Daily Deal Activity 10/23/14

October 24, 2014

Digital Media/Commerce

gaming

Playstudios, which develops a “social casino” app that offers hotel nights as reward, has raised $20 million in Series C funding from Jafco Ventures with participation from DCM and MGM Resorts International. The company intends on using the new capital to continue to grow operations.

mobile content/apps

Charlie, provider of a meeting preparation app, has raised $1.75 million in a round of funding led by Lightbank with participation from Hyde Park Venture Partners and Confluence Capital Partners. The company will use the new capital to improve its algorithm, integrate more data sources, and scale operations.

mobile content/apps

Fountain, provider of an app that connects homeowners with experts on home and garden projects, has raised $4 million in Series A funding in a round led by First Round Capital with participation from Shasta Ventures. Fountain will open its beta trial period later this month.

mobile content/apps, classifieds/auctions/p-to-p

China-based Koudai Gouwu, which provides a WeChat integrated mobile focused shopping marketplace that lets merchants sell directly to buyers, has raised $350 million in Series C funding led by Tencent with participation from Tiger Fund, Falcon Edge Capital, VY Capital, and DST Global.  The investment reveals TenCent’s plan to revive its eCommerce position.

Niche content

nousDécor, which provides a community-curated interior design and décor site, has raised $2.1 million in a round of funding from private investors.

Social media/apps

Ello.co, a provider of an ad-free social media network, has acquired $5.5 million in a round of funding from private investors. The company remains in beta testing and will use the new capital for developing product capabilities and expanding its engineering team.

Digital Advertising

ad networks/exchanges

Boostable, which provides an advertising platform for marketplaces that allows sellers to quickly launch ad campaigns on different channels, has raised $2.6 million in Series A funding from SV Angle, Omidyar Network, and Digital Garage. The company will use the new capital to expand its partnerships and include new channels for advertisers.

digital Agency

Covario, an independent search and content performance marketing agency, has been acquired by Dentsu Aegis Network. Covario will be integrated into Dentsu’s iProspect, a digital performance agency, following completion of the transaction. Covario will spin-off RioSoft, which provides SaaS based local search and social media automation, to existing investors. Terms of the transaction were not disclosed.

digital video

Ireland-based VideoElephant, a company that aggregates and sells online video content for websites, has raised $1 million in a round of funding from AIB seed Capital fund DBIC. The new capital will be used for product development and for expansion to the US.

online Lead generation

Vestorly, which provides an online community for consumers to find an investment advisor through people they know and trust, has raised $2 million in a round of funding led by AlphaPrimer Ventures, Formation 8, and Gaspar Global Ventures. The company will use the new capital to expand its engineering team and enterprise capabilities.

Marketing Technology

analytics & Targeting

Argyle Data, a provider of real-time fraud analytics for data driven Hadoop organizations in mobile communications and financial services, has raised $4.5 million in a round led by undisclosed investors. The company will use the capital to hire new talent and expand leadership.

Commerce management

India-based Kartrocket, which provides an ecommerce enablement platform for SMEs and retailers, has raised $2 million in Series A funding led by Nirvana Venture Advisors with participation from 500 Startups and Beenos. The company intends to use the funds to expand operations in India.

Commerce management

Canada-based LightSpeed, a provider of point-of-sale software for retailers, has acquired POSIOS, a mobile restaurant solutions provider. Terms of the deal were not disclosed. Lightspeed has recently raised $35 million from iNovia Capital and is backed by Accel Partners.

Media management system

Zignal Labs, a provider of real-time media monitoring and big data analytics solutions, has raised $10.7 in Series B funding from Figtree Partners and Ross Investment Associates. The company plans on using the new capital to continue to grow its leadership, sales, and engineering teams and to begin delivering new product enhancements.

Agency & Marketing Services

Loyalty Retention, Social Technology

Mogl, which provides a loyalty rewards app, has raised $11 million in Series C funding from Austin Ventures, Avalon Ventures, Correlation Ventures, and Sigma West.

Traditional Media

broadcast televsion

NexStar Broadcasting (NASDAQ:NXST) has acquired KASW-TV, a CW affiliated broadcasting station, from Meredith Corporation (MDP) for $68 million. The acquisition will be accretive to NexStar’s operating results immediately upon closing.

Software

collaboration

Canada-based Jostle, which provides enterprise level collaboration services, has raised $2 million in a round of funding from Angel Investors. The company will use the new capital to accelerate customer acquisition and continue product deployment. This round brings Jostle’s total funding to $6.6 million, all raised from private individuals.

Financial

Capshare, a provider of an equity management platform for valuation service providers and organizations, has raised $1 million in a round of funding led by Tim Draper Associates with participation from Kickstart Seed Fund. The company will use the new capital for continued acceleration for the next two years.

Financial

iCapital Network, provider of an online private equity platform, has raised $9.3 million in funding from Eaton Partners, Park Hill Group, Pivot Investment Partners, Monument Group, Capstone Partners, and Gen II Fund Services. The company plans to use the new capital to continue building out is platform and bring private funds to a broader audience.

Healthcare Providers

Phreesia, a provider of a healthcare point-of-service platform, has raised $30 million in a round of funding led by private equity firm LLR Partners. The new capital will allow Phreesia to continue rapid expansion, accelerate product development, and broaden its customer base around the country.

security

PCCW Global, an operating division of Hong-Kong based telecommunications service provider HKT, has acquired Crypteia Networks, a provider of security-as-a-service solutions. Crypteia will continue to operate as a separate brand. The acquisition increases Crypteia’s international presence and will extend its customer base for global expansion.

security

Proofpoint (NASDAQ:PFPT) has acquired Nexgate, a provider of security and compliance solutions for social media communication channels, for $35 million. The acquisition provides security for Proofpoint’s online brand presence and social media communication infrastructure.

Information & Business Services

marketing data

Workhorse Software, which provides SaaS based media planning and plan management software, has been acquired by SQAD, a portfolio company of Clarion Capital Partners that operates as an independent source for TV, radio, and digital cost analysis. Terms of the transaction were not disclosed.

Printing SErvices

Canvera, an online digital photography company that offers prints, calendars, and photobooks, has raised $1.6 million in a round led by Info Edge.

Training

ExecOnline, a provider of executive training solutions, has raised $5 million in Series A funding from Osage Venture Partners, New Atlantic Ventures, Kaplan Partners, and Militello Capital. The company will use the new capital to improve existing offerings, enrich its enterprise learning platform, establish partnerships with additional business schools, expand sales and marketing, and scale operations.


Daily Deal Activity 10/22/14

October 23, 2014

Noteworthy

digital agency

ICF International (NASDAQ:ICFI) has agreed to acquired Olson, a digital marketing agency, for $295 million in cash from KRG Capital Partners. The acquisition will bring an advisory element to ICF’s digital services, and reveals the company’s efforts to ramp up commercial and government targeted business. The deal would take the company’s commercial services revenue to 36 percent, from 28 percent.

Digital Media/Commerce

Mobile Content/apps

Glamsquad, which develops an app-based beauty provider, has raised $7 million in Series A funding from SoftBank. The company had previously raised $2 million bringing total funding to $9 million. The company will use the new capital to continue expansion by launching the product in other cities.

Mobile Content/apps

UK-based Skyscanner, a travel search company, has acquired Hungary-based app developer Distinction, in an effort to consolidate its mobile strategy. Terms of the transaction were not disclosed.

ecommerce

Indonesia-based PT Tokopedia, an ecommerce company, has raised $100 million in a round of funding led by SoftBank Internet and Media with participation from Sequoia Capital and SP Pan Asia Fund. The investment comes after Softbank’s acquisition of DramaFever, an online video service, earlier this month. The company will use the new capital to focus on customer acquisition, hiring, and other growth initiatives.

Digital Advertising

Ad Networks/Exchanges, Mobile Marketing

YieldMo, which provides a private ad exchange for mobile publishers that lets them run ads on both mobile sites and apps, has raised $10 million in Series B funding led by Time Warner Investments with participation from Google Ventures and Union Square Ventures. The company will use the new capital to expand its mobile marketplace and hire new talent.

digital video, ad networks/exchanges

Yahoo (NASDAQ:YHOO) has entered into talks to acquire BrightRoll, which provides an independent and unified programmatic video advertising platform for reaching audiences across screens, for a reported $700 million. Brightroll has recently received $40 million in funding from Adams Street Partners, Scale Venture Partners, KPG Ventures, True Ventures, and Trident Capital.

Mobile Marketing

YouAppi, a provider of a data-driven mobile customer acquisition platform, has raised $3 million in Series A funding from Glilot Capital Partners, 2B Angels, and Flint Capital. The company will use the new capital to strengthen its market position and further develop its mobile customer acquisition solution.

Marketing Technology

Analytics & Targeting

Lytics, which provides an adaptive digital marketing platform, has raised $7 million in Series A funding from Comcast Ventures with participation from Rembrandt Venture Partners and Voyager Capital. The company plans to use the capital for product development, recruiting talent, and pushing expansion.

Analytics & Targeting

Tectonic, a provider of analytics and marketing automation solutions, has acquired Sakonent, a CRM consultancy firm. Terms of the transaction were not disclosed.

crm

Telcare, which develops machine-to-machine cellular technology that wirelessly connects patients and physicians, has raised $32.5 million in Series C funding from Mosaic Health Solutions, Qualcomm Ventures, Sequoia Capital, and Northwest Venture Partners.

commerce Management

Lashou Group, an online social commerce company, has been acquired by Sanpower Group. Terms of the transaction were not disclosed. The acquisition will allow Sanpower to develop an online to off-line platform.

Mobile Technology

Mozido, a provider of mobile, financial, retail, and marketing services, has raised $185 million in the first part of its Series B funding from Mastercard, and Wellington Management. The total round is expected to reach $400 million, and the company has raise $265 million over the past 12 months. It will use the new capital for strategic acquisitions to accelerate growth of its ecosystems.

Mobile Technology

Urban Airship, which provides a  way to deliver real-time push notifications and in-app purchase content for mobile developers, has raised $12.1 million in Series D follow-on financing from True Ventures, Foundry Group, and August Capital. The company has raised a total of $58.7 million and plans to use the new capital to grow globally.

Agency & Marketing Services

digital agency

Slyce, a provider of search technology that allows consumers to make purchases the moment they discover them, has acquired mobile app agency Drivetrain for $3.5 million in cash and stock. The acquisition will contribute to the continued technical development of the Slyce visual search platform. Slyce acquired Pounce earlier this month.

Technology & Communications

Cellular Communications Equipment

NuCurrent, a provider of wireless power antenna technology, has raised $3.5 million in Series A funding from Independence Equity, Hyde Park Angels, and Harvard Business School Angels. The company will use the new capital to accelerate commercial development and increase its global market share.

Cloud Computing Technology

EMC Corp (NYSE:EMC), has acquired a minority stake in VCE, a joint venture that provides converged solutions for private cloud computing, from Cisco (NASDAQ:CSCO). No financial terms were disclosed other than Cisco reporting $644 million in related losses from the original $716 million investment.

Network Infrastructure

HMicro, a provider of wireless solutions that develops integrated products for the industrial and medical industries, has raised $5.5 million in Series B funding from Seraph Group, Reddy Capital, and X/Seed Capital Partners. The equity investment will used for supporting the development and commercialization of its Wireless Technology.

Software

Application management

Bulgaria-based Telerik AD, provider of a platform which combines user interface tools with cloud services for application development lifecycle, has been acquired by Progress Software (NASDAQ:PRGS) for $263 million. Progress Software is expected to fund a portion of the acquisition with debt. The combination is will produce a service that enables developers to create applications driven by data for any device or for the cloud. Progress Software recently acquired Modulus, which provides a platform-as-a-service for hosting real-time applications.

Credit/risk, Financial

Fortress Risk Management, a provider of technology and intelligence services for community banks and credit unions to reduce risks of fraud and financial crime, has raised $3.5 million in a round led by Black Dragon Capital with participation from Advantage Capital Connecticut Partners. The company will use the new capital to accelerate its customer base and develop new products and services.

legal

D4, a provider of e-discovery, computer forensics, and litigation support services, has acquired Strategic Document Solutions, a provider of electronic and paper discovery services to the legal, corporate, and education industries. Terms of the transaction were not disclosed.

ERP, Financial

Acumatica, a provider of cloud-based accounting software for small businesses, has raised $13.3 million in a round led by MYOB, Runa Capital, and Almaz Capital. The company has raised $30 million in total, and will use the new capital to broaden its product line, accelerate expansion and enablement of its partner ecosystem, and upsize its brand.

Healthcare Providers

North Bridge Growth Equity has acquired a majority stake in Ingenious Med, which provides a cloud-based patient encounter platform for the healthcare market. Terms of the transaction were not disclosed.

security

Spikes Security, a provider of browser malware isolation solutions, has raised $11 million in Series A funding from Lakewood & Co., Benhamou Global Ventures, and Javelin Venture Partners. The company plans on using the new capital to continue development of its malware isolation appliances and to expand sales traction in several target market segments.

Information & Business Services

IT consulting

Pegasystems (NASDAQ:PEGA) has acquired its Turkey-based partner Ultima IT, a provider of consulting services for developing business applications and IT Infrastructure. Terms of the transaction were not disclosed.

Market Research, Marketing Data

UK-based Gorkana, a provider of media monitoring solutions, has been acquired by Cision, a developer of PR and Social software, for an undisclosed amount. Cision is a portfolio company of GTCR, and has recently made two other transactions: The acquisition of Visible Technologies and a merger with Vocus.

 

 


Daily Deal Activity 10/21/14

October 22, 2014

Noteworthy

Specialty Agency

TPG Capital has acquired a majority stake in Creative Artists Agency, a provider of talent management and literary services. The acquisition will help C.A.A push into new business operations. Terms of the transaction were not disclosed.

training

Bertelsmann has acquired Relias Learning, which provides subscription training software for the healthcare sector, from Vista Equity Partners, for $540 million. The acquisition marks Bertelsmann’s expansion into educational software.

Digital Media/Commerce

mobile content/apps

CrowdCare, which provides a context-aware self-care mobile application, has raised $3.5 million in a round of funding led by Extreme Venture Partner with participation from Mantella Ventures Partners. The company plans to use the funds to accelerate the deployment of its platform.

mobile content/apps, ecommerce

Malaysia-based GrabTaxi, which provides a mobile location-based booking and dispatch platform for the taxi industry, has raised $65 million in Series C funding from Tiger Global Management, GGV Capital, Vertex Venture Holdings, Qunar.com, and Hillhouse Capital Group. The company plans on using the new capital to invest in hiring, mobile development, and general expansion.

Socail media/apps

HelloWorld, developer of a location-sharing app, has been acquired by Life360, which provides a mobile application that connects family members and close friends, for an undisclosed 7 figure sum.

Digital Advertising

mobile marketing, ad networks/exchanges

Fiksu, a data-driven mobile ad tech company, has raised $10 million in debt funding from Silicon Valley Bank. The Qualcomm Ventures and Charles River Ventures backed company plans to use the new capital to support expansion and ongoing development of its programmatic mobile demand platform.

Marketing Technology

analytics & targeting

Australia-based Amethon Solutions, a provider of mobile data analytics and content tracking solutions, has been acquired by Invigor (ASX:IVO), a provider of business intelligence solutions and strategic consulting, for $1.8 million in cash and stock. The acquisition is expected to contribute to Invigor’s EBITDA.

content management

SnapLogic, which is a developer of SaaS open source data integration solutions that enable enterprises to create rich Internet applications , has raised $20 million in Series D in a round led by Ignition Partners with participation from Andreessen Horowitz, H. Barton Asset Management, Pharus Capital Management, and Triangle Peak Partners. The company has raised $60 million in total, and intends to use the new capital to grow its field sales, marketing, and operations while continuing to build big data streaming capabilities for its connectivity platform.

content management

Six Apart, a provider of content management software and solutions, has acquired Topics, a developer of digital publishing products, from 29th Street Publishing. Terms of the transaction were not disclosed. The acquisition allows Six Apart to streamline front-end development.

Traditional Media

b-to-b media

Marketplace Events, a producer of consumer shows on various market segments, has acquired Casa Latina Home Expos, a bilingual, multi-platform home and lifestyle brand designed for the Hispanic market. Terms of the transaction were not disclosed.

Technology & Communications

Cloud computing technology

Macheen, a cloud service provider for connected devices, has been acquired by Good Technology, a provider of secure and managed enterprise mobility solutions. Terms of the transaction were not disclosed.

Cloud computing technology

Snowflake Computing, which provides cloud infrastructure solutions, has raised $26 million in Series B funding led by Redpoint Ventures with participation from Sutter Hill Ventures and Wing Ventures. The company intends to use the new capital to expand its team to accelerate product development and build out customer and partner ecosystems.

Financial Technology

Orchard Platform, a provider of an investment and analytics platform focused on the global marketplace lending market, has raised $14.7 million in a round of funding led by Spark Capital and Canaan Partners. The company will use the new capital to expand its team and advance its technology platform.

Network infrastructure

Benu Networks, which provides networking and software solutions for operators deploying Wi-Fi and cloud services, has raised $27.7 million in a round of funding led by Liberty Global Ventures and Arris Group with participation from Spark Capital, Sutter Hill Ventures, and Comcast Ventures.

Software

Credit/risk, Security

Portugal-based AnubisNetworks, a provider of IT security and risk management solutions, has been acquired by BitSight Technologies, a developer of data analytics and security software. Terms of the transaction were not disclosed. AnubisNetworks will continue to operate as a subsidiary of BitSight Technologies.

Credit/risk

CreditSuppliers, a limited liability company that offers a lending and tracking payment control program for the construction industry, has raised $12.5 million in a round led by G8 Capital. The company operates as a wholly owned subsidiary of Atlas44 and will use the new capital to advance its proprietary lending platform.

Data management

StackIQ, which develops a multi-server management system for cloud data clusters, has received $6 million in Series B funding from GrayHawk Capital, Keshif Ventures, DLA Piper, OurCrowd, Anthem Venture Partners, and Avalon Partners. The company plans to use the new capital to scales sales, marketing, and overall operations.

erp

Ireland-based Epicor Software, a provider of business management solutions and software owned by Apax Partners, has acquired QuantiSense, which provides analytics, business intelligence, and data warehousing solutions for retailers. Terms of the transaction were not disclosed. The acquisition extends Epicor’s reach as a provider of omni-channel solutions for large retail chains.

HR

Navera, a provider of benefits engagement solutions, has raised $8 million in Series B funding from Mohr Davidow Ventures and Emergence Capital Partners. The company plans on using the new capital to accelerate product and channel development.

Healthcare providers

CareSync, which provides a patient-centered coordination platform, has raised $4.3 million in Series A funding from CDH Investments, Clearwell Group, and Tullis Health Investors. The new capital will be used for scaling operations to meet increasing demands.

infrastructure

Moogsoft, a provider of collaborative situation management software for IT operations, has raised an additional $3 million in Series B funding from Cisco Ventures, bringing the total Series B round to $14 million. The company plans to use the new capital to accelerate plans to advance its operational tools.

infrastructure

NetPlus, a provider of communications software and telecom infrastructure management solutions, has been acquired by private equity firm StoneCalibre. Terms of the transaction were not disclosed.  StoneCalibre will look for new acquisitions to augment NetPlus growth.

Security

SilverSky, a provider of cloud-based security software and managed solutions, has been acquired by BAE Systems (LSE:BA) for $232 million. SilverSky will be incorporated in BAE Systems’ Applied Intelligence division and will allow the company to focus on continued expansion in the managed services marketplace.

software development tools

Firebase, which provides a mechanism for developers to write mobile and web-based apps that stay in sync with each other, has been acquired by Google (NASDAQ:GOOGL). Firebase employees will become part of Google’s cloud-computing team. Terms of the transaction were not disclosed. Google will continue to operate the service.

Information & Business Services

MaRketing Data

Berkshire Partners has acquired a majority stake in Access Information Management, a provider of data protection and record-keeping services, from Summit Partners. Terms of the transaction were not disclosed. Safe Site Northwest and DataSite Business Archives will continue to operate as subsidiaries of Access Information Management.

MaRketing Data

HomeZada, which provides a digital home information platform for the homeowner lifecycle, has raised $2.1 million a round of funding led by Moneta Ventures. The company plans to use the funds to focus on accelerating the development of the platform, increasing brand awareness, and marketing to acquire new users.

IT Consulting/system Integrations

Mirantis, an OpenStack systems integrator, has raised $100 million in Series B funding from Insight Venture Partners with participation from Intel Partners, Westsummit Capital, Ericsson, and SAP Ventures. The company, which had previously raised $20 million, will use the new capital to double its engineering investments and accelerate international expansion in Europe and Asia-Pacific.

training

iCollege (ASX:ICT), a provider of online education services, has acquired Dynamic Learning Services, which provides registered training courses for the hospitality and finance sectors, for $4 million. Dynamic’s courses will be integrated onto iCollege’s mobile online platform. The acquisition expands iCollege’s portfolio and broadens its corporate client base.

 


Daily Deal Activity 10/20/14

October 21, 2014

Digital Media/Commerce

Classifieds/Auction/P-to-p

Italy-based PrivateGriffe, which develops and provides a social fashion marketplace, has raised $3.4 million in a round of funding led by Ad4Ventures with participation from Banca Esperia. The company will use the funds to launch a TV campaign, develop an eCommerce platform, hire new talent, and expand its catalog.

Mobile content/apps

Peru-based CinePapaya, which provides a mobile movie ticketing service, has raised $2 million from internet conglomerate Movile. The company will use the funds to enter new markets, hire new staff, and increase product innovation as part of the Movile network of companies.

Mobile content/apps

Netpulse, which provides a digital platform for the fitness industry, has acquired the assets of Club Apps, a provider of custom club mobile applications. Terms of the transaction were not disclosed. The acquisition expands Netpulse’s reach and client base. The company has recently raised $18.6 million from Nokia Growth Partners.

social media/apps

CinemaWell.com, which provides a social network of cinemas that connects movie authors with audiences, has been acquired by Facebook (NASDAQ:FB) for $95 million. CinemaWell.com will operate autonomously within Facebook.

Digital Advertising

Ad Network/exchanges

Staq, an ad-tech startup specializing in reporting and connections integrations, has raised $2.5 million in Series A funding led by Genacast Ventures and Core Capital with participation by Kinetic Ventures, Revel Partners, and The Hive. The company will use the new capital to expand adoption of the product.

Digital Promotion Coupon

Beautified, which provides an app for booking last minute hair and beauty appointments, has raised $1.2 million in a round of funding led by New Enterprise Associates, Manzanita Capital, and Carmen Busquets. The company intends to use the funds to expand in Los Angeles and San Francisco.

Digital Promotion Coupon

Perkla, which provides an online shopping portal for students, has been acquired by ID.me, a provider of digital identity solutions. Terms of the transaction were not disclosed. The acquisition will drive ID.me engagement toward a new market.

Digital video

UK-based Videoplaza, a video advertising startup that has raised $17 million in funding from Qualcomm Ventures, has been purchased by Ooyala, a video technology company that provides enterprise-level video solutions for media companies and brands. Videoplaza will continue to operate independently; Terms of the transaction were not disclosed.

Marketing Technology

commerce management

Bitnet Technologies, which develops a digital commerce platform designed to let enterprise-scale merchants accept bitcoin, has raised $14.5 million in Series A funding led by Highland Capital Partners, with participation from Rakuten. The company plans on using the new capital to build its team for sales, customer support, and marketing to expand its physical presence into Europe and Asia.

Content Delivery Network

Moreover Technologies, which provides content delivery services and media management solutions, has been acquired by LexisNexis. LexisNexis will combine its business content product with Moreover Technologies’ Newsdesk and launch a new product, LexisNexis Newsdesk. Terms of the transaction were not disclosed.

Content Management

LicenseStream, which provides a content licensing technology platform, has been acquired by Wrights Media, a provider of licensing solutions for print and online publications. Terms of the transaction were not disclosed.

Technology & Communications

Big data technology

Cazena, which is a provider of big data solutions that expedites enterprise access without the need to build infrastructure, has raised $8 million in Series A funding led by Andreessen Horowitz and North Bridge Venture Partners. The company is currently operating in beta mode.

Software

Collaboration

UK-based DisplayNote Technologies, which is a provider of tech collaboration and presentation software tools, has raised $1.6 million in Series A funding led by Kernel Captial. The company intends on using the capital to further grow its employment efforts and accelerate the product roll out.

Collaboration

Singapore-based SlideGo, which provides content presentation services for the Web and mobile devices, has been acquired by bigtincan, a provider of mobile content enablement. Bigtincan will integrate with SlideGo technologies. Terms of the transaction were not disclosed.

Email/messaging

Graphic Mail, a provider of integrated email solutions, has been acquired by SMTP (NASDAQ:SMTP) for $5.1 million in cash and stock. Graphic Mail is the second acquisition closed by SMTP this year, and the acquisition will provide global distribution for the company’s relay products.

erp

Recurly, which provides a pay-as-you-go subscription billing platform, has raised $12 million in Series B funding led by Devonshire Investors with participation from Greystone Partners, Polaris Partners, and e.ventures. The company will use the new capital to grow the capabilities of the platform to enable integrations with third party services as well as alternative methods of payment.

Financial

Technisys, a developer of digital banking technologies, has raised $13 million in Series B funding in a round led by Intel Partners with participation from Alta Ventures, KASZeK Ventures, Endeavor Catalyst, and Holdinvest. The company plans on using the new capital to expand its business throughout new markets in Latin America and the US, as well as to invest in its Cyberbank Omnichannel product.

Legal

RightSignature, a provider of technology that lets people sign files digitally on desktop and mobile devices, has been acquired by Citrix (NASDAQ:CTXS), a provider of enterprise virtualization software and cloud infrastructure solutions. RightSignature will integrate its software with Citrix’s file-transferring service. Terms of the transaction were not disclosed.

Information & Business Services

data processign/enhancement

Israel-based Xplenty, which provides big data processing for users unfamiliar with Hadoop processing, has raised $3 million from Magma Venture Partners and Waarde Capital. The company will use the capital to invest in sales and marketing and to expand product features.

it consulting/systems Integrations

BEAR Data Solutions, a provider of technology consultation and IT solutions, has been acquired by Datalink Corporation (NASDAQ:DTLK) for $18.5 million in cash and stock. The acquisition will help Datalink expand west coast operations and grow its user base.

Logistics

ShipWorks, a provider of shipping technology and software, has been acquired by Stamps.com (NASDAQ:STMP) for $22 million. Shipworks, which has previously worked with Stamps.com as a partner, will operate independently as wholly owned subsidiary.


Daily Deal Activity 10/17/14

October 20, 2014

Digital Media/Commerce

Digital Place-Based Media

AirMedia, which operates out-of-home advertising platforms with a syndication network built specifically for video, has received $2 million in a round of funding led by Otter Media. The company will use the funding to continue development of the platform.

Digital Advertising

Comparison Shopping

Great Hills Partners has acquired a 60 percent equity stake in UK based Momondo Group, an online travel search company, for $130 million. The company will use the funding to focus on expanding and to capitalize on the growth rates of the travel meta market.

Game Advertising

Fresvii, which provides a platform service for smartphone game developers, has raised $1.8 million in a round of funding led by Nissay Capital. The capital will be used to develop community management services and social network integration.

Marketing Technology

Content Management, Mobile Technology

U.K.-based Metail, a provider of virtual fitting rooms for retailers, has raised $12 million in a round led by TAL Apparel. The company plans to use the capital to develop a consumer facing app along with other mobile technology.

mrm/ Workflow Management

India-based Sapience Analytics, a provider of software that measures the amount of time employees spend on specific projects and applications, has raised $7.3 million in Series B funding from Orios Venture Partners. The funding will be used to accelerate a growing customer base and to expand product capabilities for the development of a higher value addition.

Software

Collaboration, communication  

Mailcloud, a developer and operator of a platform for real-time email and messaging for teams, has raised $1.8 million in a round of funding from Bessemer Venture Partners, Kima Ventures, and Octopus Investments. Mailcloud has raised $1 million this year already, with total funding amounting to $2.8 million.

Big Data Technology

Waterline Data Science, which develops a data self-service platform for Hadoop, has raised $7 million in Series A funding from Menlo Ventures and Sigma West. The company provides the first product in the industry that makes Hadoop broadly consumable by business analysts and data scientists.

Healthcare-providers

MedAvail, a provider of healthcare solutions and developer of consumer-facing drug dispensing kiosks, has raised $30 million in Series C funding in a round led by Pura Vida Investments with participation from Deerfield Management Company, Adage Capital Management, Redmile Group, Walgreens, and Alliance Boots GmBH. The company intends on using the new capital to commercialize its product.

ERP

enosiX, a provider of enterprise software solutions, has raised $4.3 million in Series A funding in a round led by Allos Ventures.  The company plans to focus on development and to hire talent for the sales and marketing team.


Daily Deal Activity 10/16/14

October 20, 2014

Digital Media/Commerce

Digital Place-based Media

Private equity firm The Riverside Co. has acquired a majority stake in Spectrio, a marketing firm focused on digital signage, managed services, and on-hold messaging, from SJ Partners. No financial terms were disclosed.

ecommerce

Germany-based FooBoo, a developer of mobile services for the food industry, has raised an undisclosed amount from High-Tech Gruenderfonds and Media Ventures.

Mobile content/apps

Spain-based Cabify, which provides an app for ordering on-demand high-end car service, has raised $4 million in a round of funding from Seaya Ventures and Black Vine. The company has now raised a total of $16 million in funding, and plans on using the new capital to expand into Latin America.

Mobile content/apps

Gaiam (NASDAQ:GAIA), a provider of yoga media and accessories, has acquired Yoga Studio, provider of a leading yoga app. The acquisition will allow Gaiam to expand yoga and fitness programming into the digital app market while Yoga Studio expands its reach with access to Gaiam’s customer base. Terms of the deal were not disclosed.

Mobile content/apps, ecommerce

UK.-based KweekWeek, which provides a ticketing and event management platform for hosts that couples with a consumer facing app, has raised $3.3 million in a round of funding from an undisclosed private investor. The company plans to use the new capital for continued product development and to grow its technology and sales teams.

Mobile content/apps, ecommerce

Slyce, a provider of search technology that allows consumers to make purchases the moment they discover them, has acquired Israel-based Pounce, developer of a mobile commerce app and platform, for $5 million in cash and earn-out incentives. The acquisition saves Slyce development time and investment to fast track its B2C strategy.

Mobile content/apps, social media/apps

Migme, which provides a social entertainment services platform, has acquired LoveByte, provider of a couples sharing app. Terms of the deal were not disclosed. The acquisition expands engagement and monetization opportunities for Migme. Lovebyte will continue building out its app and will have access to Migme’s broad user base.

Marketing Technology

Analytics & Targeting

Carson Analytics, which provides integrated commercial analytic solutions for the pharmaceutical and biotechnology industries, has been acquired by BioPharm Communications, a provider of medical communications and marketing services. The acquisition will allow BioPharm to integrate evidence-based insight analytics into its solutions. Terms of the deal were not disclosed.

Search & discovery

Idibon, a provider of unstructured language data analytics, has raised $5.5 million in Series A funding from Altpoint Ventures with participation from Khosla Ventures, Morningside Ventures, Samsung, and Inventec. The company will use the funds to strengthen their global impact.

social technology

U.K.-based Upcast, a provider of a social advertising technology platform, has been acquired by MediaMath, a digital ad buying and optimization firm. The acquisition will provide the MediaMath suite with advanced Facebook and Twitter capabilities. The Upcast brand will be phased out as it integrates with MediaMath’s other products. MediaMath plans to continue acquiring ad-tech companies to add new capabilities to its platform.  Terms of the deal were not disclosed.

Agency & Marketing Services

General agency

Commonground, a digital ad agency focused on multicultural work, has merged with MGSCOMM and Vidal Partnership. The new holding company is minority owned with most of its units having succeeded as multicultural firms. Subsidiaries of the company will continue to operate as separate brands. The company will continue looking for other agencies to acquire. Terms of the deal were not disclosed.

Technology & Communications

Financial Technology

eSignSystems, a provider of lifecycle management for electrically signed documents, has been acquired by DocMagic, a provider of loan document preparation, compliance, and eSign solutions, from WAVE Systems(NASDAQ:WAVX). The acquisition is an addition to DocMagic’s suite of tools for the mortgage industry. Terms of the deal were not disclosed.

Financial Technology

Quantopian, provider of a browser-based algorithmic trading platform, has raised $15 million in Series B funding from Bessemer Venture Partners with participation from Khosla Ventures, Wicklow Capital and Spark Capital. The company plans to use the new capital to improve its product and expand internationally to other tradable markets.

Mobile Infrastructure

Instabridge, which develops an app that provides users with access to a crowd sourced database of Wi-Fi hotspots, has raised $1 million in a round of funding led by European VC Creandum with participation from GP Bullhound.  The new capital will be used for accelerated development of the app.

Software

Security

Mobile security startup Armor5, has been acquired by Digital Guardian, a security software firm. Terms of the deal were not disclosed. The acquisition provides Digital Guardian with mobile and cloud security capabilities. The company recently closed a $20 million round of funding prior to making the acquisition.

Information & Business Services

Corporate Training

Mindtickle, developer of an online learning software program that provides gamification products to train employees and customers, has raised $1.8 million in a round of funding led by Accel Partners. The company will use the new capital to focus on integrating with other sales tools, develop an audio and video capability for sales pitches, and being applying the platform to cover different job types.

IT consulting

Germany-based Arago, a provider of IT automation solutions, has secured an undisclosed amount of growth equity funding from KKR (NYSE:KKR). Reports place the commitment at around $55 million with KKR buying a minority stake.

legal consulting

DTI, a legal process outsourcing company that provides eDiscovery, managed services, and litigation support, has acquired Falcon Discovery, a legal and technology consulting and services firm specializing in discovery and litigation management. Terms of the deal were not disclosed. The acquisition will provide DTI with enhanced project management, consulting, and managed review capabilities.

Market Research

WPP-owned Kantar Media, which provides audience measurement solutions across different media, has acquired the watermarking unit of France-based Civolution, which provides audio watermarking technology across many broadcast channels. The acquisition will build upon Kantar Media’s presence in digital audience measurement. Terms of the deal were not disclosed.


Daily Deal Activity 10/15/14

October 16, 2014

Digital Media/Commerce

Mobile Content/Apps, Social Media/Apps

EverTrue, a company offering a mobile networking platform for alumni, parents, and other communities, has raised $8 million in Series B funding from Bain Capital Ventures. The company will use the new capital to accelerate US expansion.

Mobile Content/Apps

MileIQ, a developer of a mileage-tracking app that helps the “self-directed” workforce to collect substantial deductions and reimbursements, has raised $3 million in a round of funding led by CRV with participation from SV Angel. The company plans on using the new capital to bring the app out of beta testing and hire talent.

Mobile Content/Apps

Urgent.ly, which operates an app that connects motorists with roadside assistance, has raised $1.2 million in a round of funding led by Select Venture Partners with participation from Blu Ventures and CIT GAP Fund. The company will use the funds to concentrate on growth before expanding to new markets.

Social Media/Apps

Brainly, which provides and online social network that allows users to form study groups, has raised $9 million in Series A funding from Runa Capital with participation from Point Nine Capital and General Catalyst Partners. The company plans on using the new capital to expand U.S. operations and open an office in New York.

Digital Advertising

Mobile Marketing

AdNear, which provides a marketing location intelligence platform for advertisers, has raised $19 million in Series B funding led by Telstra with participation from Global Brain Corporation, Canaan Partners, and Sequoia Capital. The company plans to use the capital to expand in the Asia Pacific region and grow their team.

Mobile Marketing

Wilshire Axon Sports, which develops mobile fan engagement solutions, has raised $2 million in Series A funding led by Mosaik Partners with participation from KGC Capital and Albrekca LLC. The new capital will help the company expand its sales and marketing efforts while accelerating product development.

Online Lead Generation

Tongal, which provides a video content and social platform that connects professionals with brands and causes that need their work, has raised $5 million in Series C funding from Insight Venture Partners. The company plans on using the capital to build out its global creative community.

Marketing Technology

Analytics & Targeting

Anametrix, which provides a cloud-based multichannel marketing analytics platform, has been acquired by Ensighten, a provider of multichannel data and tag management platform. Terms of the deal were not disclosed. The acquisition will help Ensighten to develop an open analytics and marketing platform.

Analytics & Targeting

Data Intensity, an application and cloud-services tech firm for Oracle technologies, has acquired Clear Measures, which provides big data and analytics services. Terms of the deal were not disclosed. The acquisition substantially increases the Data Intensity’s client base, and the company now looks to hire sales and marketing talent.

Analytics & TargetinG, BI Tools

Viewics, which provides a business intelligence and analytics platform for healthcare organizations, has raised $8 million in a round of funding from Canvas Venture Fund. The company will use the capital to fuel growth and innovation.

Mobile Technology

Creative Mobile Technologies, a provider of integrated taxi technology, has acquired Canada-based Mobile Knowledge, which also develops and provides integrated technology for the taxi and “for-Hire-Vehicle” industry. Terms of the deal were not disclosed. The strategic acquisition will see Mobile Knowledge operate under the Creative Mobile Corporate Network.

Search & Discovery

Wit.ai, a natural language company that helps developers build speech interfaces for their apps or devices, has raised $3 million in a round of funding led by Andreessen Horowitz with participation from Ignition Partners, NEA, A-Grade, SV Angel, Alven Capital, and TenOneTen.  The company will use the new capital to back product development and growth.

Social Technology

Geofeedia, which provides location-based social media monitoring for government organizations, has raised $3.5 million in Series A funding led by Hyde Park Ventures with participation from Blue Vista Ventures and Glade Brook Capital Partners. The company plans on using the funding to grow its team and further develop infrastructure.

Social Technology

Social content management software provider Thismoment, has raised $17.6 million in Series D funding led by Trident Capital with participation from Sierra Ventures and UMC Capital. The company will use the financing to expand operations in the US and establish new offices internationally.

Social Technology

Welltok, which designs and develops technology that applies social media and social analytics to the healthcare industry, has raised $25 million in a round of funding from Bessemer Ventures Partners. Welltok plans to raise an additional $12 million by the end of the year.

Agency & Marketing Services

Digital Agency

Digital agency 3|Share, which provides implementation for digital marketing solutions and operates as a partner in Adobe’s Business Level Plus Solutions, has been acquired by Publicis Groupe (ENXTPA:PUB). The company will operate as part of DigitasLBi. The acquisition follows the announcement of a partnership between Publicis and Adobe to develop and deliver the Publicis Groupe Always-On Platform. Terms of the deal were not disclosed.

Traditional Media

Broadcast Television

RTM Productions, a producer of automotive television programs, has been acquired by Raycom Media, a provider of television broadcasting and entertainment productions. Terms of the deal were not disclosed. RMT will operate as a new division of Raycom.

Technology & Communications

Big data technology

Nara Logics, which maintains a web-scale recommendation engine that aggregates, analyzes, and re-indexes big data, has raised $6 million in Series A funding from .406 Ventures. The company will use the capital to focus on product development.

Cloud Computing Technology

Blue Box, which provides cloud hosting and managed application hosting for infrastructure solutions, has received $10 million in Series B funding from an undisclosed investor. The company plans on doubling its staff within the next year.

Software

Financial

H3 Financial Services, a provider of a patient financing software suite for the dental and veterinary markets, has received an undisclosed amount of Series A funding from Connexus Equity Management. Additionally, Connexus will provide near term strategic advisory services for H3.

HR

MD On-Line, a provider of web-based claims submission solutions, has been acquired by Ability Networks, a provider of workflow solutions for healthcare administration. Terms of the deal were not disclosed.

HR

Japan-based Shufti, which offers job listing services for projects such as data entry, taking surveys, writing reviews, and transcribing audio, has raised $5.8 million in equity crowdfunding from Nissay Capital and Minnano Wedding.  The company plans to use the funds to grow their team and focus on development and management.

Information & Business Services

Staffing

Australia-based Neumann, an executive search and leadership consulting firm, has been acquired by CTPartners Executive Search (NYSE MKT:CTP). Terms of the deal were not disclosed. The transaction is consistent with CTPartners’ strategy to expand internationally.

Staffing, Legal Software

eTera Consulting, which provides data and technology management, has acquired Discovery Services, a provider of managed review and legal staffing solutions. Terms of the deal were not disclosed.


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