Daily Deal Activity 07/18/14

Marketing Technology

commerce management

UK-based eCommerce solutions provider Venda, was acquired by NetSuite (NYSE:N), which offers cloud-based ERP and omnichannel commerce software solutions. Terms were not disclosed.

crm

India-based Capillary Technologies, a provider of customer engagement management solutions, has raised $14 million in Series B funding led by Sequoia Capital and Norwest Venture Partners. The company intends on using the new capital to enhance its platform and grow its partnership ecosystem.

mobile technology

Relcy, which designs and develops a mobile search engine, has raised $9 million in funding led by Khosla Ventures and Sequoia Capital. The company plans on using the new capital to continue to develop the platform and launch its mobile technology.

Digital Media/Commerce

classified/auction/p-to-p

UK-based Funding Circle, which operates an online marketplace where people directly lend to small businesses, has raised $65 million in Series D funding led by Index Ventures, with participation from Accel Partners, Union Square Ventures, and Ribbit Capital. The company, which has now raised $123 million, plans on using the new capital to continue to grow, expand product ranges, and explore new international markets.

ecommerce

eCommerce startup Citrus Lane, which sells monthly subscription boxes of products aimed at babies and children, was acquired for $48.6 million by Care.com (NYSE:CRCM), which operates an online marketplace for finding and managing family care. Citrus Lane generated $6 million in annual revenue in 2013.

ecommerce

Poland-based eSky, which operates an online travel agent in Central Europe, has raised $15.6 in funding led by Syntaxis Capital. The company plans on using the capital to broaden its existing portfolio of services, accelerate its geographical expansion, and pursue add-on acquisitions in Europe and Latin America.

mobile content/apps

Crossfader, which provides a music mobile application, has raised an undisclosed amount of funding from Tapinator, Google Ventures, Kleiner Perkins Caufield & Byers, Index Ventures, and True Ventures.

mobile content/apps

Speaktoit, which develops human-computer interaction technologies, has raised $2.6 million in Series B funding led by Motorola Solutions Venture Capital, Intel Capital, Alpine Technology Fund, and Plug and Play Ventures. The company plans on using the new capital to expand its platform and  engineering team.

mobile content/apps

Tarsin, which develops mobile applications, was acquired by digital media and film provider Empire Film Group (OTCPK:EFGU) from Game2Mobile. The acquisition will enable and further integrate Empire’s digital film and media assets into mobile publishing. Terms were not disclosed.

niche content

Men’s lifestyle site Death and Taxes, which focuses on music, entertainment, and social content, was acquired by SpinMedia, which operates entertainment and music sites. Terms were not disclosed.

Digital Advertising

mobile marketing

Mobile marketing company Singular, has raised $5 million in seed funding led by General Catalyst Partners. The company plans on using the new capital to accelerate product development and hiring.

online lead generation

ZipRealty (Nasdaq:ZIPR), which provides an online technology-enabled real estate brokerage company, was acquired for $166 million by Realogy Holdings, which offers real estate and relocation services, at a valuation of 2.1x Revenue. Along with the acquisition, Realogy is acquiring ZipRealty’s residential brokerage operations in 23 markets and its real estate technology platform.

Agency & Marketing Services

digital agency

Fuse Project, which provides industrial design and branding services, has sold a 75 percent stake to China-based Bluefocus Communication Group, which provides integrated public relations brand management services. Terms were not disclosed.

Traditional Media

broadcast television

UK-based television, broadband, and home telephony services provider British Sky Broadcasting (LSE:BSY) has sold a 6.4 percent stake to Liberty Global (Nasdaq:LBTY) for $824 million.

business-to-business media

RLJ Equity Partners has sold Media Source, which is a provider of content, information, and advice to the library market, to an undisclosed buyer. Terms were not disclosed.

consumer magazine publishing

Forbes Media, a company that publishes and prints magazines, has sold a majority stake to China-based Integrated Whale Media Investments for $475 million. The investor group will provide capital, as well as financial and operational expertise, and intends to leverage its international relationships to strategically enlarge Forbes Media’s reach on a global scale.

entertainment media

Canada-based Paperny Entertainment, which produces television programming and films, was acquired by Entertainment One. Terms were not disclosed.

Technology & Communications

cloud storage

Netherlands-based Asp4all Hosting, which provides managed hosting and cloud services, has raised an undisclosed amount of funding from Vitruvian Partners.

cloud storage

ExactByte (dba ArchiveSocial), which provides cloud software that saves social media content in its original format, time-stamps it, and enables government agencies to retrieve it, has raised $1 million in seed funding led by e.Republic Ventures.

enterprise mobility

Workspot, which offers a bring-your-own-device solution for the mobile workplace, has raised $6.5 million in Series A funding led by Helion Ventures, Translink Capital, and Qualcomm Ventures. The company plans on using the new capital to scale operations.

financial technology

Cathedral Corporation, a provider of financial, marketing, and fundraising communications for credit unions and banks, colleges and universities, nonprofit organizations, and churches, has acquired AXIS Data Solutions, a company that provides print, mail, and electronic presentment of transactional documents and customer care solutions to credit unions and government clients. Terms were not disclosed.

financial technology

Open Scan Technologies, which provides cash application software development, was acquired by Billtrust, which provides outsourced billing services. Billtrust has raised around $29 million in funding from firms like Bain Capital and Edison Ventures.

Software

communications software

Indigo 4 Systems, which provides clinical messaging software solutions, was acquired by EMIS Group (AIM:EMIS), which designs, develops, supplies, and supports computer software and systems for healthcare professionals, for $6.3 million. The acquisition furthers EMIS’s strategy of providing connected healthcare systems.

engineering software

Visual Solutions, a provider of engineering software solutions, was acquired by Altair Engineering, which provides simulation technology and services. Terms were not disclosed.

erp software

Italy-based Tagetik, which provides enterprise software solutions for performance and disclosure management, financial governance, and business intelligence, has completed a capital increase of $36 million from White Bridge Investments. Along with the investment White Bridge Investments acquired a minority stake in the company. Tagetik intends on using the new capital to accelerate growth in strategic international markets.

healthcare software

Alliance Healthcare Partners has invested $12.5 million in Prodigo Solutions, taking a majority stake in the company whose technology enables hospitals to manage supply chain cost savings through contract compliance and automation.

healthcare software

AOD Software, which delivers integrated software solution to senior care providers, has acquired Stratis Business Systems, which provides health and home care cloud-based software. Terms were not disclosed.

healthcare software

Dicom Grid, which provides a cloud-based platform for medical image management and exchange, has raised $6 million in funding from Canaan Partners, CHL Medical Partners, Mayo Clinic, and several individual investors.

software development tools

PredictionIO, which provides an open source machine learning server for software developers, has raised $2.5 million in funding led by QuestVP, Azure Capital, CrunchFund, Kima Ventures, IronFire, Sood Ventures, and XG Ventures.

software development tools

Canada-based Retsly, which enables developers to access real-estate data from multiple listing services, was acquired by Zillow (Nasdaq:Z), which operates real estate and home-related information marketplaces, from Tribus Real Estate Technologies. Terms were not disclosed.

Information & Business Services

financial

Financial content provider Dough, has raised $25 million in funding from Technology Crossover Ventures. The company intends on using the new capital to hire team members for the tastytrade network, increase technology and development resources for its platform, as well as introduce its content to international markets.

it consulting/systems integration

Thrupoint, a provider of IT/networking consulting and professional services, has sold its international divisions to Acuative, which provides technology solutions. Thrupoint will operate under the Acuative brand moving forward. Terms were not disclosed.

market research

Japan-based online market research fieldwork agency AIP, was acquired by Rakuten (TSE:4755), which operates as an internet service provider, from M3 (TSE:2413). Terms were not disclosed.

product/price

UK-based Eclipse Energy Group, which provides data and analysis on the European gas, power, and global liquefied natural gas markets, was acquired by information and insights company Platts. 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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