Daily Deal Activity 03/10/15

Digital Media/Commerce

ecommerce

Indonesia-based online wedding marketplace Bridestory has raised an undisclosed amount of Series A funding led by Rocket Internet with participation from Sovereigns Capital, East Ventures, Fenox VC, Skystar Capital, and Lippo Digital Ventures. The company will use the new round of funding for scaling its team, focusing on product development, and preparing for expansion into the international wedding market.

ecommerce, social technology

Digital retailer Joinem, which aims to monetize social commerce, has raised $5 million in a round of funding from undisclosed investors. The company will use the new round of funding for enhancing the capabilities of its social profile building and product discovery technologies.

ecommerce

Germany-based ‘pre-owned’ kids clothing marketplace Kirondo has been acquired by Spain-based European rival Percentil. The acquisition was announced as Percentil looks to branch into the women’s clothing space. Terms of the deal were not disclosed.

mobile content/apps

MamaBear, developer of a mobile application and digital resource for connecting families, has acquired KidNotice, an application that allows parents to share emergency and personal information about their children with other care givers. The acquisition will allow MamaBear to continue expanding the capabilities of its platform. Terms of the deal were not disclosed.

mobile content/apps

Telemedicine app developer Pager, which provides on-demand doctor visits to remote locations, has raised $10.4 million in a round of funding from Lux Capital, Montage Ventures, Goodwater Capital, and Summation Health Ventures. The company will use the new round of funding for expanding its service into new markets on onto new devices.

Digital Advertising

digital video

Periscope, developer of an app for streaming video from your phone, has been acquired by Twitter for an estimated $100 million. The acquisition will allow Periscope to launch its app out of beta testing. Further terms of the deal were not disclosed.

Marketing Technology

ad serving

Digital marketing optimization platform Accomplice, which links outbound ads and social content with bottom-line objectives, has raised $5 million in Series A funding from WME|IMG. The company has raised $7 million to date and will use the new funding for increasing its engineering, data science, design, and marketing resources.

analytics & targeting

Trendkite, an analytics and reporting firm focused on media coverage, has raised $5 million in a round of funding led by Silverton Partners with participation from Mercury Fund, DreamIt Ventures, and Capital Factory. The company will use the new round of funding for expanding distribution and accelerating its IP roadmap while focusing on increasing headcount.

crm, Healthcare software

HomecareCRM, a provider of customer relationship management software for the long-term and post-acute care sector, has been acquired by Marlin Equity Partners. The company has merged with Marlin Equity portfolio company SigmaCare, and will enhance SigmaCare’s referral network and patient referral process. Terms of the deal were not disclosed.

market research

Location specific mobile market research and retail data collection provider Field Agent has been acquired by private equity firm Five Elms Capital. The acquisition will allow Field Agent to broaden its solutions for consumer packaged goods companies, retailers, and research agencies. Terms of the deal were not disclosed.

mrm/workflow management

Productive meeting solutions provider Do has raised $2 million in a round of funding from New Enterprise Associates, Slow Ventures, and Queensbridge Venture Partners. The company will use the new round of funding for expanding its team, growing its product, and launching its premium enterprise offering.

search & discovery

Open source search and analytics engine Elasticsearch has acquired Found, supplier of an AWS delivery offering. The acquisition provides Elasticsearch with a service provider footprint in the open source market as it looks to branch out beyond just search. Terms of the deal were not disclosed.

Agency & Marketing Services

specialty agency

Strategic engagement and activation solutions provider MCI Group has merged with Agency Coulter, a provider of marketing service for associations and not-for-profit organizations. Agency Coulter will continue to operate under its own brand, and the acquisition provides MCI with a scalable growth platform in the US. Terms of the deal were not disclosed.

Software

healthcare

Independent medical practices software and services developer Kareo has acquired DoctorBase, provider of a marketing and patient communications solution. The acquisition complements Kareo’s existing offerings as it looks to enable healthcare providers to overcome business challenges in the healthcare market. Terms of the deal were not disclosed.

healthcare

Independa, a provider of integrated community engagement and remote care technologies, has raised $6 million in Series B funding from City Hill Ventures. The company will use the new round of funding for accelerating market expansion while focusing on product development.

healthcare

Canada-based business intelligence, performance analysis, and emergency room software solutions developer MediaMed Technologies has been acquired by Logibec Group. The acquisition enhances Logibec’s financial and business intelligence solutions. Terms of the deal were not disclosed.

infrastructure

Hyperconverged IT infrastructure provider SimpliVity has raised $175 million at a valuation of over $1 billion in Series D funding led by Waypoint Capital with participation from Accel Partners, Charles River Ventures, DJF Growth, Kleiner Perkins Caufield & Byers, and Meritech Capital Partners. The company will use the new round of funding for expanding operations.

security

Cybersecurity solutions firm Blue Coat Systems will be acquired by Bain Capital from Thoma Bravo for $2.4 billion. The acquisition comes at a time where business and governments are increasing spending in the market to counter and contain cybersecurity threats. Further terms of the deal have not been disclosed.

security

Cyber security analytics solutions provider E8 Security has raised $9.8 million in Series A funding led by March Capital Partners with participation from Allegis Capital and The Hive. The company will use the new funding for product development, launching out of beta with large domestic and international partnerships, and expanding its engineering and development teams.

software development tools

Mobile and web application development company Platypi has raised $2 million in a round of funding from undisclosed investors. The company will use funding for releasing its cross-platform development platform, which will allow for the development large-scale platform applications.

Information

healthcare information

Secure cloud solutions provider 8k Miles has acquired Mindprint, a clinical research startup focused on analytics and operational software for Clinical Research Organization. The acquisition provides 8k Miles with experience as it enters the CRO market. Terms of the deal were not disclosed.

Business Services

training

India-based competitive entrance test preparation site Embibe.com has acquired 100Marks, developer of a student guidance platform. The acquisition providers Embibe.com with a broader customer base as it looks to establish itself domestically. Terms of the deal were not disclosed.

training

Online training marketplace popexpert has acquired Online Marketing Institute, a provider of eLearning solutions to SMB’s and individuals. The acquisition will accelerate popexpert’s acceleration in delivering corporate training programs. 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.

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