Daily Deal Activity 02/23/17

Digital Media/Commerce

ecommerce

Hostmaker, a provider of on-demand property management services for Airbnb hosts, has raised $6.3 million in a round of funding from DN Capital. The company will use the new round of funding for expanding its geographic presence.

ecommerce

Sycamore Partners will acquire the eCommerce business and intellectual property of bankrupt women’s apparel retailer The Limited for a reported $26.8 million. The acquisition will be complementary to Sycamore’s retail portfolio. Financial information was not disclosed.

gaming

Sweden-based online gaming company Kindred Group will acquire UK-based competitor 32Red in a transaction valuing the company at $219 million. 32Red has reported LTM revenues for the period ended June 30th 2016 of $80.4 million and LTM EBITDA of $8.9 million, representing an LTM revenue multiple of 2.9x and an LTM EBITDA multiple of 25.7x.

gaming

Ireland-based gaming studio Black Shamrock has been acquired by video game contractor Virtuos. The acquisition will provide Virtuos with expanded game design and content capabilities. Terms of the deal were not disclosed.

gaming

China-based online games development and publishing company Shinezone has raised $58.2 million in a round of funding from China Fortune Securities, Shanshan Venture Capital, and Nord Engine Capital. The company will use the new round of funding for expanding its presence internationally.

mobile content/apps

Mobile augmented reality tools developer Zappar has raised $3.8 million in a round of funding led by Hargreave Hale with participation from You & Mr Jones. The company will use the new round of funding for expanding marketing initiatives.

social media/apps, niche content

Art enthusiast’s community deviantArt has been acquired by Wix.com in a transaction valuing the company at $36 million. The acquisition will provide deviantArt with expanded web design tools. The acquisition is expected to increase Wix.com’s 2017 revenue outlook by a reported $8 million.

social media/apps

Social peer-to-peer payments app Tilt has been acquired by Airbnb. The acquisition will see Tilt provide Airbnb with complementary trip-booking capabilities as the company looks to expand its travel offerings. Terms of the deal were not disclosed.

digital advertising

ad networks/exchanges

Demand-side platform Turn will be acquired by Singtel-owned digital marketing firm Amobee in a transaction valuing the company at $310 million. Turn has raised more than $152 million to date since 2005. Financial information was not disclosed.

mobile marketing

Location-based marketing services company MomentFeed has raised $16.3 million in a round of funding led by Level Equity with participation from Signia Venture Partners, Draper Nexus, and DFJ Frontier. The company will use the new round of funding for expanding its engineering division.

marketing technology

ad serving

Ad recovery platform Uponit has raised $2.3 million in a round of funding led by Jerusalem Venture Partners with participation from KDC Media Fund. The company will use the new round of funding for expanding its marketing and sales divisions.

social technology, analytics & targeting

Social analytics company LiftMetrix has been acquired by social media management company HootSuite. The acquisition will be complementary to Hootsuite’s existing social media metrics dashboard. Terms of the deal were not disclosed.

agency & Marketing Services

database/analytics

Digital marketing and analytics firm Cornerstone Group of Companies has been acquired by Deloitte. The acquisition will see Cornerstone integrated into Deloitte’s Financial Advisory practice. Terms of the deal were not disclosed.

traditional media

b-to-b media

Online trade publication Street Fight has been acquired by location-based digital marketing solutions company Brandify. The acquisition provides Brandify with an expanded events and research portfolio. Terms of the deal were not disclosed.

Software

cloud computing, data management

Distributed cloud storage provider Storj Labs has raised $3 million in a round of funding from Google Ventures, Qualcomm Ventures, Ionic Security, and Techstars. The company will use the new round of funding for product development.

credit/risk

Driver risk management software developer Vigillo has been acquired by ABRY Partners-baked SambaSafety. The acquisition will provide SambaSafety with expanded motor carrier safety measure performance offerings. Terms of the deal were not disclosed.

data management

Enterprise document design company Eclipse Corporation has acquired document presentation and delivery software developer OF Software. The acquisition provides Eclipse with an expanded presence in the education and finance verticals. Terms of the deal were not disclosed.

engineering

Energy resource management solution developer Enbala Power Networks has raised $12 million in Series B funding led by ABB Technology Ventures with participation from GE Ventures, National Grid, and Obvious Ventures. The company will use the new round of funding product development efforts.

engineering

Mercatus, a developer of cloud software for managing energy development projects, has raised $16.8 million in a round of funding from TPG ART. The company will use the new round of funding for launching its Asset Management Solution offering.

erp

Aptean will acquire the irms|360 Enterprise Solutions cloud warehouse and asset management division of Upp Technology. The acquisition will provide Aptean with expanded data security and accessibility offerings. Terms of the deal were not disclosed.

hr

License compliance tool Fossa has raised $2.2 million in a round of funding led by Bain Capital Ventures with participation from private investors. The company will use the new round of funding for hiring talent.

hr

SaaS-based talent management solutions developer Halogen Software has been acquired by Saba Software in a transaction valuing the company at $175 million. Halogen LTM revenues for the period ended September 30th 2016 of $70.7 million and LTM EBITDA of $3.3 million, representing a LTM revenue multiple of 2.5x and an LTM EBITDA multiple of 53.3x.

infrastructure

Enterprise DNS and network infrastructure solutions company BlueCat Networks has been acquired by Madison Dearborn Partners. The acquisition will provide BlueCat with the resources for product development initiatives. Terms of the deal were not disclosed.

infrastructure

Nymbus, developer of a core processing platform for financial institutions, has raised $16 million in a round of funding from Home Credit Group. The company will use the new round of funding for expanding its presence internationally.

security

Consumer data security company Privacy Labs has raised $4 million in a round of funding led by Initialized Capital with participation from Liquid 2 Ventures, Crunchfund, and Fuel Capital. The company will use the new round of funding for product development efforts.

information

credit/risk information, mobile content/apps

Mobile credit scoring company Tala has raised $30 million in Series B funding led by IVP with participation from Ribbit Capital, Lowercase Capital, Data Collective, and Collaborative Fund. The company will use the new round of funding for expanding headcount.

business services

Training

Systems integrator New Signature has acquired Microsoft partner and managed services provider Paradigm Systems. The acquisition will provide New Signature with an expanded geographic presence. Terms of the deal were not disclosed.

Daily Deal Activity 02/22/17

Digital Media/Commerce

digital marketplace

Japan-based online auctions site Zawatt has been acquired by online resale marketplace platform Mercari. The acquisition coincides with Mercari’s C-to-C portfolio expansion strategy. Terms of the deal were not disclosed.

ecommerce

China-based online do-it-yourself robotics kits company Makeblock has raised $29 million at a reported valuation of $200 million from Sequoia Capital. The company will use the new round of funding for expanding its presence internationally.

social media/apps

Outdoor enthusiast’s community Outdoor Project has raised $2 million in a round of funding from private investors. The company will use the round of funding for expanding its content offering within new geographic areas.

digital advertising

mobile marketing

Mobile app management and advertising services company Maple Media has raised $30 million in a round of funding from Shamrock Capital. The company will use the new round of funding for expanding headcount.

online lead generation

Insurance marketplace EverQuote has raised $13 million in a round of funding from SecondAlpha and Link Ventures. The company will use the new round of funding for expanding its insurance partners network.

marketing technology

commerce management

UK-based online shopping cart solutions company Adimo has raised $1.2 million in a round of funding from Scottish Investment Bank, ESM Investments, and Galvanise Capital. The company will use the new round of funding for expanding its presence internationally.

email/messaging software

Email integration solutions company Mailgun has spun out of Rackspace and raised $50 million in a round of funding led by Turn/River Capital with participation from Scaleworks and Rackspace. The company will use the new round of funding for expanding operations.

mobile technology

Banuba, a developer of augmented reality technologies for mobile applications, has raised $5 million in a round of funding from Larnabel Ventures. The company will use the new round of funding for product development efforts.

mobile technology, financial software

UK-based point of sale marketing solutions company Ecrebo has raised $14.9 million in a round of funding from Octopus Ventures and private investors. The company will use the new round of funding for hiring talent.

search & discovery

Voysis, a developer of voice-based artificial intelligence solutions, has raised $8 million in a round of funding from Polaris Partners. The company will use the new round of funding for expanding headcount.

sfa/lead management

Canada-based DMT Development Systems, a provider of SaaS-based lead management solutions for automobile manufacturers, has received an undisclosed amount of funding from Sageview Capital. The company will use the investment proceeds for expanding its presence internationally.

agency & Marketing Services

digital agency

Branding and advertising services company Razor Communications has been acquired by BrainWorks Marketing Services. The acquisition provides BrainWorks with an expanded geographic presence. Terms of the deal were not disclosed.

Software

cloud computing

Belgium-based cloud orchestration software company Thinfactory has been acquired by IT products distributor Copaco. The acquisition provides Copaco with an expanded international presence. Terms of the deal were not disclosed.

collaboration

Product roadmap collaboration platform Roadmunk has raised $1.5 million in a round of funding from Golden Venture Partners, Felicis Ventures, and Garage Capital. The company will use the new round of funding for expanding its customer success division.

data management

Open source data analytics company SlamData has raised $6.7 million in Series A funding from Shata Ventures. The company will use the new round of funding for product development initiatives and hiring talent.

engineering

SaaS-based equipment reliability analytics platform Predikto has raised $4 million in a round of funding led by Fidelis Capital with participation from TechOperators. The company will use the new round of funding for expanding its engineering division.

financial

Banking artificial intelligence platform Clinc has raised $6.3 million in a round of funding led by Drive Capital with participation from Hyde Park Ventures Partners and Cahoots Holdings. The company will use the new round of funding for expanding headcount.

financial, crm

Abacus Data Systems has acquired cloud-based CPA solutions company Cloudnine Realtime and Quickbooks customer relationship management solutions provider Results Software. The acquisitions will see both companies integrated into Abacus Next. Terms of the deals were not disclosed.

financial

Value added tax recovery solutions company VATBox has raised $20 million in a round of funding led by Target Global Fund with participation from Viola Private Equity. The company will use the new round of funding for expanding its presence internationally.

hr

Cloud-based human resources and benefits management platform Collage has raised $5 million in a round of funding from Diagram. The company will use the new round of funding for expanding operations internationally.

infrastructure

Containerized applications infrastructure company Diamanti has raised $18 million in Series B funding led by Northgate Capital with participation from CRV,DFJ, Translink, and GSR Ventures. The company will use the new round of funding for expanding sales and marketing efforts.

business services

it consulting

Australia-based IT consulting services provider Myriad IT has been acquired by systems integrator Fusion5. The acquisition will provide Fusion5 with an expanded international presence. Terms of the deal were not disclosed.

it consulting

Government IT firm STG Group will acquire enterprise resource planning and IT services company Preferred Systems Solutions for $119 million. The acquisition will provide STG with an expanded geographic presence. Financial information was not disclosed.

it consulting, bpo

Apollo Global Management-backed document outsourcing managed services provider Novitex will merge with business process solutions and consulting services provider SourceHOV and Quinpario Acquisition Corp. 2 to form a new company called Exela Technologies in a transaction valued at $2.8 billion. Exela Technologies will focus on digital transformation services and will be listed on the Nasdaq. Financial information was not disclosed.

Daily Deal Activity 02/21/17

Digital Media/Commerce

ecommerce

China-based bicycle rental app Mobike has raised an undisclosed amount of Series D funding from Temasek and Hillhouse Capital. The company has so far raised $300 million in 2017 and will use the newest funding for expanding its bicycle fleet.

ecommerce

China-based online dress rental platform Ms Paris has raised $18 million in a round of funding led by Northern Light Venture Capital with participation from Matrix Partners and China Growth Capital. The company will use the new round of funding for hiring talent.

ecommerce

Rental car delivery startup Skurt has raised $10 million in Series A funding led by Upfront Ventures with participation from BMW, Cross Culture Ventures, and Greycroft Partners. The company will use the new round of funding for expanding its geographic presence.

gaming

Online gaming company Chimera Games has been acquired by Momentous Entertainment Group. The acquisition will provide Momentous Entertainment with an expanded gaming portfolio. Terms of the deal were not disclosed.

mobile content/apps

India-based balance management app True Balance has raised $15 million in a round of funding led by SoftBank with participation from IMM Investment. The company will use the new round of funding for expanding its engineering division.

niche content, local search

Travel planning platform Utrip has raised $4 million in a round of funding from Plug and Play Ventures, Tiempo Capital, Acorn Ventures, SWAN Venture Fund, and W&W Capital. The company will use the new round of funding for expanding headcount.

social media/apps

Data collaboration and social network data.world has raised $18.7 million in a round of funding from Chicago Ventures, Fyrfly Venture Partners, Hunt Technology ventures, LiveOak Venture Partners, and Shasta Ventures. The company will use the new round of funding for product development.

digital advertising

vertical search

China-based hotel booking platform Haoqiao has raised $17 million in a round of funding from China Merchants Capital Investment. The company will use the new round of funding for expanding its presence internationally.

marketing technology

analytics & targeting

Predictive sales startup Aviso has raised $8 million in a round of funding from Scale Venture Partners, Next World Capital, and Shasta Ventures. The company will use the new round of funding for expanding its sales and marketing divisions.

analytics & targeting

UK-based TV measurement and optimization platform TVSquared has raised $6.5 million in a round of funding led by West Coast Capital with participation from Scottish Investment Bank. The company will use the new round of funding for expanding operations.

content management

Video delivery solutions provider MobiTV has raised $21 million in a round of funding from Oak Investment Partners and Ally Corporate Finance. The company will use the new round of funding for platform development efforts.

social technology

Media monitoring company Meltwater has acquired UK-based unstructured data and content solutions company Wrapidity. The acquisition will provide Meltwater with expanded data extraction capabilities. Terms of the deal were not disclosed.

teleservices/eservices, search & discovery

Santander InnoVentures has invested in automated customer service solutions startup Personetics and language interpretation solutions company Gridspace. The companies will use the investment proceeds for building out product development efforts.

agency & Marketing Services

digital agency

Accenture will acquire a 62 percent majority stake in Germany-based digital agency SinnerSchrader in a transaction valuing the company at $101 million. The acquisition will see SinnerSchrader integrated into Accenture Interactive. SinnerSchrader has reported LTM revenues for the period ended November 30th 2016 of $54.5 million and LTM EBITDA of $6.1 million, representing an LTM revenue multiple of 1.8x and an LTM EBITDA multiple of 16.6x.

Software

application management

Node.js application monitoring solutions company Keymetrics has raised $2 million in a round of funding from Alven Capital and Runa Capital. The company will use the new round of funding for expanding operations.

credit/risk

Risk management platform PrairieSmarts has been acquired by income planning technology company Covisum. The acquisition provides PrairieSmarts with an expanded risk analytics offering. Terms of the deal were not disclosed.

financial

Loan and leasing enablement platform Cloud Lending Solutions has raised an undisclosed amount of funding from Cota Capital. The company will use the new round of funding for expanding marketing and sales initiatives.

healthcare

Digital health platform ConsejoSano has raised $4.9 million in Series A funding led by 7wire Ventures with participation from Tufts Health Ventures. The company will use the new round of funding for platform development initiatives.

healthcare

Medical practice and patient experience solutions company Medfusion has acquired self-scheduling solutions company NexSched. The acquisition will be complementary to Medfusion’s Patient Experience platform. Terms of the deal were not disclosed.

security

Israel-based facial recognition cybersecurity company Realface has been acquired by Apple for a reported $2 million. The acquisition will be complementary to Apple’s facial recognition software capabilities. Financial information was not disclosed.

software development tools

Spectre Technologies, a provider of software development tools for the financial service industry, has been acquired by Prepaid Financial Services. The acquisition provides Prepaid with expanded eWallet and loading network capabilities. Terms of the deal were not disclosed.

business services

Training, niche content

Digital literacy company myON has been acquired by Francisco Partners from children’s books publisher Capstone. The acquisition will provide myON with the resources for expanding its content library. Terms of the deal were not disclosed.

Daily Deal Activity 02/17/17

Digital Media/Commerce

digital marketplace

Canada-based Luxury Retreats, operator of an online accommodation rental marketplace for high-end properties, has been acquired by Airbnb in a transaction valued between a reported $200 million and $300 million. The acquisition will provide Airbnb with an expanded premium vacation-homes rental network. Financial information was not disclosed.

digital marketplace

Online home sales marketplace Faira has raised $1.2 million in a round of funding from Himel Capital and private investors. The company will use the new round of funding for expanding its geographic presence within the US.

 

ecommerce

UK-based online travel agent Blue Bay Travel has raised $8.1 million in a round of funding from LDC. The company will use the new round of funding for expanding the international presence of its travel network.

ecommerce

Background music company Soundtrack Your Brand has raised $22 million in a round of funding led by Industrifonden and Balderton Capital with participation from Telia Company, Northzone, and Creandum. The company will use the new round of funding for expanding its presence internationally.

ecommerce

Meal kit delivery company Sun Basket has raised $15 million in a round of funding led by Sapphire Ventures with participation from Baseline Ventures, PivotNorth Capital, Accolade Partners, Founders Circle Capital, Shea Ventures, Relevance Ventures, and Vulcan Capital. The company will use the round of funding for opening new distribution centers.

ecommerce

Czech Republic-based event ticketing services provider Ticketpro has been acquired by Ticketmaster Entertainment. The acquisition will provide Ticketmaster with an expanded international presence. Terms of the deal were not disclosed.

social media/apps, gaming

Game recording and replay platform Plays.tv has raised $15 million in Series A funding led by Shasta Ventures with participation from Accel Partners, Tenaya Capital, and DAG Ventures. The company will use the new round of funding for platform development efforts.

social media/apps

Social video stories application developer Wheel has been acquired by Tinder. The acquisition will provide Tinder with expanded video creation and sharing capabilities. Terms of the deal were not disclosed.

marketing technology

bi tools

Business intelligence solutions company Deep Blue Analytics has been acquired by IT consultancy Scintel Technologies. The acquisition provides Scintel with an expanded analytics offering. Terms of the deal were not disclosed.

traditional media

b-to-b media

Paramedic events and expo operator EMS World has been acquired by medical education events company HMP from SouthComm. The acquisition provides HMP with expanded expo portfolio. Terms of the deal were not disclosed.

Software

cloud computing

Cloud computing optimization solutions company YotaScale has raised $3.6 million in a round of funding from Engineering Capital and Pelion Ventures. The company will use the new round of funding for product development efforts.

collaboration, legal

Online collaboration and document sharing company Diligent Corporation has acquired Australia-based collaboration software provider BoardPad and entity and risk management solutions company Blueprint. Terms of the deals were not disclosed.

collaboration

Brand marketing collaboration platform Opal has raised $15.5 million in a round of funding led by Accel Partners with participation from Madrona Venture Group, Seven Peaks Ventures, and MMC Ventures. The company will use the new round of funding for expanding its sales division.

data management

Data governance platform Data3Sixty has been acquired by Thoma Bravo-backed Infogix. The acquisition will provide Infogix with an expanded metadata management solution offering. Terms of the deal were not disclosed.

erp

Supply chain network solutions company HighJump has acquired managed cloud service solutions company RedTail Solutions. The acquisition provides HighJump with an expanded international presence. Terms of the deal were not disclosed.

financial

SMB accounts receivable software developer Satago has been acquired by B-to-B payments network Oxygen Finance. The acquisition will provide Oxygen with an expanded offering for SMB’s. Terms of the deal were not disclosed.

financial

Digital financial services platform provider Telepin Software has been acquired by Constellation Software. The acquisition will see Telepin integrated into Constellation’s Volaris arm. Terms of the deal were not disclosed.

information

credit/risk information

Medical risk assessment solutions provider Healix Risk Rating has been acquired by Verisk Analytics (Nasdaq:VRSK) from Healix International. The acquisition will see Health Risk integrated into Verisk’s property/casualty insurance risk information arm ISO. Terms of the deal were not disclosed.

healthcare information

Medical terminology content and services company Intelligent Medical Objects has received a strategic investment from Ascension Ventures. The company will use the new round of funding for expanding its presence internationally. Terms of the deal were not disclosed.

business services

it consulting

Information security consulting services company Inverse Path has been acquired by Finland-based data protection services company F-Secure. The acquisition provides F-Secure with an expanded international presence. Terms of the deal were not disclosed.

management consulting

Strategy and growth consulting services company Innosight will be acquired by Huron Consulting (Nasdaq:HURN) in a transaction valuing the company at $135 million. Huron will purchase Innosight for $100 million upon closing with up to $35 million in contingent consideration. Financial information was not disclosed.

Daily Deal Activity 02/16/17

Digital Media/Commerce

digital marketplace

UK-based online car buying platform Hellocar has raised $1.2 million in a round of funding from JamJar Investments and private investors. The company will use the new round of funding for expanding headcount and operations.

digital marketplace

Sneaker marketplace StockX has raised $6 million in a round of funding from SV Angel, Detroit Venture Partners, and private investors. The company will use the new round of funding for expanding operations.

digital marketplace

India-based used car marketplace Truebil has raised $3 million in a round of funding from Shunwei Capital. The company will use the new round of funding for expanding its geographic presence internationally.

digital marketplace

Online shipping marketplace uShip has raised $25 million in series D funding from DB Schenker. The company will use the new round of funding for building out its logistics software platform for SMB’s and LTL freight.

ecommerce

Fashion and beauty eCommerce company E-volve Service will be acquired by Italy-based television broadcaster Giglio Group for $5.7 million. The acquisition will provide Giglio with an expanded digital platform. Financial information was not disclosed.

ecommerce

Video game publishing and distribution eCommerce platform Xsolla has raised $30 million in a round of funding from private investors. The company will use the new round of funding for expanding its presence internationally.

mobile content/apps

Ghostery has sold its consumer browser extension and mobile apps division to Germany-based web browser developer Cliqz. The acquisition will be complementary to Cliqz’s desktop browser offering. Terms of the deal were not disclosed.

mobile content/apps

UK-based driving instructor marketplace and app MiDrive has raised $2.5 million in a round of funding from Initial Capital. The company will use the new round of funding for expanding its network of driving instructors.

niche content

Online social scene website CultureMap has been acquired by sports radio broadcaster Gow Media. The acquisition will provide Gow Media with an expanded digital platform. Terms of the deal were not disclosed.

marketing technology

search & discovery

Photograph and social data identification technology developer Mylestone has raised $2.5 million in a round of funding led by True Ventures with participation from Founders Collective and Converge Ventures. The company will use the new round of funding for expanding its engineering division.

agency & Marketing Services

digital agency, it consulting

Cap Gemini has acquired digital strategy and design consultancy Idean and insurance IT services firm TCube Solutions. The acquisition of Idean will strengthen Cap Gemini’s digital capabilities within North America. Terms of the deals were not disclosed.

general agency, digital agency

Goldman Sachs will invest $95 million in exchange for a 15 percent stake in advertising firm MDC Partners. The company will use the investment proceeds for paying down existing debt. As of September 30th 2016, MDC Partners reported total liabilities of $2.1 billion and total assets of $1.6 billion.

marketing consulting

Marketing and point of sale services company Mad Marketing Lab & Advertising has been acquired by TCG Capital. The acquisition will provide Mad Marketing with the resources for expanding its presence internationally. Terms of the deal were not disclosed.

traditional media

entertainment media

Universal Studios Company has acquired a minority stake in film production studio Amblin Partners. The transaction will see Universal provide Amblin with the resources for marketing and distributing new films. Terms of the deal were not disclosed.

Software

cloud computing

Blackstone has acquired a majority stake in cloud computing company Cloudreach. The acquisition will provide Cloudreach with the resources for pursuing potential strategic acquisition opportunities. Terms of the deal were not disclosed.

collaboration

Education communication software developer Brightwheel has raised $10 million in Series A funding led by GGV Capital with participation from Iconiq Capital, Eniac Ventures, Golden Venture Partners, Lowercase Capital, and RRE Ventures. The company will use the new round of funding for expanding headcount.

data management

Data access platform developer Immuta has raised $8 million in Series A funding led by Drive Capital with participation from Greycroft Partners and Conversion Capital. The company will use the new round of funding for expanding operations.

engineering

Industrial Internet of Things solutions company AMI Global has received a growth equity investment from Cimbria Capital. The company will use the investment proceeds for expanding its presence internationally. Terms of the deal were not disclosed.

financial

Denmark-based expense report automation company Pleo has raised $3.3 million in a round of funding led by Creandum with participation from Founders.VC. The company will use the new round of funding for expanding its engineering division.

financial

Germany-based SaaS-based banking platform SolarisBank has raised $32 million in a round of funding from Index Ventures. The company will use the new round of funding for expanding marketing and sales initiatives.

security

Japan-based Internet of Things cybersecurity startup Trillium has raised an undisclosed amount of funding from Global Brain, Mizuho Capital, and DBJ Capital. The company will use the new round of funding for expanding its presence within the US.

software development tools

Financial desktop applications operating layer OpenFin has raised $15 million in Series B funding from Bain Capital Ventures, DRW Venture Capital, J.P. Morgan, NEX Group, Nyca Partners, and Pivot Investment Partners. The company will use the new round of funding for expanding operations.

virtualization

Cloud native communications company Metaswitch has acquired mobile service enablement and virtualized networks provider OpenCloud. The acquisition provides Metaswitch with an expanded customer base. Terms of the deal were not disclosed.

information

product/price information

Flight information company OAG has been acquired by Vitruvian Partners from Epiris-backed AXIO Group in a transaction valuing the company at a reported $215 million. The acquisition will provide OAG with the resources for expanding its geographic presence. Financial information was not disclosed.

business services

it consulting

Queue management startup Sminq has acquired CodePandora, a provider of user experience software development services. The acquisition provides Sminq with an expanded software platform. Terms of the deal were not disclosed.