This Week in Tech M&A – August 29th, 2014
Tastebuds, maker of a social dating app based around shared musical tastes, acquired US-based competitor Moosify for an undisclosed amount.
In a possible acquihire, Google picked up product group Gecko Design to join Google X. Gecko had previously designed wearables for FitBit, among others.
Google also acquired Zync, makers of a cloud-based rendering platform.
Automattic, the company behind WordPress, picked up BruteProtect, makers of a security tool for WordPress sites. Terms were not disclosed.
Hitcents picked up Moonshark, makers of a mobile game publishing platform. Terms were not disclosed. Hitcents is the company behind the Hanx Writer.
Fresh off a $41 million round, daily fantasy sports heavy DraftKings acquired StarStreet. Terms were not disclosed, but StarStreet had raised over $2 million.
VC & Funding News
Alsop Louie, the San Francisco-based venture house for early stage companies, raised $54 million for a third fund. Alsop Louie was the firm behind Twitch.
Marketing suite HubSpot is preparing for a reported $100 million IPO.
For the Entrepreneurs in the House
Startup Remedy is using Google Glass to help doctors compile and share case data on patients.
To mark its 5-year anniversary, the Andreesen-Horowitz co-founders opine on the “tech industry and startup ecosystem” at large.
Elon Musk’s SpaceX may be more powerful than we know. Maybe.
Tomasz Tunguz analyzes the effect of location on M&A selling prices.
EquityZen takes a deep look at startup IPO’s through the first half of 2014.
The WSJ investigates VC backing in Asia, and finds the market is on track for a record year.
Just for fun
Jawbone is analyzing Up data to see how many wearers were woken by the Napa earthquake.
Not necessarily fun, but a good read: Much has been made about the Lyft/Uber wars, but here’s a deep investigation of the tactics.
The most-funded project in KickStarter history, and totally worth it.