This Week in Tech M&A — October 31st, 2014
Google’s Nest Labs is a buyer again, this time picking up Revolv, makers of an IoT unification app. No terms were disclosed, but Revolv had raised about $7 million.
Amazon acquired Rooftop Media, an online comedy service. Terms were not disclosed.
Yelp picked up French restaurant and nightlife reviews site Cityvox. No financial terms were given.
In an “all-equity deal,” in-store analytics company Brickstream has acquired competitor Nomi.
BuzzFeed has acquired Torando Labs to create a foundation for a new big-data team.
In case you haven’t seen it, Benedict Evans has a fascinating deck showing how “mobile is eating the world.”
For the entrepreneurs in the house
In another sign the IPO market is cooling, secondaries player Akkadian Ventures just closed a $74 million round.
In an unusually candid (but must read) series of posts, social media platform manager Buffer is sharing everything about its valuation, term sheet, and funding process. And we mean everything.
In a follow up, Shri Bhashyam wonders if Buffer’s series A is a “paradigm shift in fundraising.”
CurrentC may be “clunky,” but it’s taking on Apply Pay and Google Wallet, among others, with its non-NFC mobile payments solution.
In related news, Alibaba is exploring an alliance between Alipay and Apply Pay.
And Poynt aims for a single payment platform that can handle all of it.
And in warm-your-heart news, a former tobacco factory is being sold and converted to making batteries to collect wind and solar energy.
Photo Credit: CCO Public Domain / Pixabay