This Week in Tech M&A – November 21, 2014

By on November 21, 2014

bokeh-lights-298304_1280It’s the week before Thanksgiving, but the tech world isn’t showing any signs of letting up. We had a pretty busy week so let’s get to the recap…

Acquisitions:

Groovebooks has been acquired by Shutterfly for $14.5 million in order to scale its photo-printing capabilities.

The ad-tech space has been consolidated as the Rubicon Project acquires iSocket and Shiny Ads to further automate ad buys.

Squarespace beefs up its developer offering by acquiring Brace.io.

Groupon acquires in-store analytics and marketing startup Swarm Mobile.

Customer relationship management firm Merkle has acquired loyalty retention service 500friends.

iOS app prototyping startup RelativeWave gets acquired by Google and makes its interactive app prototyping app Form free.

Chat app Kik raises $38 million and buys GIF messenger app Relay in its first acquisition deal.

Skills assessment startup Smarterer accepts a $75 million acquisition offer by online training platform PluralSight.

SAP’s CEO Bill McDermott says that the company will taper down its acquisition deals.

The DreamWorks merger with Hasbro Inc. may no longer be feasible.

 

Funding:

TechCrunch Disrupt San Francisco winner Alfred goes live in New York and raises $2 million for its butler service.

Teespring raises a $35 million Series B from Khosla Ventures and will expand beyond apparel.

Relationship management startup Accompani gets another $15 million while still in Alpha.

Bigcommerce gets $50 million to set up online shops for small businesses worldwide.

Kiip raises a strategic funding round from Verizon Ventures and Michael Lazerow as it looks beyond mobile ads.

Getaround takes in $24 million more to help make car sharing instant.

 

IPO and accelerator news:

Rocket Internet says its portfolio value increased by approximately $92 million after IPO, gives a bullish outlook for the next decade.

500 Startups launches a $10 million mobile collective fund and hires ex-Dolphin Browser executive Edith Yeung to run it.

Techstars releases report on graduates’ survival rate: how many are active, were acquired, or failed.

 

People:

Vevo confirms Rio Caraeff to step down as CEO with CFO Alan Price to replace him as interim chief.

Bill Gates invests in the Unitus Seed Fund to support entrepreneurs in India get new ventures off the ground.

Former BlackBerry CEO Thorsten Heins has been named to run wireless charging firm Powermat.

Geekwire Q&A with Seattle investor Gary Rubens about his 50 deals in the past 18 months.

After selling Draw Something to Zynga for $200 million, founder Dan Porter launches new startup Tally.

 

Interesting reads:

Say hello to the “hardware unicorn club“.

Young Brits in Silicon Valley: How to make it big

Why Silicon Valley shouldn’t be the model of innovation.

Honda opens up a developer studio in Silicon Valley to accelerate integration of mobile apps into its vehicles.

Contractor or employee? Silicon Valley’s branding dilemma.

Fred Wilson writes about values and culture.

Eric Schmidt’s Innovation Endeavor firm teams with Flextronics Lab IX to launch Farm2050 Collective to back agriculture tech startups in an effort to feed Earth’s growing population.

The Information takes a look at the companies that never became a unicorn.

Photo credit: curtiscopeland/Pixabay

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