April 29, 2016 Leave a comment
France-base peer-to-peer car rental platform Drivy has raised $35.2 million in a round of funding from Cathay Innovation, Nokia Growth Partners, Bpifrance, and Index Ventures. The company will use the funding for expanding its presence throughout Europe.
Germany-based Savedo, operator of a marketplace for financial investments, has raised $5.6 million in a round of funding from Xange, FinLeap, Kreos Capital, and Point Nine Capital. The company will use the funding for expanding internationally.
social media/apps, niche content
Odyseey, developer of a social content platform for millennials, has raised $25 million in a round of funding from private investors. The company has raised $32 million to date and will use the new round of funding for scaling operations.
Personalized weather app Poncho has raised $2 million in a round of funding led by Lerer Hippeau Ventures with participation from Greycroft Partners, Comcast Ventures, Venture51 Capital Partners, and RRE Ventures. The company will use the funding for building out its chatbot interface.
UK-based vacation rental services provider HouseTrip has been acquired by TripAdvisor. The acquisition will see HouseTrip integrated into TripAdvisor’s Vacation Rentals group as the company looks to add provide expanded urban destination rental offerings. Terms of the deal were not disclosed.
Cloud analytics and cost optimization platform Cloudamize has raised $1 million in a round of funding from MissionOG and DreamIt Ventures. The company will use the funding for expanding sales, marketing, and product development efforts.
Finland-based Digital Foodie, developer of a platform that enables grocers to provide on-demand solutions, has raised an undisclosed amount of funding from Black Dragon Capital. The company will use the funding for expanding its presence in the US.
crm, bi tools
Xola, a developer of booking and marketing software for the tours and activities market, has raised $5 million in Series A funding from Rakuten. The company will use the new round of funding for expanding its presence internationally.
Market research and polling services provider Critical Insights will be acquired by competitor Digital Research. The acquisition provides Digital Research with an expanded presence in the healthcare and public policy sectors. Terms of the deal were not disclosed.
NBCUniversal will acquire DreamWorks Animation in a transaction valued at a reported $3.8 billion. The offer price of $41 per DreamWorks share represents a more than 50 premium to the company’s April 26th closing price. DreamWorks has reported 2015 revenues of $915 million and EBITDA of $97 million.
Database performance monitoring platform VividCortex has raised $4.5 million in a round of funding led by New Enterprise Associates with participation from Battery Ventures. The company will use the funding for product development and sales initiatives.
Textura (NYSE:TXTR), a developer of collaboration and payment management solutions for the construction industry, will be acquired by Oracle for $663 million. The acquisition of $26 per Textura share represents a 30.7 percent premium over the company’s April 27th closing price. Textura has reported 2015 revenues of $87 million.
Patient care and data insights platform developer Gyrus Labs has been acquired by big data health analytics company CloudMedx. The acquisition will see Gyrus integrated into CloudMedx’s Analytics Platform. Terms of the deal were not disclosed.
Enterprise staffing software developer Erecruit has raised $10 million in a round of funding from North Bridge Growth Equity. The company will use the funding for customer experience, product development, and sales initiatives.
Infrastructure cost reduction technology developer Levyx has raised $5.4 million in Series A funding led by OCA Ventures with participation from Amino Capital. The company will use the funding for expanding its sales and marketing divisions.
Cloud infrastructure security company Evident.io has raised $15.7 million in Series B funding from Venrock. The company will use the new round of funding for expanding its offering beyond Amazon Web Services to other cloud provider platforms.
software development tools
Ionic, provider of a software development kit for building mobile apps, has raised $8.5 million in Series A funding led by General Catalyst with participation from Arthur Ventures and Founder Collective. The company will use the funding for product development.
ANXeBusiness Corp., a provider of information exchange and compliance services to the automotive and healthcare industries, has been acquired by OpenText (Nasdaq:OTEX) for $104 million. The acquisition will be complimentary to OpenText’s existing b-to-b integration solutions. Further terms of the deal were not disclosed.
it consulting/systems integration, marketing consulting
Marlin Equity Partners will acquire Teradata’s Marketing Application business for $90 million. The acquisition will provide the business with the resources for expanding operations. Further terms of the deal were not disclosed.
TPG Growth has acquired a majority stake in UK-based staffing firm Frank Recruitment Group from Livingbridge. The acquisition provides Frank Recruitment with the resources for expanding operations internationally. Terms of the deal were not disclosed.