Tuesday, March 6, 2012

Fetch Technologies Sold To Connotate

El Segundo-based Fetch Technologies, the developer of data aggregation and analysis software which was a spinout of USC's Information Sciences Institute, has been sold to New Jersey-based Connotate. According to Connotate, former Fetch CEO Ryan Mullholland becomes President of the firm with the acquisition. Financial terms of the acquisition were not disclosed. Fetch Technologies was advised by Siemer & Associates in the sale. Fetch Technologies had raised at least $5.7M in funding. The firm originally was developed from the University of Southern California Information Sciences Institute's Artificial Intelligence (AI) research.

---