Daily Deal Activity 03/18/15

Digital Media/Commerce

classifieds/auctions/p-to-p

China-based peer-to-peer car sharing service platform Uuzuche.com has raised $10 million in a round of funding from China-based automobile online platform BitAuto. The company will use the new round of funding for expanding into new cities while improving marketing initiatives, promotion efforts, and employee recruiting.

ecommerce

On-demand local restaurant delivery services provider DoorDash has raised $35 million in a round of funding from Kleiner Perkins Caufield & Byers.  The company has raised $72 million to date and will use the new round of funding for geographic expansion.

mobile content/apps, healthcare

Pharma-focused mobile clinical trial data collection company Clinical Ink has merged with CentrosHealth, a developer of mobile apps for clinical trial patient engagement. The acquisition will allow the combined entity to provide a provider and patient-facing data collection tool. Terms of the deal were not disclosed.

mobile content/apps

Shuddle, provider of a rideshare service designed to transport busy families, has raised $9.6 million in a round of funding led by RRE Ventures with participation from Comcast Ventures, Forerunner Ventures, and Accel Partners. The company has raised $12 million to date and will use the new round of funding for geographic expansion.

niche content

Listing services and real estate content media brand Brownstoner has been acquired by BlankSlate. The acquisition will provide Brownstoner with the resources to expand and refine its editorial scope as it plans to release new enhancements for its real estate listing and service provider’s marketplace. Terms of the deal were not disclosed.

Digital Advertising

comparison shopping

UK-based price comparison solutions provider Cortexica Visual Systems has raised $3.5 million in a round of funding led by Imperial innovations Group. The company will use the new round of funding for development of new products set to release mid-year while focusing on expansion in Asia.

Marketing Technology

ad serving

Business-to-business marketing automation firm Azalead Software has raised $2.1 million in a round of funding from Aurinvest. The company will use the new round of funding for increasing the capabilities of its platform.

analytics & Targeting

Hospitality market intelligence, rate shopping, and analytics solutions provider Revcaster has been acquired by The Rainmaker Group, a provider of automated revenue management and profit optimization software solutions for the gaming, hospitality, and multifamily housing industries. The acquisition increases Rainmaker’s analytics offering. Terms of the deal were not disclosed.

analytics & Targeting

Automated online advertising technology firm AppNexus has acquired rival Yieldex for $100 million in cash and stock. The acquisition enhances AppNexus’ programmatic direct to buyer ad technology as it advances toward a potential IPO. Further terms of the deal were not disclosed.

bi tools

Result management software developer AchieveIt has raised $2 million in a round of funding led by BIP Capital. The company will use the new round of funding for accelerating its sales, marketing, client services, and product development efforts.

commerce management

Enterprise social commerce company Reevoo has raised $9.6 million in a round of funding from MMC Ventures and Talis Capital. The company will use the new round of funding for recruiting new talent while increasing its business presence in new markets.

content management

Playbuzz, developer of an open network for publishers, bloggers, and brands to create content, has raised $16 million in Series B funding from FirstTime Venture Capital, Carmel Ventures, Saban Capital Group, and 83North. The company has raised $20 million to date and will use the new round of funding for international expansion.

email/messaging software

Message notification provider One Call Now has acquired business notification and automated messaging services provider cNotify. The acquisition will enhance One Call now’s reach in the business and services verticals. Terms of the deal were not disclosed.

mobile technology

Mobile data delivery optimization platform developer Twin Prime has raised $9.5 million in Series A funding led by DFJ and True Ventures with participation from Milliways Ventures and Moment Ventures. The company will use the new round of funding for accelerating marketing and sales activities while expanding its product development efforts.

sfa/lead management

Sales acceleration platform developer InsideSales.com has raised $60 million in a round of funding led by Salesforce Ventures with participation from Microsoft, Polaris Partners, Kleiner Perkins Caufield & Byers, Hummer Winblad, U.S. Venture Partners, and Zetta Ventures. The company will use the new capital for expanding its platform while building out integrations.

Agency & Marketing Services

specialty agency

UK-based employer branding and marketing agency ThirtyThree has been acquired by UK-based recruitment business Capita Resourcing. The acquisition strengthens Capita’s existing resourcing and recruitment offerings. Terms of the deal were not disclosed.

Software

application management

Oracle cloud applications systems integrator Drivestream has raised $5 million in a round of funding from Wipro Limited (NYSE:WIT). The investment aims to extend Wipro’s capabilities in the Oracle application services and cloud application space.

collaboration

CafeX Communications, a provider of real-time engagement solutions for mobile and web platforms, has raised an undisclosed amount of funding from Intel Capital. The company will use the new round of funding for expanding its reach among more businesses.

geo-demo

Geospatial web and data service company Urban Mapping has been acquired by spatial data services provider Maponics. The acquisition enhances Maponics’ offerings as it looks develop innovations for its market solution. Terms of the deal were not disclosed.

healthcare

Employer-sponsored health insurance platform developer Collective Health has raised $38 million in Series B funding led by Founders Fund and New Enterprise Associates with participation from Formation 8, Redpoint Ventures, RRE Ventures, and Subtraction Capital. The company will use the new funding for increasing adoption of its platform.

hr

Cloud-based health exchange and benefits engagement platform developer PlanSource has acquired benefits administration business ClearBenefits from BENU. The acquisition expands PlanSource’s presence in the US. Terms of the deal were not disclosed.

legal

Sidus BioData, a provider of compliant hosting solutions and services, has been acquired by data center and IT infrastructure services provider BYTEGRID. The acquisition enhances BYTEGRID’s compliance capabilities for the healthcare sector and Federal Government. Terms of the deal were not disclosed.

security

UK-based enterprise threat detection software developer Darktrace has raised $18 million at a valuation of $80 million in a round of funding from Invoke Capital, Talis Capital, and Hoxton Ventures. The company will use the new round of funding for growing globally while expanding specifically in the Asia Pacific region.

security

Threat detection platform provider Interset has raised $10 million in a round of funding led by Toba Capital and Informatica with participation from Anthem Venture Partners and Telesystem. The company will use the new round of funding for expanding capabilities and accelerating adoption of its platform among new customers.

security

Cybersecurity engineering and research company Ponte Technologies has been acquired by KEYW Holding Corporation (Nasdaq:KEYW). The acquisition enhances KEYW’s capabilities for both government and commercial customers. 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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