Parallax Capital Acquires Daptiv

Parallax Capital Partners has acquired Daptiv for a reported $12.65 million. John Baldwin, a Parallax partner with 24 years of experience in the software applications and technology industry, has been appointed as the company's new CEO. Daptiv provides on-demand project and portfolio management software and services and has previously received VC funding from several investors, including Vault Capital, Pinpoint Ventures, Kennet Partners and Bay Partners.