Funding & Acquisitions:

Funding & Acquisitions 

Alibaba has filed for an IPO intending to raise $1B. F-1 Document reveals revenue for the first nine months of its fiscal year 2013 of $6.51 billion and net income of $2.85 billion for the same period. The company has 8M active sellers, accounts for 76.2% of all mobile ecomm sales in China. Link

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Google is acquiring Adometry that specializes in online ad attribution –i.e. the science of crediting various online ads for influencing a person to take an action, such as clicking on an ad or buying something. Deal terms not disclosed. Adometry has raised $8M in funding. Link

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AOL has acquired Convertro, a marketing optimization platform, for $101M – $89M in cash and $2M in converted stock awards and $10M earn out over 17months. The company had raised $5M from Bessemer Venture Partners, DAG Ventures and MHS Capital and Founders Collective. Link

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Security & intrusion detection company, FireEye has bought nPulse Technologies to give customers easier insight into the nature of a network intrusion. FireEye will pay $60M in cash & issue $10M in stock consideration depending on milestones. FireEye wants to give complete coverage from detection to activity to historical review of what happened. Link

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Single page promotion website platform Smore has raised $1.7M from Founder’s Co-op, Greylock Partners Israel and various angels. Claims to have 500,000 registered users

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CRMnext has raised an undisclosed amount of funding from Northwest Venture Partners. Plans to use the funds into R&D and global expansion. Currently, it present in Asia Pacific, Africa and Middle East regions. Link

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Pegasystems has acquired Bangalore based text analytics and social engagement platform, MeshLabs. Will integrate MeshLabs’ text analytics and Natural Language processing to help clients collect social content. Team will join Pegasystems post merger. Link

 

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