Imprivata® (NYSE: IMPR), the healthcare IT security company, announced that it has entered into a definitive agreement to be acquired by an affiliate of Thoma Bravo, LLC, a leading private equity investment firm. Under the terms of the agreement, shareholders of record will receive $19.25 in cash per share of Imprivata common stock, which represents a 33% premium to Imprivata’s last closing stock price of $14.50. The value of the transaction is approximately $544 million.
Recently, Education Growth Partners, headquartered in Stamford CT, completed a Series B round of investment in Modo Labs. EGP is the premier growth private equity firm dedicated solely to providing growth capital to proven, high potential education services companies that offer compelling growth solutions addressing unmet needs in training and education, specifically in K12, higher education, corporate and life-long learning sectors.
Nokia has announced plans to acquire Withings S.A., a pioneer and leader in the connected health revolution with a family of award-winning digital health products and services to help people all over the world lead healthier, happier and more productive lives. Withings will be part of our Nokia Technologies business.
As per Circle's blog post:
Today, we announced two related milestones: a $60M strategic financing from a syndicate of major Chinese strategic investors; and the formation of Circle China, a new Beijing-based company focused on bringing the benefit of open, global, blockchain-powered social payments to Chinese consumers. We want to connect consumers using dollars, pounds, euro and renminbi the same way that the web, email and other protocols have connected consumers globally.
As reported by Fortune Magazine, Notarize in Boston has raised $8M in Series A funding led by Polaris Partners with participation by Founder's Fund and Ludlow Ventures. Notarize is the first on-demand remote electronic notary service, allows anyone to legally notarize a document from their iPhone 24 hours per day, 7 days per week... READ MORE
AVA, a personalized, data-driven nutritional coaching solution currently in private beta, today announced that it closed a $3 million seed funding round led by DCM Ventures, with participation from Khosla Ventures and Eric Schmidt's Innovation Endeavors, among others. The funding enables continued development of AVA’s technology and expansion of its nutritional science team.
As reported by Xconomy, Mylestoned in Boston has acquired the photo-scanning technology of Heirloom, a San Francisco based startup. Mylestoned lets users share and view collections of memories about deceased individuals. The company raised $1.5M in funding earlier this year from Founder Collective, Boston Seed Capital, Converge and notable angel investors... READ MORE
For 5 years, Fiksu has been dedicated to helping brands cost-efficiently find and market to their growing mobile audiences. We’ve amassed 1,300+ brands and app publishers as clients, including 24 of last year’s top 25 grossing apps, been responsible for a remarkable 7.2B app downloads, and collected over 26 trillion app usage points. This data, plus an amazing team of talented and passionate employees, has been Fiksu’s advantage, powering our unique value, our reputation as an industry pioneer, and our clients’ growth.
Today marks the next chapter in Fiksu’s story.
Upserve announced today it has acquired Breadcrumb from Groupon (NASDAQ: GRPN), creating the industry's largest cloud-based restaurant management platform serving more than 6,000 restaurants in every U.S. state.
Bringing together Breadcrumb's mobile Point of Sale with Upserve's smart management assistant allows Upserve to deliver the most complete suite of solutions purpose-built for restaurants to increase profit, improve guest experiences, lift productivity, and reduce costs.