alarm:clock

News & Updates - Thursday, April 27, 2006

MSFT Spins Out Social Networking Startup - Wallop - And Other Fresh Deals

Investments
FOSTER CITY, CA FirstRain Has Secured $18.69M of a $22MSeries AA recap (Real-time Business Intelligence)
SAN MATEO, CA Contactual Has Raised $9M in Series A (Hosted Contact Centers)
FRANCE Steamezzo Has Raised $13.6M in Second-round Funding (Rich Media for Mobile Devices)
ISRAEL Olista Has Raised $10M in A Second-round (Service Adoption Management For Mobile Operators)
ISRAEL Swift-Find raises $8M (Stolen Property Search)
ISRAEL Eyesquad Has Raised €4M (Micro-imaging Technology)
BELLEVUE, WA TeraCloud Raises $4.5M (Storage Software)
MENLO PARK, CA Soasta Has Secured $1.98M of a $2.22M Series A (SOA Automation)

M&A
CAMBRIDGE, MA Parametric Technology [Nasdaq: PMTC] To Acquire Mathsoft Engineering & Education For $63.25M (Engineering Software)
ATLANTA, GA The Home Depot To Acquire Home Decorators Collection (Online Catalog)
BELLEVUE, WA MyFamily.com Has Bought Encounter Technologies

IPO
ISRAEL Allot Communications Readies for IPO (Networking Management)

Spin-outs
SAN JOSE, CA Microsoft To Spinout A start-up Called Wallop Inc. (Social Networking Technology)

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