A $500M acquisition in PIT | Investing in autonomous zero-emissions rail | $1.5B for the Wolverines
November 18, 2021
PITTSBURGH, PA—Global technology solutions provider Confluence Technologies has agreed to acquire Investment Metrics, an investment data solutions company in a deal worth $500 million. Confluence is backed by both Clearlake Capital Group LP and TA Associates.
INDIANAPOLIS, IN—Startup MetaCX, which offers an online network where businesses and their suppliers can communicate and collaborate, has raised another $7 million in equity funding. This latest round of funding came from two of its previous investors, Maryland-based Greenspring Associates and Atlanta-based Panoramic Ventures, joined by a new investor called Engage Ventures.
WISCONSIN—NVNG Investment Advisors LLC has closed on $40 million, toward its goal of $200 million, in its first venture capital fund of funds, which is expected to boost investment in Wisconsin startups. Investors included several top-tier Wisconsin companies, including Exact Sciences Corp.