Email security company Proofpoint has agreed to purchase an insider threat detection company for $225 million in cash, a move meant to boost its appeal to larger enterprise clients.
Source: Adaptive Computing
Provo, Utah—September 14, 2010—Adaptive Computing, the company behind the Moab® unified automation intelligence technology, today announced the completion of its Series A round of financing, securing $14 million from Intel Capital, which served as the lead investor, Tudor Ventures and EPIC Ventures. Adaptive Computing’s initial round of funding, after nine years of consistent profitable growth as a company, will be used to further accelerate the company’s ability to meet the rapid increase in customer demand for cloud automation intelligence.
Source: Thorne Research
Sandpoint, Idaho – June 23, 2010 – Thorne Research, Inc. announced that it has merged with Diversified Natural Products (DNP). The combination of the two companies joins the clinically researched product portfolio of DNP with the hypo-allergenic, exceptionally formulated product line of Thorne. WestView Capital Partners and Tudor Ventures provided acquisition and growth financing in the transaction. The combined entity will continue to operate as Thorne Research and will implement an aggressive growth strategy to provide the highest quality nutritional formulas available exclusively through licensed medical professionals.
Boston, MA and Montreal, Canada – May 11, 2010 – Vantrix, the global leader of mobile video optimization and delivery solutions for streaming, browsing and messaging, today announced the completion of a US$14 million Series C investment. The financing round was led by Tudor Ventures, the venture capital and private equity arm of Tudor Investment Corp., with pro rata participation from existing investors Summerhill Venture Partners, JK&B Capital, BDC Venture Capital, Innovacom Venture Capital and Entrepia Ventures. The new working capital will serve to help Vantrix expand its operations following on the growth the company has experienced and further anticipates in video delivery and bandwidth optimization.
Cambridge, MA – January 20, 2010 – Virtify, Inc., the market leader in enterprise content compliance software solutions, today announced that it has secured $15 million in growth equity financing, in a round that was led by Tudor Ventures. Virtify will use the new infusion of financing to accelerate its Virtx enterprise content compliance software suite into the life sciences market by expanding operations, engineering, sales and marketing initiatives. This expansion will take place in the U.S., Europe, and other key markets.
NEW YORK – June 9, 2009 – Wimba® Inc., the education technology company that helps people teach people, announced today that it closed $6 million in a round of Series C venture capital financing led by ABS Ventures. This new funding will drive continued development of innovative collaborative technology and market expansion, leveraging the strength of the award-winning Wimba Collaboration Suite™ and its enthusiastic adoption amongst learning communities around the world.
Intelligrated And FKI Logistex Announce Strategic Combination, Creating An Industry Leader In Automated Material Handling Systems05/28/09
CINCINNATI OH: May 28, 2009 – Intelligrated and FKI Logistex Group Limited today announced the signing of a definitive agreement to combine the two businesses, creating the leader in automated material handling systems and services. Under terms of the agreement, Intelligrated will purchase the FKI Logistex operations located in North and South America from Melrose plc (LSE: MRO), a UK–based specialist manufacturing investment group. The combined company will continue to manufacture and support its Crisplant brand loop sorters, Alvey brand palletizers, Real Time Solution fulfillment systems as well as other products and services traditionally offered by both Intelligrated and FKI Logistex.
Batanga, Inc. Raises Series D Financing to Expand Its Ad Network in the U.S. and Latin America04/20/09
Tudor Ventures and H.I.G. Ventures lead the round to aggressively develop Batanga’s Ad Network domestically and internationally.
SAN JOSE, Calif., April 2, 2009 – Turin Networks today announced the completion of the merger with Force10 Networks®. The combined new San Jose-based company is operating as Force10 Networks, Inc. and supports a product portfolio optimized to deliver best-in-class solutions for wireless and wireline service providers, portal and web 2.0 providers as well as high performance enterprise data centers.