Daily Deal Activity 10/04/13

Digital Media/Commerce

ecommerce

France-based 1855 (ENXTPA:185NR), an online wine retailer, has raised $0.8 million in funding from France-based Aphrodite, a holding company offering online wine distribution services. The round also included participation from institutional shareholders.

social media/apps, mobile content/apps

Australia-based Jumbuck Entertainment (ASX:JMB), which provides social media applications for mobile devices, has raised $2.83 million in a private placement round of funding from a number of investors including members of the company’s board.

vertical search

Canada-based Scoop Media (OTCBB:SOOP), which focuses on developing a website that provides information and reviews of various online dating sites, has sold a 68.8 percent equity stake for $0.6 million to investment holding company Xpress Group (SEHK:185). In addition to offering reviews of dating websites, Scoop Media covers the membership makeup of the site, costs associated with using the site, promotions or specials the Web site is offering, the search features available to users of the site, and whether the site offers a mobile application.

Marketing Technology

commerce management

Tulip Retail, a Canada-based provider of cloud-based retail software, has launched with $2.4 million in funding led by SoftTech VC, with participation from Founder Collective, BoxGroup, Lerer Ventures, iNovia, Promus Ventures, KIMA Ventures, and individual investors. By pulling product, customer, and transactional information into a single, cloud-based hub, Tulip lets retailers provide consistent consumer experiences across their stores, website, and mobile storefronts.

mobile technology

Think Mobile (dba GiftSender), an iOS and Android app that lets people purchase, send, redeem, or swap a gift card or money on a mobile device, was acquired by Ubiquity Broadcasting (OTCBB:UBIQ), an emerging broadcasting and media technologies company that owns a portfolio of intellectual properties relating to Internet, social media, and cloud-based applications. Terms of the deal were not disclosed.

online targeting/optimization

IRIS.TV, a company that provides solutions for personalizing content distribution, has raised $1.7 million in seed funding from angel investors. The company manages, targets, analyzes, and monetizes content for publishers, advertisers, and content owners via IRIS.TV, which personalizes content flow, indexes metadata, and activates user behavior.

social technology

Pursway, which provides influencer marketing management solutions, has raised $7.2 million in funding from Battery Ventures and Globespan Capital Partners. Pursway’s technologies offer social network analysis, social lead, social influence, retention and churn prevention, customer acquisition, and cross-sell and up-sell solutions. Pursway serves telecommunications, retail, travel and entertainment, and financial services sectors.

Technology & Communications

cloud storage

Loom, a personal photo and video cloud storage solution, has raised $1.4 million in first round of funding from Google Ventures and Tencent Holdings.

data storage technology

MongoDB (fka 10gen), which develops databases for various solutions such as big data, content management and delivery, mobile and social infrastructure, user data management, data hub applications, has raised $150 million in funding from New Enterprise Associates, Sequoia Capital, Red Hat (NYSE:RHT), Salesforce.com (NYSE:CRM), Intel Capital, and Altimeter Capital Management. MondoDB has now raised more than $220 million in funding.

financial technology, mobile technology

Australia-based e-pay Asia (ASX:EPY), an electronic payment service provider offering top-up options for pre-paid mobile phone users, is being acquired for $41.5 million by GHL Systems (KLSE:GHLSYS), which offers in-house software programs in the Philippines, Malaysia, Thailand, China, and Australia. The deal gives e-pay Asia an enterprise value of $34.2 million, and a valuation of 3.1x revenue and 8.9x EBITDA.

financial technology, mobile technology

Russia-based RocketBank, a developer of mobile applications that offer banking services, has raised $2 million in funding from new investor Runa Capital. RocketBank’s services including free card loading and cash withdrawal at any ATM worldwide, money transfers, expenditure analysis, a discount guide, application support, and an air miles program.

Software

application management, security

OneLogin, a provider of identity management and single sign-on for cloud applications, has raised $13 million in Series B funding led by The Social+Capital Partnership, with participation from return backer Charles River Ventures.

erp

Service Repair Solutions, which provides information solutions for the automotive service and repair industry, is being acquired by Solera Holdings (NYSE: SLH) from Welsh Carson Anderson & Stowe. No financial terms were disclosed.

healthcare

PACSGEAR, a provider of connectivity solutions for healthcare providers to capture, manage, and share medical images and related documents, was acquired by Lexmark International. PACSGEAR will report into Lexmark’s Perceptive Software, which is a provider of enterprise content management software. Terms were not disclosed.

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: