Round the Clock Acquisitions 03-01-2008

January 3rd, 2008 at 12:00 am

Well, it’s boing to be a happy new year for these companies.  This year’s first round up of Round the Clock rakes in a number of funding rounds going to startups and some early year acquisitions.


PeerApp Ltd. , a Newton, Mass.-based provider of P2P infrastructure solutions, has raised $3 million in new VC funding, according to a regulatory filing. Backers include Pilot House Ventures, Evergreen and Cedar Fund. The company’s board includes Peter Bell of Highland Capital Partners. 

 5min, a provider of online instructional videos, has raised $5 million in Series A funding from Spark Capital. The company is currently based in Tel Aviv, but will relocate to New York.

Nokia Siemens Networks has agreed to acquire Apertio Ltd., a UK-based provider of open real-time subscriber data platforms and applications for telecom operators. The deal is valued at around 140 million, and is expected to close later this quarter. Apertio has raised around $46 million in VC funding from firms like Add Partners, Eden Ventures, Motorola Ventures, Deutsche Venture Capital and T-Venture.

 IBM has acquired Israeli based data storage technology company XIV for what is believed to be $350 million.

Telecommunications solutions supplier Nokia Siemens has acquired mobile network management provider Apertio For €140 million.

Israeli financial media is reporting (here, in Hebrew) that Network Appliance purchased Onaro for $120M