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 Tuesday, August 31, 2010 Rally Up Acquired By AOL Santa Cruz-based Rally Up, a developer of the Rally Up and Faceplant mobile applications, has been acquired by AOL, AOL said Tuesday. Financial terms of the acquisition were not disclosed. According to AOL, it is adding Rally Up's team to its Consumer Applications and Mobile effort. As part of the acquisition, AOL said it is opening up a new West Coast office in Palo Alto. The new team will report to David Temkin, Vice President of Mobile at AOL. posted on Tuesday, August 31, 2010(Full story) VMware Buys Integrien, TriCipher Palo Alto-based VMware, which develops virtualization and cloud computing products, said today at its VMworld conference that it has acquired Integrien, a developer of application and infrastructure performance analytics software, and TriCipher, a developer of secure access management and enterprise identity software. Financial terms of the buy were not disclosed, however, a source close to Integrien places the buy at around $102M. Integrien is based in Irvine, California, w (More info...) posted on Tuesday, August 31, 2010(Full story) Institutional Venture Partners Raises $750M Fund Menlo Park-based venture capital firm Institutional Venture Partners announced today that it has closed Institutional Venture Partners XIII, at $750M. According to the firm, the later-stage venture capital and growth equity fund will be focused on rapidly growing technology and digital media companies throughout the United States. The new round brings IVP's total, committed capital to $3 billion, and is significantly larger than IVP XII, the firm's 2007 vintage, $600M venture capital fund (More info...) posted on Tuesday, August 31, 2010(Full story) |
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