Daily Deal Activity 09/03/13

Digital Media/Commerce

ecommerce

Combat Gent, an online custom men’s fashion store, has raised $1.84 million in seed funding from investors that include Greycroft Partners, VegasTechFund, Blazer Ventures, MHS Capital, and Naxuri Capital.

ecommerce

Vestiaire Collective, a France-based online market place for secondhand luxury fashion goods, has raised $20 million in Series C funding. Condé Nast and Idinvest were joined by return backers Balderton Capital and Ventech.

ecommerce

India-based Omnipresent Retail, a company engaged in the online retail of books, electronics, organic food, music, and DVDs, has raised $0.6 million in funding from C Cube Angels, an investment firm based in Singapore.

niche content

Ireland-based WorldIrish.com, which owns and operates Diaspora sites, has been acquired by IrishCentral.com, a website that offers content feeds, social media, and eCommerce offerings. Terms were not disclosed.

Digital Advertising

digital video

Viki, a community-powered video streaming site that allows users to watch TV and movies in their own language, was acquired for $200 million by Japan-based Rakuten (JASDAQ:4755). Viki had raised approximately $24 million in funding from Greylock Partners, Andreessen Horowitz, Charles River Ventures, SK Planet, and Neoteny Labs.

email services

India-based Valueleaf Services, a company delivering bulk SMS and email marketing services, has been acquired by financial research firm CapitalVia Global Research. Founded in 2006 as an enterprise mobile messaging company with a team of two, Valueleaf has increased its team size to over 50 people. Terms of the deal were not disclosed.

vertical search, ecommerce

London-based event data company Lanyrd and Argentina-based ticketing company Eventioz, have been acquired by self-service ticketing platform Eventbrite for an undisclosed amount. Lanyard has raised a total of $1.4 million in seed funding from Index Seed and angel investors, while Eventioz has raised $1.5 million from Kaszek Ventures.

Marketing Technology

social technology

Singapore-based EK Media, a developer of management and customization tools for online social media campaigns, has been acquired for $0.9 million by Singapore Post, which operates and provides postal and logistics services in Singapore and internationally.

social technology

Lithium Technologies, a provider of social customer experience solutions for the enterprise, has raised $50 million in fifth-round funding. The deal was led by an undisclosed “syndicate of global institutional investors,” plus return backer New Enterprise Associates. The company previously raised around $92 million.

Agency & Marketing Services

ad specialty/premiums

McNally Capital has purchased AIA Corp., a provider of promotional products and corporate apparel, from The Riverside Company. No financial terms were reported. Since 2009 the company has doubled its total franchisees and sales affiliates, and for the entire Riverside hold period, AIA’s employee headcount increased 36 percent.

digital agency

UK-based Candyspace Media, which operates as a mobile and multichannel digital agency, has sold a minority stake to Tenthavenue, a WPP (LSE:WPP) company offering online, mobile, experiential, and out-of-home communications services. Candyspace Media, which employs 25 people, offers strategy and planning, user experience, design, development, testing, analytics, and campaign management.

Technology & Communications

cloud storage, data storage technology

Datto, which provides both local and cloud-based data backup and continuity services, has raised $25 million in its first round of venture capital financing, led by General Catalyst Partners. Datto’s solutions include instant virtualization, cloud backup, advanced hardware, security, data centers, and upgrades to existing hardware devices.

network infrastructure software

Actix, a UK-based provider of provider of mobile network optimization software, is being acquired by Amdocs (NYSE: DOX), a customer experience systems innovator, from Summit Partners. The deal is valued at $120 million in cash.

telephone equipment, processing & transmission equipment

Microsoft (NasdaqGS:MSFT) has agreed to acquire Nokia’s (HLSE:NOK1V) Devices & Services Business for nearly $7.2 billion. This is Microsoft’s second-largest acquisition, behind its $9.1 billion deal for Skype in 2011 and ahead of its $6.1 billion deal for aQuantive in 2007. Nokia’s Devices & Services Business comprises devices and services business which include mobile phone handset manufacturing, license Nokia’s patents, and license and use Nokia’s mapping services. The unit reportedly accounted for $19.6 billion of Nokia’s total $40 billion in revenue for 2012.

Software

erp

CombineNet, a provider of e-sourcing solutions that help with cost-effective, collaborative sourcing of direct materials, indirect materials, services, transportation, and packaging spend categories, has been acquired for $43 million by SciQuest (NasdaqGS:SQI), which offers cloud-based business automation solutions for spend management.  SciQuest expects CombineNet to generate approximately $1 million of non-GAAP revenues per month during the remainder of 2013.

healthcare

QuantiaMD, a provider of physician relationship management solutions, has raised $10 million in Series B funding. Safeguard Scientifics led the round with a $7.5 million investment, and was joined by return backers like Fuse Capital. Quantia’s cloud-based platform enables doctors to communicate with the various other players involved in health-care delivery, including pharmacies, and insurance companies.

infrastructure

Loggly, a provider of a cloud-based machine data collection and analysis tools, has raised $10.5 million in funding from Trinity Ventures, True Ventures, Matrix Partners, Cisco Systems (NasdaqGS:CSCO), and Data Collective. This brings the 23-person company’s total investments to $20.9 million.

security, network infrastructure software, big data technology

Australia-based Packetloop, a dig data security analytics platform that allows companies to analyze network packet captures for threats and anomalies, has been acquired for an undisclosed amount by Arbor Networks, which offers DDoS (Distributed Denial of Service) attack protection, DDoS DoS mitigation, network security, and visibility solutions.

security

Switzerland-based KeyLemon, a developer of voice and facial recognition-based user authentication solutions, has raised $1.5 million in Series A funding from Debiopharm Investment and Swisscom Ventures.

software development tools

Electric Cloud, a provider of software delivery acceleration solutions, has raised $8 million in funding led by Siemens Venture Capital, with participation from return backers U.S. Venture Partners, Mayfield Fund, RRE Ventures, and Rembrandt Venture Partners.

software development tools

France-based moTwin (fka Mootwin), which offers a real-time context-aware mobile middleware platform for high-performance applications, has raised $2.7 million in funding led by Sigma Gestion, with participation from return backers Seventure Partners and Naxicap Partners. moTwin enables enterprises to develop, deploy, and operate mobile applications for customers with user friendly features.

Information & Business Services

bpo

Marketlink, which provides outsourced telemarketing services for agriculture, financial service, insurance, manufacturing, cable television, medical and pharmaceutical, publishing, technology, and telecommunication industries, has been acquired by contact center and BPO services firm Allied Global. With the addition of Marketlink, Allied Global has over 6,000 employees, 19 contact centers in four countries offering services in several languages. Terms were not disclosed.

hr information

South Africa-based Global Remuneration Solutions, a compensation and benefits survey data and rewards information provider, has been acquired for an undisclosed amount by human resources consulting, outsourcing, and financial advisory services firm Mercer.

it consulting/systems integration

Grant Thornton has acquired the Oracle consulting business of MarketSphere. The acquisition brings to Grant Thornton more than 160 consultants who provide business process and technology consulting services to mid-market organizations across the U.S. Terms were not disclosed.

market research

Brazil-based Mindset Communicaco e Marketing, an advisory agency dedicated to research and analysis of future and current consumer behavior, has been acquired by UK-based trend forecasting services firm Worth Global Style Network. The agreement will provide Mindset access to WGSN’s infrastructure, wider global markets, and their expertise in technology, content, operations and customer excellence. Terms were not disclosed.

staffing

Joule, a company offering staffing, engineering, and industrial contracting services to businesses, has been acquired by System One Holdings, which provides technical outsourcing solutions to energy, oil and gas, renewable, engineering, information technology, commercial, legal, and scientific sectors. Terms were not disclosed.

Other

retail, wholesale, ecommerce

Yankee Candle, a designer, manufacturer, wholesaler, and retailer of premium scented candles, has been acquired by Jarden Corporation (NYSE:JAH), which provides of a diverse range of consumer products with a portfolio of over 120 brands. The company was purchased from a fund managed by Madison Dearborn Partners for approximately $1.75 billion in cash, subject to working capital and other adjustments. Madison Dearborn had acquired the company in 2006 for $1.4 billion.

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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