Salesforce buys Krux in reported $700M deal
In the first big software acquisition of the fourth quarter, Salesforce announced that it will acquire Krux, a developer of data management tools for marketers, in a deal reportedly valued around $700 million. San Francisco-based Krux, a six-year-old company, previously raised about $50 million in venture funding. (Disclosure: Salesforce is a Crunchbase investor).
Now that the third quarter’s a wrap, we looked to see how it stacked up for enterprise software M&A. A Crunchbase Pro search turned up more than 50 Q3 acquisitions of enterprise software, SaaS and analytics companies that had raised venture funding in the past five years. Salesforce made the largest disclosed purchase, paying $750 million to acquire Quip, a developer of tools for collaboratively working on documents.
Aspire Health raises $32M round led by Google
Aspire Health, a Nashville-based provider of palliative care for seriously ill patients that is chaired by former U.S. Senate Majority Leader Bill Frist, has raised $32 million in a Series D funding round led by GV, Google’s venture arm.
Hawkers nabs $56M for sunglasses business
The future is looking bright for Hawkers, a Spanish designer and online retailer of trendy-looking sunglasses. A startup called Saldum Ventures has just raised about $56 million to build out the digital-first sunglasses business to take on the big brands of the industry, TechCrunch reports.
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