Daily Deal Activity 08/27/14

Marketing Technology

bi tools

Glassbeam, which provides machine data analytics, has raised $2 million in additional funding led by VKRM Group. The company intends on using the new capital to continue to refine its patentable Internet of Things (IoT) platform, which is called Glassbeam SCALAR.

Digital Media/Commerce

gaming

Moonshark, a mobile entertainment publisher, has been acquired by mobile game studio Hitcents. Hitcents will provide an in-house development team for Moonshark and support for its customers and products. Terms were not disclosed.

ecommerce

The Honest Company, which is an online retailer of eco-friendly baby products, has raised $70 million in Series C funding led by Wellington Management with participation from Institutional Venture Partners, Lightspeed Venture Partners, and Iconiq Capital. The company, which had previously raised the $52 million, intends on using the new capital to expand operations and develop products across many new categories.

ecommerce

LiveDeal (Nasdaq:LIVE),which operates a geo-location based mobile marketing platform that enables restaurants to publish “real-time” and “instant offers” to nearby consumers, has acquired houseware online retailer ModernEveryday.com for $2.1 million. The acquisition enables LiveDeal to expand its online presence for consumer deals across a variety of verticals.

Digital Advertising

vertical search

GoEuro, which provides a meta-mode travel search platform for Europe, has raised $27 million in Series A funding led by New Enterprise Associates with participation from Battery Ventures, Hasso Plattner Ventures, and Lakestar. The company intends on using the new capital to expand in European markets, to be opened later this year.

Agency & Marketing Services

digital agency

DigitasLBi, the Publicis Groupe’s global digital marketing and technology agency, has acquired South Africa-based digital agency  Liquorice, which offers digital campaigns, Web solutions, mobile solutions, tablet solutions, analytics and CRM, SEO, PPC, SEM, social media. The company will become a part of DigitasLBi’s Middle East & Africa region. The deal is reportedly valued at around $7.4 million.

Technology & Communications

cloud computing technology

Nutanix, which is a provider of infrastructure technology for cloud computing and virtualization that combines computing and storage in a single appliance, has raised $140 million Series E funding round led by undisclosed investors. The round, which brought the company’s total funding to $312 million, valued the company at over $2 billion. The company intends to use the funds to invest in sales, research and development, customer support and marketing.

Information & Business Services

staffing

Professional services company DLC has acquired Beacon Resources, which provides finance and accounting staffing and executive search.  The combined company will have over 250 consultants and a \ range of solutions, serving clients from start-ups to Fortune 1000 companies.  DLC and Beacon will both retain their individual brand identities under the banner of DLC Group. Terms were not disclosed.

training

PluralSight, which provides online education for software developers, has raised $135 million in Series B funding at nearly a $1 billion valuation. The new capital raised was led by Insight Venture Partners with participation from ICONIQ Capital and Sorenson Capital.

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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