July 22, 2016 Leave a comment
Online warehouse space marketplace Flexe has raised $14.3 million in Series A funding from Redpoint Ventures. The company will use the new round of funding for expanding operations and building out fulfillment functionality.
China-based online parenting portal and eCommerce platform Babytree has raised $450 million in a round of funding from Matrix Partners and Qian He Capital Management. The company will use the new round of funding for expanding its presence internationally.
Online food ordering and delivery platform iFood has raised $30 million in a round of funding from Just Eat and Movile. The company will use the new round of funding for expanding operations within Latin America.
Video streaming social media platform Baobao has raised $15 million in a round of funding from Meridian Capital, Tencent, GGV Capital and Shunwei Capital. The company will use the funding for expanding its user base.
Travel photography community and app developer Trover has been acquired by Expedia. The acquisition provides Expedia with content and social experience sharing capabilities. Terms of the deal were not disclosed.
analytics & targeting
Japan-based mobile apps analytics company Fuller has raised $4 million in a round of funding from Voyage Ventures, Global Catalyst Partners, and Sega Games. The company will use the funding for product development.
content delivery network
Content delivery network developer section.io has raised $1.5 million in a round of funding from Tahoma Ventures. The company will use the new round of funding for expanding its engineering and sales divisions.
content management, social technology
Olapic, a provider of social photo crowdsourcing services to brands, has been acquired by Monotype (Nasdaq:TYPE) for $130 million. The acquisition provides Monotype with expanded brand engagement strategy solutions. Olapic has reported 2015 revenues of $9 million.
Enterprise content management solutions provider Syscom has been acquired by IT consultancy Harris, Mackessy & Brennen. The acquisition provides HMB with expanded business process management offerings. Terms of the deal were not disclosed.
Online review monitoring platform ReviewTrackers has raised $4 million in a round of funding from American Family Ventures. The company will use the new round of funding for focusing on product development efforts.
SaaS-based multichannel callback-platform developer CallPromise has been acquired by callback services provider Virtual Hold Technology. The acquisition will see CallPromise integrated into Virtual Hold’s VHT Cloud offering. Terms of the deal were not disclosed.
Agency & Marketing Services
Influence marketing company SharkReach has acquired promotion and marketing agency Mastermind Involvement Marketing for $16 million. The acquisition provides SharkReach with an expanded client base. Further terms of the deal were not disclosed.
Enterprise-grade cloud services startup Redis Labs has raised $14 million in Series C funding from Bain Capital Ventures and Carmel Ventures. The company will use the new round of funding for expanding sales and marketing efforts.
Project information and collaboration solutions developer Union Square Software has been acquired by Thoma Bravo-owned project-based enterprise software developer Deltek. The acquisition provides Deltek with an expanded presence in the AEC industry. Terms of the deal were not disclosed.
Quote data distribution platform Insurance Initiatives has been acquired by LexisNexis Risk Solutions. The acquisition provides LexisNexis with expanded data analytics capabilities for Motor and Property insurers. Terms of the deal were not disclosed.
Fleet management platform BestMile has raised $2.5 million in a round of funding from private investors. The company will use the new round of funding for marketing and research and development initiatives.
Third-party logistics and warehouse management software developer 3PL Central has acquired cloud-based inventory control software developer Tracker Systems. The acquisition provides 3PL with expanded cloud offerings. Terms of the deal were not disclosed.
Digital wealth management solutions developer Quantifeed has raised $4.5 million in Series A funding from PGA Venture Partners. The company will use the new round of funding for expanding its presence within the Asia.
Digital health company AristaMD has raised $11 million in Series A funding led by Avalon Ventures with participation from Correlation Ventures. The company will use the funding for building out its Referral Intelligence Platform offering.
Cloud-based health management and data analytics company Wellcentive has been acquired by Philips Group. The acquisition is complementary to Philips’ existing population health management technology. Terms of the deal were not disclosed.
Desktop virtualization and infrastructure management services provider Log’in Consultants has been acquired by Orange. The acquisition will see Log’in integrated into Orange’s Business Services arm. Terms of the deal were not disclosed.
Software engineering services provider Lohika has been acquired by engineering consulting services provider Altran Technologies. The acquisition provides Altran with an expanded geographic presence. Terms of the deal were not disclosed.