Daily Deal Activity 07/30/14

Marketing Technology

analytics & targeting

Canada-based MediaMiser, which provides media monitoring and analysis, was acquired for $8.5 million by Innodata (Nasdaq:INOD), which offers business process, information technology, and professional services. The acquisition enables MediaMiser to draw on Innodata’s content management and technology capabilities and global footprint to drive both synergies and growth.

Digital Media/Commerce

classifieds/auctions/p-to-p

The Princeton Review, a maker of test prep guides, was acquired by Tutor.com, the online tutoring unit of InterActiveCorp (NASDAQ:IACI). The Princeton Review was owned by Charlesbank Capital Partners. Terms were not disclosed.

ecommerce

eCommerce company Jet has raised $55 million in Series A funding led by New Enterprise Associates with participation from Accel Partners, Bain Capital Ventures,  and MentorTech Ventures.

ecommerce

ThredUp, which operates as an online consignment store, has raised $23 million in new venture funding. The round has room to grow up to $25 million. ThredUp previously raised $23.1 million across several rounds from Highland Capital Partners, Redpoint Ventures, and Trinity Ventures.

gaming, mobile content/apps

Juicebox Games, which develops and markets mobiles games, has raised $2.5 million in funding led by General Catalyst, Intial Capital, Index Ventures, Mavron, and individual investors. The new capital will be used to develop the company’s second and third mobile game titles.

gaming

Japan-based 3rdKind, which provides a mobile game publisher platform, has raised $1 million in funding from Nippon Venture Capital, Global Brain, and Adways. The company plans on using the new capital to strengthen its team, expand its games catalog, and increase sales in Asia.

mobile content/apps

Gyft, which offers a platform for managing digital gift cards from mobile phones, was acquired by First Data Corporation, which provides electronic commerce and payment solutions for merchants, financial institutions, and card issuers. Terms were not disclosed.

mobile content/apps

UK-based Roamer Labs, which develops a mobile-roaming app, has raised $1.3 million in funding from Richard Frank, co-founder of Dial-a-Phone, a mobile phone retailer. The company plans on using the new capital to broaden its services that help travelers avoid roaming charges while abroad.

social media/apps

Icebergs, which provides a “Pinterest for creative types”, was acquired by social scrapbooking site Pinterest. The acquisition is reported to be mainly an acqui-hire.  Terms were not disclosed.

Digital Advertising

email services

Contactology, which provides email marketing services, was acquired by internet services provider j2 Global (Nasdaq:JCOM). Terms were not disclosed.

vertical search

ABODO, a local online apartment rental marketplace, has raised $1.3 million in Series A financing led by American Family Ventures with participation from 4490 Ventures and Lakewest Venture Partners. The company plans on using the new capital to expand into 25 additional markets.

vertical search

Madbits, which provides an image search startup, has sold to Twitter (NYSE: TWTR). It is unclear whether Madbits had raised venture backing prior to the sale of its company. Terms were not disclosed.

Technology & Communications

communications

Ireland-based Cubic Telecom, which provides a mobile connectivity startup, has raised $5 million in new funding from Qualcomm and Sierra Wireless.

communications

Germany-based Smoope, which develops business-to-consumer communication solutions, has raised an undisclosed amount of venture funding from High-Tech Grunderfond and angel investors. The company plans on using the new capital for staffing and setting up marketing and sales development.

financial technology

MetraTech Corp, a provider of provider of billing, commerce, and settlement solutions, has sold to Ericsson (NASDAQ:ERIC). MetraTech has raised $30 million in venture funding from Vesbridge Partners, Accel Partners, and Meritech Capital Partners. Terms were not disclosed.

Software

application management

MxHero, the developer of a suite of business email management applications, has raised $1.8 million in funding led by White Star Capital with participation from GW Holdings and angel investors.  The company had previously raised $1.3 million in seed funding from angel investors.

collaboration

MMIS, which develops and markets compliance and collaboration software solutions for pharmaceutical and medical device companies, has secured a growth equity investment of undisclosed size from EDG Partners.

collaboration

Poptip, which operates a platform that helps the users to communicate their creative media work with their teammates, friends, and clients, has sold to big data technology company Palantir Technologies. Poptip was backed by $2.4 million from Lerer Ventures, SoftBank Capital, Techstars, RSE Ventures, BoxGroup, and angel investors. Terms were not disclosed.

engineering

Germany-based Sablono, which provides construction software, has raised an undisclosed amount of funding from High-Tech GruenderFonds, Hasso Plattner Ventures, and Nemetschek Allplan Systems.

healthcare

Qualifacts Systems, which provides electronic health record, has secured a majority investment from Great Hill Partners. Terms were not disclosed.

security

NQ Mobile (NYSE:NQ), which provides mobile security internet services, was acquired by Bison Capital Holding for $773 million at a valuation of 2.5x revenue.

Information & Business Services

financial

Bureau van Dijk Electronic Publishing, a Netherlands-based publisher of financial and commercial information, has sold to EQT VI and minority owner Goldman Sachs Principal Investment Area from its current private equity backer, Charterhouse Capital Partners. Terms were not disclosed.

market research

UK-based R&D company Arcis: Altos Group has raised $2.9 million in funding led by Calculus Capital. The company plans on using the new capital to further develop the business.

printing services

Loftware, an operator of an enterprise labeling company, has raised an investment of undisclosed size from Riverside Partners. Previous announcements of the deal did not mention the seller, Shore Points Capital, which acquired the company nine years ago.

other

Epicor Software, a business software developer, is nearing a sale of itself and CVC Capital Partners is leading the bids. The deal could be worth as much as $3 billion. Epicor is owned by Apax Partners.

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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