News & Updates - Wednesday, September 20, 2006
Investools pays $340M For Thinkorswim
Investments
SWEDEN Netadmin has raised $6.06M (Broadband management software)
ALISO VIEJO, CA DATAllegro has raised $22.5M in Series C led by Jafco Ventures (Data warehousing appliances)
BOTHELL, WA Dexterra has raised $6M in additional Series D (Mobile workforce software)
CAMPBELL, CA Soonr has raised $6M in Series A (Mobile access to PCs via cell phone)
SUNNYVALE, CA Canesta has raised $5M From Honda Motor (Semiconductors to measure 3D spaces)
MCLEAN, VA Cyren Call Communications has raised $4M in Series A (Public safety mobile network)
M&A
SALT LAKE CITY, UT InvesTools [Nasdaq: IEDU] to acquire ThinkorSwim Group for $340M. ThinkorSwim raised $22.5 million in VC funding in 2004 from TCV (Online brokerage)
RESTON, VA Art Technology Group [Nasdaq: ARTG] to acquire eStara for $48.3M. eStara raised $17M in VC funding. (Online sales conversion tools).
PHILADELPHIA, PA AppLabs Technologies has acquired IS Integration for $36M (IT/business solutions testing consultancy)
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