. The acquisition of Mt. Olive, NJ-based Pinsonault by Burlington, Mass.-based Decision Resources Group will result in a significant expansion of Decision Resources Group’s Market Access Business Unit which currently includes Fingertip Formulary, HealthLeaders-InterStudy and PharmaStrat.
Veracode, Inc., the leader in application security services, today announced it has secured $30M in additional funding from Meritech Capital Partners and existing investors -- Atlas Venture, .406 Ventures and StarVest Partners. Veracode is the only company that can provide scalable application security as a service to help commercial enterprises and government agencies address the acute threat posed by hackers.
Demandware's IPO was priced at $16 for 5.5M shares, above the targeted range of $12.50 - $14.50 a share. Demandware is trading on the NYSE under the symbol DWRE and has already jumped 51% to over $24 a share. Demandware is a leading provider of software-as-a-service (SaaS) eCommerce solutions.
With Transcend, Nuance will accelerate access to and expand its customer base within the small- to mid-size hospital market, which comprises approximately 90 percent of hospitals in the U.S. and increasingly demands cost effective, voice-enabled, clinical documentation solutions to achieve Meaningful Use and the transition to ICD-10. With Nuance’s voice-enabled and Clinical Language Understanding technologies and deep electronic health record (EHR) integration, combined with Transcend’s high-quality transcription and editing services, hospitals can make clinical documentation and workflow more productive and cost efficient and extract greater value from clinical information.
As per SEC filings, Silverlink Communications in Burlington, MA has raised $2M in funding. Silverlink provides services that enable healthcare enterprises to dramatically improve the effectiveness of their communications programs by engaging and driving the behaviors of healthcare consumers.
inVentiv Health, Inc., offering best-in-class clinical, commercial and consulting services to the healthcare industry, today announced that it has entered into a definitive agreement to acquire certain promotional and medical audit businesses of SDI Health, which IMS Health has committed to divest in connection with obtaining regulatory approval of its acquisition of SDI. Financial terms of the transaction were not disclosed.
Nuance Communications, Inc. (NASDAQ: NUAN) announced it has signed an agreement to acquire Vlingo, Inc. Fueled by unprecedented demand for intelligent voice interfaces that combine voice, language understanding and semantic processing, Nuance and Vlingo will combine their deep innovation and R&D expertise to deliver next-generation natural language interfaces across numerous markets and industries.
Consumer interest and demand for virtual assistant and voice-enabled capabilities have exploded in recent months, creating a $5 billion market opportunity that spans phones, tablets, cars, televisions, navigation devices, music players, PCs and more. Both Nuance and Vlingo see an unprecedented appetite for intelligent devices that understand the spoken word and deliver outcomes for consumers and professionals.
As per SEC flilings, Expressor Software in Burlington, MA has increased a previously round of funding ($4.5M) to $6M. Expressor Software is an enterprise class data integration product company.
In a move that extends IBM’s Smarter Commerce solution portfolio, IBM has announced the intent to acquire Emptoris, Inc. – a leading provider of strategic supply, category spend and contract management solutions.
Smarter Commerce is unique approach to the commerce lifecycle that increases the value companies generate for their customers, partners and shareholders in a rapidly changing digital world. It is designed to help companies better integrate and more effectively manage their value chain, including buy, market, sell, and service processes to put the customer at the center of decisions and actions leading to greater customer loyalty, revenue / margin growth and agility.