Oracle To Buy VC-Backed Convergin

Oracle has agreed to acquire Convergin Inc., a Herzliya, Israel-based provider of real-time service brokering solutions. No financial terms were disclosed. Convergin has raised around $10 million in VC funding from Pitango Venture Capital and Rich Investment Ltd.

Convergin Raises $9 Million

Convergin Inc., a Herzliya, Israel-based provider of service interaction and service mediation solutions, has raised $9 million in Series B funding, according to a regulatory filing. Backers include Pitango Venture Capital and Rich Investment Ltd. www.convergin.com

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