Daily Deal Activity 12/31/12


Travis Software, a provider of employee health and benefits administration software, was acquired by Constellation Software (TSX:CSU), to be integrated with its wholly-owned division Volaris Group. The acquisition is Volaris’ first investment in the Benefits Administration vertical market. Terms of the deal were not disclosed.


Jasper Wireless, which operates a connected device platform for machine-to-machine and consumer electronics, raised $40 million in fifth-round funding, according to a regulatory filing. The company previously raised over $66 million from Benchmark Capital, Sequoia Capital, DAG Ventures, AllianceBernstein, Bridgescale Partners, Integral Capital Partners, and Crescendo Ventures.

The Fancy, an online style curator, raised $6 million in new equity funding, according to a regulatory filing. The company previously announced a $26 million round in October, before which it had raised around $18 million. Backers include PPR, General Catalyst Partners and Allen & Company.

Cheezburger Network, a finder, creator, and distributor of Internet memes, has raised $5 million in new venture capital funding from undisclosed investors. Existing backers include Foundry Group, Madrona Venture Group and Avalon Ventures.

Zorch International, a provider of brand promotion services and warehousing and distribution services, raised $4.7 million from existing investor Bridge Street Capital Partners. The Zorch model connects its customers and suppliers through a technology portal that serves to shorten and simplify the supply chain, resulting in lower costs and an improved purchasing experience for its customers.

Venga, which offers a guest management system for restaurants that leverages transaction data, raised an undisclosed amount of Series A funding from BR Venture Fund, the student-run venture capital fund at Cornell University’s Johnson School of Management.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


Get every new post delivered to your Inbox.

%d bloggers like this: