Daily Deal Activity 10/01/14

Marketing Technology

analytics & targeting

Quantcast, a technology and real-time advertising company, has acquired UK-based Struq, which allows advertisers to target users with dynamic display ads, customized to the user’s interests and activities online.  Upon closing, Struq will become part of Quantcast Advertise and the two companies will combine their offices in London, New York, San Francisco and Los Angeles. Terms were not disclosed.

bi tools

Cloudera, an enterprise analytic data management powered by Apache Hadoop, has acquired the technology assets of DataPad, which provides a platform and tools to enable clients to integrate, visualize, and share their business data. The acquisition will further strengthen Cloudera’s enterprise data hub offering by simplifying data processing and analysis on Big Data. Terms were not disclosed.

bi tools

TCS Technologies, a developer of software, websites, and digital marketing services used by dealers, wholesalers, and manufacturers in the automotive tire and wheel industries, was acquired by ARI Network Services, which offers similar services. Terms were not disclosed.

content management, Mobile technology

CouBox, which features a comprehensive coupon and incentive-driven content management system that delivers consumer-centric incentives via a mobile application and website, has sold its mobile software platform assets to Mobile Lads (OTCQB:MOBO). Terms were not disclosed.

mobile technology         

Cohealo, a provider of a medical asset mobilization and analytics platform, has raised $9 million in Series A funding led by Romulus Capital and Krillion Ventures. The company plans on using the new capital to add engineers, sales executives and support staff, and further develop the Cohealo Platform.

product/price

Vendavo, which develops and deploys price optimization and management solutions that help customers make better data-driven decisions for pricing and sales effectiveness enabling salespeople to negotiate confidently and sell more profitably, was acquired by Francisco Partners. Terms were not disclosed.

Digital Media/Commerce

ecommerce

MoviePass, a movie theater subscription service, has raised $2.2 million in funding led by Structure Capital. The company plans on using the new capital to further build awareness of this service.

niche content

Flocasts, a sports media platform, has raised $8 million in VC funding from Causeway Media Partners. The company intends on using the new capital to expand and grow operations.

niche content, social media/apps

Reddit, a social website that allows users to generate news links, has raised $50 million in funding led by individual investors. The company intends on using the new capital to hire more staff for product development, expand the community management team, improve the moderation and community tools, and work with third party developers to expand its mobile offerings.

Digital Advertising

mobile marketing

Remerge, a Germany-based mobile advertising technology platform that specializes in app retargeting and app audience management, has raised $1 million in seed funding led by Point Nine Capital with participation from digital marketing experts. The company intends on using the new capital to further improve the technology, build up the team, and bring its product to market.

Agency & Marketing Services

general agency

Palladium Equity Partners has made a significant investment in Pronto General Agency , a managing general agency focused on the non-standard auto insurance market segment. No financial terms were disclosed.

Traditional Media

b-to-b media

UBM PLC (LSE: UBM), a UK-based events and communications group, has acquired Advanstar, a trade show organizer, for $972 million from Anchorage Capital Group, Ares Management and Veronis Suhler Stevenson, at a valuation of 4.6x revenue.

magazine publishing

CURE Media Group a publisher of CURE magazine, which is a guide for various stages of cancer, was acquired by Michael J. Hennessy Associates, a full-service healthcare education, market research, and communications company. Terms were not disclosed.

Technology & Communications

enterprise mobility

Good Technology, a provider of enterprise mobility solutions, has raised $80 million in funding led by private investors. The company plans on using the new capital to continue to grow operations.

enterprise mobility

LANDesk, a lifecycle management company owned by Thoma Bravo, has acquired Naurtech, a provider of mobile connectivity solutions for enterprise data and applications using Windows CE platform devices. Terms were not disclosed.

financial technology

CapMan has sold its stake in Profit Software, a Finland-based provider of service management software for insurers, to Via Venture Partners. No financial terms were disclosed, except that the company generated $12.1 million in 2013 revenue.

software-defined networking

Pica8, a company that sells software-defined networking technology, has raised $12.5 million in Series B funding from VantagePoint Capital Partners, Cross Head, and Pacific Venture Partners. The company plans on using the new capital for software development and continue to expand adoption across the software defined networking (SDN) market.

Software

application management

StackEngine, a platform for organizations to deploy, manage, and scale Docker applications, has raised $1 million in seed funding led by Silverton Partners and LiveOak Venture Partners.

security

Cloud email security distributor Excel Micro was acquired by j2 Global (Nasdaq:JCOM), which is a global provider of internet services. The acquisition expands j2’s U.S. and Canadian email security customer base, reseller channels and channel expertise. Terms were not disclosed.

security

ZenMate, a Germany-based consumer security and privacy suite, has raised $3.2 million in Series A funding led by Holtzbrinck Ventures, Project A Ventures, with participation from Shortcut Ventures, and T-Venture. The company plans on using the new capital to scale and grow its product line.

Information & Business Services

it consulting/systems integration

BravePoint, which provides consulting, training, and application development services, was acquired by Progress Software (Nasdaq:PRGS), provides software solutions for various industries. Terms were not disclosed.

it consulting/systems integration

Netuitive, which is a provider of an IT analytics platform, secured an additional $6.5 million in equity financing led by MK Capital and Rembrandt Venture Partners with participation from Cross Creek Advisors and Columbia Capital. The company intends to use the funds to accelerate the market delivery of its latest product release.

it consulting/systems integration

Singapore-based Stone Apple Solutions, which offers applications development, integration, and support and maintenance services, was acquired by Hitachi Consulting, which is the management consulting and IT services business of Hitachi. Terms were not disclosed.

training

ISV Software, which provides online pre-employment skills testing and training tool, was acquired by Dillistone Group (AIM:DSG) for $5.7 million.

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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