Daily Deal Activity 10/23/13

Digital Media/Commerce

mobile content/apps

Applauze, (fka 955 Dreams), an iOS app that presents users with thousands of events happening every day, across 41 U.S. cities and 5 in Canada, has raised $7.2 million in funding led by True Ventures. The team behind Applauze tailors an individual experience for each user depending on their location, preferences, taste, social connections, and many other factors.

mobile content/apps

Mobiles Republic, a syndicator of news apps for mobile devices, has raised $6 million in Series B funding led by Intel Capital, with participation from XAnge Private Equity and Creathor Venture. News Republic, which serves up mainstream, general-interest news, is Mobiles Republic’s primary app. Its other offerings include niche-news apps for sports, women’s lifestyle, technology, and gaming.

social media/apps

LookFlow, a startup that operates an online platform that enables people to find, explore, collect, and share all kinds of things they’re interested in, has been acquired by Yahoo (NasdaqGS:YHOO). The company will be joining the FLickr, which offers an online photo management and sharing application. Terms were not disclosed.

social media/apps

Plasmyd, a peer review and discussion service for research papers, has been acquired for an undisclosed amount by Academia.edu, a social networking platform for academics. Plasmyd’s algorithms help determine and distinguish the experts in the field and weigh their reviews accordingly. It aims to give scientists an incentive for sharing their peer reviews. Plasmyd has raised $17.7 million to date in funding.

Digital Advertising

digital promotion/coupons

Social saving platform BoostUp, which offers its members with incentives and financial “boosts” from its partners, has raised $1 million in funding led by Detroit Venture Partners, with participation from Cornerstone Opportunity Partners, IncWell, and an individual investor.

search marketing

Qlika, a startup based on patent-pending technology that enables advertisers to manage and optimize their campaigns for each local market, segment, and media channel, has raised $1.7 million in seed funding from a group of investors that included Hillsven Capital. With its new funding, Qlika plans to expand its current staff of 10 and begin applying its solution to new verticals, beginning with the travel and automotive industries, and eventually adding retail.

Marketing Technology

sfa/lead management

BigMachines, a provider of cloud-based software to help companies with complex sales transactions, has been acquired for more than $400 million by Oracle (NYSE:ORCL). Oracle plans to combine BigMachines cloud services with its own various enterprise cloud services to create a more comprehensive service. BigMachines generated $58 million in 2012, and is on track to nearly double that to about $100 million in 2013.

social technology

SoCoCare, which offers customer care applications and technologies for powering cloud contact centers, has been acquired for an undisclosed amount by cloud contact center software company Five9. The combination of Five9 and SoCoCare brings the social and mobile channel to the contact center, enabling organizations to treat requests for customer service or support from social and mobile similarly to incoming phone calls.

Traditional Media

consumer book publishing

Neumann Press, a publisher of many Catholic children’s books and new editions of favorite out-of-print Catholic readers, history books, novels, and story books, was acquired by TAN Books, a division of Saint Benedict Press that has published more than 600 books distinctive for their preservation of the traditional literature of the Roman Catholic Church. Terms were not disclosed.

Technology & Communications

cloud computing technology

Gravitant, which develops enterprise cloud-brokerage and management software, has received a $10 million Series B investment led by new investor Corsa Ventures, with participation from S3 Ventures. The company plans to put the financing toward sales and marketing and development of new features for its software for new customer segments.

communications software

Cureatr, which offers mobile, secure communications applications for healthcare providers, has raised a $5.7 million Series A funding round co-led by Cardinal Partners and Milestone Venture Partners, with participation from JMI Services and the Partnership Fund for New York.  Cureatr already has a number of large customers, including Mount Sinai and DaVita HealthCare Partners, a major operator of dialysis clinics.

networking equipment

Aurora Networks, a developer and manufacturer of optical transport and access network solutions, has been acquired by Pace (LSE:PIC) for $310 million. Aurora will operate as a strategic business unit of Pace, leveraging its common services, while retaining the Aurora brand. The transaction values Aurora Networks at 1.4x revenue and 10.3x EBITDA based on LTM financials as of March 31, 2013.

network infrastructure software

Malaysia-based mobile network optimization specialist Aexio, was acquired by France-based InfoVista, a developer of software that monitors, analyzes, and reports on the performance and quality of service of information technology infrastructure. Terms were not disclosed.


application management

Microsoft (NasdaqGS:MSFT) has acquired Apiphany, an API management company that it will integrate with Windows Azure. The company’s API management and delivery solutions enable organizations to leverage the mobile, social, and app economy. Terms were not disclosed.


Bunkspeed, a provider of design visualization tools, was acquired by Germany-based Realtime Technology (XTRA:R1T), which provides 3D visualization software, consulting, and creative services to automotive, aerospace, transportation, lifestyle, and industrial equipment industries. Bunkspeed will continue to operate under the same name as a wholly owned subsidiary of Realtime Technology. Terms were not disclosed.


The medical billing and practice management assets of Camber Health Partners have been acquired by MedTech National. Camber Health Partners delivers EHR technology and revenue cycle management services to healthcare providers via a model that supports the business needs of the independent practice. Terms of the deal were not disclosed.


Bromium, a provider of a micro-virtualization technology has raised $40 million in new funding for technology that minimizes the security risk of employees previewing unknown email attachments or taking other potentially dangerous actions while they’re at work. The Series C round was led by Meritech Capital Partners and included participation from current investors Andreessen Horowitz, Ignition Partners, Highland Capital Partners, and Intel Capital. This brings Bromium’s total funding to more than $77 million.

software developer tools

Keen IO, which offers tools via an API that developers can use to build their own analytics products, has raised $2.35 million in additional seed funding led by Amplify Partners and Rincon Venture Partners. Pelion Venture Partners also invested, as did previous backers 500 Startups, XG Ventures, and individual investors. The company previously raised $0.75 million in seed funding. 

About Petsky Prunier
Petsky Prunier is one of the leading investment banks to the technology, media, marketing, eCommerce, and healthcare industries. Our firm's merger and acquisition and private placement 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. We offer global reach supplemented through our partnerships in China and India. Securities transactions are processed through Petsky Prunier Securities LLC, a member of FINRA, and an affiliated entity.

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