Daily Deal Activity 05/17/18

Digital Media/Commerce 

digital marketplace

India-based Droom, operator of an online marketplace for new and used cars and auto services, has raised $30 million in a round of funding from Toyota and Digital Garage. The company will use the new round of funding for expanding headcount. 

ecommerce

Online baby and children’s fashion and lifestyle platform Maisonette has raised $15 million in a round of funding from New Enterprise Associates, Pritzker Group Venture Capital, and Thrive Capital. The company will use the new round of funding for expanding operations.

ecommerce

Direct-to-consumer pet food subscription service PetPlate has raised $4 million in a round of funding from Dane Creek Capital, SWAT Equity, The Yard Ventures, and Castor Ventures. The company will use the new round of funding for expanding operations. 

ecommerce

Provi, operator of an eCommerce platform for bars and restaurants to efficiently order alcohol, has raised $3.5 million in a round of funding from Hyde Park Angels, Hyde Park Venture Partners, Ludlow Ventures, and Sandalphon Capital.

ecommerce

Indonesia-based beauty marketplace Sociolla has raised $12 million in a round of funding from East Ventures and Yahoo Japan. The company will use the new round of funding for expanding its presence internationally. 

Marketing Technology 

crm, sfa/lead management

SaaS-based post-purchase experience solution Registria has raised an undisclosed amount of funding from Housatonic Partners. The company will use the new round of funding for product development and hiring talent. 

media management systems

Collegiate athletics streaming solution Stretch Internet has been acquired by Battery Ventures. The acquisition will provide Stretch Internet with the resources for expanding its collegiate sports network. Terms of the deal were not disclosed. 

agency & Marketing services 

ad specialty/premium

Promotional products company HALO Branded Solutions will be acquired by TPG Growth from Audax Private Equity. The acquisition will provide HALO with the resources for expanding operations. Terms of the deal were not disclosed. 

specialty agency

Sports marketing and management services company Equestrian Marketing has been acquired by digital marketing agency Mixed Digital. The acquisition will provide Mixed Digital with an expanded presence within the sports marketing space. Terms of the deal were not disclosed.

 traditional media 

consumer book publishing

Local history and local interests publishing company Arcadia Publishing and The History Press has been acquired by Lezen Acquisition. The acquisition will provide Arcadia with the resources for expanding its presence within the US. Terms of the deal were not disclosed.

entertainment media

Audiovisual content platform Mediawan has acquired television and film entertainment company ON Kids & Family. The acquisition will Mediawan with an expanded international presence. Terms of the deal were not disclosed. 

Software

collaboration   

India-based corporate cloud communication company Sunoray Solutions has been acquired by competitor Knowlarity. The acquisition will provide Knowlarity with an expanded customer base. Terms of the deal were not disclosed.

collaboration

Commercial real estate collaboration solution Workframe has raised $9.5 million in a round of funding from Newmark Knight Frank. The company will use the new round of funding for expanding operations and headcount. 

data management

Digital campaign data unification platform Tracking First has raised $4 million in a round of funding from Silverton Partners. The company will use the new round of funding for expanding its marketing and sales divisions. 

engineering

Prysmex, a developer of Internet of Things solutions for the construction sector, has received an undisclosed amount of funding from Cemex Ventures. The company will use the investment proceeds for product development efforts. 

FINANCIAL

Digital mortgage point-of-sale software company Cloudvirga has raised $50 million in a round of funding from Riverwood Capital and Upfront Ventures. The company will use the new round of funding for expanding operations.

FINANCIAL, infrastructure

Blockchain infrastructure company Compound has raised $8.2 million in a round of funding from Andreessen Horowitz, Bain Capital Ventures, Polychain Capital, Transmedia Capital, Compound ventures, Abstract Ventures, and Danhua Capital. 

FINANCIAL, mobile technology

Sweden-based mobile point-of-sale solution iZettle will be acquired by PayPal (Nasdaq:PYPL) in a transaction valuing the company at $2.2 billion. The acquisition is complementary to PayPal’s international expansion strategy. Financial information was not disclosed. 

FINANCIAL

Tech-enabled property management company Mynd has raised $20 million in a round of funding from Lightspeed Ventures, Canaan Partners, and Jackson Square Ventures. The company will use the new round of funding for expanding its presence within the US.

FINANCIAL

Germany-based capital markets software solutions company Q-fin has been acquired by Fimas. The acquisition will provide Fimas with an expanded presence within Europe. Terms of the deal were not disclosed. 

hr

Newly graduated employee benefits platform Student Loan Genius has raised $3.5 million in a round of funding from Vestigo Ventures, CMFG Ventures, Prudential Financial, and Rubicon Venture Capital. The company will use the new round of funding for expanding its marketing and sales division. 

legal

Germany-based IP management software company IPAN will be acquired by Castik Capital Partners from Warburg Pincus. The acquisition will provide IPAN with the resources for expanding its presence within Europe. Terms of the deal were not disclosed.

security

Resurgens Technology Partners has acquired the Assurance Software disaster recovery business of Sungard Availability Services. The acquisition will provide Assurance with the resources for expanding its presence within the business continuity management market. Terms of the deal were not disclosed.

security

In-home security software company CUJO AI has raised an undisclosed amount of funding from Charter Communications. The company will use the new round of funding for expanding operations and hiring talent.

security

Cyber vulnerability solutions company RunSafe Security has raised $2.4 million in a round of funding from Alsop Louise Partners and private investors. The company will use the new round of funding for expanding operations.

security

Digital identity and authentication solutions company Ubisecure has raised an undisclosed amount of funding from Octopus Investments. The company will use the new round of funding for expanding its engineering division. 

information 

financial information

Sweden-based financial information and research platform Introduce has been acquired by ABG Sundal Collier. The acquisition will provide Introduce with the resources for expanding operations internationally. Terms of the deal were not disclosed. 

business services 

it consulting

Canada-based IT consulting services company Facilite Informatique has been acquired by IT and business consulting firm CGI Group. The acquisition will provide CGI with an expanded presence within North America. Terms of the deal were not disclosed.

it consulting, digital agency

Salesforce implementation partner and digital services provider RelationEdge has been acquired by Rackspace. The acquisition will see RelationEdge operated independent of Rackspace’s existing offerings. Terms of the deal were not disclosed.

legal consulting

Germany-based patent analysis and consulting services company PatentSight has been acquired by LexisNexis. The acquisition will see PatentSight integrated into Reed Technology and Information Services. Terms of the deal were not disclosed.

TRAINING

Online higher education platform provider OpenClassrooms has raised $60 million in a round of funding from General Atlantic. The company will use the new round of funding for expanding its presence internationally.

TRAINING

Writing and sentence structure teaching platform WriteLab has been acquired by Chegg (NYSE:CHGG) for $20 million. The acquisition will be complementary to Chegg’s existing writing service offering. Financial information was not disclosed.

Daily Deal Activity 05/16/18

Digital Media/Commerce

ECOMMERCE

In-airport mobile eCommerce and gate delivery company AtYourGate has raised $2 million in a round of funding from Triton Funds. The company will use the new round of funding for expanding its network of international airports.

ecommerce

SME dental insurance products company Beam Dental has raised $22.5 million in a round of funding from Kleiner Perkins Caufield & Byers. The company will use the new round of funding for expanding its presence geographically. 

ecommerce

Online fashion retailer Lulus has raised $120 million in a round of funding from IVP and CPPIB. The company will use the new round of funding for building out its marketing and sales divisions and expanding its presence internationally.

ecommerce

On-demand electronic toothbrush company Quip has raised $10 million in a round of funding from Silicon Valley Bank. The company will use the investment proceeds for acquiring online dental insurance products company Afora. Terms of the deal were not disclosed.

ecommerce

On-demand health products company Rael has raised $2.1 million in a round of funding from SoftBank and Thrive Market. The company will use the new round of funding for expanding its presence internationally.

gaming

Social gaming startup Teatime Games has raised $9 million in a round of funding from Index Ventures and Atomico. The company will use the round of funding for publishing new gaming titles and expanding operations.

SOCIAL MEDIA/APPS, HR INFORMATION

India-based blockchain professional network SpringRole has raised $1.3 million in a round of funding from AlphaBlock Investments. The company will use the new round of funding for expanding its presence internationally. 

Marketing Technology

bi tools

SME business intelligence solutions company InsightSquared has raised $23 million in a round of funding from Tola Capital, Accomplice, DFJ, Two Sigma Partners, and NextView Ventures. The company will use the new round of funding for product development initiatives.

crm, financial

Digital hotel marketing platform HotelOnline has acquired travel technology company Teranga Solutions. The acquisition will provide HotelOnline with an expanded presence within Africa. Terms of the deal were not disclosed.

email/messaging software

Data marketing solutions company Optimove has acquired the DynamicMail interactive email division of PowerInbox. The acquisition will be complementary to Optimove’s existing inbox solution offering. Terms of the deal were not disclosed.

MRM/WORKFLOW MANAGEMENT

Aptaris, a provider of promotions management software for retailers, has been acquired by dunnhumby. The acquisition will see Aptaris integrated into dunnhumby’s Enterprise Promotions Management platform. Terms of the deal were not disclosed.

search & discovery

Primal, a developer of semantic solutions for enterprise applications, has raised $2.3 million in a round of funding from BDC. The company will use the new round of funding for product development and expanding marketing and sales initiatives. 

search & discovery

TalkIQ, a developer of voice-to-text transcription and analytics solutions for sales teams, will be acquired by enterprise communications solution provider Dialpad. The acquisition will provide Dialpad with expanded AI capabilities. Terms of the deal were not disclosed. 

TELESERVICES/ESERVICES

France-based call center marketing software Aircall has raised $29 million in a round of funding from Daper Esprit, Balderton Capital, NextWorld Capital, and eFounders. The company will use the new round of funding for expanding its presence within the US and Europe.

traditional media 

b-to-b media

Trade shows host and wholesale marketplace operator AmericansMart will be acquired by Blackstone Group and Fireside Investments portfolio company International Market Centers. The acquisition will provide IMC with an expanded geographic presence. Terms of the deal were not disclosed.

Software

application management, software development tools

Cask, developer of an application integration platform for Hadoop and Apache Spark, has been acquired by Google. Cask had previously raised more than $37 million in funding to date. Terms of the deal were not disclosed.

collaboration

Connected work platform Parsable has raised $40 million in a round of funding from Future Fund, Airbus, Saudi Aramco, and B37 Ventures. The company will use the new round of funding for product development efforts.

data management

Data science project deployment and management platform Datascience.com has been acquired by Oracle. The acquisition will be complementary to Oracle’s Cloud Infrastructure service. Terms of the deal were not disclosed.

data management

Intelligent database solution MemSQL has raised $30 million in a round of funding from Accel Partners, GV, Glynn Capital, Caffeinated Capital, Data Collective, and IA Ventures. The company will use the new round of funding for expanding its engineering division. 

FINANCIAL

Tax and accounting practice management platform Canopy has received $12 million in additional funding from New Enterprise Associates, Tenaya Capital, and Nyca Partners. The new funding brings the company’s latest investment total to $42 million.

FINANCIAL

Cryptocurrency wallet and payments company Circle has raised $110 million at a reported valuation of nearly $3 billion from Bitmain, Blockchain Capital, Tusk Ventures, Accel Partners, IDG Capital, Breyer Capital, General Catalyst, and Digital Currency Group.

FINANCIAL

Business expenses paying platform Plastiq has raised $27 million in a round of funding from Khosla Ventures, Atlas Ventures, and Top Tier Capital Partners. The company will use the new round of funding for expanding headcount. 

FINANCIAL

India-based Quantiguous, developer of an API-based software solution for the banking and financial industry, has been acquired by Deutsche Bank. The acquisition will be complementary to Deutsche’s Open Banking solutions strategy. Terms of the deal were not disclosed.

infrastructure

Application-defined network infrastructure solution Plexxi will be acquired by Hewlett Packard Enterprise (NYSE:HPE). The acquisition will see HPE integrate Plexxi into its hyperconverged solutions offering. Terms of the deal were not disclosed.

security

Identity management solutions company Auth0 has raised $55 million in a round of funding from Bessemer Venture Partners, Sapphire Ventures, Trinity Ventures, and K2 Ventures. The company will use the new round of funding for expanding its presence internationally.

security

Cybersecurity company Tanium has raised $175 million at a reported valuation of $5 billion from TPG Growth. The company was most recently valued at a reported $3.8 billion after raising a $100 million investment in May 2017.

security

Israel-based cyber intelligence software and solutions company The KELA Group has received a $50 million equity investment from Vector Capital. The company will use the investment proceeds for expanding its presence internationally.

software development tools

Spreadsheet-based web applications development tool Dashdash has raised $8 million in a round of funding from Accel Partners, Cherry Ventures, and Atlantic Labs. The company will use the new round of funding for expanding headcount. 

business services 

it consulting

Technology recruitment and outsourcing company Harvey Nash Group has acquired Belgium-based IT services company eMenKa. The acquisition will provider Harvey Nash Group with an expanded presence within Europe. Terms of the deal were not disclosed.

TRAINING

Austria-based IT sector training and education company ETC has been acquired by Aspire Education. The acquisition will provide Aspire Education with an expanded international presence. Terms of the deal were not disclosed.

TRAINING

Learning management platform PythonRoom has been acquired by game-based coding platform Tynker. The acquisition will provide Tynker with an expanded customer base. Terms of the deal were not disclosed.

Daily Deal Activity 05/15/18

Digital Media/Commerce

digital marketplace

India-based B-to-B payments company PayMate has acquired online small business lending services provider Z2P. The acquisition will provide PayMate with an expanded lender network. Terms of the deal were not disclosed.

ecommerce

On-demand social shopping platform Choosy has raised $5.4 million in a round of funding from New Enterprise Associates, Forerunner Ventures, Innovation Global Capital, and Supernode Ventures. The company will use the new round of funding for hiring talent.

ecommerce

On-demand grocery and fresh produce company Good Eggs has raised $50 million in a round of funding from Benchmark Capital, Index Ventures, DNS Capital, and Collaborative Fund. The company will use the new round of funding for expanding its presence geographically. 

ecommerce

Online waste removal platform PegEx has raised $8 million in a round of funding from Plymouth Growth Partners, Capital Midwest Fund, and WISC Partners. The company will use the new round of funding for expanding its presence within North America.

gaming

France-based video game development studio Cyanide has been acquired by video game publisher Bigben Interactive. The acquisition will provide Bigben with an expanded portfolio of gaming titles. Terms of the deal were not disclosed.

niche content

Content publishing platform Minute Media has raised $17 million in a round of funding from Battery Ventures, Goldman Sachs, Vintage Investment Partners, Dawn Capital, and Qumra Capital. The company will use the round of funding for expanding into new content verticals.

Marketing Technology

creative production platform

Visual design and presentation solutions company Beautiful.ai has raised $11 million in a round of funding from Trinity Ventures, Shasta Ventures, and First Round Capital. The company will use the new round of funding for launching out of beta.

sfa/lead management

MarianaIQ, provider of an account-based marketing platform for B-to-B lead generation, has been acquired by 8×8 (NYSE:EGHT). The acquisition will see MarianaIQ integrated into 8×8’s contact center solutions offering. Terms of the deal were not disclosed.

social technology

Influencer marketing platform #paid has raised $9 million in a round of funding from ScaleUP Ventures, Aitken Investments, and Freycinet Investments. The company will use the new round of funding for expanding operations. 

traditional media 

b-to-b media

ITE Group will acquire the Exhibitions Business of Ascential in a transaction valuing the company at $405 million. Ascential’s Exhibitions Business has reported LTM revenues for the period ended December 31 2017 of $106 million and reported LTM EBITDA of $31 million, representing an LTM revenue multiple of 3.8x and an LTM EBITDA multiple of 12.9x.

Software

application management

Orbs, developer of a blockchain platform for large-scale consumer applications, has raised $118 million in a round of funding from undisclosed investors. The company will use the new round of funding for launching out of beta.

data management

Enterprise data management and digital identity platform Cambridge Blockchain has raised $7 million in a round of funding from HCM Capital, Partech Ventures, and Digital Currency Group. The company will use the new round of funding for product development efforts.

engineering

Transportation software engineering company RTS Solutions has been acquired by security and surveillance systems company Petards Group. The acquisition will provide Petards with an expanded work site management solution offering. Terms of the deal were not disclosed.

financial

Australia-based booking and payments platform Riyo has been acquired by competitor JCurve Solutions. The acquisition will provide JCurve with an expanded customer base. Terms of the deal were not disclosed.

healthcare

Genomic data management and storing platform Genoox has raised an undisclosed amount of funding from Triventures, Inimiti Capital, and Glilot Capital Partners. The company will use the new round of funding for expanding its presence within the US.

healthcare

SaaS-based electronic prior authorization solutions company PriorAuthNow has raised $10.5 million in a round of funding from BIP Capital, NCT Ventures, and Detroit Venture Partners. The company will use the new round of funding for expanding headcount.

hr

France-based job recruitment solutions company Welcome to the Jungle has raised $8.3 million in a round of funding from XAnge, Bpifrance, and Kima Ventures. The company will use the new round of funding for expanding its presence within Europe.

infrastructure

Germany-based remote desktop solutions company AnyDesk has raised $7.7 million in a round of funding from EQT Ventures and private investors. The company will use the new round of funding for expanding its sales division.

infrastructure

Network management software company Auvik Networks has raised $20 million in a round of funding from OpenView Partners, Celtic House Venture Partners, and Rho Ventures. The company will use the new round of funding for expanding operations.

security

Ireland-based mobile cybersecurity company Corrata has raised $1.5 million in a round of funding from Delta Partners and private investors. The company will use the new round of funding for expanding marketing and sales efforts.

security

Data audit and security solutions company Spirion has been acquired by The Riverside Company from Inverness Graham. The acquisition will provide Spirion with the resources for expanding operations. Terms of the deal were not disclosed.

security

ABRY Partners-backed secure internet services company StackPath has acquired UK-based cloud monitoring solutions firm Server Density. The acquisition will provide StackPath with an expanded international presence. Terms of the deal were not disclosed.

software development tools

Software code analysis solutions company DeepCode has raised a $1.1 million in a round of funding from btov Partners. The company will use the new round of funding for expanding its presence internationally.

software development tools

Data query language developer Prisma has raised $4.5 million in a round of funding from Kleiner Perkins Caufield & Byers. The company will use the new round of funding for hiring talent and product development.

information

engineering information

Oil and gas augmented data analytics platform OspreyData has raised $5 million in a round of funding from Houston Ventures. The company will use the new round of funding for expanding its sales and marketing divisions.

business services

engineering consulting

Specialty engineering services company True North Consulting has been acquired by simulation services company GSE Systems. The acquisition will provide GSE with an expanded presence within North America. Terms of the deal were not disclosed.

healthcare consulting

Healthcare IT consulting services company Magma has been acquired by Brazil-based Stefanini Scala. The acquisition will provide Stefanini with an expanded presence domestically. Terms of the deal were not disclosed.

it consulting

Germany-based consulting services firm it-economics has been acquired by Sopra Steria. The acquisition will provide Sopra Steria with an expanded presence within Germany. Terms of the deal were not disclosed.

training

Childhood educational resources company Teaching Strategies has been acquired by Summit Partners from L Squared Capital Partners. The acquisition will provide Teaching Strategies with the resources for expanding its presence internationally. Terms of the deal were not disclosed.

Daily Deal Activity 05/14/18

Digital Media/Commerce

digital marketplace

Classifieds marketplace Carousell has raised $85 million in a round of funding from Rakuten Ventures, Sequoia Capital, Golden Gate Ventures, and EDBI. The company will use the new round of funding for expanding its presence internationally.

digital marketplace

Singapore-based used car marketplace Carro has raised $60 million in a round of funding from SoftBank, Insignia Venture Partners, Sintel Innov8, and Golden Gate Ventures. The company will use the new round of funding for expanding its presence within Southeast Asia.

ecommerce

The Netherlands-based digital music licensing company Tribe of Noise has been acquired by digital media and technology company Catenae Innovation. The acquisition will provide Catenae with an expanded presence within Europe. Terms of the deal were not disclosed.

mobile content/apps

Podcast subscription developer Luminary Media has raised $40 million in a round of funding from New Enterprise Associates. The company will use the new round of funding for expanding operations and building out its listener base.

digital advertising

online lead generation

Avenue100 Media Solutions, a provider of performance-based marketing and analytics to the education industry, has been acquired by customer acquisition and retention solutions company Digital Media Solutions. Terms of the deal were not disclosed. 

Marketing Technology

marketing data

Access Confidential, a provider of B-to-B sales intelligence solutions, has been acquired by Northlane Capital Partners-backed List Partners. The acquisition will see Access Confidential integrated into Winmo. Terms of the deal were not disclosed. 

mrm/workflow management, content management

Vidmob, operator of a technology platform for connecting marketers with video creation specialists, has raised $6 million in a round of funding from Manifest Growth, Interlock Partners, Acadia Woods, and You & Mr Jones. 

agency & Marketing services 

digital agency

B-to-B lead generation and content marketing agency First Base Communications has been acquired by UK-based marketing firm Unlimited Group. The acquisition will be complementary to Unlimited’s content and digital strategy services offering. Terms of the deal were not disclosed. 

loyalty/retention

Credit card marketer and consumer credit assessment company Fair Square Financial has received a $100 million growth equity investment from The Orogen Group. The company will use the investment proceeds for expanding operations. 

specialtiy agency

Charity event strategy and nonprofit management agency MatchPoint Agency has been acquired by creative agency Lagardere Plus. The acquisition will provide Lagardere with an expanded geographic presence. Terms of the deal were not disclosed. 

traditional media 

entertainment media

Virtual reality production company TaKanto Virtual Reality has been acquired by Singapore-based VR and video production firm Vostok VR. The acquisition will provide Vostok with an expanded presence geographically. Terms of the deal were not disclosed. 

newspaper publishing

New Media Investment Group will acquire newspaper publisher The Pueblo Chieftain. The acquisition will see The Pueblo Chieftain integrated into New Media’s Gatehouse Media division. Terms of the deal were not disclosed. 

Software 

collaboration

Workplace hospitality platform Convene has acquired mobile workplace analytics platform Beco. The acquisition will provide Convene with expanded workspace utilization and collaboration capabilities. Terms of the deal were not disclosed.

data management

Environmental, social, and governance data solutions platform TruValue has raised $13.6 million in a round of funding from Katalyst Ventures, Hearst, The Entrepreneurs’ Fund, and Sun Hung Kai Strategic Capital. The company will use the new round of funding for expanding its customer base.

data management

Japan-based video game industry solutions company Criware has acquired image optimization software solutions company Web Technology Group. The acquisition will provide Criware with expanded capabilities for its mobile solutions offering. Terms of the deal were not disclosed.

erp

Consumer goods supply chain platform Alloy.ai has raised $12 million in a round of funding from Menlo Ventures and 8VC. The company will use the new round of funding for expanding operations and headcount.

financial

Digital payments company Cellulant has raised $48 million in a round of funding from TPG Growth, Endeavor Catalyst, Satya Capital, and Velocity Capital. The company will use the new round of funding for expanding its presence within Africa.

financial

UK-based investment data and software vendor FE has received an undisclosed investment from HgCapital. The company will use the new round of funding for expanding research and development initiatives. Terms of the deal were not disclosed.

healthcare

Patient communication and care coordination software company CipherHealth has received a strategic growth investment from JMI Equity. The company will use the investment proceeds for expanding operations. Terms of the deal were not disclosed. 

healthcare

Clinical developing and eSourcing solutions company Clinical Ink has raised an equity investment from NovaQuest Capital Management. The company will use the new round of funding for expanding operations. Terms of the deal were not disclosed. 

healthcare

Germany-based outpatient and inpatient care software solution MediFox has received an undisclosed amount of funding from HgCapital. The company will use the investment proceeds for expanding its presence within Europe. Terms of the deal were not disclosed. 

healthcare, erp

Qventus, a provider of operations management solutions for health systems, has received a $30 million investment from Bessemer Venture Partners, Mayfield Fund, and Norwest Venture Partners. The company will use the new round of funding for product development.

hr

Game-based assessments solutions company MindX has been acquired by assessment and video interviewing solutions company HireVue. The acquisition will provide HireVue with an expanded customer base. Terms of the deal were not disclosed.

security

Cyber threat intelligence and mitigation companies PhishLabs and BrandProtect have merged and received an equity investment from LLR Partners and Alerion Ventures. The combined entity will rebrand as PhishLabs. Terms of the deal were not disclosed.

business services

healthcare consulting

HRE-focused managed services provider Linkehr has been acquired by healthcare consulting and services firm Cumberland Consulting Group. The acquisition will provide Cumberland with an expanded presence within North America. Terms of the deal were not disclosed.

it consulting

IT security solutions company Red Sky Solutions has been acquired by Presidio (Nasdaq:PSDO) in a transaction valuing the company at $40.8 million. Red Sky Solutions has reported EBITDA of approximately $6 million, representing an EBITDA multiple of 6.8x. 

training

Auto dealership employee performance improvement solutions company Automotive Development Group has been acquired by Brown & Brown. The acquisition will provide Brown & Brown with an expanded geographic presence. Terms of the deal were not disclosed.

training

IT skills training company QuickStart has raised $2 million in a round of funding from Moneta Ventures and Sattar Ventures. The company will use the new round of funding for expanding its sales and marketing divisions.

Daily Deal Activity 05/11/18

Digital Media/Commerce

ecommerce

UK-based Airbnb management company Airsorted has raised $2.5 million in a round of funding from Seedrs. The company will use the new round of funding for expanding headcount and operations within Europe.

ecommerce

Women’s clothing online retailer C.R.E.A.M. has been acquired by private equity firm J-Star. The acquisition will provide C.R.E.A.M. with the resources for expanding operations. Terms of the deal were not disclosed.

ecommerce

On-demand home services company Fixer has raised $4 million in a round of funding from Founder Collective, Impact Engine, Hyde Park Venture Partners, and OATV. The company will use the new round of funding for expanding its presence geographically.

ecommerce

China-based restaurant booking and ordering app Meiweibuyongdeng has raised $63 million in a round of funding from Alibaba and Ctrip. The company will use the new round of funding for expanding its presence domestically.

digital advertising

vertical search, niche content

Home-related digital media and lead generation platform ZPG will be acquired by Silver Lake from Daily Mail and General Trust in a transaction valuing the company at $3.2 billion. ZPG has reported LTM revenues for the period ended September 30 2017 of $328 million and reported LTM EBITDA of $114 million, representing an LTM revenue multiple of 9.7x and an LTM EBITDA multiple of 27.8x

Marketing Technology

commmerce management

Event experience applications and marketing platform Vuevent has been acquired by competitor TrellisSoft. The acquisition will provide TrellisSoft with an expanded customer base. Terms of the deal were not disclosed.

search & discovery

China-based voice and speech processing solutions company Unisound has raised $100 million in a round of funding from China Electronics Health Fund and Hanfor Capital Management. The company will use the new round of funding for research and development initiatives.

sfa/lead management

Sales lead generation platform Cognism has raised $2.7 million in a round of funding from South Central Ventures and Newable Private Investing. The company will use the new round of funding for expanding its presence internationally.

agency & Marketing services

healthcare agency, general agency

WPP will acquire a majority stake in healthcare industry advertisement and marketing services firm Dentsu Sudler & Hennessey from Dentsu. In a related transaction, WPP will take a 49 percent stake in Dentsu-WPP’s Young & Rubicon and Wunderman joint agency assets within Southeast Asia. Terms of the deal were not disclosed.

traditional media

entertainment media

Television programming and film production company Browning Productions and Entertainment has been acquired by One Horizon Group. The acquisition will provide One Horizon with expanded content creation capabilities. Terms of the deal were not disclosed.

Software

cloud computing, infrastructure

Public and private cloud scaling solutions company Upbound has raised $9 million in a round of funding from GV. The company will use the new round of funding for expanding its engineering and marketing divisions.

data management

Compliance and document filing solutions company SahiGST has been acquired by India-based financing network Vayana Network. The acquisition will provide Vayana with an expanded offering for SMEs. Terms of the deal were not disclosed.

erp

Supply chain transparency solutions company BROWZ has received $22 million in a round of funding from Golub Capital. The company will use the new round of funding for expanding product development initiatives.

erp

Waste and recycling technology company Rubicon Global has raised $65 million in a round of funding from The NZ Super Fund. The company will use the new round of funding for expanding its presence in the US.

information

healthcare information

Life science research community and open access journal BioTechniques has been acquired by Future Science Group. The acquisition will provide Future Science with an expanded researcher network and resource base. Terms of the deal were not disclosed.

business services

it consulting

IT implementation services company Fusion PPT has been acquired by federal IT services company QuTech. The acquisition will provide QuTech with an expanded geographic presence. Terms of the deal were not disclosed.

it consulting, mobile technology

Mobile technology solutions and consulting firm Myriad Mobile has raised $7 million in a round of funding from undisclosed investors. The company will use the new round of funding for expanding headcount and operations.