NaviSite Bought By Time Warner, BG Medicine Goes Public, Omnicom Gets Communispace, & More Boston-Area Deals News
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the financing total to $13.6 million.
—Watertown, MA-based Communispace, a provider of online communities for marketers to interact with consumers and gain feedback, was bought by Omnicom’s (NASDAQ: OMC) Diversified Agency Services unit for an undisclosed sum. The firm will keep all of its employees and its president and CEO Diane Hessan.
—Basho Technologies, a Cambridge-based developer of open source database software, has raised about half of a $7.5 million funding round, with money from Georgetown Partners and Danish systems integrator Trifork AS, according to a report in Mass High Tech.
—MindShift Technologies, a Waltham-headquartered IT and cloud services firm, made its second acquisition of the year when it bought Orbit Systems, a managed services provider. Financial terms of the weren’t disclosed.
—Acton, MA-based Ecochlor, a developer of systems for killing invasive species and pathogens in ballast water, grabbed $1.7 million in an equity offering.
—A stealthy biotech firm in Lebanon, NH, known as Arsanis revealed in a regulatory filing that it had raised $9.6 million in equity-based funding. The firm has Tillman Gerngross, the co-founder and CEO of the Lebanon-based antibody discovery firm Adimab, as an executive and director on its roster.