Daily Deal Activity 03/23/15

Digital Media/Commerce

ecommerce

Online catering marketplace ezCater has raised $12 million in a round of funding from Insight Venture Partners, Breton Capital Management, and Launchpad Capital Management. The company has raised $19 million to date and will use the new round of funding for expanding its facilities and increasing headcount.

ecommerce

Furlenco, provider of an online platform for renting furniture for residential use, has raised $6 million in a round of funding from Lightbox Ventures. The company will use the new round of funding for expanding headcount and growing its package offering option.

mobile content/apps

Uber has taken a strategic investment from India-based media firm Times Internet. The investment, which is described as small, will be used for marketing initiatives as Uber looks to raise its visibility in India. Terms of the deal were not disclosed.

Digital Advertising

digital video

Japan-based mobile media company Breaker has raised an undisclosed amount of funding from Dream Incubator and gumi ventures. The company has raised $5 million to date and will use the new capital for accelerating development and implementation of its technology platform while expanding the number of creators it works with and supports.

digital video

Mobile game streaming community operator Shou.TV has raised $1.5 million in a round of funding from private investors. The company will use the new round of funding for expanding headcount and increasing the availability of its community across different platforms.

online lead generation

UK-based subscription document sharing and lead capture solutions provider Edocr has been acquired by Accusoft, a developer of document, content, and imaging solutions software. The acquisition provides Accusoft with a cloud document platform tailored to small businesses. Terms of the deal were not disclosed.

Marketing Technology

ad serving

France-based mobile programmatic platform AdotMob has raised $1.2 million in a round of funding from Iris Capital and Kerala Ventures. The company will use the new round of funding for hiring engineers and consultants, developing its technology, and expanding internationally.

commerce management, mobile technology

Real-time revenue optimization platform for mobile apps The Loadown has raised an undisclosed amount of funding led by IGA Works with participation from Pleasant Valley Fund. The company will use the new round of funding for expanding its pricing services and advertising optimization offerings.

mobile technology

Mobile operating system platform developer Cyanogen has raised $80 million in Series C funding led by Premji Invest with participation from Twitter Ventures, Qualcomm, Telefonica Ventures, Index Ventures, Benchmark, Andreessen Horowitz, and Redpoint Ventures. The company will use the new round of funding for expanding headcount and accelerating the development of its open iOS platform.

search & Discovery

Korea-based Smatoos, an online platform that offers a learning guide for education and technology-related subjects, has raised $2.7 million in Series B funding from Korea Investment Partners, Mirae Asset Venture Investments, and Partners Investment. The company will use the new round of funding for expanding into China and Taiwan while increasing its presence in Japan.

sem/seo tools

Business channel optimization services provider 6D Global Technologies has acquired analytics consulting and search engine optimization firm SwellPath for $5.6 million. The acquisition enhances the capabilities of 6D’s predicative and qualitative solutions, and will allow SwellPath to expand its product suite.

social technology

Media intelligence company Cision has acquired social media engagement platform Viralheat. The acquisition reinforces Cision’s suite of social engagement tools as it looks for further acquisitions to expand its social capabilities. Terms of the deal were not disclosed.

Agency & Marketing Services

healthcare agency

Cambridge BioMarketing, a strategic launch and marketing solutions provider for rare disease and orphan products, has been acquired by digital health and wellness solutions provider Everyday Health (NYSE:EVDY), for $33 million with potential for an additional $5 million. The acquisition will allow Cambridge to utilize data for directly engaging with consumers and healthcare professionals. (Petsky Prunier led transaction)

Software

cloud computing

Cloud-based services firm Day1 Solutions has raised $2 million in a round of funding from private investors. The company will use the new round of funding for expanding its technical cloud services and sales team through expanding headcount and targeting acquisitions.

data management

Schoolrunner, a developer of cloud-based software for helping teachers manage student data, has raised $1.5 million in a round of funding from Colorado Impact Fund. The company will use the new round of funding for building out its platform and increasing the capabilities of its technology.

financial

Real estate investment platform developer LendingHome, which allows individuals and institutions to invest in real estate transactions, has raised $70 million in a round of funding from Renren. The company has raised $103 million to date and will use the new round of funding for expanding within its market.

financial

Online prepaid digital payment and digital wallet solutions provider Skrill Group has been acquired by online and mobile payment processing services Optimal Payments. The acquisition expands Optimal Payments reach in the digital wallet market and provides the company with international scale. Terms of the deal were not disclosed.

financial

Germany-based Spotcap, developer of a lending platform for small businesses, has raised $5.5 million in a round of funding from Kreos Capital. The company has raised $20 million to date and will use the new round of funding for financing online business lending activities and expanding globally.

healthcare

Value-based healthcare technologies solutions developer Health Fidelity has received a significant investment from healthcare system UPMC. The company will use the new round of funding for expanding research and development while strengthening its team. Terms of the deal were not disclosed.

security

Israel-based Solebit Labs, a developer of cybersecurity solutions, has raised $2 million in a round of funding from Glilot Capital Partners. The company will use the new round of funding for accelerating product development and bolstering sales and marketing efforts.

software development tools

Germany-based mobile and web applications developer sprylab has raised $2.2 million in a round of funding from undisclosed investors. The company will use the new round of funding for expanding the adoption of its publishing suite to agencies while increasing sales and marketing efforts.

Information

healthcare information

Population health management solutions provider ZeOmega has acquired HealthUnity, a provider of inoperability information solutions that enables providers to streamline the patient data exchange process. The combined entity will allow providers and payors to share clinical and claims analytics across disparate systems. 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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