Daily Deal Activity 02/21/14

Digital Media/Commerce

ecommerce, local search

ClubLocal, which provides a platform to book and buy household services, has raised $10.7 million in funding led by Groupon (Nasdaq:GRPN), which operates a local commerce marketplace that connects merchants and consumers. The company intends on using the funds to expand its geographic presence and its network of independent professional service providers, as well as accelerate the introduction of features to its online and mobile booking and transaction platform.

mobile content/apps, social media/apps

Israel-based Magisto, which provides a Web and mobile a Web application that automatically analyzes the unedited videos uploaded and assembles them into a single clip to be shared, has raised $2 million in funding from Russia-based online communications provider Mail Ru Group (LSE:MAIL). The new capital raised will be used to accelerate growth. The company has raised $20.5 million in funding to date.

mobile content/apps

India-based On Time Technologies, which offers a taxi booking application “TaxiPixi”, has raised an undisclosed amount of funding from mobile phones manufacturer Celkon Mobiles. The new capital raised will be used to expand its operations in India and Malaysia.

mobile content/apps

SoundFocus, which develops an application that automatically adjusts music based on a user’s hearing pattern and compensates for sound frequencies for those with impaired hearing, recieved $1.7 million in seed funding from Kapor Capital, Y-Combinator, Ovo Fund, RTA Capital, Vegas Tech Fund, and individual investors. The application is compatible with both the iPhone’s built-in music library and tracks streamed down from Spotify.

social media/apps

Social community Hubub, which provides users with a discussion platform, has raised $8.5 million in Series A funding from private investors. With the funding Hubub will launch its mobile client.

Digital Advertising

mobile marketing

Australia-based Moko Social Media, which provides mobile social advertising, has raised $8 million in funding led by private investors. The investment will be used to expand its operations in the U.S.

Marketing Technology

content management

Bigtincan, which is a provider of mobile content distribution solutions, received $5 million in Series A funding led by Southern Cross Venture Partners. The new capital raised will enable the company to increase the adoption of its platform.

sem/seo tools

iSearch Media, which provides search engine marketing services for businesses, was acquired by digital marketing agency 3Q Digital, which offers a range of search engine marketing (SEM) and optimization (SEO) solutions, as well as pay-per-click (PPC) campaign design and management. With the acquisition of iSearch Media, 3Q Digital will extend its digital marketing capabilities to better serve the needs of their performance advertisers. Terms were not disclosed.

Technology & Communications

big data technology, analytics & reporting

BlueTalon, which enables companies to analyze information from both internal and external databases, has raised $1.5 million in funding from Data Collective. With the new funding, BlueTalon  will expand its offerings and further develop its products.

financial technology, mobile technology

India-based Ezetap, which provides mobile point-of-sales payment services, has raised $8 million in Series B funding led by Helion Advisors, Social+Capital Partnership, and Berggruen Holdings. The new capital raised brings the company’s total funding to $11.5 million. The company will use the funding to expand in Asia-Pacific, the Middle East, and Africa.

financial technology, mobile technology

Norway-based mobile payment startup mCash, has raised $7 million in Series A funding led by Northzone and Entrée Capital. The company intends on using the funds to launch and deploy mCash in Norway and internationally.

virtualization technology

Unidesk, which designs, develops, and markets virtual desktop management solution, has raised $10.2 million Venture funding led by private investors. The company has raised $31.3 million in funding to date.

Software

security software

Espion International, which develops and deploys artificial intelligence-based solutions for email portals and network security, was acquired by unified threat management solutions and hardware provider VersAi.  Terms were not disclosed.

security software

UK-based cybersecurity company Spider.io, which enables advertisers to identify fraudulent clicks, was acquired by Google (Nasdaq:GOOG). The acquisition will enable Google to identify suspicious behavior around the company’s content in video and display advertisements on the Web. Terms were not disclosed.

Information & Business Services

healthcare information

Treo Solutions, which provides an online database of healthcare costs and analytics for healthcare providers and government agencies, was acquired by diversified technology company 3M (NYSE:MMM). The acquisition will allow 3M to extend real-time data analytics and payment redesign worldwide. 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: