December 2, 2016 Leave a comment
Home buying and selling marketplace Opendoor has raised $210 million at a reported valuation of more than $1 billion in a round of funding led by Norwest Venture Partners with participation from New Enterprise Associates, Khosla Ventures, and GGV Capital. The company has raised $320 million to date.
Peru-based movie ticketing platform Cinepapaya has been acquired by Fandango. The acquisition will provide Fandango with an expanded presence within in South America. Terms of the deal were not disclosed.
Online beauty company Glossier has raised $24 million in a round of funding led by Institutional Venture Partners with participation from Index Ventures. The company will use the new round of funding for expanding operations.
UK-based online second-hand books retailer World of Books has been acquired by Bridges Ventures for $16.4 million. The acquisition provides World of Books with the resources for expanding its presence within Europe. Financial information was not disclosed.
niche content, social media/apps
Online tech products discovery platform and community Product Hunt has been acquired by investment syndication platform AngelList for $20 million. The acquisition provides AngelList with expanded tech company fundraising capabilities. Financial information was not disclosed.
Lip-syncing video app Dubsmash has raised $9.6 million in Series B funding led by Sunstone Capital with participation from Index Ventures, Eniac Venture, Balderton Capital, and Lowercase Capital. The company will use the new round of funding for hiring talent.
Instagram image recognition app Geenee has raised $4.4 million in Series A funding from Highlight Communications, Constantin Media, and private investors. The company will use the new round of funding for expanding headcount.
Audience targeting platform Appier has raised $19.5 million in additional Series B funding from Pavilion Capital. The company will use the new round of funding for expanding marketing and research and development initiatives. The additional capital brings Appier’s Series B total to $42.5 million.
Madison Logic, the leading global provider of data-driven, account-based marketing, has been acquired by Clarion Capital Partners. The acquisition provides Madison Logic with the resources for expanding headcount and geographic operations while continuing to build out the capabilities of its Activate ABM platform. Terms of the deal were not disclosed. (A Petsky Prunier-led transaction)
analytics & targeting
Bot-specific analytics company Dashbot has raised 2 million in a round of funding led by ff Venture Partners with participation from Bessemer Venture Partners, Scrum Ventures, and Bertelsmann Digital Media Investments. The company will use the funding for expanding marketing efforts.
analytics & targeting, database/analytics
Life sciences-focused analytics and marketing automation company The Encima Group has been acquired by healthcare solutions company Indegene for a reported $16 million. The acquisition provides Indegene with an expanded presence in North America. (Confidentially: The transaction values Encima Group at approximately 1.0x LTM revenue and 13.0x LTM EBITDA.
analytics & targeting
Audience behavior analytics company Get Smart Content has raised $1.8 million in a round of funding from Virgo Capital and Origin Ventures. The company will use the new round of funding for expanding operations.
UK-based Appsumer, developer of a user acquisition intelligence platform for apps, has raised $1 million in a round of funding from Galvanize Capital. The company will use the new round of funding for hiring talent.
Risk and compliance automation platform LogicGate has raised $1.9 million in a round of funding from Chicago Ventures, OCA Ventures, Hyde Park Venture Partners, and Techstars Ventures. The company will use the new round of funding for product development initiatives.
Sales performance platform Qstream has raised $15 million in Series B funding led by Polaris Partners with participation from Frontline Ventures and Excel Venture Management. The company will use the new round of funding for expanding its presence in the US.
agency & marketing services
Advertising agency Osborn & Barr Communications has acquired digital agency Paramore Digital. The acquisition provides Osborn & Barr with an expanded geographic presence. Terms of the deal were not disclosed.
Canada-based public relations firm North Strategic has been acquired by Publicis. The acquisition will see North Strategic integrated MSLGROUP as part of Publicis Communications’ Canada division. Terms of the deal were not disclosed.
Sky News’ Australia-based operations will be acquired by News Corp Australia. The acquisition provides News Corp with expanded content offerings in Australia and New Zealand. Terms of the deal were not disclosed.
Micro Focus-owned Linux distributor SUSE has acquired the OpenStack and Cloud Factory assets of HPE. The acquisition coincides with HPE’s software business spin-off strategy. Terms of the deal were not disclosed.
Real estate closing software developer JetClosing has raised $2.3 million in a round of funding led by Trilogy Equity Partners with participation from Maveron. The company will use the new round of funding for product development.
Employee training platform WorkRamp has raised $1.8 million in a round of funding led by Susa Ventures with participation from Liquid 2 Ventures and Initialized Capital. The company will use the new round of funding for expanding operations.
infrastructure, application management
Austria-based application monitoring and infrastructure processing solutions company Automic Software will be acquired by CA Technologies (Nasdaq:CA) from EQT for $636 million. The acquisition will provide CA with complementary digital transformation offerings. Financial information was not disclosed.
Germany-based printing company Onlineprinters has raised an undisclosed amount of funding from Project A Ventures. The company will use the new round of funding for building out its presence internationally.