Daily Deal Activity 06/12/14

Digital Media/Commerce

gaming

Finland-based Rovio, a developer of mobile gaming applications, has received $33.9 million loan from the European Investment Bank. The company had previously raised $42 million in funding three years ago from Accel Partners, Atomico, and Felicis Ventures.

mobile content/apps

France-based Recommend, a provider of a recommendation app, has raised $1 million in funding led by individual investors. The company plans on using the new capital to further accelerate product development.

mobile content/apps

Anonymous messaging mobile application WUT, has raised an undisclosed amount of funding led by Foundation Capital, with participation from Google Ventures, SV Angel, Eniac Ventures, Lowercase Capital, and Slow Ventures. The company plans on using the new capital to hire additional engineers and expand the product’s feature set.

Digital Advertising

digital video, search & discovery

CrunchyRoll, which operates an online anime video sharing site, has acquired video discovery startup Redux, which is focused on online video viewers to discover new streaming video content. Adding the Redux team will help Crunchyroll to improve discovery on its video app.  Terms were not disclosed.

mobile marketing, vertical search

Mobile search predictive analytics provider Medio Systems, was acquired by HERE Maps, an operation subsidiary of Nokia (HLSE:NOK1V) and  provider of mapping and location intelligence solutions. Nokia will use to give users of its location-based services more personalized results and maps. Terms were not disclosed.

Marketing Technology

analytics & reporting, big data technology, bi tools

Israel-based SiSense, an end-to-end business intelligence software firm using big data analytics, has raised $30 million in funding led by DFJ Growth, with participation from Battery Ventures, Genesis Partners, and Opus Capital. The company plans on using the new capital to expand its team and global presence.

teleservices/eservices

Customer support-as-a-service Freshdesk, has raised $31 million in Series D funding led by Tiger Global Management, with participation from Google Capital and Accel Partners. The funding was reportedly done at a $250 million valuation. Having Google Capital as an investor will give Freshdesk access to Google insiders who can lend their expertise on tasks like scaling a business and marketing.

Agency & Marketing Services

digital agency

Peru-based independent advertising agency Circus, has sold a majority stake to global communications company Grey Group, which operates as a subsidiary of WPP (LSE:WPP). Circus is a full-service, integrated marketing company with revenue of $12.1 million in 2013.  Its subsidiaries include Circus Interactive, Circus Retail, Circus Experience, Brand Lab, a design company, and Carne, a second advertising agency. The current Grey Peru will be integrated into the Circus group of companies and the organization will be renamed Circus Grey. Terms were not disclosed.

digital agency

South Africa-based The Hardy Boys, was acquired by WPP’s UK-based subsidiary JWT, which operates a communications agency. The acquisition is a part of JWT’s strategy to expand overseas. Terms were not disclosed.

Traditional Media

entertainment media

Television broadcasting company Blue Star Media, was acquired by private equity firm AUA Private Equity Partners. Terms were not disclosed.

Technology & Communications

big Data Technology

Pixia Corp, a provider of big-data access solutions for the U.S. Department of Defense and intelligence community, has raised an undisclosed amount of equity funding from Enlightenment Capital.

big Data Technology

Hadoop-ready appsdeveloper ScalingData, has raised $4.4 million in funding led by Catalyst Partners, Google Ventures, and Red Hat. The new capital will be used to create applications that can run as easily on Hadoop as PeopleSoft runs on Oracle, or Microsoft Office on Windows.

enterprise mobility

Voltari (Nasdaq:VLTC), together with its subsidiaries, provides relevance-driven mobile advertising, mobile marketing, mobile merchandising, and predictive analytics solutions for mobile operators, has sold its messaging business to Sweden-based CLX Networks, a mobile enterprise messaging solutions provider. Terms were not disclosed.

mobile infrastructure

NewNet Communication Technologies, a provider of solutions for mobile and fixed line networks, messaging, and transaction processing for telecom operators and equipment manufacturer, has acquired D2 Technologies and NewPace Technology Development. Terms were not disclosed.

Software

erp

Integrated Industrial Information (dba I-Cubed), which offers lifecycle management consulting, was acquired by India-based KPIT Technologies (BSE:532400), which provides IT consulting and product engineering services, for $24.2 million. The transaction was done at a valuation of 2.4x revenue.

geo-demo

GeoDigital International, a provider of 4D Geospatial imaging and business intelligence solutions, has raised an undisclosed amount of new capital led by EnerTech Capital and Emerald Technology Ventures, with participation from NGP Energy Technology Partners and North Sky Capital.

healthcare software

Amirsys, a provider of healthcare solutions in radiology and pathology for diagnostic decision support for physicians, surgeons, residents, was acquired by Netherlands-based Elsevier, a publisher of medical, technical, and scientific information. The acquisition expands Elsevier’s point of decision solutions. Terms were not disclosed.

healthcare software

Health management solutions for health plans provider Health Integrated, has raised $4 million in venture debt funding from Western Technology Investment. The company plans on using the new capital to enhance its proprietary care management platform and to deploy analytical tools within its Web-based platform.

security software, infrastructure software

Sweden-based IT security and infrastructure software company AddPro, was acquired by Perusa Partners from Polaris Private Equity.

security software

FireMon, which develops security management, firewall management, and disaster recovery software solutions, has sold a majority stake to Insight Venture Partners. Terms were not disclosed.

Information & Business Services

healthcare information

Publishing company Landes BioScience, which provides a list of 50 journal titles that cover a range of topics, including genetics, cell body, and molecular biology, was acquired by Taylor & Francis Group, which publishes scholarly journals, books, eBooks and reference works in the areas of humanities, social sciences, behavioral sciences, and science and technology.  Terms were not disclosed.

staffing

Executive Employers, a recruiting firm for high-level executives to find jobs, has raised $6.5 million in funding led by Agile Capital Partners, with participation from undisclosed angels. The company plans on using the new capital to expand operations.

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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