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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.

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Is Venture Debt On The Rise?

Venture debt appears to be gaining in prominence this year as companies such as Atlassian, Box and HubSpot raise final rounds of traditional equity financing before launching IPOs.

Silverpop Closes $25 Mln Funding

Silverpop said Wednesday it received $25 million in new funding from Escalate Capital Partners and Silicon Valley Bank. Silverpop, which provides digital marketing technology, has over $50 million in funding.

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European Founders Buy Into Silverpop

Silverpop, an Atlanta-based email service provider, announced that the European Founders Fund had purchased an undisclosed amount of common stock from existing company shareholders. No additional details were provided. Silverpop had previously raised over $67 million from firms like D.E. Shaw, Draper Fisher Jurvetson, ePlanet Partners, NeoCarta Ventures and Total Technology Ventures. PRESS RELEASE Silverpop, […]

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