Thursday, November 20, 2008
WebVisible Acquires Adapt Technologies
Irvine-based WebVisible announced today that it has acquired Pasadena-based Adapt Technologies, a developer of search engine marketing tools. Financial terms of the acquisition were not disclosed. WebVisible is a provider of local online advertising services, which helps small and midsize businesses place search engine marketing. Adapt Technologies was venture backed by Concept2company, Emergence Capital Partners, and Mohr, Davidow Ventures; the firm had raised $9.8M in 2005. WebVisible is venture backed by Redpoint Ventures and Sutter Hill Ventures.