ATG Banks $101M, Veracode Collects $12M, & More Boston-Area Deals News
It’s only been a few days since I last rounded up the deals news from New England’s tech and life sciences companies, but there are still a few new transactions to report.
—Irvine, CA-based Allergan (NYSE:AGN) revealed in an earnings report that it acquired Medford, MA-based biomaterials maker Serica Technologies late last year. Financial terms of the deal were not disclosed.
—Art Technology Group (NASDAQ: ARTG) raised $100.6 million in an underwritten public offering. The Cambridge, MA-based e-commerce firm sold 28.75 shares at $3.50 apiece, with Morgan Stanley and Deutsche Bank Securities serving as underwriters for the deal.
—Security software maker Veracode of Burlington, MA, raised $12.3 million in equity-based financing, according to a regulatory filing. Previous backers of Veracode include Atlas Venture, .406 Ventures, Macrovision, Polaris Venture Partners, Symantec, and In-Q-Tel.
—Datanetis, an Israeli “influencer marketing” startup, raised $6 million in Series A funding from Battery Ventures, changed its name to Pursway, and moved its headquarters to Waltham, MA. Wade investigated what exactly the startup means by “influencer marketing.”