Daily Deal Activity 05/01/15

Digital Media/Commerce

Classifieds/auctions/p-to-p

Ireland-based online car rental aggregator and ground transportation services provider CarTrawler, a portfolio company of BC Partners and Insight Venture Partners, has acquired taxi-booking solutions provider Cabforce. The acquisition will allow CarTrawler to push service to more third party travel agencies and airlines. Terms of the deal were not disclosed.

Classifieds/auctions/p-to-p

Germany-based job recommendation platform developer Jobspotting has raised an undisclosed amount of funding from Horizons Ventures. The company will use the new round of funding for expanding headcount and branching out internationally.

ecommerce

Germany-based food delivery services provider Foodpanda, has raised $100 million in a round of funding led by Goldman Sachs with participation from Rocket Internet. The company has raised $310 million to date and will use the new round of funding for expanding its delivery activities and increasing customer experience initiatives.

ecommerce

UK-based simply SimplyCook, provider of a recipe kit service, has raised $1.1 million in a round of funding from Episode 1 Ventures. The company will use the new round of funding for expanding operations and marketing efforts.

mobile content/apps

Music streaming services provider Rhapsody has acquired anonymous chat app developer Reveal Chat. The acquisition provides Rhapsody with the increased user experience capabilities as the company builds out its social chat features. Terms of the deal were not disclosed.

Digital Advertising

comparison shopping

Cross-product price comparison portal BuyingIQ.com has been acquired by price comparison and product discovery engine CarDekho. The acquisition enhances the capabilities of CarDekho’s analytics and scoring system. Terms of the deal were not disclosed.

digital promotion/coupon

Commissary shopping advice, tips, and coupon saving site Thriftyshopaholic.com has been acquired by multichannel digital and point of purchase solutions provider bBig Communications. The acquisition enhances bBig Communications’ marketing presence in the military market. Terms of the deal were not disclosed.

Marketing Technology

ad serving

Finland-based Facebook ad optimization platform developer Smartly.io has raised $2.8 million in a round of funding from Lifeline Ventures. The company will use the new round of funding for building out the capabilities of its platform while focusing on marketing and sales initiatives.

analytics & Targeting, social technology

Brazil-based social media monitoring and analytical technology developer Scup has been acquired by social media management platform Sprinklr. The acquisition allows Sprinklr to extend into the Brazilian market as the company continues to expand through acquisitions. Terms of the deal were not disclosed.

content management

Academic library company Coutts Information Services has been acquired by SaaS-based information content and research solutions provider ProQuest. The acquisition provides ProQuest with enhanced end-to-end workflow capabilities. Terms of the deal were not disclosed.

email/messaging software

Mobile communications and messaging platform developer BlueLine Grid has raised an undisclosed amount of funding from In-Q-Tel. The company will use the new round of funding for developing its platform to serve the national security community.

search & discovery

App discovery and optimization services provider Mobile Action has raised $2 million in a round of funding from Felicis Ventures with participation from Streamlined Ventures, 500 Startups, and Crunchfund. The company will use the new round of funding for enhancing its recommendation and targeting technology.

Agency & Marketing Services

digital agency

Content marketing agency Stryde has acquired marketing strategy, website development, and search engine optimization firm Fit Marketing. The acquisition provides Fit Marketing with increased content and mobile marketing capabilities. Terms of the deal were not disclosed.

social agency

Social and content strategy and cross-channel campaign agency Make Me Social has been acquired by digital agency R2integrated. The acquisition coincides with R2integrated’s expansion strategy and provides the company with increased experience in marketing technology platforms. Terms of the deal were not disclosed.

Software

financial

Mobile and cloud-based financial technology platform developer Payzer has raised $4.2 million in Series A funding led by Grotech Ventures and Route 66 Ventures. The company will use the new round of funding for accelerating sales and marketing initiatives while expanding its engineering and product development teams.

healthcare

Specialized clinical research management software developer Forte Research Systems has raised an undisclosed amount of funding from Primus Capital. The company will use the new round of funding for consolidating its market position. Terms of the deal were not disclosed.

infrastructure

Systems analysis and auditing software developer LimeWare has been acquired by Schneider Electric. The acquisition provides Schneider Electric with pinpointing and proofing capabilities for its process automation business. Terms of the deal were not disclosed.

Business Services

bpo

Synergis Education, a provider of outsourced education and technology services for colleges and universities, has raised an undisclosed amount of funding from Bertelsmann. The company will use the funding for accelerating the development and management of new educational programs.

financial consulting

UK-based financial services startup Dopay has raised $2 million in a round of funding from ACE &Co. and Techstars Ventures. The company will use the new round of funding for developing the capabilities of its mobile app.

staffing

Program and staff management, business intelligence, and collaboration services provider Averro has been acquired by Launch Consulting. The acquisition enhances Launch Consulting’s technical staffing and consulting capabilities. 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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