VMware Springs for SpringSource, Turbine Takes $6.7M, CombinatoRx Teams With Clinical Data, & More Boston-Area Deals News

8/14/09

Boston- and Cambridge-based tech and life sciences firms cut the usual assortment of deals this week, but their brethren further out in New England were unusually active as well.

Marathon Technologies raised a $7 million round of equity financing from undisclosed investors. The Littleton, MA-based firm makes disaster-recovery software for virtual and physical servers.

—Norwalk, CT-based Akademos, an online seller of used college textbooks and course materials, raised $2.5 million in equity funding from Kohlberg Ventures of Portola Valley, CA.

—Online video game maker Turbine, of Westwood, MA, reportedly collected $6.57 million of a planned $50 million Series D round of financing from existing investors. If completed, the new round would bring Turbine’s total venture funding to $145 million.

EMC (NYSE: EMC) virtualization subsidiary VMware (NYSE: VMW) agreed to acquire San Mateo, CA-based SpringSource for $420 million in cash and stock. The deal marks VMware’s largest acquisition to date.

—Boston and U.K.-based crowdsourcing software firm Imaginatik (AIM:IMTK) raised $2.6 million from unnamed new and previous investors.

MyWebGrocer, a Colchester, VT-based provider of … Next Page »

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