Daily Deal Activity 12/12/13

Digital Media/Commerce

ecommerce, social media/apps

Boomerang, a consumer social gifting application that helps email and social media marketers run innovative social gifting campaigns, was acquired by Groupon (NasdaqGS:GRPN), an operator of a local commerce marketplace that connect merchants and consumers. Terms were not disclosed.


Encore Tickets, a UK-based theater and attractions ticketing agency, was acquired by ECI Partners from ISIS Equity Partners. Terms were not disclosed.


Shopify, an eCommerce platform for creating and powering online stores, has raised $100 million in Series C funding co-led by OMERS Ventures and Insight Venture Partners, with participation from Bessemer Venture Partners, FirstMark Capital, Georgian Partners, and Felicis Ventures. The investment brings the company’s total funding to $122 million.


Raise, a company that provides an online gift marketplace, has raised $18.1 million in funding led by private investors.

mobile content/apps

Bitstrips, a Canada-based company whose mobile application enables users to communicate through comic strip that the user designs, received an undisclosed amount of funding led by Horizons Ventures. The funding will be used to further develop the application.

Digital Advertising

affiliate/cpa Network

UK-based Quick Think Media, a company providing online cost-per-acquisition advertising services, was acquired by Gaming Realms, a developer of interactive online gaming products, for $3 million.

vertical search

TrueCar, a publisher of real-time new and used vehicle transaction data, has raised $30 million in new funding led by Vulcan Capital. The company previously raised $320 million in equity and debt funding

Marketing Technology

commerce management

Newgistics, a provider of eCommerce solutions and services for brands and retailers, was acquired by private equity firm LittleJohn & Co. Terms were not disclosed.

media management system

QuikIO, a cross-platform video streaming startup, was acquired by Yahoo!. Terms were not disclosed.

mobile technology, social technology

Rancard, a Ghana-based provider of social recommendations technology for mobile content and services, has raised an undisclosed amount of funding led by Peninsula Capital, with participation from Intel Capital and Adlevo Capital.

online targeting/optimization

Insightera, a real-time personalization platform for websites and mobile applications, was acquired by Marketo, a provider of a cloud-based marketing software platform for engaging customer relationships, for $20 million, of which $6 million was in cash.

online targeting/optimization

Simpli.fi, a demand side platform for search marketers, has raised $16 million in Series B funding led by Frontier Capital. The company has raised a total of $22.3 million in funding. The investment will be used to expand the company’s sales and marketing efforts and continue the development of its advertising technology platform.

social technology, content management

JustGo, a UK-based platform for social media publishing and audience management, has raised $1.7 million in funding led by Rosemont Group Capital Partner.  The investment brings the company’s total funding to $2.4 million.

Traditional Media


Hip-hop and R&B radio station KDAY 93.5 FM, was acquired by Meruelo Media, a media company serving Latinos. Terms were not disclosed.

Technology & Communications

financial technology

Coinbase, a provider of “wallets” for digital currency, has raised $25 million in Series B funding led by Andreessen Horowitz, with participation from Union Square Ventures. The investment brings the company’s total funding to $31.7 million.

financial technology, mobile technology

Digital wallet technology company Lemon, which offers mobile money management apps, was acquired by LifeLock (NYSE:LOCK), a provider of identity theft protection services for consumers for $42.6 million, with a revenue of $1 million. The acquisition will expand LifeLock’s mobile capabilities, which will allow the company to launch a consumer wallet application.

financial technology

Quovo, a financial technology company with an online platform that provides investors with portfolio analytics and data management tools, has raised $1.4 million in Series A funding led by Long Light Capital. The funding will be used to accelerate the development and distribution of its platform.


application management software, security software

Mocana, a systems software company providing device management solutions and embedded security tools, has raised an undisclosed amount of funding led by GE Ventures, with participation from Shasta Ventures, Southern Cross Venture Partners, Symantec, and Trident Capital. The company has raised $50 million in funding to date.

security software

Norse, a provider of Internet security intelligence and payments products for all industries, has raised $10 million in Series A funding led by Oak Investment Partners. The funds will allow the company to expand and further develop its engineering, product development, and sales and marketing.

Information & Business Services

it consulting/systems integration

C3 Consulting, a domestic agricultural technology solutions provider, was acquired by positioning products maker Trimble Navigation (NASDAQ:TRMB). Terms were not disclosed.

it consulting/systems integration

Easynet, a UK–based provider of managed networking, hosting, and cloud integration services, has sold a majority stake to MDNX Group, a provider of managed networks and cloud computing infrastructure services from LDC. LDC will reinvest to hold a minority stake in Easynet alongside MDNX. Terms were not disclosed.

management consulting

KLMK, a provider of facility consulting, project advisory, and facility activation solutions to the healthcare industry, was acquired by CBRE Group (NYSE:CBG), an operator of commercial real estate services. Terms were not disclosed.


mobile technology, analytics & reporting, social technology

Kontagent, a maker of social analytics technology for mobile devices, has agreed to merge with PlayHaven, a relationship management and monetization solutions for mobile game developers. 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.

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