Daily Deal Activity 03/24/15

Digital Media/Commerce

ecommerce

Small business lending marketplace Lendio has raised $20.5 million in a round of funding led by Napier Park’s Financial Partners Group with participation from Blumberg Capital, North Hill Ventures, Pivot Investment Partners, Tribeca Venture Partners, Runa Capital, and Highway 12 Ventures. The company will use the new round of funding for accelerating online innovation and expanding its partnership program.

mobile content/apps

Connected car mobile app developer Mojio has raised $8 million in Series A funding led by Telekom Capital with participation from Relay Ventures and BDC. The company has raised $10.5 million to date and will use the new round of funding for expanding its engineering talent while bringing its product to the Android platform.

mobile content/apps

Realm, developer of a small database app that resides directly on a smartphone, has raised $20 million in Series B funding led by Khosla Ventures with participation from Scale Venture Partners. The company has raised $29 million to date and will use the new round of funding for hiring talent and expanding into different verticals.

mobile content/apps

Music discovery app developer The Best Song has raised $30 million in a round of funding from undisclosed investors. The company will use the new round of funding for raising product awareness and expanding headcount.

Digital Advertising

mobile marketing

Cloud-based mobile marketing solutions provider Waterfall has acquired Tetherball, a mobile loyalty and rewards solution provider for retailers and ad agencies. The acquisition accelerates Waterfall’s growth in the retail and quick-service restaurant industry segments. Terms of the deal were not disclosed.

online lead generation

Rekindle, developer of a mobile app that lets users discover and connect with friends of friends, has been acquired by HubSpot (NYSE:HUBS). The acquisition enhances HubSpot’s inbound marketing capabilities as the company looks to expand contact databases for its customers. Terms of the deal were not disclosed.

vertical search

Philippines-based online property portal ZipMatch has raised $2.5 million in Series A funding from Monk’s Hill Ventures and 500 Startups. The company has raised $3.5 million to date and will use the new round of funding for international expansion.

Marketing Technology

analytics & targeting

Localytics, developer of a platform for app marketing and analytics, has raised $35 million in Series D funding led by Sapphire Ventures with participation from Foundation Capital and Polaris Partners. The company has raised $60 million to date and will use the round of funding for strengthening its predicative intelligence capabilities.

content management

Enterprise social media management platform developer Falcon Social has raised $16 million in Series B funding led by Prime Ventures with participation from Northcap and Target Partners. The company has raised $23 million to date and will use the round of funding for product development, innovation, and international expansion.

content management

Content marketing platform Keywee has raised $9.1 million in Series A funding led by Innovation Endeavors and Marker LLC with participation from The New York Time Company and UpWest Labs. The company will use the round of capital for product development and growing its sales and marketing efforts.

mobile technology

Singapore-based Viscovery, a developer of image recognition solutions for mobile apps, has raised $5 million in Series A funding led by undisclosed investors. The company will use the new round of funding for developing the image to text search feature in its translation app.

Agency & Marketing Services

specialty

Music publishing and rights management company ole has acquired music marketing agency Jingle Punks. The acquisition will see ole fold its music catalog into Jingle Punks’, and will provide Jingle Punk with funding for future acquisitions while enhancing the company’s rights management offering. Terms of the deal were not disclosed.

Software

cloud computing

UK-based simulated worlds platform developer Improbable Worlds has raised $20 million in a round of funding from Andreessen Horowitz. The company will use the new round of funding for expanding headcount and continuing to build out its platform.

data management

Rubrik, provider of a converged data management platform for eliminating backup software, has raised $10 million in Series A funding led by Lightspeed Venture Partners with participation from private investors. The company will use the new round of funding for partnering more customers with its early access program.

erp

Lexmark International (NYSE:LXK) will acquire capture and business process management software developer Kofax (Nasdaq:KFX) for an estimated $965 million at a representation of 3x revenue. The acquisition enhances Lexmark’s content management and business process management offerings. The deal is currently pending an investigation.

financial

Financial software and consulting services provider First Derivatives has acquired Ireland-based ActivateClients, a developer of cloud solutions for the financial market, for $5.2 million. The acquisition enhances First Derivatives’ software and front end development capabilities.

financial

Real estate investing platform developer Cadre has raised $18.3 million in Series A funding from Thrive Capital and General Catalyst Partners. The company will use the new round of funding for onboarding more partners and offices.

infrastructure

Online file backup, synchronization, and sharing assets solutions provider SugarSync has been acquired by J2 Global (Nasdaq:JCOM). The acquisition reflects the growth of J2’s cloud backup business as the company looks to continue expanding the division organically and through acquisitions. Terms of the deal were not disclosed.

security

Lookingglass Cyber Solutions, provider of a threat intelligence platform for security operations, has raised $20 million in Series B funding led by Neuberger Berman Private Equity Funds with participation from Alsop Louie Partners. The company will use the new capital for expanding its team and increasing the adoption of its solutions among large businesses and government agencies.

security

Enterprise network security platform ProtectWise has raised $17 million in a round of funding from Crosslink Capital, Trinity Ventures, Paladin Capital Group, and Arsenal Venture Partners. The company will use the new round of funding for scaling business operations and while continuing product development efforts.

security

Threat intelligence and risk awareness platform developer Security Scorecard has raised $12.5 million in Series A funding led by Sequoia Capital with participation from Boldstart and Evolution Equity Partners. The company will use the new round of funding for increasing sales and marketing efforts.

security

Mobile threat defense solutions developer Skycure has raised $8 million in Series A funding led by Shasta Ventures with participation from New York Life Insurance Company and Pitango Venture Capital. The company will use the round of funding for growing its sales and marketing efforts, investing in research and development, and hiring talent.

Information

geo-Demo information

AirSage, a provider of population location and traffic information services, has acquired Israel-based Decell Technologies, a developer of predicative road-traffic information offerings. The acquisition expands AirSage’s product portfolio and reach. Terms of the deal were not disclosed.

legal information

Governance, risk, and compliance solutions provider Rsam has raised $32 million in a round of funding from JMI Equity. The company will use the new round of funding for expanding operations and enhancing its auditing and business continuity management services.

Business Services

hr consulting

Recruitment and consulting firm WilsonHCG has acquired Sumner Grace, a provider of talent management, talent acquisition, and workforce planning consulting services. The acquisition will provide WilsonHCG with complimentary offerings. 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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