Hot 13 Startup Funding and Acquisitions This Week
Another busy week for investors and companies looking to expand has come to a successful end. Starting a new business is typically challenging, especially when it comes to raising money…
Acquisitions
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Yahoo Pays $30M for Summly (News Reading App founded by a 17-year-old Entrepreneur)
Yahoo has acquired Summly, the mobile news reader app founded by a 17 years young British entrepreneur. Yahoo said it plans to close down the actual app and use the…
Dropbox Acquires a Month old Mailbox iPhone App
Mailbox, the most hyped email productivity iPhone app recorded 1.3 million reservations before launch last month. Just one month after launching its app to the public, Mailbox has been acquired…
Google Pays $250 Million for Wildfire (Social Advertising Startup)
Google has acquired yet another startup- Wildfire( a social advertising startup). Wildfire describes itself as “an easy-to-use yet powerful tool to grow, engage, and monetize your audience on Facebook, Twitter, YouTube…
The Mapping War Is On: Amazon Acquires UpNext (3D Mapping Startup)
Amazon has acquired a 3D mapping startup possibly to take the Kindle fire to the next level. Mapping is now the latest sensation for the tech giants. Google, Apple and…
This Week In Startup Venture Deals: Top 10 You Should Know
A practical “use of funds” is a crucial component of most startups’ financial plans. It is mostly tied to major milestones and the impact of such milestones are clearly spelt…
Facebook Acquires Another Startup-Tagtile, A Mobile Loyalty Program
Facebook has acquired another startup-Tagtile, after its $1 billion acquisition of Instagram a few days ago. This is the second acquisition in single week.Tagtile helps local businesses identify, engage and…
Facebook Acquires Instagram For $1 Billion In Cash And Stock
Mark Zuckerberg’s Facebook has just acquired Instagram- the popular photo sharing app for approximately $1 billion in cash and stock. The transaction, which is subject to customary closing conditions, is…
Groupon Acquires Hyperpublic: Should Foursquare Be Worried?
Groupon, an established leader in the daily deals market has acquired Hyperpublic,a two-year-old location-based startup. Hyperpublic is an open database of people, places, and things tied to a specific location.…
LinkedIn To Acquire Rapportive For About $15 Million
Rapportive, a browser plugin that shows you everything about your contacts right inside your Gmail will soon be acquired by LinkedIn. Sources close to the story including Techrunch has stated…
Groupon Acquires Adku(e-Commerce Data Stealth Startup)
Groupon, the group deals giant has acquired Adku- a stealth startup founded by ex-Googlers based in San Francisco. Adku is backed by Greylock Partners, Battery Ventures and True Ventures. Adku was…
IBM Acquires Worklight (Israeli Mobile Software Company)
IBM today announced a definitive agreement to acquire Worklight in a move that will help expand the enterprise mobile capabilities it offers to clients. Worklight is a privately held Israeli-based…
Twitter Acquires Dasient To Boost Its Security
Twitter has acquired Dasient, a web anti-malware technology. Dasient protects the websites of leading financial services, e-commerce, media, web hosting and other global enterprises from losses of data, revenue and…
Twitter Acquires Summify, But Plans To Shut It Down
Twitter has acquired Summify but is planning on shutting down the social news service. Summify automatically identifies the most important news stories for you across all of your social networks…
eBay Acquires BillSAFE(Invoicing Company based In Germany)
eBay today announced that it has acquired BillSAFE, a purchase-on-invoice technology provider based in Germany. The deal follows eBay’s minority stake investment in BillSAFE in October 2010. BillSAFE works with…
ReadWriteWeb(Technology Blog) Has Been Acquired For $5 Million
ReadWriteWeb(RWW), a popular weblog that provides Web Technology news, reviews and analysis, covering web apps AND web technology trends has been acquired by SAY Media. Techcrunch has reported that ”…