Daily Deal Activity 05/29/14

Marketing Technology

analytics & reporting, online targeting/optimization

Digital marketing technology solutions company DC Storm, was acquired by Rakuten Marketing, a provider of technology and services to advertisers and marketers. The acquisition enables Rakuten Marketing to provide a platform for digital marketers to measure and analyze performance across all channels and devices. Terms were not disclosed.

bi tools

Trifacta, a provider of technologies and solutions for decision-making data analysis and manipulation, has raised $25 million in Series C funding led by Ignition Partners, with participation from Greylock Partners and Accel Partners. The company has raised over $40 million in funding to bring technology to market.

online targeting/optimization

Customer engagement platform provider BlueConic, has raised an additional $4 million in Series A funding, which brings the round to a total of $8 million. The investment was from CommonAngels. With the new funding, the company plans on expanding into the U.S. market.

sfa/lead management

SteelBrick, a provider of apps that enable sales professionals to create customized price quotes for customers, has raised $6.5 million in Series A funding from Emergence Capital Partners. The new capital brings the company’s total funding to a total of $10 million.

Digital Media/Commerce

classifieds/auctions/p-to-p

Digital self-service ticketing platform Ticketscript, has raised $11.7 million in funding led by FF&P Private Equity. The company plans on using the new capital to continue its international expand and develop new services.

ecommerce

E-retailer of brand name power tools and equipment CPO Commerce, was acquired by United Stationers Supply, which operates as a wholesaler for business essentials, for $30 million. The acquisition expands United’s digital resources and capabilities to support resellers as they transition to an increasingly online environment.

gaming, mobile content/apps

Mobile games developer Nix Hydra, has raised $5 million in funding led by Foundry Group. The new capital will be used to develop new games.

mobile content/apps

File sharing mobile app developer Infinit, has raised $1.8 million in funding led by Alven Capital and 360 Capital Partners. The company has raised $2.2 million in funding to date.

niche content

Job search and media site Mediabistro, has sold its editorial properties to Prometheus Global Media, which owns Adweek, The Hollywood Reporter, and Billboard, for $8 million. The acquisition provides Prometheus with a new unit of editorial pieces that fits with the company’s media assets.

Digital Advertising

comparison shopping, web search/portals

Daum Communications (KOSDAQ:A035720), a South Korea-based internet portal site and operator of webcomics sites, was acquired by South Korea-based messaging app developer Kakao. Daum would allow Kakao to expand its business arms in South Korea and abroad. Meanwhile, Daum would have a new product to boost its growth.

digital promotion/coupon

South Korea-based shopping deals site Coupang, has raised $100 million in funding in a round that values the company at more than $1 billion. Sequoia Capital Global Equities and Sequoia Heritage funds led the round, with participation from existing investors. The new capital will be used to continue expanding the company’s operations.

local

Jobaline, a mobile and bilingual hourly-jobs marketplace, has raised $7 million in Series B funding led by Trilogy Equity Partners, with participation from Madrona Venture Group. The company plans on using the new capital to accelerate its national reach by expanding its sales nationwide.

mobile marketing

GetOne Rewards, a company that develops software and mobile application for retail sectors providing mobile communication and mobile marketing, has merged with marketing technology company M2M Strategies. Combining GetOne’s ability to collect customer data with m2M’s ability to analyze and execute marketing programs utilizing that data will create an expanded suite of marketing technologies. Terms were not disclosed.

Traditional Media

broadcast television

Broadcasting services provider Launch TV Network, was acquired by Freedom Energy Holdings (OTCPK:FDMF), a company that develops technologies for the energy industry sector.  Terms were not disclosed.

Technology & Communications

cloud computing technology

Australia-based Yuruware, a cloud-based disaster recovery platform, was acquired by data protection appliances provider Unitrends Software from National ICT Australia. The deal could be valued anywhere north of $10 million. Terms were not disclosed.

enterprise mobility

Lua Technologies, which operates a digital communication and collaboration platform for mobile workforces, has raised $7.5 million in Series A funding led by Abundance Partners, with participation from individual investors. The company, which has now raised $10 million in funding, plans on using the new capital to expand adoption of its solution.

financial technology

Swipely, a provider of payment solutions for local merchants, has raised $20 million in Series C funding led by Pritzker Group Venture Capital, with participation from First Round Capital, Index Ventures, and Shasta Ventures. The company, which has now raised $40.5 million in funding to date, plans on using the new funding to continue growing its team across all departments.

Software

application management

ExtraHop Networks, which provides network-based application performance management and monitoring solutions, has raised $41 million in Series C funding led by Technology Crossover Ventures, with participation from Meritech Capital Partners, Madrona Venture Group, and individual investors. The company, which has now raised $61.6 million in funding, plans on using the new capital to expand into new markets.

healthcare

Hellman & Friedman, has sold Sheridan Healthcare, a provider of healthcare solutions for anesthesia services, to AmSurg Corp (NasdaqGS:AMSG), a company that acquires, develops, and operates ambulatory surgery centers, for $2.4 billion.

healthcare

MedCPU, a provider of enterprise clinical support solutions, has raised $9.3 million in Series B funding led by Merck Global Health Innovation Fund, Easton Capital Investment Group, New Richmond Ventures. The company intends on using the new capital to expand growth among healthcare providers.

infrastructure

Newlans, which develops analog wideband signal processing infrastructure for RF semiconductor applications, has raised an additional $5 million in Series B funding led by Verizon Ventures. The new capital brings the round total to $20 million. The company plans on using the new capital to accelerate development and commercialization of its product.

security

Cyber security solutions provider HackerOne, has raised $9 million in funding led by Benchmark Capital. The new capital raised will be used to launch the company’s technology into the market.

security

RiskIQ, an online and mobile threats discovery and monitor software company, has raised $25 million in Series B funding led by Battery Ventures, with participation from Summit Partners. The company plans on using the new capital to enhance research and development, as well as expand outside the U.S. and invest in its sales and marketing.

Information & Business Services

credit/risk management

Price risk management provider Hedge Solutions, was acquired by asset administrator North Street Global Fund Services. The acquisition is North Street’s second acquisition in the last 12 months and expands the firm nationally. 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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