Daily Deal Activity 08/26/13

Digital Media/Commerce

ecommerce, catalog

Ezibuy, a New Zealand-based online and catalog retailer of clothing and housewares, has been acquired by Australia-based Woolworths (ASX: WOW), which operates 1,033 supermarkets under the Woolworths and Safeway brand names, from Catalyst Investment Managers. The deal is valued at approximately $306 million.

social media/apps

Instagram has made its first acquisition, buying both the team and technology of Luma, a video-capture, stabilization and sharing app. Luma’s app will be shut down and its technology will be used to help Instagram’s more than 130 million users edit videos. Terms were not disclosed.

Marketing Technology

bi tools

Trove Predictive Data Sciences (fka GridGlo), a provider of business analytical solutions and data-driven insights, has raised $1.1 million in funding from existing investor CUBRC, which offers science and technology program management services. TROVE technology works by fusing an organization’s existing internal data with external data sources and applies its predictive science to help customers uncover new opportunities to monetize data and drive innovation.

online targeting/optimization

Parse.ly, which offers a predictive content optimization platform for publishers, has raised $5 million in Series A funding led by Grotech Ventures, with participation from Blumberg Capital, ff Venture Capital, and equity crowdfunding site FundersClub. The company’s technology is based on the use of natural language processing and statistical text analysis to evaluate Web pages. It generates reports in real time that help publishers and editorial teams understand what’s working with their audiences, when and why.

traditional media

Newcap Radio, a Canada-based radio broadcasting company with 88 licenses, has entered into an agreement to acquire the radio broadcasting licenses Boom 97.3, 93.5 Flow, Virgin Radio 95.3, Shore 104.3 FM, and AM 650 from Canada-based radio broadcaster Bell Media, which manages 107 licensed radio stations in 55 markets. Terms were not disclosed.

Technology & Communications

financial technology

Yellowpepper, which provides mobile financial products and services that enable monetary and informational transactions between financial institutions, businesses, and consumers primarily in Latin America, has raised $15 million in its series C funding led by new investor LatinIdea Ventures, with participation from existing investor International Finance Corporation. The company has raised $30 million in funding to date.

virtualization technology

HyTrust, a provider of virtualization security, compliance, and access control solutions for VMware-based virtual infrastructure, has extended its Series C round to $18.5 million as it continues selling its software to financial services companies, the military, health insurers, universities, and other deep-pocketed customers. The Series C brings the company’s total venture backing to $34.5 million and was provided by Intel Capital, Fortinet, VMware (NYSE:VMW), and In-Q-Tel , as well as returning backers Granite Ventures, Cisco, Trident Capital, and Epic Ventures.

Software

collaboration

Canva, which offers a tools that enables people to create and collaborate on design online, has launched with $3 million in seed funding from Matrix Partners, InterWest Partners, 500 Startups, and various angels.

healthcare

ExtendMD, a developer of software that enables medical patients with chronic conditions to communicate their ‘at home’ readings directly to their healthcare team, has been acquired by Orange Health Solutions, which provides administrative and management services for providers in accountable care organizations. Orange plans to integrate ExtendMD assets into its existing platform and offer the existing service found in the acquired technology. Terms of the deal were not disclosed.

Information & Business Services

it information

Professional services and software recommendation platform BestVendor, which offers a number of information for choosing between different SaaS and software services, has been acquired by DocStoc, a company operating a platform for sharing professional documents. Terms were not disclosed. The acquisition follows Docstoc’s expansion of its product set with the release of License123, which provides a database of licenses and permits needed to start a business, as well as its ExpertCircle platform for sharing recommendations of the best online and offline vendors for small businesses.

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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