Intuit’s “rise of the rest” M&A strategy means large paydays outside the Valley

 This morning, Frederic reported that Intuit has acquired Tsheets, a time-tracking service, for $340 million. That’s one of the highest prices that Intuit has ever paid for an acquisition, roughly equal to the cost of the company’s acquisition of Mint Bills / Check in 2014, and slightly smaller than the acquisition of Demandforce in 2012 for $423 million (which Intuit has since… Read More

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Approaching e-commerce investments in the age of Amazon

 With Amazon as the 800-pound gorilla, many of my fellow investors choose to ignore e-commerce altogether. In fact, the industry hit recent lows in a number of deals and investments. But as Bonobos’ $310 million acquisition by Walmart and Stitch Fix’s IPO demonstrate, there are still plenty of exciting opportunities in this space for investors. Read More

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Two compliance companies merge to build a $100M firm

 Once upon a time there were two compliance companies. Smarsh was owned by Los Angeles-based private equity firm, K1 Investment Management. It worked with mostly SMBs. Another called Actiance worked with larger companies like the world’s biggest banks. This is the story of how K1 is bringing these two companies together.
Both companies are focused on archiving and compliance around… Read More

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Cloudflare expands into mobile performance with Neumob acquisition

 Cloudflare made a significant acquisition today when it acquired mobile VPN startup, Neumob. The purchase gives Cloudflare a mobile performance tool it was lacking, and a road to its first direct to consumer product. The company did not reveal the purchase price.
Neumob, which had raised close to $11 million, was founded in 2015 to give users a faster mobile VPN experience that purports to… Read More

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VMware acquires VeloCloud as it moves deeper into networking

 VMware announced today that it was acquiring VeloCloud, a startup that focuses on cloud-based wide area networks (WAN), those networks that span a broad area across data centers or regions. The companies did not reveal the purchase price. The new…

View More VMware acquires VeloCloud as it moves deeper into networking

VMware acquires VeloCloud as it moves deeper into networking

 VMware announced today that it was acquiring VeloCloud, a startup that focuses on cloud-based wide area networks (WAN), those networks that span a broad area across data centers or regions. The companies did not reveal the purchase price. The new…

View More VMware acquires VeloCloud as it moves deeper into networking