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Mergers & Acquisitions
JBoss, an Atlanta based developer of a Java-based application server using open source technologies, acquired Objectone, a Berlin based systems integrator and service provider for Java and open source enterprise-critical applications, for an undisclosed amount.
NeoMedia Technologies, a Fort Myers, FL based provider of wireless services and patented technologies that provide automatic links to mobile Internet-based information, acquired Gavitec, a Wurselen, Germany based provider of code readers for mobile marketing, mobile ticketing, and mobile couponing, for $7.2 million.
Netifice Communications, a Norcross, GA based provider of flexible IP VPN solutions, acquired MegaPath Networks, a Pleasanton, CA based provider of broadband services to small and medium-sized businesses., for an undisclosed amount.
Sun Microsystems acquired Aduva, a Sunnyvale, CA based provider of software automation tools for Linux systems management, for an undisclosed amount.
Funding
airBand Communications – Dallas, TX; a fixed wireless company for business customers; $8 million; round not specified; Key Venture Partners, Crescendo Ventures, Dolphin Equity Partners, Sevin Rosen Funds.
Anaqua – Boston, MA; a developer of intellectual asset management (IAM) software solutions; $4 million; Series A; Northstar Global Partners.
ApaceWave Technologies – Saratoga, CA; a developer of broadband wireless access solutions; $12.1 million; Series A; DCM-Doll Capital Management, Venrock Associates, WK Technology Fund.
Command Information – Herndon, VA; a provider of Internet Protocol version 6 (IPv6) strategy, tactical direction, and product development services to Fortune 1000 and Government customers; $16 million; Series A; Carlyle Group, Novak Biddle Venture Partners.
EnVysion – Boulder, CO; a broadband video surveillance company; $3 million; Series A; Bear Equity, Columbia Capital, Ledcor Technical Services.
Exterity – Scotland, UK; a developer of products to deliver broadcast quality digital video over IP networks within buildings; $1.43 million; Series A; Scottish Enterprise, Sigma Technology Group.
Good Technology – Santa Clara, CA; a provider of mobile enterprise software on smart phones and mobile platforms; $30 million; Series E; ValueAct Capital, Benchmark Capital, Crosslink Capital, k1 Ventures Limited, Kleiner Perkins Caufield & Byers.
GroupSystems – Broomfield, CO; a provider of team collaboration services and software solutions; $1 million; round not specified; Slottsbacken.
Linux Networx – Bluffdale, UT; a developer of Linux cluster solutions and management tools; $10 million; Series C; Oak Investment Partners, Tudor Ventures.
mBlox – Sunnyvale, CA; provides message delivery and mobile billing services to businesses worldwide; $25 million; Series D; Trident Capital, Avanti Capital, BA Venture Partners (BAVP), Norwest Venture Partners, Novus Ventures.
Movimento Group - Gothenburg, Sweden; a developer of electronic solutions and software for the automotive industry; $3.8 million; round not specified; EQVITEC Partners.
Penthera Technologies – Pittsburgh, PA; a developer of mobile broadcast software multimedia, including video and audio services, targeting broadcasters, OEMs, ODMs, and network operators; $6.5 million; Series A; Warburg Pincus, ITU Ventures.
Serendipity – Tel Aviv, Israel; developer of a new method for presenting information mined from enterprise systems; undisclosed amount; pre-seed; Genesis Partners.
Solidcore Systems – Palo Alto, CA; a provider of IT control solutions; $10 million; Series C; Matrix Partners, Menlo Ventures, Sevin Rosen Funds.
Third Screen Media – Boston, MA; a developer of mobile advertising and marketing software and services; $5 million; Series B; TD Capital, Blue Chip Venture Company.
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IPO Pricings
Liquidity Services, Inc. (NASDAQ: LQDT) Washington, DC Online auction firm which provides manufacturers, retailers, and corporations with an electronic business-to-business marketplace to dispose, liquidate, and track goods in the reverse supply chain. Date of Offering: 2/23/06 Offer Price: $10.00 Closing Price as of 2/24/06: $12.25
IPO Filings
Wintegra, Inc.(NASDAQ: WNTG Proposed) Austin, TX Wintegra designs access packet processors used in networking equipment. Date of Registration: 2/17/06 Offering amount: $86.25 million Lead Underwriter: Goldman, Sachs & Co.
Executive Moves
Cipio Partners, a Mujnich based investment management firm in the secondary direct market, promoted Principal Roland Dennert to Partner.
Clarus Systems, a San Francisco based provider of quality-assurance software for enterprise Internet protocol telephony, named John McCormack as CFO. McCormack was formerly EVP and CFO for Transware PLC.
Everdream, a Fremont, CA based provider of on-demand desktop management services, named Joe Consul as CFO and Lou Muggeo as VP of Customer Operations. Consul was formerly VP of Finance & CFO of Arcot Systems. Muggeo was formerly a VP at Kronos.
Grotech Capital Group, a Baltimore based private equity firm focused exclusively on the Mid-Atlantic and Southeastern United States, promoted VPs Charles P. Cullen, Erik O. Morris, Joel J. Radtke and Stephen M. Frederick to Principals.
Procuri, an Atlanta based provider of on-demand supply management solutions, named Tim Minahan as SVP of Marketing. Minahan was formerly Chief Services Officer at Aberdeen Group.
TrenStar, a Denver based RFID designer and implementer and mobile asset management specialist, named Edward Flaherty as CFO. Flaherty was formerly employed by ProSavvy.
Trinity Ventures, a Menlo Park, CA based early stage venture capital firm, named Ajay Chopra as a Venture Consultant. Chopra co-founded Pinnacle Systems.
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