CMGI's Venture Arm Gets $6 Million from Sale of Portfolio Company - Waltham, MA

CMGI, a Waltham-based provider of supply chain management technology, announced that its venture capital arm, @Ventures, has received $6 million in cash from the sale of Realm Business Solutions, a portfolio company in which @Ventures held a minority interest. Realm licenses software to the commercial real estate industry that supports asset valuation, budgeting and forecasting, property management, and lease management. Insight Venture Partners and Lightyear Capital acquired the company.

http://www.cmgi.com/news/prdata/realmacquired.shtml

Permabit also announced today the closing of a Series C round of funding, totaling at $12 million - Cambridge, MA

Permabit, the leader of Archive Intelligence™, delivers cost-effective solutions for electronic archiving and record retention for fixed content and compliance data. The company announced today the closing of a Series C round of funding, totaling at $12 million. The investment round was led by Baker Capital. The funding will be used to further expand and develop strategic business units within Permabit.

http://www.permabit.com/news-events/press-releases/2005-0907.asp

Polaris Leads Allurent's First Round of Venture Funding - Cambridge, MA

Allurent, a based developer of Internet commerce applications, has raised its first round of venture capital, led by Polaris Venture Partners. Details of the funding were not disclosed. Allurent is developing a line of Internet applications focused on online shopping, from finding and browsing products to pageless order management and checkout.

http://www.allurent.com

WorldCell Acquires Mobile-Mind - Watertown, MA

WorldCell, a Maryland-based provider of managed services for wireless communications, has acquired Mobile-Mind, a Watertown-based developer of smart card technologies, for an undisclosed sum. Blake Swensrud, CEO of WorldCell, said that the deal will allow his company to "continue to push the envelope" for advanced wireless services. WorldCell, which offers technologies ranging from international cell phones to roaming platforms, said that it will begin demonstrating some of those new mobile applications prior to mid-year.

http://www.worldcell.com/

Vayusa Raises $10 Million in First Round - Watertown, MA

Vayusa, a Watertown-based provider of software that lets consumers make purchases through mobile phones, has raised about $10 million in its first round of venture capital, Private Equity Week reported. The company's investors include Ignition Partners, Seapoint Ventures and Oak Investment Partners. MobileLime, a service of Vayusa, was launched in 2001. It allows consumers to make purchases through mobile phones at participating merchants. The has partnered with point-of-sale technology companies such as IBM, POSitouch, StoreNext, and Verifone, and offers payment options with payment processors such as Chase Merchant Services, Paymentech, and Authorize.net.

http://www.mobilelime.com

Groove Mobile Raises $8.5 Million in Second Round of Venture Capital - Andover, MA

Groove Mobile, an Andover-based provider of mobile music downloading services, has raised $8.5 million in its second round of venture capital, led by Egan-Managed Capital, Private Equity Week reported on Monday, citing a regulatory filing. Other investors in the deal include Charles River Ventures, Kodiak Venture Partners and SVM Star Ventures Management.. Groove Mobile's service includes mobile downloads, peer-to-peer sharing, personalized music recommendations, and streaming radio. The company offers access to music from EMI, Warner Music International, V2, Beggars Group, Digital Rights Agency and The Orchard libraries.

http://www.groovemobile.net/

FUN Technologies acquires WorldWinner for $23M - Newton, MA

Online gaming company WorldWinner Inc. has been bought by FUN Technologies Inc. of Toronto. FUN Technology, through its wholly owned subsidiary, SkillJam Technologies Corp., paid $23 million for WorldWinner. WorldWinner hosts more than 10 million games and awards millions of dollars in prizes every month, according to company officials, with an average of 350,000 games played on WorldWinner daily. For the 12 months ended December 31, 2005, WorldWinner reports revenue of $10.67 million, a loss before interest, taxes and extraordinary items of $0.68 million and net assets of $3.91 million.

http://www.worldwinner.com

VeriSign acquired m-Qube for $250M - Watertown, MA

VeriSign Inc. has agreed to acquire Watertown-based mobile channel developer m-Qube Inc. for $250 million in cash. M-Qube, which employs approximately 200, most of which are located in the area, was founded in 2001 and has raised $42 million in venture funding from a cadre of investors including local firms Bain Capital Ventures, General Catalyst Partners, Globespan Capital Partners, Sigma Partners and HarbourVest Partners LLC.

http://www.m-qube.com/html/news/2006/060320.html

WaveMark Raises $4.5 Million in First Round - Littleton, MA

WaveMark, a provider of radio frequency identification (RFID) products, has raised $4.5 million in its first round of venture capital, Private Equity Week reported, citing a regulatory filing. WaveMark serves as a third party for capturing, storing and providing data on high-cost medical supplies for both manufacturers and hospitals. The company plans to raise a total of $8 million in its first round.

http://www.wavemark.net/

Veridiem purchased by SAS - Maynard, MA

SAS reports it has bought Maynard's marketing resource management provider Veridiem Inc.
Financial details of the deal were not disclosed. The acquisition by SAS raises the company's Boston-area presence to about 160 employees, company officials said. The deal is SAS' seventh acquisition by SAS since 2000. In 2003, SAS acquired Marketmax, the provider of advanced retail planning and merchandise intelligence software. Veridiem's employees will join existing employees at SAS' office in Middleton, company executives said. Veridiem's software is designed to promote accountability in marketing organizations, and deliver continuous intelligence about the effect of marketing activities across various channels.

http://www.sas.com/solutions/crm/mrm/landing.html

SupplyWorks Inc. has been acquired by Intuitive Manufacturing Systems for an undisclosed amount - Bedford, MA

SupplyWorks' software is used by manufacturers to communicate with suppliers and reduce inventories.
The Bedford, Mass., firm was founded in 1996 and received more than $26 million in funding. Backers included Waltham, Mass.-based firms Atlas Venture, Longworth Venture Partners, and North Bridge Venture Partners. Intuitive itself was acquired in November by Marlin Equity Partners of El Segundo, Calif., Intuitive sells enterprise planning software for manufacturers, and has its headquarters in Kirkland, Wash.

http://www.supplyworks.com/releases/2006/0314.asp

Everypoint Secures $10M in Second Round Funding - Boston, MA

Everypoint, pioneering a new class of mobile applications for the world's premier content providers, today announced that it has secured $10 million in a second round of funding led by Venrock Associates. Existing investors Prism Venture Partners and TD Capital Ventures also participated in the round.

http://www.everypoint.com/pr_03142006.asp

Mall Networks Raises $2M in First Round of Venture Capital - Lexington, Mass.

Mall Networks, a provider of rewards programs that link affinity organizations and online retailers, which officially launched on Monday, has raised its first round of venture capital, led by IDG Ventures Boston. Mall Networks did not disclose the investment amount, but VentureWire reported that the deal totaled about $2 million. Founded by Dave Andre, formerly founding CTO of Upromise, Mall Networks has brought together over 250 online retailers -- including Lands' End, Teleflora, Overstock.com and Travelocity -- into one online mall. The company customizes the mall for programs designed to increase group member loyalty by providing a one-stop shopping where members can earn points for all of their purchases.

http://www.mallnetworks.com/press/20060313_02.html

Clearstory collects Datawatch for $4.3M in cash - Chelmsford, MA

Westborough's ClearStory Systems Inc. is selling its document archiving business to Chelmsford-based Datawatch Corp. for $4.3 million and other considerations. The deal is expected to close in April.
ClearStory officials said the sale will allow the company to focus on its core digital media businesses, while enabling Datawatch to expand its business in document solutions market, including e-mail management and archiving. The purchase price under the asset purchase agreement is $4.3 million in cash at close, with an earn-out, calculated by multiplying net revenues derived from the product sales by 30 percent for the next 18 months. Clearstory was founded in 1989 as INSCI Corp.

http://www.datawatch.com/datawatch/news.asp?display=detail&id=99

D&B Acquires Open Ratings for $8 Million - Waltham, MA

D&B, a New Jersey-based provider of business information and data, has paid $8 million in cash to acquire Open Ratings, a provider of web-based supply risk management software for manufacturers based in Waltham. Open Ratings, which had $4.5 million in revenue in 2005, helps companies manage supply risk and improve operational and financial performance. The company's customer base includes some large companies in aerospace, automotive and industrial equipment manufacturing.

http://www.openratings.com

Telelogic Acquires Andover's I-Logix for $80 Million - Andover, MA

Telelogic, a Sweden-based software firm, has acquired I-Logix, an Andover-based provider of modeling tools for software systems design, for about $80 million in cash.

http://www.ilogix.com/press-release-detail.aspx?parent=33&id=1532

Bluespec Raises $4.5 Million in Second Round of Venture Capital - Waltham, MA

Bluespec, a developer of tools for designing hardware, has raised and additional $4.5 million in its second round of venture capital, led by Atlas Venture and North Bridge Venture Partners. This brings the total amount raised by Bluespec in two rounds from Atlas and North Bridge to $13 million. Bluespec makes electronic design automation toolsets for hardware design. The technology is designed to reduce design time, bugs and "re-spins" that contribute to product delays and development costs.

http://www.bluespec.com

Unica to Acquire Sane Solutions for $28 Million - North Kingston, R.I.

Unica, a Waltham-based provider of marketing management software, has agreed to pay between $26 million and $28 million to acquire Sane Solutions, a North Kingston-based provider of web analytics software. Terms of the deal include $22.8 million in cash and the rest in Unica stock. Sane Solutions provides technology for analyzing online customer behavior and web traffic. The company had revenue of about $6 million in 2005. Its customers include American Honda Motor Co., Inc., Coca-Cola, CVS, Geico and NASA.

http://www.sane.com/pressbox/releases.html

Microsoft acquired Onfolio - Cambridge, MA

Onfolio Inc., a privately held Cambridge company that makes software enabling Web surfers to store pages, pictures, and other Internet content and retrieve it later, has been acquired by Microsoft Corp. for an undisclosed sum, the companies are expected to disclose this morning.

As part of the deal, Onfolio's browser-based software will become part of a new Windows Live Toolbar being offered as a free download, starting today, from the Microsoft website known as ideas.live.com. And Onfolio's founder, JJ Allaire, and his entire six-person team will pull up stakes in Cambridge and move to Microsoft offices in Redmond, Wash.

http://www.onfolio.com/press/releases/acquisitionannounce.cfm?section=company

UpdateLogice Raises $4M in Second Round - Hopkinton, MA

In its second round of venture capital, UpdateLogic, a Hopkinton-based provider of automatic software update technology for the consumer electronics market, has raised $4 million from Core Capital Partners. UpdateLogic said that it will use the venture capital to fund its official launch and the North American release of its flagship product, UpdateTV, a network technology that allows digital TV manufacturers to automatically distribute patches and upgrades directly to consumer devices. Founded in 2003, UpdateLogic raised its initial seed and venture capital from the Launchpad Venture Group and various individual investors. The company's customers include Hitachi, Mitsubishi, Panasonic, Samsung, Sharp and Sony.

http://biz.yahoo.com/bw/060307/20060307005346.html?.v=1

BlueNote Raises $15 Million in Second Round of Venture Capital - Tewksbury, MA

BlueNote Networks, a Tewksbury-based provider of voice, video and data services, has raised $15 million in its second round of venture capital, led by Commonwealth Capital. Other investors in the deal include Fidelity Ventures and North Bridge Venture Partners. BlueNote offers IP telephony, video, collaboration, messaging and other applications, designed for implementations across organizations. Its software uses the same data-center infrastructure that companies use for other business applications.

http://www.bluenotenetworks.com/company/news-events/press-releases/

EMC has acquired data security firm Authentica

EMC Corp. has acquired Authentica Inc., whose software controls sensitive information in e-mail and other digital documents, even after files are sent to other organizations. The companies have made no formal announcement, but Boston-based Delphi Group revealed the transaction in a research note. An EMC spokeswoman confirmed the deal, but declined to specify financial details.

Polaris Venture Partners Raises $1B for Fifth Fund - Waltham, MA

Waltham-based Polaris Venture Partners has raised $1 billion for its fifth investment fund. This is the largest pool of venture capital raised so far this year, though it will likely be surpassed by funds from firms like VantagePoint Venture Partners, Highland Capital Partners and New Enterprise Associates, according to Polaris.

http://www.polarisventures.com/NewsEvents/PolarisNews.asp

MatrixOne has agreed to be acquired by Dassault Systemes SA for $408M - Westford, MA

Westford’s MartixOne Inc., a maker of product lifecycle management software, has agreed to be acquired by France’s Dassault Systemes SA in a cash deal worth approximately $408 million. Dassault, a maker of computer-aided design, manufacturing, engineering, and product lifecycle management software, will pay $7.25 per share for MatrixOne stock. With its corporate headquarters in Westford, MatrixOne has 488 employees and 26 offices in North America, Europe and Asia Pacific.

http://www.matrixone.com/dassault/release.pdf

Carbonite received $2.5M in Series A Funding - Boston, MA

Carbonite, a Boston-based provider of Internet-based data backup services, announced that it has raised $2.5 million in its first round of venture capital. Investors in the deal include 3i, Common Angels, and Keiretsu Forum. Founded last year, Carbonite offers its automated data backup services to consumers on a subscription basis. The company recently began a marketing partnership with the office supply retailer Staples.

http://www.carbonite.com/press/press.aspx#3i-Financing