Mergers & Acquisitions

Brightcove, a Cambridge, MA based Internet TV company, acquired MetaStories, a Seattle,WA based rich media production company, for an undisclosed amount.

Cadre Technologies, a Denver, CO based provider of supply chain management software that incorporates real-time warehouse management software system, acquired LDS , a Denver, CO based provider of warehouse management software and internet logistics solutions, for and undisclosed amount.

SafeView, a Santa Clara, CA based a security systems and portals provider, for an undisclosed amount.

Protegrity, a Stamford, CT based maker of data security management tools, acquired OmniSecure, a Santa Clara, CA basedprovider ofdata security, for an undisclosed amount.

Retail Systems Alert Group, a Newton, MA based provider information resources for the Extended Retail Industry, acquired Helmers Publishing, a Dublin, NH based publisher of high tech magazines, for an undisclosed amount.

SkillJam Technologies, a Toronto based online gaming company, acquired WorldWinner, a Newton, MA based online gaming company, for $23 million.

VeriSign, a Mountain View, CA, based provider of intelligent infrastructure services, acquired m-Qube, a Watertown, MA based supplier of mobile media content, for $250 million.

WorldCell, a Silver Springs, MD based provider of global wireless communications, acquired Mobile-Mind, a Watertown, MA based provider of wireless and smart card deployment, for and undisclosed amount.

Funding

Airgain – Carlsband, CA; a developer of smart antennas technology that increases the reach and bandwidth of home wireless systems; $4.1 million; Series B; Northwater Capital.

Asetek – Denmark; a developer of computer and graphics chips cooling; 6 million; Series A; Kt Venture Group, Northzone Ventures, Vaekstfonden.

Centeris – Bellevue, WA; a developer of software for managing Linux servers in Microsoft Windows Networks; $11.5 million; Series B; Trinity Ventures, Intel Capital, Ignition Partners.

Comverge– East Hanover, NJ; a provider of demand response hardware and software; $5.5 million; Series C; Air Products, Partners for Growth, Nth Power, EnerTech Capital Partners, Rockport Capital Partners, Norsk Hydro Ventures, Ridgewood Capital, Easton Hunt and Data Systems & Software, Inc.

EnterpriseDB – San Diego, CA; an enterprise-class, open source database company; undisclosed amount; Series A; Sony Online Entertainment, Charles River Ventures, Valhalla Partners.

Groove Mobile – Andover, MA; a developer of technology that delivers music to cell phones; $8.5 million; Series B; Egan Capial, Charles River Ventures, Kodiak Venture Partners, Star Ventures.

Initiatesystems – Chicage, IL; a provider of customer data integration and enterprise master person index software; undisclosed amount; Series E; In-Q-Tel.

IPlato – London, UK; a developer of mobile health care applications; undisclosed amount;round not specified; The Capital Fund.

IRphotonics – Montreal, Canada; manufacturer of infra red fiber optics; $4.2 million; Series A; Innovatech du Grand Montreal.

Mimetogen – Montreal, Canada; a developer of a small molecule drug; undisclosed amount; Series A; VIMAC Milestone, Medica Fund, and MSBi Capital.

Napatech – Copenhagen, Denmark; a developer of programmable high speed Ethernet network adapters; $5million; Series B; Ferd Venture, Northzone Ventures, DTU Innovation.

New West Publishing – Missoula, MT; an online media company; undisclosed amount; Series A; Maury Povich, Brad Feld, John Connors.

Proofpoint – Cupertino, CA; a developer of large enterprise messaging security solutions; $20 million; Series E; Bridgescale Partners, Benchmark Capital, Inventures Group, Meritech Capital Partners, Mohr, Davidow Ventures, and RRE Ventures.

RapidMind – Waterloo, Ontario; a developer of a software development platform designed for high performance processors; undisclosed amount; round not specified; Business Development Bank of Canada.

Rome – Austin, TX; a provider of risk management solutions; $14 million; Series B; Azure Capital Partners, Powershift Ventures.

Sonopia - Menlo Park, CA; a developer of technologies and online services that enable increased segmentation of the mobile subscriber market; $2.3 million; Series A; Comventures, Sevin, Rosen funds.

Upsteed – Israel; a developer of a cell phone adverting system designed to reduce costs to end users; $5 million; Series A; Accel Partners, Sequoia Capital.

Vayusa- Newton, MA; a provider of software where customers pay for merchandise by cell phones; $10 million; Series A; Seapoint Ventures.

Xactly – San Jose, CA; a provider of on demand sales compensation applications; $8 million; Series B; Outlook Ventures, Spinner Asset Management.

IPO Pricings

Nextest Systems Corporation (NASDAQ: NEXT)
San Jose, CA
Provider of automated testing products used to screen nonvolatile (flash) memory, microcontrollers, application-specific integrated circuits, and system-on-a-chip (SOC) semiconductors for defects.
Date of Offering: 3/22/06
Offer Price: $14.00
Closing Price as of 3/24/06: $16.05
Avg Volume: 310,600

IPO Filings

CommVault Systems, Inc. (NASQAQ: CVLT Proposed)
Oceanport, NJ
Provides storage and data management software that customers use to manage and store enterprise data.
Date of Registration: 3/17/06
Offering amount: $150 million
Lead Underwriter: Credit Suisse Securities (USA) LLC.

Local Matters, Inc.(NASQAQ: LOCL Proposed)
Denver, CO
Provides storage and data management software that customers use to manage and store enterprise data.
Date of Registration: 3/22/06
Offering amount: $57.5 millionLead Underwriter: Cowen & Company.

Executive Moves

Active Reasoning, a Palo Alto, CA based provider of software for managing IT compliance, named William Winters as Chairman, President, and CEO. Winters was formerly VP and General Manager at Siebel Systems.

ClickSoftware Technologies, a Burlington, MA based provider of workforce and service optimization solutions, named Hannan Carmeli as COO. Carmeli was formerly
VP for Professional Services and EVP for Field Operations for ClickSoftware.

Configuresoft, a Colorado Springs based provider of systems management technology software, named Andrew Bird as VP of Marketing and Steven Johnson as CFO.

EKOS, a Bothell, WA based provider of ultrasound-assisted, fluid infusion catheters for diagnosis and therapy named Doug Hansmann as Chief Operating Officer, Michael DellarioVP of Marketing and Jennifer VaughanVP of Sales. Dellario was formerly with Angio Dynamics. Vaughan was formerly Director of Sales at Guidant.

Ivara, a Burlington, Ontario based provider of asset management software named Gerry Bleau as CEO. Bleau was formerly CEO of Decision Dynamics Technology Ltd.

Perimeter Internetworking, a Milford, MA based provider of data security services, named Kevin Prince as its Chief Security Officer. Prince formerly founded Red Cliff Solutions.

ProfitLine, a San Diego, CA based provider of telecom expense management solutions, named Stephen Hundley as President and CEO. Hundley was formerly Executive Director and COO for Accenture Procurement Solutions.

VoiceObjects, a San Mateo, CA based provider of software for voice-based applications, named Beatriz Infante as Chief Executive. Infante was formerly interim CEO of Sychron.