USA-based CData Software acquires Data Virtuality
Chapel Hill, USA-based a leading provider of data connectivity solutions, CData Software acquired Data Virtuality, Germany-based a global provider of data integration and management solutions. The company announced the investment on April 4, 2024. However, it did not disclose the amount of the transaction. Purpose of the acquisition by CData Software This will provide CData's enterprise clients with a cutting-edge, cloud-native...
USA-based SnapCare acquires Medecipher
USA-based a leading healthcare workforce solutions provider, SnapCare acquired Medecipher, Inc., a cloud-based predictive analytics staffing decision support tool, to further deliver facility control, low cost, and transparent solutions across the continuum of care. The company announced the acquisition on April 3, 2024. However, it did not disclose the amount of the transaction. Purpose of the acquisition by SnapCare The acquisition...
USA-based CareerArc acquires Lumina
California, USA-based CareerArc announced acquired Lumina, the #1 SaaS platform for generating visual job postings at scale. The company announced the acquisition on April 4, 2024. However, it did not disclose the amount of the deal. Purpose of the acquisition by CareerArc As CareerArc makes a significant move to address one of the biggest obstacles facing talent acquisition teams in their...
Africa-based BaoBab Network acquires Reflector Marketing
Africa-based Baobab Network, an early-stage investor that backs startups across Africa, today announced the acquisition of Reflector Marketing, a strategy and branding agency headquartered in South Africa. The company announced the acquisition on April 1, 2024. However, it did not disclose the amount of the transaction. Purpose of the acquisition by BaoBab Klyne will become the Director of the Accelerator at...
Liberty Media to acquire MotoGP Racing Championship Rights Holder Dorna Sports
Liberty Media Corporation entered into an agreement to acquire Dorna Sports, S.L. (“Dorna”), the exclusive commercial rights holder to the MotoGP™ World Championship, from Bridgepoint and Canada Pension Plan Investment Board (“CPP Investments”). The company announced the acquisition on April 1, 2024. As a part of the deal, MotoGP will be attributed to Liberty Media’s Formula One Group tracking...
USA-based Cadent to acquire AdTheorent
USA-based one of the largest independent solutions providers for converged TV advertising, Cadent announced a definitive agreement to acquire all outstanding shares of AdTheorent Holding Company, Inc. (Nasdaq: ADTH), a machine learning pioneer and industry leader delivering measurable value for programmatic advertisers. The company announced the transaction on April 1, 2024. The deal will take place for a cash...
India-based Innoviti Technologies raises INR 40 crore in the ongoing Series E round
Banglore, India-based Innoviti Technologies Pvt. Ltd., India's largest payments-centric retail SaaS platform for enterprise brands and their SME channel partners, raised INR 40 crore (approx USD 47 million) in the first close of its ongoing Series E round. The company announced the investment on April 1, 2024. Bessemer Venture Partners and Patni Family Office led the financing for the...
USA-based Observe raises USD 115 million in Series B
USA-based Observe, Inc., the SaaS observability company reinventing the way machine-generated data is stored, managed and analyzed, Observe closed a Series B funding round of USD 115 million. The round took place on March 28, 2024. Sutter Hill Ventures led the company's financing. Existing investors Capital One Ventures and Madrona and new investor Snowflake Ventures joined in the funding. Purpose...
SC Ventures leads Series A funding for Hive
Singapore-based SC Ventures, Standard Chartered's innovation, fintech investment and ventures arm, led EUR 12 million (USD $13 million) Series A round for distributed cloud provider Hive. The company announced the investment on March 27, 2024. Meanwhile, OneRagtime, a French venture capital fund that led Hive's Seed round, and a collection of private investors also joined the round. Purpose of funding for...
USA-based Ensis raises USD 4 million in an oversubscribed seed round
California, USA-based startup developing AI-powered proposal software to help companies respond to and win more government contracts, Ensis raised USD 4 million in an oversubscribed seed round. The company announced the investment on March 27, 2024. NextGen Venture Partners and Tau Ventures co-led the financing for the company. Meanwhile, Grep VC, Innovation Global, and Gaingels joined in the funding. Purpose...
