South Korea-based creative arts crowdfunding platform Tumblbug has raised $16 million in Series A funding from DCM, Strong Ventures, and Naver. The company will use the new round of funding for building out the capabilities of its musician discovery platform.
Southern-themed online marketplace operator Bourbon & Boots has been acquired by XCelerate Capital. The acquisition will allow Bourbon & Boots to expand headcount while focusing on merchandising and digital marketing efforts. Terms of the deal were not disclosed.
Group video reactions app Gather has raised $1 million in a round of funding from Greylock Partners and FLOODGATE. The company will use the new round of funding for developing traction in an overcrowded market.
UK-based mobile concierge service app developer GuestU has raised $1.1 million in a round of funding from Portugal Ventures. The company will use the new round of funding for investing in product development while increasing its global customer base.
Local commerce mobile messaging app Lookup has raised $3 million in Series A funding from private investors. The company will use the new round of funding for interface development while focusing on marketing initiatives.
Enterprise health benefits social network and platform Jiff has raised $23.3 million in Series C funding led by Rosemark Capital with participation from GE Ventures, Venrock, Aberdare Partners, and Aeris Capital. The company will use the new round of funding for growing operations.
Advertising technology platform developer edo Interactive has raised $20 million in Series E funding from VantagePoint Capital Partners and Baird Capital. The company will use the new round of funding for developing its technology and product roadmap while expanding sales, marketing, and business development initiatives.
Text-to-video startup Wibbitz has raised $8 million in Series B funding led by NantMobile with participation from Horizon Ventures, lool Ventures, Initial Capital, and Kima Ventures. The company will use the new round of funding for expanding into the US market by increasing it business development, sales, marketing, and editorial teams.
analytics & Targeting
On-demand subscription billing and financial services platform developer Zuora has acquired customer usage analytics provider Frontleaf. The acquisition enhances Zuora’s subscriber experience analytics and data solutions. Terms of the deal were not disclosed.
analytics & Targeting, healthcare
Comprehensive risk analytics provider Metabiota has raised $30 million in a round of funding led by RSTP with participation from WP Global Partners, Capricorn Health & Special Opportunities, WP Global Partners, Industry Ventures, and Data Collective. The company will use the funding for developing its epidemic risk management solution.
Digital advertising technology company Magnetic has merged with MyBuys, a provider of multi-channel marketing and personalization solutions. The combined will have estimated revenue of $100 million. In addition to the merger, Magnetic has raised $25 million in equity funding led by Edison Partners with participation from CRV, Orix Ventures, and private investors. The company will use the new funding for product development initiatives.
Tugboat Yards, a provider of tools for publishers that allow fans to make contributions in exchange for subscriptions or services, has been acquired by Facebook. The acquisition bolsters Facebook’s audience management platform for small publishers. Terms of the deal were not disclosed.
SaaS-based customer intelligence company Clarabridge has acquired Belgium-based competitor Engagor. The acquisition increases Clarabridge’s client list and compliments its customer engagement tools as the company begins expansion into Europe. Terms of the deal were not disclosed.
search & Discovery
Maana, a developer of search engine technology for big-data-fueled solutions, has raised $11 million in a round of funding from Chevron Technology Ventures, ConocoPhillips Technology Ventures, Frost Data Capital, GE Ventures, and Intel Capital. The company has raised $14 million to date and will use the new round of funding for meeting increased demand.
Agency & Marketing Services
Search engine marketing company Realsearch Marketing has been acquired by commerce agency WPromote. The acquisition broadens WPromote’s eCommerce client base while bolstering its online marketing talent. Terms of the deal were not disclosed.
Red Mist Media, a provider of online media services for the energy industry, has been acquired by AVC Media. The acquisition increases AVS Media’s services and client portfolio in the energy sector. Terms of the deal were not disclosed.
Digital ad agency and technology consultancy Rightpoint has raised $55 million in equity funding from Stella Point Capital. The company will use the new funding for geographic expansion, growing its capabilities in the areas digital marketing and CRM, and pursuing future acquisitions.
Black Duck Software, a developer of logistics solutions for enabling secure open source code management, has raised $5 million in a round of funding from Siemens. The company will use the new round of funding for commercializing its product offering.
Video conference company Fuze has acquired online team collaboration platform developer LiveMinutes. The acquisition bolsters Fuze’s online meeting capabilities with file sharing, project organization, and a web-based dashboard solutions. Terms of the deal were not disclosed.
Insurance product services distributor AmWINS Group has acquired Impact Interactive, developer of an employee benefit enrollment systems and dependent eligibility audit services. The acquisition strengthens AmWINS Group’s worksite marketing technology position as the company builds out improved enrollment and communications technology. Terms of the deal were not disclosed.
Germany-based softgarden, a provider of e-recruiting solutions, has raised $3.3 million in a round of funding from Cipio Partners and Neuhaus Partners. The company will use the new round of funding for accelerating the expansion of its internal sales team through increased partnerships.
China-based cyber security firm FraudMetric has raised $30 million in Series B funding from Qiming Venture Partners with participation from IDG Capital Partners and Linear Ventures. The company has raised $40 million to date and will use the new round of funding for expanding the capabilities of its product.
Elbit Systems (Nasdaq:ESLT) will acquire the cyber and intelligence division of NICE Systems (Nasdaq:NICE) for $118 million. The acquisition increases Elbit’s portfolio of law enforcement agency and intelligence tools as looks to NICE Systems shift strategy.
software development tools
Finland-based Bitbar Technologies, developer of a mobile development and testing service, has raised an undisclosed amount of funding led by Inventure with participation from Qualcomm Ventures, DFJ Espirit, Creathor, and Avera. The company will use the funding for expanding into a larger developer-driven market.
software development tools
Enterprise A/B testing platform Taplytics has raised $2.4 million in a round of funding from private investors. The company will use the new round of funding for expanding headcount while focusing on product development initiatives.
it consulting/systems integration
Charlesbank Capital Partners and M/C Partners has acquired the IT infrastructure management business of Acxiom (Nasdaq:ACXM) for $190 million. The acquisition allows Acxiom to focus on its marketing and data service business as the company shifts strategic direction.