Daily Deal Activity 04/30/14

Marketing Technology

bi tools

Indicee, which provides services to business users to consolidate, analyze, and share their business data through a Web-based software-as-a-service platform, was acquired by Dun & Bradstreet (NYSE:DNB), a provider of commercial data, analytics, and insight on business and content. Terms were not disclosed.

commerce management

UK-based Brightpearl, a provider of cloud-based software for multichannel retailers, has raised $10 million in funding led by Quayle Munro, Eden Ventures, and Notion Capital. The company, which has now raised $24.5 million in funding, will use the new capital to develop and promote its technology for managing multi-channel retail sales.

content delivery network

Revenue Frontier, a company that engages in the business of distributing content to the media market, was acquired by advertising and communications services company Havas (ENXTPA:HAV). Revenue Frontier will be integrated into Havas Edge, a vertically integrated full-service direct response agency. In 2013 Revenue Frontier generated $6.2 million in revenue. Terms were not disclosed.

sfa/lead management, mrm/workflow management

France-based Fivia, a provider of software solutions that manage the workflow of major sell-side advertising publishers to maximize the value of their digital advertising inventory, was acquired WideOrbit, a provider of advertising management software for media companies. Terms were not disclosed.

Digital Media/Commerce

ecommerce

Blue Apron, a fresh food and dinner recipe subscription service, has raised $50 million in Series C funding led by Stripes Group, with participation from Bessemer Venture Partners and First Round Capital. The company, which has now raised $58 million in funding to date, will use the new capital for business growth, hiring team members across all divisions, and international expansion.

ecommerce

Russia-based eCommerce company Ozon, which offers books, audio, and video products, has raised $150 million in funding led by AFK Sistema, which currently holds a 10.8 percent stake. Baring Vostok Equity Fund, Index Ventures, Rakuten, Cisco, and Intel Capital also participated in the new round of funding.

mobile content/apps

Mobile application developer Citrrus, was acquired by Yext, a local advertising service that helps businesses synchronize their listings across the Web. The acquisition of Citrrus will enable Yext to enter the mobile market. Terms were not disclosed.

mobile content/apps

Mobile application developer CrowdStream, which connects artists directly with fans and events, was acquired by RadioIO (OTCPK:RAIO), an Internet media platform that provides streamed music to various audiences. With the acquisition, RadioIO plans to expand the offering to more artists and continue to develop additional tools to connect fans and artists. Terms were not disclosed.

mobile content/apps

Mobile application developer Flipps Media, which streams entertainment from a user’s mobile device to TV, has raised $2.4 million in funding led by Earlybird Venture Capital, with participation from individual investors. The company plans on using the new capital to expand its library of premium content.

mobile content/apps, social media/apps

Mobile application developer Trippy, which operates a question-and-answer community, has raised $3.5 million in Series A funding led by Sequoia Capital and True Ventures.

social media/apps

Waggl, a platform for professionals to share ideas collaboratively, has raised $1.1 million in seed funding led by individual investors. The funding will be used for product development, platform enhancement, and global expansion.

Digital Advertising

mobile marketing

Mobile advertising platform Opera Mediaworks, has acquired Germany-based mobile advertising company apprupt. The acquisition will expand Opera Mediaworks’ reach into the German market, as well as enabling apprupt’s existing client base access to additional capabilities. Terms were not disclosed.

online lead generation

BrightWhistle, a company that uses social media to help hospitals with patient acquisition and targeted advertising campaigns, has raised an undisclosed amount of funding led by Eastside Partners, Hamilton Ventures, and individual investors. The company plans on using the new capital to scale operations and build relationships with a larger number of healthcare systems.

online lead generation

Scientific Revenue, a company that helps game developers and publishers increase revenue by improving the yield of paying customers, has raised $2.5 million in funding led by Walden Venture Capital, with participation from individual investors.

Traditional Media

b-to-b media

Suits and Spooks, a limited attendance, information-sharing, and problem-solving forum where technologists, academics, hackers, and business executives meet to learn and discuss digital security challenges, was acquired by SecurityWeek, from Taia Global. Terms were not disclosed.

cable television

EQT Partners, has sold its 95 percent stake in Taiwan-based cable television network Gala Television,to Formosa Plastics Corporation (Taiwan: 1301). Terms were not disclosed.

consumer magazine publishing

Media and creative design solutions provider Lighthouse Media Solutions, has acquired the assets of Rabideau Media Group, which include Cape Cod Magazine, South Shore Living, Chatham Magazine, and Cape Cod Guide. Terms were not disclosed.

digital place-based media

StoreBoard Media, a company that designs, manufactures, and sells indoor advertising billboards, was acquired by sales and marketing agency Advantage Sales & Marketing from Lead Lap Enterprises. Storeboard will continue to operate on its own. Terms were not disclosed.

newspaper publishing

150-year-old newspaper publisher The Oxford Eagle, was acquired by Boone Newspapers and Carpenter Newsmedia. The companies will continue to publish The Oxford Eagle’s website and affiliated publications. Terms were not disclosed.

Technology & Communications

networking equipment

Unified communications solutions company Edgewater Networks, has raised $5 million in debt funding led by Eastward Capital. The company, which has now raised $36 million in funding, will use the new capital to develop new products that will complement its existing portfolio.

software-defined networking

CloudGenix, a startup that virtualizes WAN and securely connects users and hybrid applications, has raised $9 million in Series A funding from Charles River Ventures and the Mayfield Fund. The new round of capital raised will be used to bring the company’s product to market and build out its commercialization technology.

Software

credit/risk management

Aviso, a provider of a software solution that enables executives to manage revenue assets, mitigate risk, and refine forecasts, has raised $8 million in Series A funding led by Shasta Ventures, First Round Capital, Cowboy Ventures, Bloomberg Beta, and individual investors.

engineering software

et alia, a company that develops, sells, implements, and supports innovative construction technologies, was acquired by Kiewit Technology, a provider of real-time data visualization intelligence tools that help connect all facets of construction and engineering operations. Terms were not disclosed.

security software

Performance IP protection software solutions provider Bouju, has raised an undisclosed amount of funding led by Amidi Group.

security software

Enterprise security platform VorStack, has raised $5.2 million in funding led by TechOperators, with participation from EMC Ventures and Aligned Partners. The new capital will be used to scale automation and control platform for enterprise collaboration.

security software

Social cyber security intelligence company ZeroFOX, has raised $10.7 million in Series A funding led by New Enterprise Associates, with participation from Genacast Ventures, Core Capital, and individual angels. The new capital raised will be used for national expansion.

Information & Business Services

it consulting/systems integration

7Delta, a provider of information technology services to the civilian and defense sectors, was acquired by ManTech International (NasdaqGS:MANT), which offers technologies and solutions for mission-critical national security programs. 7Delta will become part of ManTech’s mission solutions and services group. Terms were not disclosed.

it consulting/systems integration

Red Hat Inc. (NYSE: RHT) has acquired Inktank Storage, an open source distributed storage technology that delivers object storage, block storage, and file storage in one unified platform that runs on commodity hardware, for approximately $175 million. Sellers include Intel Capital.

other

financial technology, mobile content/apps

Intuit, which provides innovative business and financial management solutions, is reportedly in talks to acquire, Check (fka PageOnce), which offers a web and mobile app to help consumers track and pay bills, for approximately $350 million.

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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