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 Wednesday, July 18, 2012 Outright Acquired By Go Daddy Mountain View-based online small business accounting software developer Outright has been acquired, by Go Daddy, the Internet domain name and web hosting provider. Financial details of the acquisition were not announced by the companies. Outright was headed by Steven Aldrich, who becomes go Daddy's Senior Vice President of Applications. OUtright co-founder Ben Curren also joins Go Daddy. Both will remain in (More info...) posted on Wednesday, July 18, 2012(Full story) Palo Alto Networks Increases IPO Pricing Estimates Santa Clara-based Palo Alto Networks has increased its estimated IPO range, saying in a filing Tuesday that it now expects pricing at between $38.00 and $40.00 per share. The firm had initially estimated a pricing range of $34.00 to $37.00 per share. Palo Alto Networks is a developer of network security products. The firm is venture backed by Greylock Partners, Sequoia Partners, and Globespan. posted on Wednesday, July 18, 2012(Full story) m-Via Gets $17M, Becomes Boom Financial Palo Alto-based m-Via, a provider of money transfer and payment services aimed at the unbanked, has raised $17M in a financing round. The round was led by Digicel Group, and also included RRE Ventures and MATT.org. As part of the funding, the firm said it has renamed itself Boom Financial. The firm said it has now raised more than $30M in funding. posted on Wednesday, July 18, 2012 (More)(Full story) PayPal Acquires Card.io PayPal has acquired San Francisco-based Card.io, the company said Tuesday. Card.io develops technology which allows developers to capture credit card information using their smartphone camera. Financial terms of the buy were not disclosed. posted on Wednesday, July 18, 2012(Full story) AppDirect Gets $8.5M San Francisco-based AppDirect, which operates an online marketplace for cloud services, announced this morning that it has raised $8.5M in a Series A funding. The funding was led by iNovia Capital. The firm said the round comes on top of an earlier, $3.25M seed funding from a year ago. The company said it will use the funding to fund its growth. AppDirect says its customers include Deutsche Telekom, Rackspace, Bell Canada, and Appcelerator. posted on Wednesday, July 18, 2012 (More)(Full story) IntelliBatt Raises $22M For Data Center Power San Francisco-based IntelliBatt, a developer of uninterrupted power supply systems and products, said Tuesday that it has raised $22M in an equity funding round. The round was led by Columbia Capital, and also included CBC Capital and other investors. The firm, which was originally known as Data Power Monitoring Corporation (DPMC), said the funding will go towards growth and expansion of its product line. The firm said it has named Tom Barton, the (More info...) posted on Wednesday, July 18, 2012 (More)(Full story)
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