As funding and exits in the ad-tech sector has become harder to secure, two high-profile figures have joined forces to launch a venture capital fund with an aim to accelerate the next generation of digital advertising businesses.
Yearly Archives: 2012
Source: Business Wire
Montreal, Canada (December 20, 2012) Vantrix, the leading pioneer of optimized mobile content delivery solutions, today announced that it has received US$13.5 million in funding. The Series D round was led by existing investors Summerhill Venture Partners, JK&B Capital and Tudor Ventures, with pro rata participation from BDC Venture Capital, Innovacom and Entrepia Ventures.
Source: GAIN Capital Holdings, Inc.
BEDMINSTER, N.J., (Dec. 6, 2012 ) PRNewswire/ — GAIN Capital Holdings, Inc.(“GAIN”) (NYSE: GCAP), a leading global provider of online trading services, announced today that it has reached an agreement to acquire the US-based retail forex business of GFT Forex (“GFT”), pending regulatory approval. Financial terms of the transaction were not disclosed.
Arcsoft, Inc. Launches Whip Social Album Mobile Application, Giving Consumers A Quick & Fun Way To Create Photo Albums On The IPAD11/15/12
Source: ArcSoft, Inc.
Fremont, Calif., (November 15, 2012) – ArcSoft, Inc., an industry-leading software developer of multimedia imaging technologies and applications, announced today it has launched the “Whip™ Social Album” mobile application. Available today for download in the iTunes App Store for iPad, the free app allows users to quickly create and share beautiful social albums, combining photos, video, text and music. The app benefits from automatic enhancements which stem from ArcSoft’s 17-plus years of deep imaging expertise. If you took a picture last weekend, you’ve likely already used ArcSoft technologies. The company, which holds an extensive portfolio of patents, embeds its imaging technology in smartphones, cameras, and laptops for leading companies including Samsung, Nikon, Olympus, LG, Dell and Hewlett-Packard.
Source: Thoma Bravo, LLC
San Francisco (Nov. 9, 2012) – Thoma Bravo, LLC, a leading private equity investment firm, has acquired Crossbeam Systems, Inc., a global network security solutions leader. Financial details were not disclosed. Crossbeam’s current senior management team will continue to manage the company.
LOS ANGELES – October 9, 2012 – MediaPlatform, Inc., the enterprise video software company, has been named to Streaming Media Magazine’s second annual list of “The 100 Companies that Matter Most in Online Video.” The streaming media industry’s most important publication “focused only on companies for whom online video is in their DNA” this year, and a group of 11 experienced analysts chose MediaPlatform as one of the companies doing the “most interesting and innovative work in streaming video.”
Source: General Dynamics
FALLS CHURCH, Va.,( Aug. 28, 2012) PRNewswire — General Dynamics (NYSE:GD) has completed its previously announced purchase od Fidelis Security Systems, Inc., a market leader in cyber security tools that provide real-time network visibility, analysis and control. It will become part of General Dynamics Advanced Information Systems, a business unit of General Dynamics. The value of the cash transaction has not been disclosed.
Vantage Media Nearly Triples Revenue in Two Years, Launches Mobile Pay-Per-Click Marketplace08/24/12
Source: Vantage Media
EL SEGUNDO, CA (August 24, 2012) – Vantage Media, a leading online customer acquisition company, today announced that its revenue has nearly tripled in two years. Inc. Magazine acknowledged this growth when it recognized Vantage Media’s Insurance brand, BrokersWeb, as the #1 fastest growing U.S. private company in Insurance – and a top 50 fastest growing business overall for the second year in a row. Vantage Media’s growth is driven by investment in its products, optimization of the online experience for consumers, and focus on increasing its clients’ return on advertising spend.
Adaptive Computing Signs Agreement with IQT to Develop Cloud Computing Operating System with Moab08/22/12
Source: Adaptive Computing, Inc.
PROVO, Utah (August 22, 2012) — Adaptive Computing, the largest provider of private cloud management and High-Performance Computing (HPC) workload management software, today announced a strategic partnership and technology development agreement with In-Q-Tel (IQT) to create a cloud operating system by integrating Moab Cloud Suite and an open source private cloud platform. By integrating best-of-breed components, Adaptive will enable broader applicability of private clouds within the Intelligence Community as well as in the commercial market.
Source: SourceWire News Distribution
London, UK (August 13, 2012) – Crossbeam Systems, the provider of next-generation security platforms for high-performance networks, today announced the results of IDC’s Worldwide Quarterly Security Appliance tracker, which revealed the market for dedicated hardware-based network threat solutions is continuing to grow rapidly. According to IDC’s Worldwide Quarterly Security Appliance Tracker, UTM product revenue increased 20.1% in the last year to $2.1 billion. By comparison, the rest of the nnetwork security appliance market grew at only 5% to $4 billion(1).
Silver Lake Sumeru and Velocity Technology Solutions Partner to Advance Leadership in Cloud Application Service08/08/12
Source: MarketWatch, Inc.
NEW YORK, NY (August 8, 2012) – Velocity Technology Solutions, Inc. (“Velocity” or the “Company”), the ERP in the cloud company, today announced the completion of its acquisition by a Silver Lake Sumeru-led investor group and Velocity management.