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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Still in stealth mode, San Francisco-based LolApps has closed $4.5M from Polaris Ventures says PeHub. LolApps has done the inevitable to Facebook apps by creating white label versions of popular apps. Its first two products out the gate are a white ... Full Story
We're Not Sold On Salesforce.com Right Now
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The Dow Jones Industrial Average dropped 340 points. Why? Take your pick: weak job data, dismal retail data, or the looming threat of a housing collapse. Any and all could explain why investors fled the market today but ultimately it should make inv... Full Story
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