Skip to Content

Software - Smart Business Dealmakers

Newsletter Desktop Newsletter Mobile
October 22, 2019

Fifth Season expands its vertical farming, stays focused on capital efficiency

Vertical farming is capital intensive, which is why Fifth Season co-founder and CEO Austin Webb relies on his financial analyst and investment banking background to help manage the funding for the startup, which has raised over $35 million to date....

By Jayne Gest

October 21, 2019

Nationwide invests in Upstream Security

Upstream Security, Israel-based company that provides cybersecurity for connected vehicles, raised $30 million in a Series B funding round backed by a prominent syndicate of investors, including some of the world’s largest OEM automotive vehicle manufacturers, insurance and fleet operators....

By Jayne Gest

October 16, 2019

Riverside Exits Fisher Unitech

The Riverside Co. has sold Fisher Unitech, a provider of 3D design software tools and 3D printers, to Buffalo Grove, Illinois-based Computer Aided Technology, a portfolio company of CIVC Partners L.P....

By Mark Scott

October 14, 2019

Fitts raises investment round

Pittsburgh startup Fitt has completed an investment round. Mountain State Capital led the round with participation from Riverfront Ventures and MINDBODY, as well as continued support from previous investor TNC Ventures, which includes Bob and Bill Nutting as partners....

By Jayne Gest

October 14, 2019

Lovell Minnick Partners Buys Billhighway

Troy-based Billhighway provides SaaS-based accounting and transaction processing services to MBOs such as fraternities, sororities, unions and associations....

By Mark Scott

October 11, 2019

Navv Systems Raises $50,000 Of Angel Funding

Navv Systems is a software company that uses Indoor Positioning technology to provide pedestrian traffic control for hospitals and healthcare systems....

By Mark Scott

October 11, 2019

FMX gets strategic investment from Five Elms

Facilities Management eXpress, a facilities and maintenance management software platform, has received an undisclosed strategic investment from Five Elms Capital. The partnership with Five Elms will fuel the continued expansion of FMX....

By Jayne Gest

October 10, 2019

Fi360 to be sold to Fintech Broadridge

Broadridge Financial Solutions Inc., a $4 billion Long Island, New York-based Fintech company, has agreed to acquire Pittsburgh’s Fi360 Inc. The transaction will help enhance Broadridge’s existing retirement solutions and further strengthen the firm’s data and analytics tools and solutions....

By Jayne Gest

October 8, 2019

Battelle sells DroneDefender assets

Dedrone, a San Francisco company that specializes in counter-small unmanned aircraft systems technology, has purchased all assets and intellectual property associated with DroneDefender from Battelle. Dedrone plans to launch a new consultancy that detects and classifies airspace activity, protects assets from drone threats and defeats adversary drones....

By Jayne Gest

October 8, 2019

SPA Reaches Deal To Buy Jigsaw Systems

Cleveland-based SPA will acquire the Jigsaw assets, people, and customer contracts, and the merged business will operate under the SPA brand....

By Mark Scott

October 7, 2019

LegalSifter raises $1.2M seed round

LegalSifter Inc. raised $1.20 million of Seed 1C funding from undisclosed investors on Oct. 2, 2019, according to PitchBook, putting the company’s post-money valuation at $16.2 million....

By Jayne Gest

October 1, 2019

Epicor Buys Solon-Based 1 EDI Source Inc.

Based in Austin, Texas, Epicor provides industry-specific enterprise software to promote business growth....

By Mark Scott

September 27, 2019

MHC Software acquires Vanguard Systems after Strattam Capital investment

Headquartered in Minneapolis, MHC, with this combination, now serves over 2 million users across more than 1,100 customers....

By Adam Burroughs

September 26, 2019

Radius sold to Texas technology company

TRUNO, a national provider of integrated retail technology solutions, intends to buy Columbus-headquartered Radius Solutions, in a strategic acquisition that comes as a part of the technology partner’s continuing expansion across the country....

By Jayne Gest

September 25, 2019

Axuall lands $3M seed round

Participating in the round are JumpStart (lead), Zapis Capital Group, M25, North Coast Angel Fund, Kettledrum Ventures, and Drummond Road Capital....

By Adam Burroughs

September 19, 2019

Eurazeo Completes Purchase Of Elemica

The acquisition by Eurazeo is expected to support Elemica's expansion into new industry verticals, geographies, and product offerings through both organic growth as well as acquisitions....

By Michael Marzec

September 18, 2019

NextChapter sold to Fastcase

Fastcase, a Washington D.C. legal publisher, has acquired NextChapter, the Columbus startup that creates cloud-based bankruptcy software for attorneys and paralegals. Fastcase plans to invest in NextChapter to create products that integrate legal research, dockets and news, for bankruptcy and beyond....

By Jayne Gest

September 18, 2019

Idelic raises $8M Series A round

Idelic, a Pittsburgh-based data and analytics startup, closed an $8 million Series A financing round, led by Chicago’s Origin Ventures with participation from TDF Ventures, Birchmere Ventures, Bain Capital Ventures and SaaS Venture Capital. Idelic will use the funds to grow its engineering and sales teams, and pave the way to release a mobile application....

By Jayne Gest

September 16, 2019

F13 Works raises capital

F13 Works LLC has raised $250,000 in early-stage venture funding from undisclosed investors, according to PitchBook. The Columbus startup, founded in 2016 as a provider of an e-commerce distribution software intended to serve as the bridge between manufacturers and e-commerce stores, has raised $1.1 million to date....

By Jayne Gest

September 16, 2019

KickUp closes $1.75M Series A round

The round, which will be deployed to accelerate the company’s customer growth and platform expansion, brings KickUp’s total capital raised to $4.75 million....

By Adam Burroughs

September 16, 2019

Sphera Completes Deal To Buy thinkstep

Sphera, a global provider of integrated risk management software and information services, has completed its acquisition of Stuttgart, Germany-based thinkstep after German regulatory authorities approved the deal....

By Mark Scott

September 13, 2019

Riverside invests in Affinitiv

Private equity firm The Riverside Co. has made a non-control investment in Affinitiv, Inc., a portfolio company of CIP Capital, in connection with its transformative acquisition of Loop LLC....

By Adam Burroughs

September 12, 2019

TPA Stream's Jacob Sheridan: Find A Problem, Then Start A Business

Don’t try to start a business, advises TPA Stream CEO Jacob Sheridan. Try to find a big problem and come up with a creative way to solve it. That's your business....

By Mark Scott

September 11, 2019

ANSYS to buy California software company for $775M

ANSYS has agreed to acquire Livermore Software Technology Corp., which provides explicit dynamics and other advanced finite element analysis technology, for $775 million. The transaction should empower ANSYS customers to solve a new class of engineering challenges, including developing safer automobiles, aircraft and trains while reducing or eliminating the need for costly physical testing....

By Jayne Gest

September 10, 2019

Southfield-Based e2View Inc. Raises $600,000 In Angel Funding

The company provides a live three-dimensional application intended to streamline the processes associated with installing, operating, analyzing, repairing and maintaining a product....

By Mark Scott

September 10, 2019

Dynamo Metrics Raises $715,000 In Venture Funding

The Ann Arbor-based company raised an undisclosed amount of venture funding from Invest Detroit Ventures on Feb. 7....

By Mark Scott

September 9, 2019

TPA Stream raises $1.4M

TPA Stream, a Cleveland-based provider of health care benefits automation, has closed a $1.4 million seed funding round, led by North Coast Angel Fund....

By Adam Burroughs

September 5, 2019

Grange, Pixel Perfect Ventures invest in analytics startup

TNEDICCA, a Columbus startup in location-based traffic crash intelligence and predictive analytics, has closed $750,000 funding round led by investment firm Pixel Perfect Ventures and Columbus-headquartered Grange Insurance....

By Jayne Gest

September 3, 2019

MAM Software to be bought by Kerridge Commercial Systems

Blue bell-headquartered MAM Software Group Inc. is set to be acquired by Kerridge Commercial Systems in an all-cash transaction valued at approximately $154.2 million....

By Adam Burroughs

August 28, 2019

Ilya Bodner blazes insuretech trail with Bold Penguin

Serial entrepreneur Ilya Bodner says every startup needs an idea, capital and great people. That's become the lens through which he makes all his decisions in building Bold Penguin, his fast-growing insuretech business....

By Jayne Gest

August 26, 2019

Asset-Map raises nearly $1M in angel funding

Asset-Map, a Philadelphia-based computer software startup, has raised $999,995 of angel funding from undisclosed investors...

By Adam Burroughs

August 23, 2019

Park Place's Entuity Deal Marks Shifting Strategy

On his way to shifting Park Place Technologies' M&A strategy with a tricky deal to buy Britain's Entuity, Chris Adams takes a lesson from Microsoft’s Satya Nadella...

By Mark Scott

August 21, 2019

IT Solutions Consulting buys SecurElement Infrastructure

IT Solutions Consulting Inc., a managed services provider, is acquiring Malvern-based MSP SecurElement Infrastructure Solutions....

By Adam Burroughs

August 21, 2019

Crossbeam Raises $12.5M Series A

Crossbeam, a collaborative data platform that allows companies to find overlapping customers and prospects with their partners, has raised $12.5M in a Series A financing led by FirstMark Capital with participation from its existing investors First Round Capital, Uncork Capital, and Slack Fund....

By Adam Burroughs

August 14, 2019

The Shipyard’s Smart Harbor purchased

Insurance Technologies Corp. has acquired Smart Harbor, a provider of digital technology solutions to insurance agents, which was owned by The Shipyard, a Columbus digital marketing agency. The acquisition will help the Dallas-area provider of websites, marketing, comparative rating and management software and services expand its service offerings....

By Jayne Gest

August 8, 2019

iPipeline bought by Roper Technologies

iPipeline, a provider of cloud-based software solutions for the life insurance and financial services industry is being acquired by Roper Technologies Inc, a diversified technology company....

By Adam Burroughs

August 8, 2019

TimelinePI bought by ABBYY

Philadelphia-based TimelinePI, a process intelligence platform designed to monitor and optimize business processes, has been acquired by ABBYY, a Content IQ technologies and solutions provider....

By Adam Burroughs

August 8, 2019

Sagent Auto, defi SOLUTIONS to merge

Sagent Auto LLC and defi SOLUTIONS-DE LLC, two auto lending technology and services, are merging. The resulting company will be known as defi SOLUTIONS and will have the financial backing of Warburg Pincus, Bain Capital Ventures, and Fiserv, Inc....

By Adam Burroughs

August 6, 2019

Park Place Technologies to buy Entuity

Park Place Technologies is set to acquire Entuity, a global network performance monitoring software company with offices in Boston and London....

By Adam Burroughs

July 31, 2019

MRI Software buys ProLease

Real estate software solutions provider MRI Software has acquired ProLease in a deal expected to support continued growth across all geographic markets and add a sizeable install base of marquee occupier clients in North America....

By Adam Burroughs

July 30, 2019

ORIS Intelligence sold to PriceSpider

PriceSpider has purchased Columbus startup ORIS Intelligence, which provides near real-time analytics into pricing inconsistencies and unauthorized sellers across online channels. The transaction is expected to help the Irvine, California, company provide a more comprehensive SaaS platform for consumer conversion, brand integrity and conversion Intelligence....

By Jayne Gest

July 30, 2019

Drive Capital invests in Physna

The early stage technology startup in Cincinnati completed a $6.9 million Series A round of financing led by Columbus-based Capital....

By Jayne Gest

July 30, 2019

Family Care Path Raises Angel Round

Cleveland-based Family Care Path, a 2016 spin-out company from Cleveland Clinic Innovations, has raised $600,000 of angel funding from undisclosed investors....

By Michael Marzec

July 23, 2019

Mark DeSantis steers RoadBotics through rapid growth

RoadBotics CEO Mark DeSantis shares his experience building RoadBotics from the ground up, including rapid two-year growth since it got its first customers....

By Jayne Gest

July 18, 2019

Frontline Education to buy Perennial EdTech

The Malvern-based provider of K-12 school administration software hopes the deal will help it expand the depth and breadth of problems addressed by its platform....

By Adam Burroughs

July 9, 2019

Industrial Scientific to buy SAFER Systems

Industrial Scientific has agreed to acquire SAFER® Systems, which is based in the Los Angeles-area. The acquisition adds SAFER Systems’ capabilities in hazard analysis and risk assessment to Industrial Scientific’s core functionality in connected sensing and predictive analytics....

By Jayne Gest

July 2, 2019

Keyfactor buys Spain’s Redtrust

The acquisition will help the digital identity management services provider better reach the European market....

By Adam Burroughs

July 2, 2019

Net Health buys Optima Healthcare in strategic deal

The Pittsburgh-based provider of cloud-based software for specialized outpatient care will use the deal to expand its cloud-based electronic medical record software part of its business....

By Jayne Gest

June 28, 2019

Chuck Bernicker Raises $250M For Blank Check Company

Former CardConnect CFO Chuck Bernicker has successfully closed a $250 million initial public offering for South Mountain Merger Corp., a "blank check" company formed for the purpose of acquiring financial technology businesses....

By Michael Marzec

June 25, 2019

Fintech Pineapple Payments buys rival CardChamp

This is the fourth acquisition for Pineapple Payments, which raised $35 million in a 2017 private equity funding round led by Providence Strategic Growth....

By Jayne Gest