Daily Deal Activity 09/11/12


OPUS-ISM, a provider of pharmacy management systems, point-of-sale, workflow, and online prescription solutions, was acquired by Lagniappe Health, a portfolio company of Calvert Street Capital Partners, from Kinderhook Industries. OPUS-ISM offers its services to all types of pharmacies, including retail, managed and long-term care, HMO, outpatient hospital, and nursing homes/facilities. Terms were not disclosed.

NetMotion Wireless, a provider of mobile VPN and network performance management software solutions, was acquired by Clearlake Capital Group. Terms were not disclosed. NetMotion had raised over $30 million in funding, from Dolphin Equity Partners, Mitsui & Co. Venture Partners, Northwest Venture Associates, and Alexander Hutton Venture Partners.

Open Kernel Labs, a provider of virtualization software for securing wireless communications, apps, and content for mobile devices and automotive in-vehicle infotainment systems, was acquired by General Dynamics (NYSE:GD). Open Kernel, which had raised nearly $10 million in funding, will become part of General Dynamics Broadband, a subsidiary of General Dynamics C4 Systems.  This transaction enhances General Dynamics’ ability to meet growing government and military needs for secure computing on commercial handheld devices. Terms were not disclosed.

Beetil, a New Zealand-based provider of cloud-based service desk technologies, was acquired by Citrix Systems (NasdaqGS:CTXS). Beetil helps technical support professionals provide improved customer assistance and streamline technology costs through the delivery of incident tracking, end user self-service, configuration, change management, and release management functionality. Terms were not disclosed.

Economic Modeling Specialists (EMSI), a provider of employment data and economic analysis via web tools and custom reports, was acquired by CareerBuilder, from Tregaron Capital. EMSI has produced more than 1,200 comprehensive impact analyses for colleges and universities in the U.S. and internationally. Terms were not disclosed.

Community Factory, a Japan-based mobile content company, was acquired for $12.8 million by Yahoo Japan, a unit of Yahoo (nasdaqGS:YHOO). The company focuses on developing social media and social applications for smartphones.

Australia-based customer engagement consultancy Velteo, was acquired by cloud-enabled customer lifecycle consulting, managed, and technology staffing services firm Bluewolf. The move will enable Bluewolf to deliver consulting and cloud managed services to a combined portfolio of Australian and global brands who want to take full advantage of delivering global cloud transformation and customer experiences using mobile, social, and cloud solutions. Terms were not disclosed.

Online daily deals company Faveroo.com, was acquired for an undisclosed amount by CrowdSavings.com, which also operates a daily deals Website. Since its launch in 2009, CrowdSavings has acquired 15 companies across the U.S.


Char Software (dba Localytics), a company offering an app marketing platform on top of its enterprise app analytics service, raised $5.5 million in Series B funding led by Polaris Venture Partners, with participation from previous investors Hub Angels Investment Group, Launchpad Venture Group,  and New York Angels. The round brings the company’s total investments to over $14 million. By integrating app analytics and marketing, the company’s solutions enable app publishers to deliver highly targeted messages to users based on their app usage.

Sōsh, which offers a personal concierge and offline activity recommendation app, raised $4 million in Series A funding led by Battery Ventures. The money will help Sōsh expand from San Francisco to other major cities.

Gift-card management company Gyft has launched its new digital gift card platform with $1.25 million in funding led by Google Ventures, with Founder Collective and 500 Startups participating. The company provides a platform for consumers and retailers that enable customers to upload, buy, and redeem gift cards from their mobile device.

Estimize, which operates a Website where users try to beat Wall Street analysts by accurately predicting public company earnings, raised $1.2 million in Series A funding from private investors.

Inktank has raised $1 million in the form of a convertible note from Canonical Founder Mark Shuttleworth to further services for Ceph — an open source, next-generation, distributed storage technology. Ceph is known for its capability to deliver object storage, block storage, and file storage in one unified platform that runs on commodity hardware. Inktank’s goal is to build a worldwide developer community to help support the service inside enterprise organizations.

Republic Project, which operates an online ad campaign creation platform, raised $1 million in Series A funding led by Google Ventures. Also contributing to the round was 500 Startups, Venture51, Ludlow Ventures, and a number of private investors.

Yamsafer, which operates an online hotel-booking site focused on the Middle East, raised $1 million in Series A funding from Sadara Ventures, a $30 million fund dedicated to early-stage Palestinian technology start-ups.

Israel-based Agent Video Intelligence, a provider of video analytics solutions, has raised an undisclosed amount of funding from Motorola Solutions Venture Capital and Indigo Strategic Partners.

Real-estate network Honest Buildings has announced a new round of funding led by RockPort Capital and Mohr Davidow Ventures. Originally a service to measure the environmental impact of various office buildings, the company now aggregates a variety of data points in order to help potential occupants.

About Petsky Prunier
Petsky Prunier is one of the leading investment banks to the technology, media, marketing, eCommerce, and healthcare industries. Our firm's merger and acquisition and private placement advisory services reflect a unique blend of product specialization and industry expertise. Together with strategic consulting firm Winterberry Group, a Petsky Prunier company, our organization represents one of the largest industry-specific advisors providing strategic and transactional services. We offer global reach supplemented through our partnerships in China and India. Securities transactions are processed through Petsky Prunier Securities LLC, a member of FINRA, and an affiliated entity.

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