This Week in Tech M&A – September 26, 2014

By on September 26, 2014

firework-17395_640It’s Friday … so let’s talk tech, M&A, funding, and more. Here’s this week’s roundup:

Acquisitions:

Adobe has acquired photo-editing platform Aviary for an undisclosed amount.

YouTube content network Fullscreen has been acquired by AT&T and the Chernin Group for reportedly between $200 million and $300 million.

Hearst Corp. has acquired the assets of BranchOut.

Video monetization platform ZEFR has purchased social advertising startup Engodo in a cash-and-stock deal.

Lyft has picked up Hitch to help boost Lyft Line.

Tech incubator Science Inc. has acquired mobile ad network Playhaven from Upsight.

Slack has acquired bootstrapped collaboration startup Spaces.

Covario, a search marketing startup that raised $21 million, is being acquired by Dentsu-Aegis for an undisclosed price.

Acorda is buying Civitas Therapeutics for $525 million, ending Civitas’ IPO plans.

Millennial Media acquires Boston-based mobile ad startup Nexage for $107.5 million.

 

Funding:

Hootsuite has raised $60 million in funding, valuing it at $1 billion. And it also has acquired Zettl.

Duo Security has received a $12 million investment to help businesses implement two-factor authentication.

Kinvey has announced it’s raised $10.8 million in funding to help drive the mobile cloud platform.

Robinhood has raised $13 million to help democratize the stock market.

Business goals platform BetterWorks leaves stealth with $15.5 million in a round led by Kleiner Perkins Caufield & Byers.

Nubank becomes Sequoia Capital’s first Brazillian investment after the firm provided $14.3 million to the finance startup.

SurveyMonkey makes its first investment, leading the $5.3 million funding round in Seattle’s Apptentive.

Airport car rental startup Silvercar picks up $14 million from Eduardo Saverin and Velos Partners.

Robotic toy carmaker Anki raises $55 million for its Series C round led by J.P. Morgan.

 

People:

Expa has hired AddThis founder Hooman Radfar as its San Francisco Entrepreneur in Residence.

FWD.us’ Joe Green has been ousted from the Mark Zuckerberg-backed group.

Google X founder Sebastian Thurn has left his role as Google VP and Fellow.

Snapchat nabs top Google comms executive Jill Hazelbaker to run its PR and Policy.

Andreessen Horowitz hires its first academic in residence.

Vanity Fair has a profile about Yelp’s Jeremy Stoppleman and how he created a “revolutionary product”.

 

IPO:

Rocket Internet looks to raise $8.4 billion in its IPO, which it has moved up to an earlier date.

 

Interesting reads:

What is Ello: The non-Facebook social network?

Marc Andreessen sounds warning on startups burning cash.

Hotel Tonight pivots beyond same-day booking to offer flexible seven-day advance reservations to stay ahead of the competition.

Orange Fab expands its accelerator program, partnering with Visa, LG, Hilton, and others to offer startups new distribution channels.

 

Photo credit: CC0 Public Domain / Pixabay

 

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One thought on “This Week in Tech M&A – September 26, 2014

  1. Terry Hopper says:

    Nice post. Thanks for sharing.

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