, an Austin, Texas-based provider of online constituent relationship management solutions for nonprofit organizations, has acquired competitor GetActive Software Inc. of Berkeley, Calif., in an all-stock deal. Both companies are recognized as CRM software and services vendors within the nonprofit sector. The financial terms were undisclosed. GetActive raised about $10.5 million from the Band of Angels, El Dorado Ventures, Pacific Partners and Rembrandt Venture Partners. Convio has raised more than $36 million in VC funding from such firms as Austin Ventures, Adams Street Partners, Granite Ventures, Silverton Partners and Windspeed Ventures.
Bioscyrpt expands into face recognition
Bioscrypt Inc. (TSX: BYT) has agreed to acquire A4Vision Inc., a Sunnyvale, Calif.-based provider of identification systems using 3D facial imaging and recognition technology. Bioscrypt, a provider of fingerprint identification technology, agreed to pay 9 million shares, worth $6.7 million. A4Vision had raised more than $25 million in VC funding since its 2001 inception from such firms as MyQube, Hanna Ventures, In-Q-Tel, Motorola Ventures, Menlo Ventures, Stanford University and Sunrise Capital.
State Street buys Currenex
State Street Corp.
(NYSE: STT) has agreed to acquire Currenex Inc., a New York-based online foreign-exchange trading platform, for about $564 million in cash. Currenex (f.k.a. FXTrades Inc.) raised about $65 million in VC funding since its 1999 inception from such firms as DLJ Merchant Banking Partners, Shell Internet Ventures, TH Lee Putman Ventures and W.R. Hambrecht & Co.