Daily Deal Activity 01/26/15

Digital Media/Commerce

gaming

China-based mobile gaming media platform Mofang.com has raised $16 million in Series A funding led by Shenzhen Capital Group with participation from Matrix Partners. The company will use the new round of funding for development of its industry analysis app.

mobile content/apps

UK-based Dojo, which develops a restaurant discovery app, has raised $1.2 million in a round of funding led by Playfair Capital with participation from Saatchinvest, and London Co-Investment Fund. The company will use the new round of funding for focusing on international expansion.

mobile content/apps

Canada-based video-based training platform LIFT Digital has raised $1 million in a round of funding from private investors. The company will use the new round of funding for product innovation while developing the online fitness marketplace.

mobile content/apps

Radio mobile software developer Lizhi, which allows users to upload personalized audio clips, has raised $20 million in Series C funding from Xiaomi, Sunwei Capital, Matrix Partners, and Morningside Ventures. The company will use the new funding for international expansion.

mobile content/apps

UK-based personal finance app Money Dashboard has raised $3.7 million in a round of funding led by Calculus Capital with participation from Ariadne Capital, Par Equity, and The Scottish Investment Bank. The company has raised $8.3 million to date.

Digital Advertising

digital promotion/coupon

Hyper-local direct marketing services provider Money Mailer has raised an undisclosed amount of funding from Babson Capital Management. The company will use the new round of funding for supporting growth and creating liquidity for shareholders.

Marketing Technology

market research

Digital data collection and analytics company Research Now Group has been acquired by Court Square Capital Partners from TA Associates, Sutter Hill Ventures, European Founders Fund, WPP, and Polaris Partners. The acquisition will allow Research Now to invest in product and technology offerings. Terms of the deal were not disclosed.

mobile technology

Android application development company APUS Group, which focuses on developing products and services for enhancing mobile experience, has raised $100 million in Series B funding led by Chengwei Capital and Qiming Ventures with participation from Redpoint Ventures and Northern Lights Ventures. The company has raised $116 million to date.

sfa/ lead management

Fireworx, a developer of a marketing automation platform for the energy sector, has raised and undisclosed amount of funding from Angel Capital Group. The company will use the new round of funding for expanding operations.

Traditional Media

broadcast television

Fashion media and technology firm RUNWAY has been acquired by digital marketing solutions and broadcast media company Imagination TV. The acquisition will provide Imagination TV with the broadcasting system required for running on cable television. Terms of the deal were not disclosed.

Software

big data

Stasticial computing and predictive analytics software and services provider Revolution Analytics has been acquired by Microsoft. The acquisition strengthens Microsoft’s big data and advanced analytics offerings for the R programming language. Terms of the deal were not disclosed.

big data

Big data visualization company Visual Action Software has merged with The Hive Group, a developer of enterprise level treemap technology. The acquisition enhances Visual Action’s product offering as the companies integrate big data platforms. Terms of the deal were not disclosed.

healthcare

Collaborative care platform developer Iora Health has raised $28 million in Series C funding from Foundation Medical Partners, Rice Management Company, GE Ventures, Khosla Ventures, .406 Ventures, and Polaris Partners. The company will use the new capital for expanding operations while aiming to double in size.

financial

GIS software and consulting services provider GCR has acquired Quest Information Systems, a developer of election financing and voter information software. The acquisition will enhance GCR’s local government IT solutions portfolio. Terms of the deal were not disclosed.

financial

International money transfer startup TransferWise has raised $58 million in Series C funding led by Andreessen Horowitz with participation from Valar Ventures, Index Ventures, IA Ventures, and Seedcamp. The company has raised $91 million to date and will use the new capital for international expansion.

Business Services

it consulting/systems integration

Harman International (NYSE:HAR) has acquired Symphony Teleca, a developer of enterprise software engineering and integration services, for $780 million. The acquisition provides Harman International with immediate scale in software services.

training

Online technology training service Pluralsight has acquired Code School, a developer of instructional videos and courses for developers both online and via mobile apps, for $36 million. The acquisition coincides with Pluralsight’s strategy of buying up smaller companies to extend its footprint in the online learning industry.

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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