Harvest Power Gets $52M, Zynga Buys Floodgate, Synageva Snaps Up $25M, & More Boston-Area Deals News
Erin Kutz3/23/11Follow @erkutz
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funding total to $6.5 million.
—San Francisco-based social gaming firm Zynga made its 10th acqusition in as many months by scooping up the team at Waltham, MA-based gaming studio Floodgate Entertainment. Financial details weren’t disclosed. Last year Zynga bought Cambridge-based Conduit Labs, which is now Zynga Boston.
—Synageva BioPharma of Lexington, MA, pinned down $25 million in private equity money to put toward its pipeline of treatments for rare diseases.
—Cloud Technology Partners, a Boston-based firm focused on helping companies move their IT infrastructures to private clouds, said it acquired Global Green Consulting Group for an undisclosed sum.
—In other cloud news, stealthy cloud computing startup CloudFloor said it raised more than $3 million in Series A financing. That news came alongside other startup fundings: $3.15 million in an equity and rights offering for Holliston, MA-based Rypos, $11.5 million for Still River Systems of Littleton, MA, and a $5 million debt deal for Marlborough, MA-based CardioFocus.
—JitterJam, a Bedford, NH-based maker of social customer relationship management software, was bought by The Meltwater Group, a social media and news monitoring firm headquartered in San Francisco, for $6 million.
