Daily Deal Activity 09/26/13

Digital Media/Commerce

ecommerce

Fashion eCommerce subscription company JustFab has raised $40 million in Series C funding led by Hong Kong-based Shining Capital Management, with participation from return backers Matrix Partners, Rho Ventures, Technology Crossover Ventures, and Intelligent Beauty. Last month, JustFab acquired ShoeDazzle, and its total investments have reached $149 million.

mobile content/apps

Shopular, a mobile deal-finding application, has raised $6.4 million in Series A funding led by Sequoia Capital. The startup had previously raised a seed round from Y Combinator and other angel investors. The company uses its proprietary technology to source deals, which it then combines into a deals database.

mobile content/apps

Burner, an app that lets users create and manage multiple phone numbers for their voice and text communications, has raised $2 million in seed funding led by Founder Collective and Venrock.

niche content

Health advice portal VitaPortal, which raised a $2 million Series A last October from Prostor Capital and Esther Dyson, has merged with ZdorovieOnline.ru, a smaller medical platform and electronic medical records portal, backed by Runa Capital. Terms were not disclosed.

Marketing Technology

content management, analytics/reporting

LeadPages, a provider of landing page and other website-focused customer lead generation and conversion solutions, has raised $5 million in funding led by Foundry Group, with participation from Arthur Ventures. The funding will help the company expand its service that provides customers with landing page templates powered by a data analytics engine.

crm, mobile technology

DoubleDutch, a mobile events application platform for the enterprise, has raised $10 million in Series C funding led by Bessemer Venture Partners, with participation from return backers Floodgate Fund and Bullpen Capital.

social technology mobile technology

iPowow!, a real-time, interactive platform accessed via the Internet and on mobile devices enabling broadcasters, TV producers, and advertisers to engage their viewers, consumers, and target audience, has raised $3 million in funding from Difference Capital Financial (TSXV:DCF).

search & discovery

Swiftype, which develops search software for the next generation of Websites and applications, has raised $8.7 million in funding, according to a regulatory filing. Seed backers had included New Enterprise Associates, Andreessen Horowitz, Kleiner Perkins, and Ignition Partners.

search & discovery

Unsilo, a semantic search startup founded by early Siri employee Mads Rydahl, has raised $1 million in funding from Oei and Scale Capital.

sfa/lead management

Revenew, a channel marketing platform that leverages an integrated mix of digital, social, and direct marketing tools to generate sales and brand momentum, has raised $4.5 million in funding, according to a regulatory filing. Backers include Allos Ventures and TGap Ventures.

Technology & Communications

cloud computing technology, security software

BetterCloud, a provider of enterprise cloud management and security software for Google Apps, has raised $6 million in Series B funding led by Flybridge Capital Partners, with participation from return backers Greycroft Partners, TriBeCa Venture Partners, Bear Creek Capital, Hallett Capital, and BLH Venture Partner.

financial technology

Braintree Payment Solutions, which provides credit card payment processing solutions for businesses in the United States and internationally, is being acquired for $800 million by online payment services provider Paypal. Braintree will continue to operate as a separate service within PayPal. Analysts estimate Braintree’s revenue to be around $100 million to $150 million a year.

Software

application management

SaaSID, which provides organizations with a single point of control over employees’ access to cloud services and applications, minimizing the risk of unauthorized access to sensitive data, has been acquired by Intermedia, a cloud IT services and business applications provider. Terms were not disclosed.

collaboration

Academia.edu, a platform for academics to share research papers, has raised $11.1 million in funding led by Khosla Ventures, with participation from Spark Capital and True Ventures.

healthcare. mobile content/apps,

OnTrack Diabetes, an application to help diabetics manage their diabetes, was acquired by Medivo, a healthcare technology company engaged in bringing personalized medicine into practice in the areas of preventive and therapeutic care. The acquired app helps physicians coordinate patient care and can be recommended to monitor key clinical changes between office visits.

healthcare

Predilytics, a predictive analytics company that analyzes health data and provides data-as-a-service for healthcare companies, has raised $4.5 million in funding led by Foundation Medical Partners. A year ago, the company reported raising $6 million in a Series A round led by Flybridge Capital Partners and Highland Capital Partners, with participation from Google Ventures and several angel investors.

healthcare

Aventura HQ, a provider of awareness computing solutions for hospitals, has raised $4.3 million in funding from return backers that included Clarion Direct Investment, Excel Venture Management, HLM Venture Partners, and MemorialCare Innovation Fund.

Information & Business Services

it consulting/systems integration

U.S. Teks, a managed information technology services partner, was acquired for an undisclosed amount by NetGain Technologies, a provider of technical solutions and IT managed services to banking, manufacturing, healthcare, small-medium business, non-profit, and professional services markets. U.S. Teks’ services include data protection, managed services, hardware as a service, hosting services, vendor management, Voice-over-Internet-Protocol, and Business IT Support.

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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