Daily Deal Activity 10/24/14

Digital Media/Commerce

ecommerce

Enjoy, an e-commerce start-up, has raised $30 million in a round of funding led by Oak Investments and KCPB with participation by Andreessen Horowitz. Company arrival is not planned until late 2015. The company will use the new capital to hire more talent.

ecommerce

TaskEasy, which offers on-demand online ordering and delivery of exterior home services, has raised $7 million in Series A funding from Grotech Ventures and Access Ventures Partners. The company will use the new capital to refine its technology.

Mobile Content/apps

China-based Ayibang, which provides a housekeeping services app, has received $10 million in Series B funding from Vertex Venture Capital. The company will use the new capital to expand services and improve user experience.

Mobile Content/apps

Luxe, provider of a valet parking app, has raised $5.5 million in a round of funding from Google Ventures, Redpoint Ventures, Sherpa Ventures, Lightspeed Ventures, Upfront Ventures, Slow Ventures, Eniac Ventures, and Rothenberg Ventures.

Mobile Content/apps

Shuddle, which provides an app that allows parents to arrange paid rides for their children, has raised $2.6 million in a round of funding led by Accel Ventures, Comcast Ventures, and Forerunner Ventures. The company plans to use the new capital to continue growth in the San Francisco area.

niche content

MOKO Social Media (NASDAQ:MOKO) has acquired an 80 percent stake in Australia-based news and entertainment website Tagroom.com for an undisclosed amount of stock and cash.

social media/apps

Germany-based Restaurant-Kritik, which provides a restaurant review service, has been acquired by Yelp. Terms of the deal were not disclosed. Yelp will begin integrating content from its service to the German site soon.

social media/apps

Spring.me, provider of a social media network formerly known as Formspring, has raised $5 million in debt and equity funding from Right Click Capital, Tank Stream Ventures, and Nextec Strategic Capital. The company plans to use the new capital to release a mobile app by the end of November.

Digital Advertising

digital video

Spain-based Wouzee, which provides a video streaming platform, has raised $1.7 million in a round of funding led by Unidad Editorial. The company will use the new capital to enter the livestreaming market, grow partnerships, and expand internationally.

Marketing Technology

Analytics & Targeting/ Big Data technology

Opera Solutions, a technology and analytics company focused on big data consulting, has raised $8.2 million in Series G funding from India-based Wipro Technologies. Wipro has recently acquired a minority stake in Opera for $30 million.

commerce management

Siris Capital Group has agreed to acquire Digital River (NASDAQ:DRIV), a provider of commerce-as-a-service solutions, in a deal valued at $840 million in cash. Siris will finance the deal with a combination of secured equity and debt.

Software

Financial

D3 Banking, a provider of banking solutions for regional and community financial institutions, has raised $7 million in equity funding from Route 66 Ventures. The company will use the new capital for sales and marketing team expansion, investing in product innovation, and developing a SaaS-based solution for financial institutions.

Healthcare Providers

MTS Health Investors, a healthcare private equity firm, has acquired a majority stake in myNexus, a provider of technology-driven care management services. Terms of the deal were not disclosed.

security

NetGuardians, which provides software solutions for fraud, data theft, and information leaks, has raised $5.2 million in a round of funding led by Polytech Ventures and SBT Venture Capital. The company will use the funding for international expansion and continued growth of its team.

Information & Business Services

data center technology

Xand, provider of data center infrastructure, collocation, private cloud and business continuity services, has been acquired by TierPoint, a portfolio company of Thompson Street Capital Partners, from Arby Partners. Terms of the deal were not disclosed. The acquisition benefits TierPoint’s collocation and cloud services position.

IT consutling/systems integrations

UK-based APSU TWP Limited, a provider of IT managed services and an IBM Premier Business Partner, has raised $8.9 million in a round of funding led by Business Growth Fund. The company will use the new capita to recruit technical personnel to support overseas customers and grow sale operational capacity. It will also be considering selective acquisitions to enhance its service offering.

IT consutling/systems integrations

Denmark-based Careitec, a provider of IT services focused on Northern Europe, has been acquired by Systems Maintenance Services. Terms of the deal were not disclosed. The acquisition furthers SMS’ global reach and will be able to offer Careitec’s client base IT lifecycle services.

IT consutling/systems integrations

Civic Health, a provider of community-based information technology solutions for healthcare and social services organizations, has received an undisclosed amount of funding from Zeigler Link.Age.

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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