Daily Deal Activity 08/02/13
August 7, 2013 Leave a comment
Spain-based Ticketbis, a startup operating an exchange for buying and selling after-market tickets to events in Europe and South America, has raised an additional $4.5 million in funding from the company’s previous unnamed investors. This brings the total raised by the company to $7.2 million via four funding rounds since it was founded in 2010.
Patreon, a platform that allows fans to become patrons of their favorite artists, has raised $2.1 million in seed funding from Charles River Ventures, SVAngel, Freestyle Capital, Atlas Ventures, Rothenberg Ventures, and individual investors.
web search/portals, social media/apps
Rockmelt, which operates a social Web browser that’s integrated with Facebook and Twitter, has been acquired by Yahoo (NasdaqGS:YHOO), for between $60 million and $70 million. The company’s app will be shut down at the end of the month and its team will be joining Yahoo’s mobile division.
South Korea-based Korea Interactive, a digital and search engine marketing company, has been acquired by Web Presence in China, a digital marketing company offering Website design, search engine optimization, pay per click, and social media services. The acquisition will help western organizations access best practice SEO & SEM in both China and Korea. Terms were not disclosed.
bi tools, mobile technology, network infrastructure software
Ekahau, a provider of Wi-Fi-based business intelligence location systems designed to help companies gain real-time visibility into the assets, people, and workflows driving their business, has received a $6 million venture loan facility from Horizon Technology Finance Corporation.
Canada-based social media management platform provider HootSuite, raised $165 million in Series B financing round, led by Insight Venture Partners, with participation from Accel Partners and existing investor OMERS Ventures. Previously, Hootsuite had raised $21.9 million in a Series A and follow-up venture round.
Technology & Communications
big data technology
SQLstream, which provides a real-time big data software and platform for integrating and analyzing live streaming data, has raised $1.5 million in funding from unnamed investors. Its products include s-Server, a distributed management platform for streaming big data that enables data sources, such as log files, databases, application programming interfaces, and sensors to be queried in real-time; and s-Analyzer, which provides map-based and real-time dashboard visualization for streaming operational intelligence. The company also offers s-Transport, a geospatial analytics module for global positioning system data.
network infrastructure software
Statseeker, a developer of network monitoring software, was acquired for $6 million by Techniche (ASX:TCN) and NBC Capital, each of which purchased a 50 percent equity stake. Statseeker serves government, military, banking, education, manufacturing, aviation, telecommunications, retail outlets, publishing, automotive, and health industries.
Mandata, a company that develops software for the transport and logistics industry, was acquired by Synova Capital. Mandata was founded in 1974 and offers tools that streamline supply chain and logistics, along with Web-based order entry and visibility solutions. Terms of the deal were not disclosed.
Teletrac, which provides cloud-based driving SaaS solutions in the U.S., has been acquired by Danaher (NYSE:DHR). The company was sold by UK-based Trafficmaster, a traffic management, live traffic map, personal navigation, and automotive navigation solutions provider. Terms of the deal were not disclosed.
Reach Process Outsourcing, which provides online accounting software that imports and categorizes transactions automatically, has raised an undisclosed amount of funding from Sequoia Capital.
Gaffey and Associates, a company developing SaaS revenue cycle solutions to hospitals, was acquired by HealthTech Solutions Group, a revenue cycle and healthcare technology company. Gaffey and Associates bundles revenue cycle tools from patient access and claims management through denial management and recovery, bridge routine consulting, best practice management, information technology support, and business advisory services.
IP Health, which develops electronic medical software that allows hospitals and other health care providers to access patient information through smart phones and tablets, has received an undisclosed amount of equity funding from Telstra Applications and Ventures Group, a venture capital arm of Telstra specializing in growth capital.
Brazil-based LG Sistemas, a human resources software provider, has sold a majority equity stake to H.I.G. Capital. The company’s software and services support the HR activities of over 400 companies across a variety of industries. Terms were not disclosed.