The very mention of the word fundraising can illicit some powerful emotions among entrepreneurs. It’s frustrating, taxing; a full time job in itself. And those who have gone through the process, know. Fundraising is a complex dance with a distinct, dichotomous tone. On one end, entrepreneurs who have (at minimum) built something customers love and are willing to pay for, and the other hand, investors who are looking for the very companies who fit that profile.
LA based CapLinked, a cloud-based business transaction platform yesterday raised $1.6 million in a new round of financing from Peter Thiel, FF Angel, Siemer Ventures, 500 Startups, Andrej Henkler (former Bertelsmann executive), and Alexsis de Raadt-St. James (chairman of the Althea Foundation) and appointed Adam Sroka as Senior Vice President of Technology in a move to make business transactions simple and secure.
Email marketing and cross-channel interactive marketing saas solutions provider ExactTarget has acquired Pardot, a marketing automation provider and iGoDigital, web personalization provider in a move that will revolutionize its marketing platform.
ExactTarget ,founded in 2000 and headquartered in Indianapolis injected $95.5 million for Pardot, $85.5 million of it in cash and $10.0 million in ExactTarget common stock
Just days after launching its credit card payment service, Groupon acquired Savored a leading provider of reservations with more than 1000 top restaurants across the United States using it. This is set to complement Groupon’s efforts in yield management due to its 40 percent discounts for each table .