IBM agrees to buy VC-backed Silverpop

IBM said Thursday that it has agreed to acquire Silverpop. No financial terms were disclosed for the transaction, which is expected to close in the second quarter of 2014. Based in Atlanta, Silverpop is a provider of digital marketing technology. Its backers include Escalate Capital Partners, D.E. Shaw, Draper Fisher Jurvetson and Silicon Valley Bank.


Digital health company Wellframe scores $1.5 mln seed funds

Wellframe has closed $1.5 million in seed funding. The investors included athenahealth CEO Jonathan Bush; Tim Draper, founder and managing director of Draper Fisher Jurvetson; Carl Byers, venture partner at Fidelity Biosciences; and James Nahirny, founder and manager partner at Leerink Capital Partners. Based in Boston, Wellframe is a digital health firm.

Deeya Appoints Non-Exec Chairman

Energy storage system provider Deeya Energy has appointed Ravi Sharma, as non-executive chairman of the board of directors. Sharma joined Deeya Energy’s board of directors in late 2012.

Zettaset Raises Series B Led by Highbar

Big Data management business Zettaset has closed a $10 million Series B financing round led by HighBar Partners, with participation from strategic investor Brocade and Series A investors DFJ and Epic Ventures. John Kim and Roy Thiele-Sardiña, managing partners at HighBar Partners, will join Zettaset’s board of directors.

isocket Secures $8m Series A led by Foundry

isocket has received $8 million in a Series A round of funding. Foundry Group led the investment. New investor Costanoa also joined with participation from seed investors DFJ, SoftTech, Accelerator, Quest and Blumberg Capital.

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