Toyota Invests in WiTricity, Gambling.com Goes for $2.5M on Sedo, eBay Buys FigCard to Roll Into PayPal, & More Boston-Area Deals News

Acquisitions and financing headlines were prominent this week for companies in the Web, mobile, and enterprise IT spaces.

—TA Associates and Summit Partners, growth equity firms with offices in Boston and Silicon Valley, nabbed a controlling share of the Germany-based online gaming company Bigpoint, by investing $350 million in recapitalization financing. Previous Bigpoint shareholder Comcast Interactive Capital’s Peacock Equity Fund sold its holdings. GMT Communications Partners and GE sold a majority of their Bigpoint stake.

—Wellesley Hills, MA-based AppNeta officially launched its cloud-based network management technology and announced it had raised $6.2 million in new funding, led by Bain Capital Ventures, Egan-Managed Capital, JMI Equity, and Business Development Bank of Canada. The company’s technology and staff come from Apparent Networks.

—Watertown, MA-based WiTricity, a developer of a wireless charging system for electric cars and plug-in hybrids, inked a technology partnership with Toyota Motor Corporation. The deal also includes a Toyota investment in WiTricity, in the single digit millions of dollars, according to a Boston Globe report.

Dassault Systémes, a maker of product lifecycle management software with its U.S. headquarters in Lowell, MA, said it acquired Enginuity PLM of Milford, CT, which makes software for developing formula-based products like cosmetics and pharmaceuticals.

—Sedo, a Cambridge, MA-based company offering an online marketplace for domain names, said it brokered its third largest deal ever, with the sale of the “gambling.com” domain for $2.5 million to an unnamed British firm.

—Waltham, MA-based marketing research software maker Invoke Solutions nabbed $3.8 million in equity-based funding from two investors, a SEC filing showed.

SMTP, a Cambridge-based emailing software firm, went public on the over-the-counter bulletin board (OTCBB: [[ticker:SMTP]]). Eighty-one shareholders paid

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.