Daily Deal Activity 02/06/14

Digital Media/Commerce

ecommerce, mobile content/apps

Brazil-based food ordering and delivery company iFood, has raised $2 million in funding from Latin American mobile content company Movile, with participation from WH Investments. The company has raised $4.2 million in funding to date and announced its acquisition of rival food delivery platform Central do Delivery. Terms were not disclosed for the acquisition.


Men’s shoe retailer Jack Erwin, has raised $2 million in Series A funding led by Crosslink Capital, with participation from Shasta Ventures and Menlo Ventures. The funds from the round will be used to expand the depth of the company’s shoe collection and build out its online storefront.


Video game developer Double Helix Games, was acquired by online consumers goods retailer Amazon (Nasdaq:AMZN). Double Helix Games was formed in 2007 by the merger of Foundation 9 Entertainment subsidiaries Shiny Entertainment and The Collective. Terms were not disclosed.


India-based Mech Mocha, an operator of a game development studio, has raised an undisclosed amount of funding from CIIE, with participation from a group of angel investors. The company will use the capital to scale up its team, develop and launch products, and also move to overseas markets.

niche content

Australia-based specialty medical writing company ProScribe, providing services to academia, biopharma, and medical device companies, was acquired by Envision Pharma Group, a UK-based technology and scientific communications company. The acquisition of ProScribe expands Envision Pharma Group’s presence and capability within the Asia-Pacific region, and gives the company resources on three continents. Terms were not disclosed.

Digital Advertising

mobile markeitng

Spain-based mobile ad networks provider Mobi Targets, was acquired by Denmark-based adQuota, which offers a mobile advertisement platform. The acquisition will allow adQouta to grow its European presence. Terms were not disclosed.

Marketing Technology

commerce management

Ireland-based Buy4Now Technology, which provides eCommerce solutions for grocery retailers, was acquired by MyWebGrocer, which designs, develops, provides, and manages digital eCommerce and eMarketing solutions to the grocery and consumer packaged goods industries. This transaction builds upon MWG’s earlier acquisition of Buy4Now’s U.S. subsidiary in 2008, and provides MWG the technology platform, personnel, and client base to replicate its business model in Europe. Terms were not disclosed.

content management

Azuki Systems, a provider of a multiscreen video platform for service providers, content owners, and broadcasters, was acquired by Ericsson (Nasdaq:ERIC), a provider of telecommunications infrastructure equipment and services. Azuki Systems extends Ericsson’s TV and media portfolio which includes the recent addition of Mediaroom from Microsoft. Through the acquisition, Ericsson will accelerate the availability of viewing experiences across a variety of devices and screens. Terms were not disclosed.

content management

Docurated, a company that provides a document management platform that transforms file storage solutions into searchable content, has raised $3.8 million in Series A funding led by Rogers Venture Partners. The investment will help the company add sales and marketing resources, as well as hire technical staff members.  The company has raised $5.4 million in funding to date.

content management

FarFaria, a provider of digital children’s books for the IPad, has raised $3.3 million in Series A funding led by Inventus Capital Partners. The investment will be used to continue growing the company’s library and add more devices.

data quality

DataMentors, a provider of data quality and database marketing solutions, has raised an undisclosed amount of funding led by Brook Venture Partners, with participation from Bay Capital and Pride’s Crossing Capital. The company intends on using the new capital raised to expand adoptions of its platform.

mobile technology

Donde, a mobile locator that enables consumers to find the nearest retail location carrying their brands or products, while tracking their activity and engagement with the brand, has raised $1 million in funding led by Mercury Fund, Chicago Ventures, Full Stack, Vine St. Ventures, and individual investors.

social technology

Social engagement and digital marketing platform provider LeadRocket, was acquired by Callidus Software (dba CallidusCloud) (Nasdaq:CALD), which develops and markets enterprise software for $3 million. With the acquisition Callidus Software customers will be able to utilize LeadRocket’s marketing automation services and add social media tools to its cloud marketing offerings.

Technology & Communications

data center technology

SkyTap, which provides cloud-based solutions to develop, test, and deploy Web-based applications, has raised $6.4 million in Series C funding led by OpenView Venture Partners, Ignition Partners, Madrona Venture Group, and Washington Research Foundation. The company plans on using the investment to increase its workforce by bringing on more sales and engineering professionals.


erp software

Computer Guidance Corporation, which is a provider of construction management software for architecture, engineering, and construction companies, was acquired by Explorer Software, which develops, markets, and licenses Internet-based construction accounting application software. Explorer Software will continue to invest in the development and marketing of Computer Guidance construction ERP with strategic focus on business intelligence, mobility and cloud-based solutions. This transaction will further enable Computer Guidance to enhance its core financial and project management applications. Terms were not disclosed.

security software

Interthinx, a company offering fraud detection analytics software to the mortgage industry, was acquired by financial services provider First American Financial Corporation (NYSE:FAF) for $155 million. The acquisition of Interthinx will allow First American Financial to offer their customers further assurances in areas that present risk, including fraud; identity and income validation; collateral adequacy; and compliance.

software development tools

Quadrant Software, a provider of document output management solutions, has acquired a pair of IBM’s software companies: Business Computer Design and Canada-based ExcelSystems Software Development. Terms were not disclosed.

Information & Business Services


Caleris, a provider of outsourced inbound IT support and call center services, which was acquired by INS (Iowa Network Services), which offers a range of telecommunications services. Terms were not disclosed.

healthcare information

Etransmedia Technology, a company providing information solutions to the healthcare industry, has raised $8.3 million in funding led by Praesidian Capital. The company will use the funding to support planned acquisitions to expand the company’s customer base.

printing services

Commercial printing services provider UniGraphic, was acquired by Quad/Graphics, which provides a global printer and media channel integrator. The acquisition strengthens Quad/Graphics’ commercial and specialty printing, in-store marketing, and digital and fulfillment solutions for businesses on the East Coast. The acquisition also strengthens Quad/Graphics’ ability to service national retailers’ large-format and in-store marketing needs, adding an East Coast presence to Quad/Graphics’ existing Midwest and West Coast locations. 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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