Round the Clock Acquisitions 04-01-2008

January 4th, 2008 at 12:00 am

Yesterday I mentioned that 2008 nwas gonna be a good year for many companies.  Today, it’s going to be a good year to many more.  Is it just me or is there really an increase in fundings bering given away this 1Q, more specifiacally this new year?

So with no further yapping, here’s today’s many lucky companies getting funding or acquired. 


Pudding Media just raised $8 million in an A round led by Opus Capital and BRM Capital to prove the concept.  Pudding Media is leading a very important shift in communications, creating a new revenue stream for voice providers and giving customers a way to save money on calls.

Monster Worldwide has acquired Affinity Labs for the purpose of bringing in more vocation-based vertical social networks under its umbrella. Affinity Labs is a developer company that creates community sites specific to various vocations, such as Policemen, Nurses, and artists.

NetAPP (Nasdaq: NTAP) has agreed to acquire Onaro Inc., a Boston-based provider of enterprise storage software. No financial terms were disclosed, but TechCrunch puts the price-tag at $120 million. Onaro has raised around $10 million in VC funding from Newbury Ventures and Cedar Fund.

The Active Network, a San Diego-based online community and provider of application technology for active lifestyle/sports groups, has acquired event management software companies RegOnline and WingateWeb. No financial terms were disclosed. Active has raised $172 million in VC funding from firms like Canaan Partners, ESPN, ABS Ventures, North Bridge Venture Partners, Comdisco, Charles River Ventures, Performance Equity and Tao Venture Partners.

Open source CRM software provider SugarCRM has closed $14.5 million Series D in a round that included original investors Draper Fisher Jurvetson, New Enterprise Associates and Walden International. has acquired domain registration and auction powerhouse Moniker for what is believed to be $65 million.

Meraki Networks, the startup that makes mesh networking gear and is building an ad-hoc San Francisco Wi-Fi network, says it has raised $20 million in a Series B round.


And a partridgein a pear tree.  Thanks to TechCrunch , Mashable , Giga Om and PE Hub .