Daily Deal Activity 02/04/15

Digital Media/Commerce

classifieds/auctions/p-to-p

Australia-based DesignCrowd, developer of a design crowdsourcing platform, has raised $6 million in Series B funding led by AirTree Ventures with participation from Starfish Ventures. The company has raised $12 million to date and will use the round for expanding internationally while improving its crowdsourcing platform.

classifieds/auctions/p-to-p

Online freelancer marketplace HourlyNerd has raised $7.8 million in Series B funding led by Highland Capital Partners with participation from GE Ventures, Greylock Partners, Kraft Group, and Suffolk Equity Partners. The company will use the new round of funding for expanding its technology platform.

ecommerce, mobile content/apps

Spain-based event promotion and ticket selling company Ticketea has acquired Germany-based TodayTickets, developer of a last minute ticket booking app. The acquisition coincides with Ticketea’s expansion strategy and bolsters the company’s mobile capabilities. Terms of the deal were not disclosed.

gaming

Online gambling company Derby Games has raised $6.5 million in a round of funding led by Bullpen Capital with participation from Muskateer Capital, Lightbank, and Adlinger & Co. The company will use the new funding for developing its mobile app while introducing new betting games.

mobile content/apps

Educational storytelling mobile app developer Launchpad Toys has been acquired by Google. The acquisition enhances Google’s child-friendly services portfolio. Terms of the deal have not been disclosed.

mobile content/apps

On-demand parking service Valet Anywhere has raised $1.4 million in a round of funding from CyberAgent Ventures and AngelPad. The company will use the new funding for enhancing its mobile technology.

niche content

Movie and TV news website ScreenRant.com has been acquired by Canada-based Valnet, a company that specializes in developing internet-based businesses and brands. The acquisition will bolster ScreenRant.com’s content and will allow it to expand its coverage on industry-related events and releases. Terms of the deal have not been disclosed.

social media/apps

India-based cloud technology startup Exotel Techcom has acquired Singapore-based social media startup Croak.it, which allows users to share thoughts through voice rather than typing. The acquisition enhances Exotel’s enterprise communication technology. Terms of the deal were not disclosed.

social media/apps

Mobile calendar app developer Sunrise has been acquired by Microsoft for $100 million. Sunrise has raised $8.2 million to date will remain a standalone product. The acquisition enhances Microsoft’s capabilities in the mobile productivity space as it looks to move beyond its traditional Office applications.

Digital Advertising

local search

Apartment review and listing site RentLingo has acquired RoomHunt, provider of aggregate listing services that focuses on matching potential roommates. The acquisition enhances RentLingo’s review services. Terms of the deal were not disclosed.

online lead generation

Homelight, developer of a platform that matches homebuyers and sellers with real estate agents, has raised $3 million in a round of funding from Bullpen Capital, Montage Ventures, Crosslink Capital, Krillion Ventures, and 500 Startups. The company has raised $5 million to date and will use the new funding for hiring talent while expanding marketing efforts.

Marketing Technology

ad serving

Content discovery platform Taboola has raised $117 million in Series E funding led by Fidelity Management and Research Company with participation from Marker LLC and Steadfast Capital, Advance Publications, Comcast Ventures, Group Arnault, and Yahoo Japan. The company has raised $157 million to date and will use the new capital for focusing on technological innovations while expanding globally.

analytics & targeting

SaaS-based predictive analytics platform Civitas Learning, which focuses on higher educational institutions, has raised $16 million in a round of funding led by Rethink Education with participation from Austin Ventures and Emergence Capital. The company will use the new round of funding for expanding operations.

analytics & Targeting

Data analytics provider Manthan Software Services has raised $60 million in Series D funding led by Temasek Holdings with participation from Norwest Venture Partners. The company will use the new round of funding for increasing its product portfolio while hiring senior sales and marketing executives in international markets.

content management/education

Educational website hosting and content management company Schoolwires has been acquired by Blackboard, a developer of learning management tools. The acquisition is Blackboard’s second in as many months and will expand its website management business for schools. Terms of the deal were not disclosed.

content management

Skimlinks, developer of a content monetization platform for digital publishers, has raised $16 million in Series C funding led by Frog Capital with participation from Bertelsmann Digital Media Investments, Greycroft Partners, Sussex Place Ventures, and Silicon Valley Bank. The company has raised $24 million to date and will use the round for enhancing its platform.

Agency & Marketing Services

digital agency

Dentsu Aegis Network has acquired a 51 percent stake in Australia-based creative agency BWM. The company will be rebrand as BMW Dentsu, and the acquisition adds depth to BMW’s services as Dentsu looks to strengthen its position in Australia. Terms of the deal were not disclosed.

Software

big data

Contactive, a developer of big data software that connects in-depth customer profiles with a telephone number, has been acquired by ThinkingPhones, a provider of unified communications as a solution services. The acquisition enhances ThinkingPhones enterprise communications capabilities. Terms of the deal were not disclosed.

big data

Open source log analysis platform Graylog has raised $2.5 million in a round of funding led by Mercury Fund with participation from Crosslink Capital, Draper Associates, and High-Tech Grunderfonds. The company will use the new round of funding for product development while expanding its commercial capabilities.

cloud computing

Cloud storage and stream-back provider StreamNation has acquired PictureLife, a startup specializing in online photo storage. The acquisition will integrate with and enhance StreamNation’s photo-storage service. Terms of the deal were not disclosed.

data management

Enterprise data storage startup Qumulo has raised $40 million in Series B funding from Kleiner Perkins Caufield & Byers with participation from Highland Capital, Madrona Venture Group, and Valhalla Partners. The company has raised $67 million to date and will use the funding for expanding product development while scaling marketing and sales efforts.

erp

JDM Technology, the parent company of construction industry ERP software developer Computer Guidance Corporation, has acquired Integrity Software Systems, a developer of accounting and job costing software for the construction industry.  The acquisition enhances JDM’s construction software portfolio. Terms of the deal were not disclosed.

financial

Real estate solutions software developer MRI Software has acquired real estate-focused investment management solutions provider Cougar Software. The acquisition enhances MRI’s property level management, accounting, and financial modeling capabilities. Terms of the deal were not disclosed.

Business Services

it consulting/systems integrations

IT managed services provider En Vogue Computers, which specializes in Office 365, has been acquired by Quartet Service, a provider of enterprise-level IT services. The acquisition enhances Quartet’s IT simplification portfolio. Terms of the deal were not disclosed.

training

Online career-focused training program provider Career Step has been acquired by private equity firm Revelstoke Capital Partners. The acquisition will help to develop Career Step in the healthcare training sector. Terms of the deal were not disclosed.

training

Learning and talent management solutions provider Kallidus has been acquired by FF&P Private Equity. The acquisition provides Kallidus with greater access to capital resources and will enable the company to accelerate development of complimentary products through acquisitions. Terms of the deal were not disclosed.

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.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: