Daily Deal Activity 08/27/13

Digital Media/Commerce

classifieds/auctions/p-to-p

Brazil-based LogoChef, which operates a design marketplace, has been acquired by 99designs, a crowd-sourced graphic design marketplace. No financial terms were disclosed. 99designs has raised $35 million in funding from Accel Partners.

ecommerce

Speakaboos, which offers a subscription-based children’s digital book rental site, raised $6.2 million in Series A funding from digital media venture development platform [212]MEDIA, Advancit Capital,  Korean education company Kyowon Group, and individual investors.

Digital Advertising

ad networks/exchanges

Martini Media, an online ad network targeting affluent consumer, has raised $14 million in Series D funding from Venrock, Granite Ventures, Reed Elsevier Ventures, and Silicon Valley Bank. The money will fund technology enhancements for its self-serve tool and international expansion.

mobile marketing

Carnival Labs, a mobile brand accelerator with offices in New York and New Zealand, has raised $2.4 million in seed funding co-led by Lerer Ventures and Gary Vaynerchuk, with participation from Flybridge Capital Partners, Bowery Capital, Google Ventures, David Tisch, Jos White, and Michael Lazerow.

Marketing Technology

commerce management

Austria-based Fine Trade, a provider of eCommerce trading solutions with payment options, is being acquired by Japan-based mobile operator NTT Docomo (TSE:9437). No financial terms were disclosed, although TechCrunch reports the price was “several tens of millions of Euros.” Through the acquisition, DOCOMO will expand its portfolio of finance and payment platform businesses in Europe, currently focused on the digital content market, to include the online retail market for consumer goods.

content management

PrecisionIR, a provider of online investor relations and Web-based corporate communications solutions, Issuer Direct Corporation (OTCBB: ISDR), a provider of disclosure management solutions and cloud-based compliance technologies. Issuer Direct acquired all of the common stock of Precision IR Group, Inc. in exchange for cash proceeds of approximately $3.45 million.

media management software

FilmTrack, a provider of rights and content management SaaS solutions for the film and television industries, has raised $20 million in equity funding from Insight Venture Partners. FilmTrack offers cloud-based enterprise-class solutions for content, contract, and rights management that enable film, video and television publishers to manage the entire intellectual-property lifecycle – from inbound script to optimizing global distribution agreements and capturing unexploited revenue streams.

mobile technology

Israel-based MySiteApp, the startup behind mobile website add-on Brow.si, has raised a further $1 million from existing investors thetime and a number of U.S./Israel-based angels. This brings the total backing for the company to $3.2 million.

search & discovery

Safaba Translation Solutions, a provider of automatic translation solutions for digital content, has raised an undisclosed amount of first-round funding. Newlin Investment led the round, and was joined by Innovation Works.

Technology & Communications

financial technology

Credorax, a payment processing and fraud prevention company, has raised $40 million in funding from FTV Capital, which participation from existing shareholders including Blumberg Capital and Mobile Internet Capital. This brings the company’s investments to nearly $100 million.

network infrastructure software

Globecomm Systems (Nasdaq: GCOM), a provider of satellite-based managed network solutions, is being acquired by Wasserstein & Co. The deal is valued at approximately $340 million, or $14.15 per share. The purchase price represents a premium of 22 percent over the closing price on January 14, 2013, the day on which Globecomm announced that it would be reviewing potential strategic alternatives to enhance shareholder value.

network infrastructure software, networking infrastructure technology

Finland-based Sensinode, a provider of software products for embedded Internet applications, has been acquired for an undisclosed amount by ARM Holdings (LSE:ARM). Included in Sensinode’s offerings is NanoStack, a communication protocol stack software for IP-based wireless sensor networks,  NanoRouter, a border router software solution, NanoService, a solution that offers embedded Web services for the constraints of machine-to-machine (M2M) deployments, and NanoService Platform, a backend management platform to enable the deployment of M2M systems.

Information & Business Services

bpo

OmniForce, an athletic event production company, has raised an undisclosed amount of equity funding from Bregal Partners. OmniForce’s services include participant marketing and event publicity, participant training and fundraising support, sponsorship sales, and event planning and logistics.

bpo

Property Claims Services, a provider of loss adjusting and claims handling services to the property and casualty insurance market, has been acquired by VeriClaim, a subsidiary of T&H Global Holdings. No financial terms were disclosed. T&H is a portfolio company of Flexpoint Ford.

fulfillment

CableNet Services Unlimited, a provider of cable fulfillment services, has been acquired by Resilience Capital Partners. The purchase is the first add-on acquisition by Aero Communications, which Resilience Capital purchased in October 2012. No financial terms were disclosed.

healthcare

Canada-based ReaEvolution, a company specializing in the development of medical charting and clinical decision support solutions for pre-hospital and emergency care, has been acquired by Canada-based Logibec Groupe Informatique, an OMERS Ventures portfolio company offering a number of IT solutions for the healthcare industry. ReaEvolution’s products will further enhance the advantages of Logibec’s Emergency Department Information System by adding solutions for medical charting and clinical decision support. Terms of the deal were not disclosed.

hr information

GuideSpark, a digital employee communications company, has raised $5 million in funding led by Storm Ventures, with participation from IDG Ventures.

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.

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

%d bloggers like this: