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Oracle Buying Bridgestream

Oracle (Nasdaq: ORCL) has agreed to acquire Bridgestream, a San Francisco-based provider of HR role automation software. The deal is valued at between $33 million and $36 million. Bridgestream has raised around $14 million in total VC funding, from firms like Hummer Winblad Venture Partners, Outlook Ventures, ArrowPath Ventures and Polestar Capital.