Xconomy: Elliott Makes $2B Bid for Novell, Summit Partners Leads $23M Investment in Cloudmark, Stemgent Backs Scottish Startup, & More Boston-Area Deals News
Summary
Perhaps folks were too distracted by the unexpected appearance of that warm glowing ball in the sky to attend to contracts and negotiations?—Boston’s Summit Partners led a $23 million growth equity investment in San Francisco-based Cloudmark, a mobile-messaging security firm.—SensAble Technologies of Woburn, MA, indicated in an SEC filing that it has raised $8 million in a mixed offering of equity and other securities.The financing will help support marketing, engineering, and sales efforts for SensAble’s line of digital dental design products.—Mobile Monday Boston unveiled data indicating that venture investments in Boston-area mobile technology companies decreased in both volume and value in 2009, while payouts from mergers and acquisitions hit a record high of $1.5 billion.
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