Daily Deal Activity 12/12/12


Nasdaq OMX Group (NasdaqGS:NDAQ) has agreed to pay $390 million in cash to acquire the investor relations, public relations, and multimedia solutions units of Thomson Reuters (TSX:TRI). Nasdaq OMG Group has made a $390 million binding offer for the units, which would add to its earnings within the first 12 months.

Harris Broadcast Communications, a provider of hardware and software that creates, manages, transmits, distributes, and monetizes video content, was acquired for $225 million by The Gores Group, from Harris (NYSE:HRS). According to Harris, the price includes $160 million in cash at closing, a $15 million promissory note, and an earn-out of up to $50 million based on future performance.

Scribit, which operates a platform enabling publishers to access premium content that they can add to their social media, email marketing, or Web content initiatives, was acquired by Outbrain, which operates a content recommendation platform. Buying Scribit allows Outbrain to operate more similarly to an ad network. Scribit’s clients use the service to acquire real content for their sites, and then they can advertise that content via Outbrain’s network. Terms were not disclosed.

American Partners, a staffing firm focused on IT workers, was acquired by BG Staffing, which operates a temporary staffing platform. No financial terms were disclosed. BG Staffing backers include Calvert Street Capital Partners, Taglich Private Equity, Weatherly Financial Group, and Brookside Mezzanine Partners.

Blackbird Group, a technology company offering identity and access management, data protection, and auditing and compliance products for enterprises, was acquired by BeyondTrust Software, a provider of security software via role-based access control, monitoring, logging, and reporting solutions. Terms of the deal were not disclosed. With the purchase of Blackbird, BeyondTrust Software will add auditing capabilities that provide customers with information about who is accessing their systems.

Anoba Consulting Services, an engineering firm specializing in probabilistic risk assessment and other risk-modeling services, was acquired by Hughes Associates, a portfolio company of Huron Capital Partners. Financial terms were not disclosed.


Trustpilot, which operates a community for shared online shopping experiences, has raised $13.4 million in funding led by Index Ventures, with participation from return backers SEED Capital Denmark and Northzone.

Snapchat, which offers a mobile app that auto-deletes photos shortly after viewing, raised $10 million in funding from Benchmark Capital. The round was reported at a $70 million post-money valuation.

Jibe Mobile, which has created a cloud-based portal and software developer kit that enables developers to build rich mobile applications for telecommunications carriers, raised $8.3 million in funding from Vodafone Ventures, Japan-based gaming company MTI, and other investors. The company also plans to white-label products for carriers. The company’s portal incorporates distance learning, remote diagnosis for healthcare professionals, multiplayer gaming, and other features directly inside the software without adding too much stress on bandwidth.

CloudVelocity, (fka Denali Systems), has emerged from stealth mode with $5 million in Series A funding from Mayfield Fund and an undisclosed strategic investor. The company’s software enables corporate IT departments to discover, blueprint, clone, and migrate applications between their data centers and public clouds.

Applifier, a company that has recently launched a platform for gamers to share replays of their best gaming moments, raised $4 million in Series B funding led by Lifeline Ventures. The round also included existing investors MHS Capital and PROFounders.

Plizy, a Web and mobile-based video discovery startup, raised $4 million in Series A funding from Atlas Venture and individual investors. The startup has previously raised $1.2 million in angel round funding. This recent round will be used to expand the company’s audience and aggregate more content.

Koozoo, a startup working on an app that will enable users to stream and share live videos from older smartphones, raised $2.5 million in seed funding from New Enterprise Associates, Tugboat Ventures, and individual investors. The company intends to focus on public spaces by tapping live feeds from existing video surveillance cameras in restaurants and other retail location – not personal smartphones.

Canopy Labs, which helps mid-sized businesses build predictive customer models to prioritize sales leads and identify high-value customers, raised $1.5 million in funding led by the BDC Venture Capital IT Fund, with participation by Valar Ventures and a number of angel investors. The company’s self-serve platform creates customer models by importing all of the interactions that a business has with its customers.

Snupi Technologies, a company that plans to use home wiring to create a wireless sensor network, has launched with $1.5 million in funding from Madrona Venture Group. Snupi’s sensing technology uses the extant wiring in homes for communication and a Web service for notification. The technology is called sensor network utilizing powerline infrastructure, or SNUPI.

Vivino, a mobile app that allows users to keep track of wines they drink, raised $1 million in Series A funding from Creandum, the Nordic venture capital firm known for its early investments in Spotify, iZettle, and Wrapp. Last year, Vivino received seed funding from SEED Capital.

IDInteract, a provider of enterprise marketing software as a service, has launched with $0.7 million in initial investor funding. IDInteract’s service analyzes raw consumer data from multiple sources and derives from it real-time consumer demand for brands, products, and services.

Kabam, a company focused on free-to-play online games, raised an undisclosed amount of funding from Warner Bros. Entertainment and Metro-Goldwyn-Mayer Studios. The new investors reportedly purchased shares from an earlier investor, though further details were not disclosed.

Vesta Partners, a provider of SAP enterprise asset management consulting and implementation services and technologies, has raised an undisclosed amount of funding from Bunker Hill Capital.

Q-Sensei, a search technology company, has secured an undisclosed amount of new funding led by Verizon Ventures, the venture arm of Verizon Communications. Founded in 2007, Q-Sensei develops a search, discovery, and analytics platform and search-based applications.

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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