This Week in Tech M&A — January 16, 2015

By on January 16, 2015

kinetic-art-71765_640We’ve survived CES and that means the tech news engines are churning away once again. Here’s some of the things that have happened in the world of tech M&A:

Acquisitions:

Twitter reportedly in talks to acquire India’s ZipDial valued at between $30 to $40 million.

Alibaba may be buying a $550 million stake in online payment platform One97 Communications.

Tinder has acquired ephemeral messaging app Tappy.

Restaurant discovery service Zomato buys IAC’s Urbanspoon in a deal said to be valued between $50 to $60 million.

Capital One picks up spending tracker Level Money.

Citrix acquires Sanbolic to bolster its workload delivery.

Is Samsung thinking of acquiring BlackBerry for $7.5 billion?

Kabam acquires Los Angeles-based gaming companies TapZen and Magic Pixel.

Pay-TV tech company Synacor buys Web-TV startup NimbleTV.

Shutterstock acquires Europe’s largest independent photo press agency Rex Features and stock music and sound effects service PremiumBeat for $33 million and $32 million, respectively.

 

Funding:

India’s Zomato looks to raise $100 million following its acquisition of Urbanspoon.

Mobile engagement startup Accengage gets $3 million from OTC Alliance and the Mobile First Alliance

Instacart confirms that it’s raised $220 million for its grocery delivery service.

AppVirality grabs $465,000 for its easy-to-use referral tracking tool for app developers.

Facebook had discussed making an investment in Chinese smartphone maker Xiaomi most recent $1.1 billion deal.

Moovit, the Waze of public transit, raises another $50 million.

Video chat app Rounds raises $12 million in new funding round led by Sequoia.

Soylent grabs $20 million from Andreessen Horowitz, Lerer Ventures, others.

 

IPO, accelerator, and startup news:

Venture-backed M&A was still active in Q4 2014, but just not quite as hot. VC investing at the late stage stayed hot.

Online gaming company Kixeye holds large scale layoffs, cutting as much as 25% of staff.

MongoDB now valued at $1.6 billion.

Etsy plans an IPO this quarter, according to reports.

Y Combinator has revealed some data about the demographics of its accelerator.

For Dave McClure’s new 500 Startups fund, US institutions shy away.

Dating service Zoosk lays off 15% of its staff.

 

People:

Former Google Ventures general partner Wesley Chan joins Felicis Ventures as managing director.

Kevin Rose leaves Google Ventures to focus on North Technologies full-time, nabs $5 million funding round led by True Ventures.

Could Adam Bain be Twitter’s next CEO?

 

Interesting reads:

Chris Poole details how he shut down his startup, DrawQuest.

Fast Company: What a Y Combinator Tuesday night dinner session is really like.

Built in Los Angeles: Over $3 billion invested in Los Angeles tech in 2014, the highest funding total ever.

TechCrunch: Zenefits financials reveal it is one of the fastest-growing SaaS business ever.

Medium: The Era of Angels is Closing.

Semil Shah: Challenges facing the MicroVC model.

Harvard Business Review: Investors fawning over Uber should recall AOL’s stumbles.

Fortune: Is this the best performing VC fund ever?

 

Photo credit: PublicDomainPictures/pixabay

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