Xconomy, 3/19/2012 –
One of the biggest recent acquisitions in the Seattle area is paying some more dividends today. EMC’s Isilon storage division, which was added to the IT behemoth in a $2.25 billion deal two years ago, is now acquiring Bellevue, WA-based Likewise Software.
No price was given in the announcement from Likewise CEO Barry Crist, and in a follow-up e-mail he referred my questions to EMC officials, who I’m still trying to reach. Privately held Likewise’s investors include Bellevue’s Ignition Partners, Silicon Valley’s Trinity Ventures, and Intel Capital.
Likewise last raised venture financing in 2009, when it reported a $10 million Series C roundled by those three firms. At that time, Likewise said it had raised a total of $27 million in venture capital.