Daily Deal Activity 08/12/14

Noteworthy:

Hedge fund ValueAct Capital has taken around a $1 billion stake in 21st Century Fox Inc. (Nasdaq: FOXA). Fox also announced last week that it withdrew its $80 billion bid to buy Time Warner (NYSE:TWX.N).

Marketing Technology

bi tools

EverString Technology, which owns and operates a real-time business intelligence platform for market research firms, has raised $12 million in Series A funding led by Lightspeed Venture Partners with participation from Sequoia Capital and IDG Ventures. The company plans on using the new capital to expand its team and continue to grow.

crm, loyalty/retention, social technology

Windsor Circle, which offers retention automation platform to help retailers’ data-driven, personalized, and automated customer loyalty programs, has raised $5.3 million in Series B funding led by Comcast Ventures with participation from IDEA Fund Partners and Triangle Angel Partners. The company intends on using the new capital to extend its retention automation technology, expand into new channels and verticals, and grow both team and marketing efforts.

mobile technology, analytics & targeting

dScout, which provides a mobile research and insight platform, has raised an undisclosed amount of Series A funding from Synetro Group. The company plans on using the new capital to expand the team and accelerate the delivery of an expanded suite of services internationally.

mobile technology

Zofari, which provides a local recommendation app that uses machine learning and data sources to find matches of places for users to enjoy visiting, was acquired by Yahoo (NASDAQ:YHOO). The acquisition gives Yahoo local mobile search capability adding to its mobile advertising collection. Terms were not disclosed.

Digital Media/Commerce

classifieds/auctions/p-to-p

Digital content and media company Demand Media (NYSE: DMD) has acquired online art gallery Saatchi Online for $17 million. Saatchi had raised over $11 million in VC funding from Project A Ventures and Balderton Ventures.

classifieds/auctions/p-to-p

The Carlyle Group has acquired a minority stake in China-based Ganji.com, which operates an online and mobile-based classifieds site. Terms were not disclosed.

ecommerce

Chairish, which provides an online marketplace for furniture, has raised $4 million in Series A funding led by Azure Capital and O’Reilly Alpha Tech Ventures with participation from angel investors. The company, which has now raised $7 million in funding, plans on using the new capital to build its platform.

ecommerce

eCommerce fashion brand for girls Dolls Kill has raised $5 million in seed funding led by Maveron with participation from angel investors. The company plans on using the new capital to support product expansion and fulfillment.

ecommerce

Electronic gift card platform Gift Ya Now was acquired by Eventure interactive (OTCBB:EVTI), which develops social applications. Terms were not disclosed.

ecommerce

Online fashion boutique site LuLu’s Fashion Lounge has raised an undisclosed amount of funding from H.I.G Growth Partners.

ecommerce

Weddington Way, which provides an online boutique for bridesmaid dresses, has raised $9 million in Series A funding led by Javelin Venture Partners with participation from Battery Ventures, Felicis Ventures, and Trinity Ventures. The company, which has raised $11.5 million, intends on using the funds to grow the team, enhance the collaborative commerce experience across devices, and drive customer growth and brand development.

gaming, mobile content/apps

Israel-based JoyTunes, which develops interactive educational games, has raised $5 million in Series A funding led by Aleph VC with participation from Formation8 and Genesis Partners.

social media/apps

Muzooka, which provides a cross-platform music discovery tool that connects artists and producers through crowdsourcing, has raised $3 million in Series A-1 funding led by undisclosed investors. The company, which has now raised over $3.6 million in funding, plans on using the new capital to expand staff and product development.

Technology & Communications

cloud storage

Cloud management platform Platform9 has raised $4.5 million in Series A funding led by Redpoint Ventures. The company plans on using the new capital to further accelerate its growth.

communications software

Thinking Phone Networks, a provider of unified communications as a service, has acquired Whaleback Systems, which provides cloud-based managed services for business communications. Thinking Phone has raised over $30 million in VC funding from Bessemer Venture Partners and Advanced Technology Ventures. Terms were not disclosed.

Software

collaboration

Australia-based Agworld, which provides information management and cloud collaboration software, has raised $5.6 million in Series C funding led by Reed Elsevier Ventures and Yuuwa Capital. The company, which has raised $11.6 million to date, plans on using the new capital to support its expansion into the North American agricultural market.

data management

UK-based Push Technology, which provides data distribution and management solutions, has raised $5 million in Series A funding led by Leopard Rock Capital.

hr

Hireology, which provides employee hiring and selection management software solutions, has raised $10 million in Series B funding led by Bain Capital Ventures. The company plans on using the new capital to accelerate customer acquisition and continue to invest in the development of analytics and technology.

infrastructure

Express Metrix, which provides information technology (IT) asset management and network inventory software solutions, was acquired by Cherwell Software, which offers a SaaS-based IT service management software platform. Terms were not disclosed.

security

Scorpion Software, which provides security and authentication software solutions, was acquired by Kaseya International, which offers cloud-based IT systems management software solutions. Terms were not disclosed.

Information & Business Services

market research

Mobile internet company Cheetah Mobile has acquired a 22.2 percent equity interest in Moxiu Technology, which provides mobile market research, for $4.9 million. Cheetah will become the majority shareholder of Moxiu Technology, holding a 50.5 percent equity interest.

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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