Fundings & Exits
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SAP To Acquire Expense Software-Maker Concur For $129 Per Share
Enterprise software company SAP just announced that has agreed to acquire Concur Technologies, maker of expense and travel management tools that are used by 23,000 businesses (including TechCrunch and its parent company AOL).
The deal is for $129 per share, which is 20 percent higher than Concur’s closing price on Sept. 17 (yesterday). That gives Concur an enterprise value of $8.3 billion. Read More
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Dice Wants To Be The First Gig Ticketing Giant That Music Fans Adore
UK music ticketing startup Dice, launching today in London on iOS and Android, is looking to tear up the traditional ticket buying process by ripping out booking fees and sending the middleman up in virtual smoke. The KLF would surely be proud. Red Hat Buys FeedHenry For $82M To Add Mobile App Development To Its Platform
Some big news today for Red Hat, the open source company that provides a platform for application development and other platform as a service solutions: It is buying FeedHenry, an Ireland-based provider of a platform for mobile app developers, specifically for enterprises to build apps. In a statement on the acquisition, Red Hat says it will be paying €63.5 million ($82 million) in cash… Read More
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Xpire’s App Makes All Your Social Media “Ephemeral”
Dallas-based computer science college student Jesse Stauffer wants to make social media more private. With help from his brother and financial backing from Mark Cuban, he recently released an iOS application called Xpire that lets users share “self-destructing” posts on Facebook, Twitter and, now Tumblr, as well as use a variety of tools to better manage and shrink their digital… Read More
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Music Collaboration Suite Splice Raises $4.5M From True And DJs, Launches Public Beta
GroupMe co-founder Steve Martocci has found some powerful allies for his music production storage and collaboration startup Splice, which launches its public beta and remixable music player today. Superstar DJs Tiësto and Steve Angello of Swedish House Mafia, manager Scooter Braun, and agencies WME and AM Only have invested in Splice’s new $4.5 million Series A led by True Ventures… Read More
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HowGood, Now With $2M In Funding, Releases Apps For More Sustainable Grocery Shopping
New mobile applications from HowGood want to help shoppers become better informed about which food is best to eat – and not just which food is healthiest, as the name suggests, but whether the animals were treated humanely, if the workers were paid fair wages, if the food was produced locally or sustainably, and much more. In addition, the company is announcing that in order to… Read More
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TouchPal Raises Significant New Round As It Launches Its Third-Party Keyboard For iOS
TouchPal, the Shanghai-based keyboard app, has raised a significant new round of funding as it looks to expand its presence in the U.S. and launches its third party keyboard application for iOS.
The company’s app is one of several third-party keyboards coming to the iOS as Apple opens up the keyboard for the first time.
TouchPal already has 200 million users worldwide on the Android… Read More
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Korea’s SparkLabs Names Its 4th Startup Intake
South Korea’s SparkLabs accelerator has named its fourth intake — including its first Internet of Things startup (a company making connected flower pots); it’s first startup from China, a mobile healthcare startup; along with one U.S. business in the marketing automation space. Read More
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Our Four Favorite Startups From The StartX Summer 2014 Demo Day
StartX, the Stanford-funded and affiliated incubator, just held the first demo day at its new Palo Alto-based office space. In an hour, twelve startups pitched their wares to investors and the press, showing products and services that range from a whiledating service for Chinese ex-pats to zoom lenses for next-gen smartphones. Read More
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Citrix Acquires Virtual, An Android And iOS Virtualization Company
We’re hearing from a reliable source that Citrix has acquired a little company we wrote about back in July called Virtual. The firm, manned by an impressive set of software hackers, claimed to be able to virtualize both Android and iOS completely enough to act as an environment for bug testing and hardware emulation. The buy makes sense for Citrix, which could use Virtual to emulate… Read More
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