Daily Deal Activity 10/03/14

Marketing Technology

Search & discovery

Baarzo, a video search service that enables users to find specific moments inside a video with an auto detect feature, has been acquired by Google (Nasdaq:GOOG) . The acquisition will help the company improve its YouTube search feature.

Digital Media/Commerce

mobile content/apps

MessageMe, a provider of a multimedia messaging application for mobile devices, was acquired by Yahoo (Nasdaq:YHOO). The acquisition will allow Yahoo continue internal development on a mobile messaging app that will target the U.S. mobile messaging market. MessageMe had previously raised $11.9 million.

social media/apps, gaming

C2Rewards, which provides a social gaming platform, has sold a majority interest to Wind Creek Hospitality, the gaming operation of the Poarch Creek Indians. WCH and C2Rewards are partnering to form Engage Innovation, to further develop and market the platform. Terms were not disclosed.

Technology & Communications

cloud computing technology

Cohere Communications, a provider of telephony and cloud hosting services, has acquired Another9, a provider of cloud computing and data center services. Terms were not disclosed.

financial technology

Estify, a developer of insurance software for auto repair, has raised $1.5 million in a round led by Romulus Capital and ff Venture Capital. The software automates the integration of car insurance damage estimate data for repairs between insurance companies and body shops.

financial technology

isentium, which provides real-time sentiment analytics providing predictive of short and medium term price movements of stocks, ETFs, commodities, and indices, has raised an undisclosed amount of funding from individual angel investors.

networking equipment

Xceed Technologies, which provides wireless network optimization and rules-based performance management solutions for the wireless industry, was acquired for $30 million by Anite (LSE:AIE), which offers software and solutions to the international wireless market.

Software

financial software

Data Center (DCI), the privately owned developer of the iCore360 core banking software and related technologies, has acquired TeleWeb suite of Internet and mobile banking software products from the ProfitStars division of Jack Henry & Associates. Terms were not disclosed.

healthcare software

ClinIntel, which provides trial supply management, was acquired by Parexel, which is a biopharmaceutical services organization providing a broad range of knowledge-based contract research. ClinIntel’s offerings will be combined into the ClinPhone RTSM suite and designed to make patient randomization and clinical supply chain solutions more efficient.  Terms were not disclosed.

software development tools

Eve, an app to help non-programmers develop software, has raised $2.3 million in seed funding led by Andreessen Horowitz. The company intends on using the new capital to expand the team with developers and a designer.

Information & Business Services

it consulting/systems integration

DCI Design Communications, which provides consulting services on integrated telecommunications, data solutions, IP converged systems, has secured an undisclosed amount of growth equity funding from Light Beam Capital.

other

Silver Lake Partners has hired Goldman Sachs and Evercore Partners to find a buyer for IPC Systems , a provider of communication systems for Wall Street trader. Silver Lake bought IPC in 2006 for $800 million from GS Capital Partners, and could be seeking more than $1.4 billion.

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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