Daily Deal Activity 02/09/15

Digital Media/Commerce

ecommerce, Mobile content/apps

Indonesia-based mobile eCommerce app developer Dealoka has raised an undisclosed amount of Series A funding from SB IST, a joint venture established by Indosat and SoftBank. The company will use the new round of funding for expanding operations.

ecommerce

UK-based online furniture retailer Sofa.com has been acquired by CPBE Capital. Sofa.com has reported revenues of $30 million, and the acquisition will allow the company to control elements of its value chain from manufacturing through delivery. Terms of the deal were not disclosed. (An Altium led transaction)

ecommerce

On-demand bouquet and flower delivery startup UrbanStems has raised $1.5 million in a round of funding from Middleland Capital, Sagamore Ventures, NexGen Angels, and Great Oaks Venture Capital. The company will use the new capital for expanding into new cities, investing in sales and marketing, and hiring new talent.

mobile content/apps

China-based 51 Credit Card Manager, developer of a credit card management solutions app, has raised $50 million at a valuation of $300 million in a round of funding from GGV Capital. The company has raised $65 million to date and will use the new round of funding for recruiting, research and development, risk control, and marketing.

mobile content/apps

Alice, developer of a mobile platform for guests to engage with hotel services and staff to manage requests, has raised $3 million in a round of funding led by Tishman Realty Principles and private investors. The company will use the new round of funding for advancing product development, expanding its team, and scaling operations.

mobile content/apps

Odysee, developer of an app for private photo and video backup and storage, has been acquired by Google. The acquisition upgrades Google’s offline photo storage capabilities as it looks to launch its Photos service as a standalone product separate from Google+. Terms of the deal were not disclosed.

web search/portal

Online hiring portal myNoticePeriod.com, which provides businesses with candidates ready to join on short notice, has raised $3 million in Series A funding from IDG Ventures India. The company will use the funding for increasing its customer-base.

Digital Advertising

digital video

UK-based interactive TV and video learning platform developer Hopster has raised an undisclosed amount of funding from Sandbox Partners and Angels in the City. The company will use the new round of funding for launching its product internationally.

email Services

Iterable, developer of a comprehensive email marketing platform, has raised $1.2 million in a round of funding from Merus Capital, 500 Startups, 605 Ventures, AngelList, TEC Angel Fund, and China Rock. The company will use the new funding for partnering with other email services.

Marketing Technology

content management

Skyiew Capital portfolio company NewNet Communication Technology has acquired cloud-based contact center provider Volt Delta Resources. The acquisition provides NewNet with scale as it looks to expand its telecom service to new geographic regions and customer groups. Terms of the deal were not disclosed.

crm

Digital publishing solutions developer Aysling has merged with Juggernaut, developer of a magazine publishing toll with CRM capabilities. The acquisition will enhance Juggernaut’s project management capabilities and bolster its sales initiatives. Terms of the deal were not disclosed.

mrm/workflow management

Healthcare workflow optimization software solutions developer Aventura has raised $14 million in Series C funding led by Safeguard Scientifics (NYSE:SFE) and Merck Global Health Innovation Fund with participation from Excel Venture Management, HLM Venture Partners, and Memorial Care Innovation Fund. The company will use the new funding for expanding sales and marketing initiatives.

SFA/Lead Management, CRM

Sales pipeline analytics startup TopOPPS has raised $2 million in a round of funding from Cultivation Capital. The company has raised $4 million to date and will use the new funding for enhancing its sales predictability solutions.

Software

big data

Node Source, a developer of enterprise-focused software for creating and building product ecosystems around Node.js, has raised $3 million in a round of funding from Crosslink Capital and Resolute Ventures. The company will use the new round of funding for continued expansion while developing new Node.js applications.

enterprise mobility

Manufacturing analytics platform Sight Machine has raised $5 million in a round of funding led by Mercury Fund with participation from Michigan eLab, Huron River Ventures, Funders Club, IA Ventures, and O’Reilly AlphaTech Fund. The company will use the new capital for technical and market development efforts.

financial

Code Red, a provider of research management solutions for the investment community, has been acquired by FactSet Research Systems (NYSE:FDS). The acquisition enhances FactSet’s research management solutions for client workflows. Terms of the deal were not disclosed.

software development tools

Hong Kong-based Shopline, a startup that allows non-tech savvy merchants to launch self-branded web and mobile shops, has raised $1.2 million in a round of funding from Ardent Capital, 500 Startups, SXE Ventures, East Ventures, and COENT Venture Partners. The company will use the new round of capital for expanding into Southeast Asia.

Business Services

financial consulting

TA Associates has made a majority investment in NorthStar Financial Services Group and its nine subsidiary wealth management industry service providers. NorthStar management will remain intact as significant owners. Terms of the deal were not disclosed.

healthcare consulting

Imagine Health, an operator of provider teams of hospitals and physicians for large, self-funded employers, has raised $21 million in a round of funding from Trident Capital and HLM Venture Partners. The company will use the new round of funding for expanding into new markets including immediate domestic expansion initiatives.

healthcare consulting

Health information and data management consulting services provider On Call Global Service has been acquired by healthcare BPO company MiraMed Global Services. The acquisition enhances MiraMed’s data collection and reimbursement capabilities. 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: