ProcessUnity raises $5M in funding
privately-held risk management software company, today announced that it
secured $5 million in a Series C round led by Rose Park Advisors’
Disruptive Innovation Fund. The funding will support the company’s rapid
growth and expand marketing and sales of its SaaS solutions. READ MORE
Priceline to acquire Kayak in $1.8B deal
Priceline.com Inc. plans to buy online travel-research
company Kayak Software Corp. for $1.8 billion to expand its travel
Priceline will pay about $500 million in cash and $1.3
billion in stock and assumed options. The deal values Kayak at $40 a
share, a 29 percent premium over its closing price Thursday.
of Kayak — which also reported a 78 percent jump in third-quarter
earnings — soared in after-hours trading while Priceline shares fell.
OneSource acquired by GTCR
GTCR, a leading private equity firm, today announced it has acquired
OneSource Information Services, Inc. (“OneSource”), a subsidiary of
Infogroup, Inc. (“Infogroup”). This acquisition will be completed
through GTCR’s previously established partnership with Cannondale
Investments (“Cannondale”) and Joseph Ripp. Under Mr. Ripp’s leadership,
OneSource plans to further enhance its business intelligence and sales
enablement product offerings in order to continue to provide value-added
information and services to its customers.
Predilytics raises $6M in funding
As per SEC filings, Predilytics in Concord, MA has raised $6M in funding. Predilytics is a Healthcare Information Technology and service company
focused on analytic insights from large data sets using the latest in
computer science. According to the Boston Business Journal, the investment was led by Flybridge Capital and Highland Capital Partners, with participation from Google Ventures and several angel investors.
KAYAK goes public
KAYAK Software Corporation
(Nasdaq:KYAK) announced today the pricing of its initial public
offering of 3,500,000 shares of its Class A common stock at a price to
the public of $26.00 per share. The shares are expected to begin trading on NASDAQ under the ticker symbol "KYAK" on Friday, July 20, 2012.
All of the shares were offered directly by KAYAK. In addition, KAYAK
has granted the underwriters a 30-day option to purchase up to 525,000
additional shares of Class A common stock to cover over-allotments, if
aPriori raises $5M in funding
aPriori, a provider of product cost management software solutions, today announced $5 million in new venture capital from existing investor Sigma Partners. The funding announcement follows record results for fiscal year 2012 ended April 30.
The funding will be used to expand the company’s sales and services teams in Europe and accelerate development of its sales channel in the Asia/Pacific region. aPriori will also continue to invest in the expansion of its product costing capabilities for expert cost engineers and sourcing personnel, and expand best practices within its professional services organization to help customers maximize value from their investments in aPriori.
SpaceClaim raises $4M in funding
As per SEC filings, SpaceClaim in Concord, MA has raised $4M in funding. SpaceClaim leads the 3D Direct Modeling market by delivering
break-through tools that dramatically improve direct design and
engineering processes. The Company’s goal is to lead the market for
direct modeling software, expanding the use of 3D in concept and bid
modeling, model preparation for CAE analysis, rapid prototyping
(additive manufacturing), manufacturing, and industrial design.
KnowledgeVision Systems raises $2M in funding
a leading creator of tools and services for creating online, on-demand
and live multimedia presentations, has closed $2 million in Series A
financing from a group of investors led by GrandBanks Capital. The
company will use the funds to expand its software tool and service
offerings, and to accelerate its market development activities
worldwide. KnowledgeVision is already in use in many of the leading
technology, healthcare, financial services, retail, professional
services, and not-for-profit organizations in the world.
EMC acquires Zettapoint
According to Israel news site called Globes, EMC is acquiring database optimization company Zettapoint for about $10M. Zettapoint has their headquarters in Concord, MA and offices in Or Yehuda, Israel.
Umber Systems merges with Ground Truth and raises $8M
July 14, 2011: Umber Systems, a pioneer in carrier and network analytics and Ground Truth, the mobile measurement firm that provides precise, accurate and actionable measures of Mobile Internet usage, announced today that they have merged. The merged entity will be Mobile Intelligence Solutions, Inc. As part of the merger, the company has raised $8 million from North Bridge Venture Partners, Steamboat Ventures, Voyager Capital, Emergence Capital and OPENAIR Equity Partners.
PolyRemedy raises $20M in funding
June 7, 2011: PolyRemedy, a provider of personalized wound care systems, today announced that it closed a $20 million Series C financing led by Delphi Ventures of Menlo Park, CA and including participation from all current investors—MedVenture Associates, Advanced Technology Ventures and Flybridge Capital Partners. The Company also announced the hiring of industry veteran Cameron McKennitt as Chief Commercial Officer to lead the Sales and Marketing organization.
aPriori raises $4.9M in funding
May 10, 2011: According to SEC filings, aPriori in Concord, MA has raised $4.9M in funding. aPriori software and services generate hard-dollar product cost savings for discrete manufacturing organizations. Using aPriori’s real-time product cost assessments, employees in sourcing, manufacturing and design engineering make more-informed decisions that drive costs out of products pre- and post-production. With aPriori, manufacturers launch products at cost targets, maximize savings in re-work projects and avoid overpaying for sourced parts.
KnowledgeVision Systems raises $2M in funding
January 5, 2011: KnowledgeVision Systems, a leading creator of tools and services for creating online, on-demand and live multimedia presentations, has closed $2 million in Series A financing from a group of investors led by GrandBanks Capital. The company will use the funds to expand its software tool and service offerings, and to accelerate its market development activities worldwide. KnowledgeVision is already in use in many of the leading technology, healthcare, financial services, retail, professional services, and not-for-profit organizations in the world.
Memento Raises $12 Million in Fourth Round - Concord, MA
Memento, a Concord-based developer of software for detecting and preventing internal corporate fraud, has raised $10 million in its fourth round of venture capital, according to a report by PE Week Wire, which cited a regulatory filing. Investors in the deal include Rock Maple Ventures, Bain Capital Ventures, and .406 Ventures. Memento was founded in 2003 to develop software for fighting fraud and maintaining compliance at financial institutions. Its customers include credit unions, community banks, and larger banks across North America and Europe.
Memento raises $7.5M Third Round of Venture Capital
Corporate securities software maker Memento Inc. has closed a $7.5 million third round of venture capital funding, led by investor .406 Ventures, Bain Capital, and Rock Maple Ventures.