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Home - Capital Markets: Jumptap's financing round; Salesforce acquires Radian6; and more
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Capital Markets: Jumptap's financing round; Salesforce acquires Radian6; and more

by Sandra Cuya May 11, 2011
written by Sandra Cuya May 11, 2011 Share
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Salesforce.com the enterprise cloud computing company, announced it has completed its acquisition of Radian6, the industry-leading social media monitoring platform used by more than half of FORTUNE 100 companies. Radian6’s unique technology captures hundreds of millions of conversations every day across Facebook, Twitter, YouTube, LinkedIn, blogs and online communities.

Spiceworks announced it has closed a $25 million financing round with new investors Adams Street Partners and Tenaya Capital and participation from existing investors. The series D funding will support expansion of the Spiceworks business model to include integrated commerce within the Spiceworks social business network for IT professionals and technology vendors.

Jumptap, targeted mobile advertising, announced the completion of a $25 million financing round. Existing investors including AllianceBernstein, General Catalyst, Redpoint Ventures, Summerhill Ventures, Valhalla Partners and WPP, as well as several new investors, participated in the round. The capital will be used to accelerate company growth through product and technology development, and staffing to support increasing client demand.

Microsoft and Skype Global announced that they have entered into a definitive agreement under which Microsoft will acquire Skype, the leading Internet communications company, for $8.5 billion in cash from the investor group led by Silver Lake. Read more here.

NVIDIA announced that it has agreed to acquire Icera, a leading innovator of top-performing baseband processors for 3G and 4G cellular phones and tablets. Icera has more than 550 patents granted or pending worldwide, and its high speed wireless-modem products have been approved by more than 50 carriers across the globe. Read more here.

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