Daily Deal Activity 07/19/13

Digital Media/Commerce

classifieds/auctions/p-to-p

Used home-furnishings marketplace Chairish, has raised a $3.2 million seed round from Azure Capital Partners and O’Reilly AlphaTech Ventures. The company’s marketplace enables people to sell used home goods online, and handles all the logistics and payments for its users.

ecommerce

China-based Zhejiang Zhencheng Pharmaceutical Online, which operates a Website that offers pharmaceutical product distribution, has sold an unknown equity stake for $14.6 million to China-based Sinopharm Capital, a private equity firm specializing in investments in pharmaceuticals, biotechnology, and medical devices.

ecommerce

Quarterly, a subscription service that enables people to receive physical items in the mail from influential contributors of their choice, has raised $1 million in funding led by True Ventures, with participation from insider Collaborative Fund and new investor VegasTechFund. This follows a $1.25 million Series A round the company announced in July 2012.

ecommerce

Germany-based BonaYou, which provides social gifting services through which users can gift vouchers and real or virtual pre-paid Mastercard, has raised an undisclosed amount of funding from Redalpine Venture Partners.

mobile content/apps, social media/apps

Yapert, a mobile entertainment network for fans to engage with musicians, celebrities, athletes, fitness stars, designers, and more, has raised $1.2 million in funding led by new investor Tech Coast Angels. The round included participation from new investors Desert Angels, Pasadena Angels, and other individual investors. The company has raised $1.7 million in funding to date.

social media/apps

MONOCO, which operates a cross-border social commerce platform, has raised an undisclosed amount of funding from venture capital firm Global Brain. The transaction included participation from KDDI Open Innovation Fund.

Digital Advertising

local search

Czech Republic-based DALTEN Media, which owns and operates an online real estate advertising portal, has been acquired for an undisclosed amount by Czech Republic-based Centrum.cz Holdings, an Internet media company operating in the Central and Eastern European region. Terms were not disclosed.

Marketing Technology

ad serving

ThoughtLeadr, which provides a native advertising platform supporting a wide variety of advertising formats on a network of publisher sites, was acquired by Chaotic Moon Studios, a software and mobile development firm that creates applications various brands. Terms were not disclosed.

analytics/reporting

China-based Ztelic, a social data analysis startup, has been acquired by Yahoo (NasdaqGS:YHOO) for an undisclosed amount. The company offers services such as social-network-based hiring, online network management, and third-party data analysis, covering a full range of information aggregation and personality development.

content delivery network

EdgeCast Networks, a provider of a media content delivery network, has raised $54 million in funding led by Performance Equity Management, with contributions from earlier investors Menlo Ventures and Steamboat Ventures. The company has reached an annual run rate of $100 million and has been profitable for four years. It claims 6,000 customer accounts – including Twitter, Pinterest, Sony, and Hulu – and has previously received $20 million in funding.

content management

Kapost (dba Daily Inches), a content marketing software provider also offering a content marketing platform, has raised $5.6 million in Series C funding from new investors Floodgate and Lead Edge Capital, with participation from existing investor High Country Venture. The company claims profitability and has more than 100 customers including AT&T, General Mills, Intel, and Oracle. Kapost has now raised $8.2 million in outside funding, including a $2.5 million Series B round announced in early 2012.

mobile technology

Mobile marketing technology and services firm WDA, has been acquired by digital marketing and data management software provider [x+1]. This acquisition will allow [x+1] to integrate WDA’s technology and media sources into the [x+1] Origin data management platform. WDA’s technology suite includes real-time bidding, developer SDKs for app marketing, and rich decision-support system for marketers. Terms were not disclosed.

online targeting/optimization

Canada-based AcuityAds, which provides a suite of software for online advertising including a real-time bidding exchange, has raised $2.9 million in debt funding from Canada-based venture firm BEST Funds. The will reportedly be using the financing to accelerate sales.

Traditional Media

consumer magazine publishing, niche content

Touring & Tasting Marketing and Media, a leader in wine tourism, has sold a majority equity stake to Foley Family Wines. Terms of the deal were not disclosed. Touring & Tasting’s assets include the national magazine Touring & Tasting, touringandtasting.com, the Wine Country Video Channel, a wine country concierge service, and a luxury Wine Festival at Sea cruise program. The company is also a backer of a number of wine tourism events.

newspaper publishing

The Press of Atlantic City will be sold to Warren Buffett’s BH Media Group. The Press of Atlantic City is a 67,000 daily and 77,000 Sunday circulation newspaper that serves Atlantic, Cape May, Cumberland, and Ocean counties. The newspaper’s Web site, pressofAtlanticCity.com, reaches 700,000 unique visitors each month. Terms were not disclosed.

Technology & Communications

financial technology, mobile technology

Dash Software, which delivers an app that enables bar and restaurant patrons to pay bills securely via their mobile devices, has raised $0.7 million in seed funding from Brooklyn Incubator, Caerus Ventures and members of New York Angels.

website creation/hosting

UK-based Host Europe WVS, an Internet hosting company, has been acquired for $668 million by private equity firm Cinven, from Montagu Private Equity. The range of services provided by the group includes enterprise hosting, managed dedicated servers, shared virtual server hosting, server co-location, domain name registration, and a range of eServices primarily to the small to medium sized enterprises.

Software

application management

MxHero, the developer of a suite of business email management applications, has closed a $1.25 million seed round from investors including White Star Capital, with participation from a number of individual investors. Each of the company’s applications/plug-ins add specific functionality to users’ email, including increased storage, privacy and protection, reporting, and tracking.

credit/risk management

Austria-based SVENSON, which offers a regulatory reporting software suite for financial institutions, is being acquired for an undisclosed amount by Wolters Kluwer Financial Services, a provider of comprehensive compliance, risk management, finance, and audit solutions for the financial services industry. The acquisition will enable the combined company to help banks and insurance companies in Austria meet increasingly challenging national and international regulatory requirements.

data management, big data

Akiban Technologies, which designs and develops operational database systems, has been acquired by database storage software provider FoundationDB. Among Akiban Technologies’ solutions is Akiban Enterprise, a solutions that enable companies to meet their mobile, big data, and real-time reporting demands on operational systems. Terms were not disclosed.

data management

Canada-based Locationary, which operates a local business listings data management platform designed to fix or fill in out-of-date or missing information for companies that distribute business profile content to others, has been acquired by Apple (NasdaqGS:AAPL). Locationary is backed by Extreme Venture Partners and Plazacorp Ventures.

data management

VelociData, a provider of engineered solutions for data transformation and data quality, has raised $10 million in financing led by Former Motorola CEO Christopher Galvin, with participation from return backers Bush O’Donnell and NewSpring Growth Capital.

erp

ComOps has entered into an agreement with Markinson Software Solutions to sell its Korellus Enterprise Resource Planning business operations and assets. Korellus ERP provides enterprise resource planning, point-of-sale, field automation, business process management and business intelligence solutions. Terms were not disclosed.

financial

UK-based IntelliFlo, a SaaS company serving the financial services sector, has sold a majority equity stake for an undisclosed amount to HgCapital. The company offers solutions specifically designed for financial advisors, protection and mortgage brokers, network providers, service providers, and enterprises.

hr

Objective Logistics, a provider of employee-performance software, has raised $5.3 million in Series A funding led by Atlas Venture, joined by Google Ventures and NextView Ventures. The company’s software gamifies sales, ranking salespeople on a leader board based on sales performance and enabling them to receive choices of shifts or other prizes. The company previously raised $1.5 million in its funding round.

hr

Sweden-based Aditro, which provides HR and financial management solutions, was acquired by R12 Kapital, from Nordic Capital and Volvo Group Venture Capital. While terms were not disclosed, Aditro reported revenues of $223.8 million and operating profits of $24 million in 2012.

security

Spain-based identity-as-a-service platform PasswordBank, was acquired for €19 million ($24.5 million), by Symantec (NasdaqGS:SYMC). PasswordBank had raised approximately $3.5 million in funding from the Inveready Technology Investment Group and individual angels.

Information & Business Services

financial information

Discovery Data, a provider of data on firms and professionals for companies in the financial services industry, has been acquired by Ipreo, a provider of data, market intelligence, and productivity solutions to capital markets and corporate professionals. The combination of the two companies will result in a more robust dataset of firms and individuals covering both the retail and institutional markets. Terms of the deal were not disclosed.

credit/risk management information

Bank of America (NYSE:BAC) has agreed to sell its flood zone determination and tax processing services assets and operating platforms to CoreLogic (NYSE:CLGX). Bank of America’s flood zone determination and tax servicing operations will be integrated in CoreLogic’s existing flood and tax servicing business units and the combined financial results will be reported within the Company’s Mortgage Origination Services segment. Terms of the deal were not disclosed.

training

Informa agreed to divest its interest from its five corporate training businesses after signing an agreement with Providence Equity Partners. The total consideration for the sale amounted to $180 million. According to the agreement, $100 million in cash and $65 million in vendor loan will be included in the initial consideration. An additional $15 million will be paid to Informa in 2014 provided certain revenue targets are met this year. As of December 2012, the five corporate training businesses were able to generate sales for information in the amount of $194 million and adjusted EBITA of $23.5 million.

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