News & Updates - Thursday, December 21, 2006
Seagate Pays $185M For Online Backup's eVault And Other Fresh Deals
Investments
+ CAMBRIDGE, MA Mascoma has received a $14.8M award from the New York State Department of Agriculture and Markets and the New York State Energy Research and Development Authority to build and operate a biomass-to-ethanol demonstration plant in Rochester, New York. The company previously raised $39M (Cellulosic biomass-to-ethanol development and production)
+ PORTLAND, OR Chockstone has raised $14M in Series B (Customer loyalty and profitability programs for retailers)
+ SAN JOSE, CA Forte Design Systems has raised $5.4M in Series D (Software design)
+ SWITZERLAND CoCommenthas raised $1.5M from Netage Capital Partners (Blog comment tracking service)
M&A
+ LAGUNA NIGUEL, CA Hewlett-Packard to acquire Bitfone No financial terms were disclosed. Bitfone has raised over $86M (Mobile device management software)
+ MOUNTAIN VIEW, CA & SWITZERLAND Google Bought Endoxon for €25M (Mapping)
+ EMERYVILLE, CA Seagate Technology to acquire EVault for $185M in cash. EVault has raised over $15M (Online backup services)
+ WALTHAM, MA Citrix Systems to acquire Ardence No financial terms were disclosed. (On-demand software platforms)
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