Enterprise Software News

Monday, February 13, 2012

Yottaa adds CDN to its website booster offerings
Web performance boosting startup Yottaa Inc. has launched its own content delivery network, or CDN, which the company says will alllow its target audience of small to midsize businesses get the benefits of a CDN like Akamai Inc., but at a much lower cost.

Tuesday, January 31, 2012

Illume being bought by competitor Options Media
Illume Software Inc. is being acquired by Options Media Group Holdings Inc., a publicly traded Florida company that makes a software product similar to Illume's iZUP to prevent distracted driving.

Monday, January 9, 2012

SimpliVity, formerly SimpliVT, raises $5.75M
Stealthy IT software startup SimpliVT Corp. has a new name - SimpliVity Corp. - and a new $5.75 million fundraise, federal documents show.

Monday, October 31, 2011

Mendix raises $13M in Series A funding
Mendix BV, a Dutch software company with its U.S. headquarters in Boston, has closed a $13 million Series A round of financing led by Prime Ventures, according to a release.

Tuesday, October 4, 2011

Ezenia files for Ch. 11 bankruptcy
Ezenia Inc., true to its word, has filed for Chapter 11 bankruptcy protection, the company announced this morning. The Nashua, N.H.-based company makes secure collaboration and information sharing software tools.

Thursday, August 25, 2011

Verizon acquires Burlington’s CloudSwitch
Verizon Communications Inc. announced this morning that it has acquired Burlington’s CloudSwitch Inc., a provider of software for enabling and managing cloud computing.

Wednesday, August 10, 2011

Copiun captures $1.6M in second funding round
Copiun Inc. a data management software startup, has taken in $1.64 million of a planned $1.7 million second funding round, according to federal documents.

Monday, February 14, 2011

Vertica Systems to be bought by HP
Hewlett-Packard Co. has agreed to acquire Vertica Systems Inc., a venture-backed analytic database management software company in Billerica, founded by serial entrepreneur Michael Stonebraker. Terms of the deal were not disclosed.

Tuesday, January 11, 2011

Allurent, not quite dead yet, sells to Jenzabar
Allurent Inc., the e-commerce software maker declared dead by the Boston Globe last month, has been purchased by Jenzabar Inc. for an undisclosed amount.

Friday, January 7, 2011

Dimdim sells to Salesforce.com for $31M
Dimdim Inc. of Lowell has been acquired by San Francisco-based Salesforce.com in a cash deal worth $31 million. Enterprise cloud computing company Salesforce said it was interested in Dimdim’s completely cloud-based real-time communication technology.

Wednesday, December 8, 2010

The Mover: New Memento CEO O'Malley sees opportunity for growth
John O’Malley’s specialty is bringing startup firms to the next level to grow in the market. Great entrepreneurs come up with ideas to create competitive companies and then someone with business know-how steps in and gives them a boost for commercialization, he explains. Currently, that’s his task for Burlington-based Memento Inc., an enterprise fraud management company.

Monday, October 18, 2010

Ozzie to retire from Microsoft
Five years after he joined Microsoft Corp. as CTO following the Seattle giant’s purchase of his Beverly company Groove Networks Inc., Ray Ozzie will be stepping down from his current role as chief software architect, and eventually retiring from the company.

Friday, August 13, 2010

IBM to pay $480M for Unica
Less than a month after its most recent purchase of a Massachusetts company, IBM Corp. has come back to what seems to be its favorite fishing hole, this time hooking up Unica Corp. of Waltham in a cash deal worth approximately $480 million.

Tuesday, July 20, 2010

DiagnosisONE takes $5M from Edison Venture
Health-care software provider DiagnosisONE Inc. of Nashua, N.H., has raised $5 million from Edison Venture Fund to expand its sales and marketing efforts, as well as further product development, officials said.

Monday, July 19, 2010

NaviSite gets buyout offer from Atlantic Investors
Hosting and cloud services company NaviSite Inc. says that it has received a proposal from its primary investors, Atlantic Investors LLC, to buy out the remaining outstanding shares of common stock it does not already own in a deal that would be valued at about $72 million.

Wednesday, May 12, 2010

CTP co-founder Greendale finds next venture in cloud computing
Chris Greendale has co-founded Cambridge Technology Partners in the early 1990s, building a 4,500-person powerhouse. Now, he's hoping Cloud Technology Partners will get in on the ground floor of enterprise adoption of the cloud with a plan to help midsize enterprises move applications off their servers and into the nebulous Internet.

Tuesday, March 30, 2010

Novell wins UNIX ownership trial
According to its company blog, Novell Inc. of Waltham has won a legal dispute over whether it or The SCO Group owns the copyright to the UNIX operating system. The jury in the trial in the District Court of Utah found that Novell is the rightful holder of the copyright.

Monday, March 15, 2010

Pegasystems pays up to $162M to buy Chordiant
Pegasystems Inc., an enterprise software company in Cambridge, has signed a deal to acquire California-based Chordiant Software Inc. for up to $161.5 million.

Friday, February 12, 2010

StreamBase's Palmer pitches real-time tech to global power brokers
A career in Route 128’s unsexy enterprise software industry suddenly took a turn into the limelight last month when world power brokers hosted Mark Palmer, CEO of StreamBase Systems Inc., for a week in the Swiss resort city of Davos.

Tuesday, December 29, 2009

SS&C takes another crack at an IPO, looks for $300M
A little more than a year after it pulled the plug on a previous attempt at an initial public offering, SS&C Technologies Inc. has decided to take another swing at it, filing the appropriate federal documents yesterday for a planned $300 million IPO.