News & Updates - Tuesday, November 28, 2006
Neustar Pays $139M for Mobile IM's Followup And Other Fresh Deals
Investments
+ NEW YORK, NY TAKKLE has completed its Series A(Online social network for high school sports)
+ TORONTO, CANADA First Coverage has raised $5, in first-round funding. (Coverage optimization software for institutional investors)
+ ATLANTA, GA Neurostar Solutions has raised $5M (Virtual radiology network/community website)
M&A
+ UK NeuStar [NYSE: NSR] has acquired Followap for $139M. Followap revenue to exceed $25M in 2007. Followap raised $12M in a 2001 Series B funding round, at a post-money valuation of $34M (Mobile instant messaging)
+ NORWAY FAST Acquires Platefood's For €8.1M (Contextual Search)
IPO
+ SWEDEN Tilgin to float on the Stockholm Stock Exchange on December 15, to raise about €11.5M.(Interactive TV/Internet/Voice)
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