Roundup: The Classmates.com IPO flop, two acquisitions, and more
Here’s the latest action:
1) Classmates.com IPO called off
2) Microsoft buys Multimap for $50M
3) StyleHive picks up StyleDiary
4) Toshiba’s new lithium-ion released
5) Venture Hacks on legal fees and VCs
6) Zoho Show adds on functions
7) Six Apart sets Movable Type free
Guardian Analytics launches product
United Online cancels Classmates.com IPO — One less for the story books of internet success: United Online has nixed the nearly $180 million Classmates.com public offering, planned to take place on the Nasdaq. PaidContent… Continue Reading
Guardian Analytics raises $4.5M for fraud prevention for financial industry
Guardian Analytics, a Los Altos, Calif company focused on helping financial institutions prevent online fraud, said it has raised $4.5 million in a second round of financing.
Foundation Capital led the investment, and follows the firm’s earlier $1.25 million seed investment in the two-year old company.
The company provides banks, credit unions and brokerages with analytics of online user behavior to detect fraud threats, and advises them how to respond.