Daily Deal Activity 04/14/15

Digital Media/Commerce

classifieds/auctions/p-to-p

Spain-based Ticketbis, operator of an exchange for buying and selling after-market tickets, has raised $3.2 million in Series E funding from Active Venture Partners. The company has raised $15 million to date and will use the funding for expanding into new markets and improving the quality of its service.

ecommerce

LocalOye, operator of a mobile marketplace for hiring local service professionals, has raised $5 million in Series A funding led by Tiger Global Management and Lightspeed Venture Partners. The company will use the new round of funding for expanding into increased service categories.

gaming

Frenzoo, a developer of lifestyle games for women and girls, has raised $1 million in a round of funding from Fresco Capital and K5 Ventures. The company has raised $3 million to date and will use the new funding for accelerating the development of new gaming titles while investing in app marketing and user acquisition.

mobile content/apps

Mobile photo editing app developer Picsart has raised $15 million at a valuation of $250 million led by undisclosed investors with participation from Sequoia Capital. The company will use the new round of funding for developing video editing capabilities while expanding its user base.

mobile content/apps

Israel-based interactive sheet music app developer Tonara has raised $5 million in a round of funding led by Baidu with participation from Carmel Ventures. The company will use the new round of funding for international expansion.

Digital Advertising

mobile marketing

Wrap Media, developer of a mobile marketing and interactive commerce platform, has raised $3.5 million in Series A funding from FF Angel and Raine Ventures. The company has raised $6 million to date and will use the new funding for launching out of beta testing.

Marketing Technology

analytics & Targeting

RemitDATA, a provider of comparative data analytics solutions to the healthcare sector, has acquired IF Technologies, a provider of care pricing analytics and transparency solutions. The acquisition provides RemitDATA with an enhanced collaboration offering for its transparency solution. Terms of the deal were not disclosed.

content management

Pocket, provider of a service that allows you to save content across the web for later viewing, has raised $7 million in Series B funding led by New Enterprise Associates with participation from Sound Ventures, QueensBridge Venture Partners, and Foundation Capital. The company has raised $14.5 million to date and will use the new round of funding for launching a new web app.

marketing Asset Management

Audio and video software developer Avid Technology has acquired Israel-based Orad Hi-Tec Systems, a provider of media asset management solutions, for $60 million at a valuation of 1.4x revenue. The acquisition strengthens Avid’s content creation to distribution workflow capabilities.

mobile technology

Touchbistro, developer of a mobile point-of-sale solution for the food and drink industry, has raised $6 million in Series A funding from Kensington Capital Partners, Relay Ventures, Difference Capital, and JUST EAT. The company has raised $12 million to date and will use the new round of funding for enhancing and integrating its offering with JUST EAT solutions.

out of beta testing.

Agency & Marketing Services

public relations

Strategic investor relations firm Allen & Caron has been acquired by Dresner Corporate Services, a communications firm specializing in investor and public relations. The merger enhances the combined entity’s management talent and customer base. Terms of the deal were not disclosed.

Software

big data

SequenceIQ, a developer of rapid deployment tools for Hadoop, has been acquired by Hadoop open source project Hortonworks. The acquisition provides Hortonworks with strengthened deployment and automation capabilities. Terms of the deal were not disclosed.

healthcare

Healthcare revenue cycle solutions developer The SSI Group has acquired patient access management software developer Provider Advantage. The acquisition provides The SSI Group with a developed front-end cycle process for point-of-service collections. Terms of the deal were not disclosed.

security

SaaS-based security company Adallom, which focuses on auditing user activity and protecting user information from threats in real time, has raised $30 million in a round of funding led by Hewlett Packard Ventures and Rembrandt Venture Partners with participation from Sequoia Capital and Index Ventures. The company will use the new round of funding for increasing sales and marketing efforts.

security

Cloud-based cyber security solutions developer Duo Security has raised $30 million in Series C funding led by Redpoint Ventures with participation from Benchmark, Google Ventures, Radar Partners, and True Ventures. The company will use the round of funding for launching a new network security product.

security

Cybersecurity company Illumio has raised $100 million in Series C funding led by BlackRock and Accel Partners with participation from Formation 8, Andreessen Horowitz, and General Catalyst Partners. The company will use the new round of funding for expanding its branding, research and development, and sales initiatives.

security

Security and network infrastructure solutions provider FireMon has acquired Immediate Insight, a provider of compromised security recognition solutions. The acquisition expands FireMon’s focus from device and configuration management into event management. Terms of the deal were not disclosed.

security

Security software company Phantom Cyber has raised $2.7 million in a round of funding from Foundation Capital, Rein Capital, and private investors. The company will use the new round of funding for undergoing design testing and launching out of beta.

software development tools

nPm, a developer of software tools for JavaScript developers, has raised $8 million in Series A funding led by Bessemer Venture Partners with participation from True Ventures. The company will use the new round of funding for strengthening existing relationships while developing new sales initiatives.

virtualization

Cloud container company Docker has raised $95 million at a valuation of $1 billion in Series D funding led by Insight Venture Partners with participation from Coatue Management, Goldman Sachs, Northern Trust, Benchmark, Greylock partners, Sequoia Capital, Trinity Ventures, and AME Cloud Ventures. The company will use the new round of funding for focusing on broad-based adoption of its technology.

Information

healthcare information

Electronic health record data aggregation and analytics solutions Arcadia Healthcare Solutions, has raised $13 million in a round of funding from Peloton Equity and Zaffre Investments. The company will use the new round of funding for building out the capabilities of its technology while accelerating sales and marketing efforts.

healthcare information

Patient identification solutions developer CrossChx has raised $15 million in Series B funding led by Khosla Ventures with participation from Drive Capital. The company has raised $20 million to date and will use the new round of funding for expanding its customer base, hiring talent, and developing its mobile platform.

Business Services

financial consulting

Small business lending marketplace Lendio has acquired Business Bounce, a business financing facilitator. The acquisition allows Lendio to expand geographically while accelerating loan volume to meet current business loan demand. Terms of the deal were not disclosed.

training

Higher education software and services company Ellucian has acquired learning management system developer Helix Education. The acquisition will allow Ellucian to offer new learner analytics capabilities for colleges tracking nontraditional students. 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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