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.

About Petsky Prunier
Petsky Prunier is one of the leading investment banks in the technology, media, marketing, eCommerce, and healthcare industries. Our firm's mergers and acquisitions and private placements 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. In addition, we offer international reach through our partnership with investment bank Altium, which operates from nine offices across Europe. Securities transactions are processed through Petsky Prunier Securities LLC, a member of FINRA and an affiliated entity.

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