Daily Deal Activity 09/23/14 & 09/24/14

Marketing Technology

analytics & Targeting

Content Analytics, which is a provider of an eCommerce analytics platform, has raised $4 million in Series A funding led by Almaz Capital with participation from dunnhumby Ventures. The company will use the funds to scale sales and marketing, expand the customer base of brands and retailers globally, and grow the engineering team.

 

analytics & Targeting

Russia-based Loadosophia, which provides tools to visualize, store, and analyze test results, was acquired by BlazeMeter, which develops and operates a cloud-based load and performance testing platform for mobile, web, and APIs. Terms were not disclosed.

 

analytics & Targeting

Numerify, an analytics startup focused on the Business of IT, has raised $15 million in Series B funding from Sequoia Capital with participation from Lightspeed Venture Partners. The company has raised a total of $23 million in funding to date.

 

analytics & Targeting

TBC Holdings, a marketing and ad industry acquisition platform sponsored by GSO Capital, has acquired LocalVox Media, a provider of marketing software targeting local and multi-location businesses. Terms were not disclosed. GSO had previously invested in LocalVox.

 

analytics & Targeting

India-based Wingify, which provides testing and optimization solutions for businesses, has acquired Concept Feedback, which provides website feedback services. Terms were not disclosed.

 

bi tools

Magnitude Software, a provider of enterprise information management software, has raised approximately $100 million in new funding led by Audax Group. The deal also included a “significant personal investment” from company chairman and CEO Chris Ney.

 

commerce management

Massdrop, a community-driven commerce platform, has raised $6.5 million in Series A funding led by Mayfield Fund with participation from Kleiner Perkins Caufield & Byers, First Round Capital, and Cowboy Ventures. The company, which has now raised about $8 million, plans on using the new capital to grow the business.

 

content management

SwipeToSpin, a developer of 360 content creation tools, has raised an undisclosed amount of funding from Stonehenge Growth Equity Partners, Cross Continent Capital, and StartFast Venture Accelerator. The company plans on using the new capital to continue its expansion in the automotive marketplace.

 

email/messaging software

ClearSlide, a sales engagement platform, has acquired email management app SeedMail. ClearSlide has raised around in VC funding from firms like Greylock Partners, Bessemer Venture Partners, The Social+Capital Partnership, and Felicis Ventures. Terms were not disclosed.

 

marketing asset management

BrandMaker, a Germany-based provider of marketing resource management systems, has raised $30 million in private equity funding led by Pinova Capital with participation from L-Bank. The company plans on using the new capital to further expand operations, technology capabilities, and marketing in Europe, and the United States.

 

mobile technology

Branch Metrics, a provider of mobile app referral solutions, has raised $3 million in seed funding led by New Enterprise Associates with participation from Pejman Mar Ventures and TriplePoint Capital.

 

SFA/Lead Management

Radius, which is a provider of sales and marketing intelligence for targeting the small business market, has raised $54.7 million in Series C funding co-led by BlueRun Ventures and Formation8 with participation from Founders Fund, Glynn Capital Management, Slow Ventures, Western Technology Investments, Yuan Capital, and individual angel investors.

 

 

Digital Media/Commerce

 

ecommerce

Electronic signature company DocuSign has received a strategic investment from Telstra Ventures. Telstra will leverage the DocuSign platform internally to accelerate manual, paper-based processes and offer the technology as a product to Telstra business and enterprise customers.

 

ecommerce

Silvercar, an airport car rental startup, has raised $14 million in Series B funding led by Velos Partners with participation from Austin Ventures and CrunchFund. The company, which had previously raised $18 million in funding, plans on using the new capital to expand its airport car rental brand and further develop its personal transportation platform.

 

gaming

Cyprus-based online casino Golden Galaxy Casino was acquired by Elray Resources (OTCPK:ELRA), which operates as an online gaming company. Terms were not disclosed.

 

gaming

Fuel (fka Grantoo), a Canada-based platform for creating engaging connected experiences on mobile games, has raised $3.5 million in funding led by Middle East Venture Partners and Rising Tide Fund. The company plans on using the new capital to expand adoption of its platform.

 

mobile content/apps, eCommerce

Favor, a delivery service for local stores and restaurants, has raised $2 million in seed funding from Silverton Partners and Tim Draper.

 

mobile content/apps

Gametime, a mobile platform for last-minute access to sporting events, has raised $4 million in funding led by Accel Partners with participation from individual angel investors. The company, which has raised $5 million to date, plans on using the new capital to continue the development of the user experience and hire new people.

 

mobile content/apps

Photo organization and video creation platform Vemory has acquired video editing app Splice. The acquisition will see Vemory expanding Splice’s own features, while also integrating Splice’s video editing technology into the Vemory video creation platform. Splice will continue to operate as a separate app. Terms were not disclosed.

 

social media/apps

BetterWorks, a startup with a platform for engaging and rewarding employees at small and medium-size business, has raised a $15.5 million in Series A funding led by individual angel investors with participation from AME Cloud Ventures and Pejman Mar Ventures.

 

social media/apps

GetFeedback.com, a customer feedback company, has raised a $2.3 million in funding led by Salesforce Ventures. The company plans on using the new capital for product development, sales and marketing efforts, and its integration with the Salesforce Service Cloud.

 

 

Digital Advertising

 

mobile marketing, ad networks/exchanges

PlayHaven, a mobile ad network for app developers to enhance user acquisition, was acquired by Science, a media, marketing, and brand building company. Science acquired the company from Upsight, an enterprise analytics and marketing platform for mobile apps and, following the acquisition, it will merge Chirp Ads, its mobile marketing unit, into PlayHaven. The combined company will take the PlayHaven name.

 

vertical search

Poland-based Gastronauci, which operates a restaurant discovery and review site, was acquired by Zomato.com, which operates a restaurant, event listing and review site, for $2 million. Post-acquisition, Zomato and Gastronauci will work on building and rolling out an integrated product.

 

vertical search

Luxury home rental service Inspirato has raised $20 million in funding led by W Capital Partners with participation form Institutional Venture Partners and Millennium Technology Value Partners. The company previously raised $48 million.

 

vertical search

Wedding Spot, which provides an online marketplace for future brides and grooms to search, price, and book wedding venues, has raised $3 million in seed funding from Atlas Venture, KEC Ventures, Great Oaks Venture Capital, Maiden Lane, Canyon Creek Capital, and individual angel investors. The company plans on using the new capital to expand its product offering to the broader events market.

 

 

Agency & Marketing Services

 

digital agency

PFSweb, Inc. (NASDAQ: PFSW), a global provider of end-to-end eCommerce solutions, has acquired LiveAreaLabs, a digital creative agency and eCommerce systems integrator. Terms were not disclosed.

 

performance/contract sales

Performance Horizon Group, a provider of performance marketing solutions, has raised $10 million in Series B funding led by Mithril Capital Management with participation from DN Capital and Greycroft Partners. The company plans on using the new capital to expand its U.S. operations and global teams.

 

 

Technology & Communications

 

cloud computing technology

Cloud computing company Apcera was acquired by Ericsson (OM:ERIC B), which provides telecommunications equipment and services to mobile and fixed network operators. With the acquisition, Ericsson adds security and governance to its cloud-computing offerings, or services which let companies access programs and data over the web instead of storing them on site. Terms were not disclosed.

 

financial technology

Invoice2go, an Australia-based mobile app that allows small businesses to manage cash flow, has raised $35 million in financing led by Accel Partners and Ribbit Capital. The company plans on using the new capital to continue to grow operations, hire additional people internationally, and expand product development and marketing efforts.

 

networking equipment

Accuris Networks, an Ireland-based provider of a cellular and Wi-Fi connectivity platform, has raised $15 million in equity funding from Ulster Bank Diageo Venture Fund and the China Ireland Growth Technology Fund. The company plans on using the new capital for product development.

 

video communications

Teladoc, which enables patients to consult with a physician on the phone or by secure online video about nonemergency medical issues, has raised $50 million in equity funding led by Jafco Ventures with participation from FLAG Capital Management, Greenspring Associates, Mellon and QuestMark Partners, Cardinal Partners, HLM Venture Partners, Kleiner Perkins Caufield and Byers, New Capital Partners, and Trident Capital. The company plans on using the new capital to grow operations by developing new products and services and via strategic partnerships and targeted acquisitions.

Software

 

application management

Israel-based IronSource, which provides an online software distribution and application management software solutions, has raised $85 million in funding led by private investors. The company plans on using the new capital to expand its international presence.

 

application management

Kinvey, an enterprise backend-as-a-service platform, has raised $10.8 million in Series B funding co-led by NTTDoCoMo Ventures and Verizon Ventures with participation from Avalon Ventures and Atlas Venture. The company, which has raised $17.8 million in total funding, plans on using the new capital for product development, to accelerate enterprise IT sales, and expand channel partnerships with a focus on cloud and systems integrator partners.

 

collaboration

Advicent Solutions, a portfolio company of Vista Equity Partners, has acquired Figlo, a Netherlands-based provider of interactive software for real-time communication and collaboration between financial advisors and their clients. Terms were not disclosed.

 

collaboration

Real-time sharing and collaboration software provider PowWow has raised $2.5 million in Series A funding from OurCrowd, Vertical Ventures, IT-Farm Corporation, and individual angel investors. The company intends on using the new capital to go to market and to expand its engineering teams.

 

erp

Norway-based Dolphin Software, which develops workforce management solutions, was acquired by Sweden-based Loxysoft, which develops call center software. Terms were not disclosed.

 

erp

Jiff, a provider of enterprise solutions for self-insured employers to connect to and manage digital health tools, has raised $18 million in Series B funding led by Venrock with participation from Aberdare Ventures and Aeris Capital. The company, which has raised $25.8 million in venture capital since its founding, plans on using the new capital to expand their sales and marketing team, to grow their network of sales and distribution partners, and to build out their network of digital health partners across a variety of categories.

 

financial

Centage, a provider of budgeting and forecasting software for small and medium sized businesses, has raised $9.5 million in Series A funding from TVC Capital and Northgate Capital. The company plans on using the new capital to expand its product offering to include a cloud-based solution and increase marketing efforts both domestically and internationally.

 

financial

Rivet Software, which develops financial communications and analysis software, was acquired by Equity Administration Solutions, which provides Software-as-a-Service/cloud-based solutions for equity compensation management to public and private companies. Terms were not disclosed.

 

healthcare

iHealth Lab, which is a developer of mobile personal healthcare products, has raised $25 million from Xiaomi Ventures in its first round of institutional VC funding.

 

healthcare

ePharmaSolutions, which provides eClinical solutions and technology-enabled services, was acquired by WIRB Copernicus Group. Terms were not disclosed.

 

healthcare

The Riverside Company has acquired Medical Payment Exchange, a provider of reimbursement claims management solutions for healthcare providers. Terms were not disclosed.

 

infrastructure

Volaris Group, the investment arm of Constellation Software (TSX: CSU), has acquired Incognito Software, which is a provider of operations support systems. Terms were not disclosed.

 

security

Agari, a provider of email security solutions, has raised $15 million in Series C funding led by Scale Venture Partners with participation from Alloy Ventures, Battery Ventures, and First Round Capital. The company plans on using the new capital to grow operations.

Information & Business Services

 

bpo, helathcare information

SPi Global, a Philippines-based business process outsourcing company owned by CVC Capital Partners, has agreed to sell its healthcare business to Conifer Health Solutions, a unit of Tenet Healthcare (NYSE: THC) for a reported $235 million.

healthcare consulting

Healthcare consulting firm The Benfield Group was acquired by Arthur J. Gallagher, an insurance brokerage and risk management services firm. Terms were not disclosed.

 

healthcare information

PatientKeeper, a provider of physician healthcare information systems, was acquired by HCA Holdings. The acquisition will benefit HCA’s electronic health record with consistent development and will add additional Patientkeeper applications to provide physicians computerized physician order entry (CPOE), medication reconciliation, and documentation facilities. Terms were not disclosed.

 

marketing data                                                       

Symphony Technology Group has acquired McGraw Hill Construction, a provider of construction industry data and analytics, from McGraw Hill Financial (NYSE: MHFI) for $320 million.

 

market research

Qualtrics, a company offering online data collection and analytics, has raised $150 million in Series B funding led by Insight Venture Partners with participation from Accel Partners and Sequoia 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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