Daily Deal Activity 11/06/13

Digital Media/Commerce

classifieds/auctions/p-to-p

RadPad, a photo-based mobile rental marketplace that enables property owners and renters to list and find rentals, has raised $0.8 million in seed funding led by Deep Fork Capital, the first backers of Trulia.

mobile content/apps, social media/apps

Mobli Media, an Israel-based mobile photo and video sharing platform, has raised $60 million in funding led by América Móvil. The company had previously raised approximately $28 million, $22 million of which came from private investors.

social media/apps

Social relationship platform Sprinklr has raised $17.5 million in Series C funding from return backers Battery Ventures and Intel Capital. This brings the company’s total amount of money raised to date to $37.5 million.

Digital Advertising

vertical search, digital promotion/coupons

Zomato Media, an India-based company providing a restaurant search engine, has raised $37 million funding at a $165 valuation in led by Sequoia Capital, with participation from Info Edge (India) (BSE:532777). The company also operates as a marketing engine for restaurants through promotions and advertisements on the Website.

Marketing Technology

crm

Gainsight, a provider of customer success management solutions, has raised $20 million in Series B funding from Summit Partners and return backer Battery Ventures. Gainsight’s tools enable customer-driven enterprises to proactively manage retention, reduce unexpected churn, and identify upsell opportunities using customer intelligence and automation.

market research software

GeoPoll, a mobile survey platform provider, has raised $6.6 million in Series A funding from unnamed investors. This brings the company’s total investments to $11.6 million.

social technology

Tailwind, a developer of a Pinterest analytics and marketing platform that helps brands understand how they’re being discussed on the site, has raised $1 million in seed funding from i2e, Seedstep Angels, and others.

Technology & Communications

data storage technology

Terascala, a provider of storage software and systems, has raised an undisclosed amount of funding co-led by Ascent Venture Partners, Harborlight Capital Partners, and Thomas Weisel Partners. The company also secured venture debt financing from Bridge Bank.

financial technology

Betable, a platform that enables developers to legally offer real-money play in their own games, has raised $18.5 million in funding led by Venture51, with participation from return backers Greylock Partners and Founders Fund.

software-defined networking

Primary Data, a company offering software-defined data center technologies, has raised $50 million in Series A funding led by Accel Partners, with participation from Battery Ventures, Pelion Venture Partners, Lightspeed Venture Partners, and Wing Capital Group.

Software

erp

Imaging Solutions, a full service provider of enterprise content management solutions, has been acquired by Databank IMX, a portfolio company of Svoboda Capital Partners providing outsourced imaging and information solutions, including document scanning, indexing, physical and electronic document storage, and software to manage information. Terms were not disclosed.

healthcare

Passport Health Communications, which offers data, analytics, and software in the U.S. healthcare payments market, was acquired for $850 million by information services company Experian (LSE:EXPN), which provides data and analytical tools to organizations. Sellers are Spectrum Equity Investors and Great Hill Partners, which acquired a majority interest in 2008 for $232 million. Experian’s purchase values Passport Health Communications at 7x revenue and 28.3x EBITDA based on 2013 expected financials.

healthcare, social technology

ShapeUp, a provider of clinically-proven social networking and incentives-based employee wellness programs, has raised $5 million in equity funding from Cue Ball Capital and Excel Venture Management. The company also secured $2.5 million in venture debt from Silicon Valley Bank.

security

IID (Internet Identity), a provider of shared cyber intelligence solutions, has raised $8 million in Series A funding from Bessemer Venture Partners.

Information & Business Services

market research

Germany-based Impacore, which offers performance ratings for multinational companies, has sold a majority equity stake in Germany-based private equity firm BayBG. Impacore offers performance rating services for individual projects and portfolios, IT and HR consultants, IT providers, law firms, accounting firms, engineering firms, EPC consultants, and other professional service providers. Terms of the deal 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: