Voxeo buys messaging platform IMified
Communications service provider Voxeo announced that it purchased IMified, a hosted development platform for instant messaging applications, for an undisclosed amount. The deal is part of a broader acquisition startegy for Voxeo, which has already gobbled up two companies this year and has designs on three more. It hopes to provide its customers with more conversational modes of communication over any medium.
Voxeo has remained fairly immune from the downturn, seeing a 105 percent jump in… Continue Reading
Q&A: Bill Me Later’s Gary Marino on surviving eight years before a (nearly) billion-dollar exit
Bill Me Later went through a few near-death experiences as a start-up in the payment services industry. The company had to revise its business plan before it figured out its real service: performing instant credit checks on Internet users so that they can buy goods online without using a credit card. When someone wants to buy something, Bill Me Later runs a credit check on them. If they are running up bills or they owe… Continue Reading
LSI buys Tarari, a network security-control co., for $85M
LSI Corporation said it has agreed to acquire Tarari, a San Diego, Calif. maker of chips and software for network security and control, for approximately $85 million in cash.
According to the statement:
Tarari products enable high levels of performance for content-aware networking applications such as anti-virus, anti-spam, intrusion detection and prevention, XML security and advanced network control. Additional services include compression, cryptography and encoding for a wide variety of applications.
It was spun out of Intel Corp…. Continue Reading
DemandTec, consumer demand management software co., prices IPO
DemandTec, a San Carlos, Calif. company that makes consumer demand management software, priced its 6 million initial public offering shares at $11, within its estimated range of $10 to $12 a share.
The company is backed by Altos Ventures, Cargill and Crosspoint Venture Partners.
Consumer product manufacturing software co., DemandTec, buys deal management co., Tradepoint
DemandTec, a San Carlos maker of software for retailers and consumer products manufacturers, said it has acquired TradePoint Solutions, of Pleasanton, which makes deal management software linking manufacturers, sales agencies and retailers.
The TradePoint software application will now be marketed as DemandTec TradePoint.
DemandTec raised around $50 million in venture funding from firms like Altos Ventures, Athena Technology Ventures, Cargill Ventures and Crosspoint Venture Partners.
Technical Communities raises round for gov. contracting services
Technical Communities, a service provider for technical organizations that sell to U.S. government agencies and prime federal contractors, has raised an undisclosed amount in a fourth round of financing.
The round included all previous investors, including Crosspoint Venture Partners, Netmarket Partners, New Enterprise Associates (NEA), and Technology Crossover Ventures (TCV), the company said in a statement.