Daily Deal Activity 01/13/15

Digital Media/Commerce

classifieds/auctions/p-to-p

PlaySwell, which provides a community for showcasing and sharing products, has raised $1 million in a round of funding from WI Harper, Crosslink, New Atlantic Ventures, and Artiman. The company will use the new capital for hiring talent.

ecommerce

SaaS-based platform True Fit, which allows consumers to discover apparel and footwear styles that fit, has raised $15 million in a round of funding led by Signal Peak Ventures, Promus Ventures, and Jump Capital with participation from Guggenheim Partners, Breakaway Ventures, and Novel TMT. The company will use the new funding for expanding markets for retail partners.

gaming

Social gaming publisher Kabam has acquired gaming studios TapZen and Magic Pixel Games. The acquisition expands Kabam’s global presence while bolstering the company’s console quality development experience. Terms of the deal were not disclosed.

mobile content/apps

Money managing app Level Money, which allows users to monitor transactions across multiple banks, has been acquired by Capital One. The acquisition enhances the user experience design for Capital One’s app and mobile banking website. Terms of the deal have not been disclosed.

mobile content/apps

Snapchat photo messaging rival Tappy has been acquired by matchmaking mobile app Tinder. The acquisition is the company’s first, and it will allow Tinder to improve communication between matched-up users. Terms of the deal were not disclosed.

Digital Advertising

digital video

Video advertising platform Teads has raised $30 million in a mix of equity and debt funding. Gimv Private Equity, Partech Ventures, and Elaia Partners provided the equity round while Bank of China, HSBC, and BNPP provided the line of credit. The company will use the new funding for accelerating growth domestically and internationally.

vertical search

Cloud-based revenue-generating solutions provider TravelClick, which focuses on the hospitality industry, has acquired France-based TVtrip, a provider of video creation and distribution services for hotels. The acquisition provides TravelClick with media experience and enhanced video content distribution capabilities. Terms of the deal were not disclosed.

Marketing Technology

analytics & targeting

App Annie, a decision making platform for the mobile app economy, has raised $55 million in Series D funding led by Institutional Venture Partners with participation by Sequoia Capital, Greycroft Partners, and IDG Capital Partners. The company will use the new capital of launching new products out of beta testing.

crm

Personalized marketing software developer Gravity4 has acquired Zurmo, a gamified CRM platform that will go by CRM.me. The acquisition will enhance Gravity4’s enterprise app center and will allow Zurmo to boost its email and social capabilities. Terms of the deal were not disclosed.

mobile technology

Analytics system supplier Teradata has acquired Israel-based Appoxee, a startup that creates in-app push messaging software for increasing mobile user engagement. The acquisition provides Teradata with real time customer engagement solutions and increased mobile marketing capabilities. Terms of the deal were not disclosed.

mobile technology

Hitpoint, a mobile publishing platform for puzzle games, has raised $2.5 million in a round of funding led by Springfield Venture Fund with participation from River Valley Investors and other private investors. The company will use the new capital for developing its technology.

mobile technology

Mobile healthcare technology startup Smartlink Mobile Systems has raised $2.5 million in a round of funding from private investors. The company will use the new funding for product development while launching sales and marketing initiatives.

mobile technology

Cosmos Holdings has acquired a 70 percent majority in mobile technology company Terranova, a developer of API software and location based consumer app software for mobile devices. The acquisition coincides with Cosmos Holdings’ strategy of acquiring across fast growing sectors. Terms of the deal were not disclosed.

Agency & Marketing Services

healthcare agency/digital agency

Germany-based agency Bird & Schulte Advertising, which focuses on digital media, events, and medical education, has been acquired by The Havas Group. The firm will be called Havas Life Bird & Schulte, and will service the health and wellness landscape offering while PR and market access to healthcare professionals and patients. Terms of the deal were not disclosed.

Technology & Communications

financial technology

International payment solutions provider PeerTransfer, which is focused on the education industry, has raised $22 million in Series D funding led by Bain Capital Ventures, with participation from Spark Capital, Accel Partners, Devonshire Investors, and QED Investors. The company has raised $43 million to date.

network infrastructure software

Software networking solutions developer Mavenir Systems (NYSE:Mavenir) has acquired Ulticom, a provider of telecom signaling solutions, from Platinum Equity Partners. The acquisition enhances Mavenir’s ability to scale its mobile operator networks and provide interoperable voice over services. Terms of the deal were not disclosed.

Software

collaboration

Data discovery startup Argo has raised $1.5 million in a round of funding led by Accel Partners with participation from private investors. The company will use the new capital for hiring engineers and designers.

credit/risk

Giact Systems, a provider of risks management solutions for electronic payments, has received a majority investment from Tritium Partners. The investment will allow Giact to advance its fraud prevention data services while broadening customer and partner relationships. Terms of the deal were not disclosed.

credit/risk

Israel-based cyber fraud and risk management solutions company Intellinx has been acquired by Bottomline Technologies, a provider of cloud-based payment, invoice, and digital banking solutions. The acquisition allows Bottomline to extend into the fraud detection and prevention market. Terms of the deal were not disclosed.

Data management

NoSQL database distributor Basho Technologies has raised $25 million in Series G funding from Georgetown Partners. The company will use the new round of funding for expanding development and marketing activities.

erp

Pegged Software, which develops a platform that applies big data to hiring and team assembly, has raised $7.5 million in a round of funding from Sunbridge Capital Management. The company will use the new funding for hiring talent, expanding into healthcare organizations, and investing in research and development.

erp

Compusearch, which develops software for automating mandated business rules for public sector organizations, has merged with TopVue Defense, a provider of program management solutions for the federal government. The acquisition will enable increased collaboration between government agencies and the acquisition of contractor communities. Terms of the deal were not disclosed.

Healthcare-providers

The Riverside Co. has acquired Greenphire, a provider of SaaS-based clinical research payment processing management and analytics. Sellers include FirstMark Capital. Terms of the deal were not disclosed.

healthcare-providers

Israel-based medication management platform MediSafe has raised $6 million in series A funding led by Pitango Venture Captial with participation from 7wire Ventures, Lool Ventures, and TriVentures. The company will use the new funds for accelerating user growth in the US.

infrastructure

Infrastructure solutions software developer Bentley Systems has acquired UK-based C3global, a provider of web-based Amulet software for operational analytics. The acquisition will allow C3global to broadly apply its Amulet capabilities for sustaining infrastructure. Terms of the deal were not disclosed.

security

Ionic Security, provider of a distributed data protection platform for the enterprise, has raised $40.1 million in Series C funding from Meritech Capital Partners with participation from KPCB, Google Ventures, Tech Operators, and Jafco Ventures. The company has raised $78 million to date and will use the new capital for launching out of beta later this year.

security

Predicative analytics and decision management software developer FICO (NYSE:FICO) has acquired Germany-based TONBELLER, a provider of financial crime and compliance solutions. The acquisition allows FICO to move into the financial crime and compliance solutions market. Terms of the deal were not disclosed.

Information & Business Services

financial consulting

Reconciliation and investment consulting services provider Alternative Computing Environments has been acquired by banking and credit union software developer Worldwide Interactive Services. The acquisition will integrate Alternative Computing Environments’ portfolio with Worldwide Interactive’s data processing system and credit union automation software. Terms of the deal were not disclosed.

healthcare consulting

Health analytics solutions company SCIO Health Analytics has acquired UK-based Data Intelligence, a provider of business intelligence and analytics solutions supporting pharmaceutical marketing and sales operations. The acquisition extends SCIO’s footprint in the life sciences marketplace. Terms of the deal were not disclosed.

management consulting

Inspirage, a provider of consulting, customization, and implementation solutions for supply chain software, has raised an undisclosed investment from Riordan, Lewis & Haden. The company will use the investment for increasing its supply chains solutions portfolio.

training

Canada-based corporate training solutions provider TrainCanada has acquired CTE Solutions, provider of technical, management, and business skills training for IT professionals. The acquisition provides complimentary offerings for both companies. Terms of the deal were not disclosed.

training

Education startup Thinkful, which provides coding and design programs through online mentorship, has raised $4.3 million in a round of funding led by Floodgate Fund with participation from RRE Ventures and Quotidian. The company will use the new capital for expanding its portfolio of education offerings.

 

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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