Daily Deal Activity 05/05/15

Digital Media/Commerce

classifieds/auctions/p-to-p

Australia-based outsourced tasks, services, and hired staff marketplace developer Airtasker has raised $6.5 million in a round of funding led by Morning Crest Capital with participation from Exto Partners, Carthona Capital, and Black Sheep Capital. The company will use the new round of funding for international expansion.

ecommerce

Subscription snack food box service provider NatureBox has raised $30 million in Series C funding led by Global Founders Capital with participation from Neuberger Berman Equity, Kensignton Capital, General Catalyst Partners, Canaan Partners, and SoftBank Capital. The company has raised $60 million to date and will use the new round of funding for bringing its direct-to-consumer model to new categories and channels.

ecommerce

Turkey-based food delivery company Yemeksepti has been acquired by Rocket Internet owned Delivery Hero for $589 million. The transaction will see General Atlantic become shareholders in Delivery Hero, and the acquisition itself is noted as the largest-ever acquisition in the food-ordering sector. Further terms of the deal have not been disclosed.

mobile content/apps

Chat and document sharing app developer FileChat has raised $3 million in a round of funding from private investors. The company will use the new round of funding for product development before initial out of beta launch.

mobile content/apps

Parkifi, developer of a real-time parking spot occupancy platform, has raised $2 million in a round of funding from Galvanize Ventures and Access Ventures. The company will use the new round of funding for expanding headcount and developing its platform in target markets.

mobile content/apps

Smart scheduling app developer Timeful has been acquired by Google. The acquisition will see Timeful integrated into Google Apps as it looks to enhance the time management capabilities of its Inbox and Calendar features. Terms of the deal were not disclosed.

niche content

Digital media company PureWow, which specializes in women’s lifestyle content, has raised $2.5 million in a round of funding from VaynerRSE, Lerer Hippeau Ventures, Pritzker Group Venture Capital, Great Oaks Ventures Capital, and Galvanize Ventures. The company will use the new round of funding for expanding its editorial division while developing content for new verticals.

Marketing Technology

ad serving

Paid search platform developer adX Search has been acquired by high frequency marketing platform developer Gravity4. The acquisition strengthens Gravity4’s European presence and coincides with its overall expansion strategy. Terms of the deal were not disclosed.

commerce management

Mobile and cloud-based multisite property management company SMS Assist has raised $45 million in a round of funding from Insight Venture Partners. The company will use the new round of funding for developing its technology, growing operations, expanding headcount, and entering new markets.

market research

Sports technology and data company STATS, a portfolio company of Vista Equity Partners, as acquired UK-based Prozone, a provider of athlete tracking and sports performance analytics. The acquisition expands STATS’ geographic coverage while adding complimentary technology to its analytics suite. Terms of the deal were not disclosed.

mrm/workflow management

Dasheroo, developer of a business dashboard for small and medium-sized business and agencies, has raised $3.3 million in Series A funding from Cloud Apps Capital Partners. The company will use the new round of funding for developing its global business dashboard product.

search & Discovery

Legal profession integrated technology solutions provider Epiq Systems (Nasdaq:EPIQ) has acquired Iris Data Services, a provider of managed services for eDiscovery, for $134 million representing 3.5x revenue. The acquisition provides Epiq Systems with enhanced managed services capabilities for international clientele.

social technology

Sweden-based enterprise-level social collaboration platform developer Incentive has raised $1.7 million in a round of funding from private investors. The company has raised $3.5 million to date and will use the new round of funding for US expansion, increased marketing and sales initiatives, and bolstering product development efforts.

Agency & Marketing Services

digital agency

Women’s Marketing, a media strategy and buying firm for re-emerging brands, has acquired performance-based digital marketing agency Flying Point Digital. The acquisition bolsters Women’s Marketing’s content development, search engine marketing, and website optimization capabilities. Terms of the deal were not disclosed.

social agency

Social media content and campaign designer McBeard has been acquired by video content and audience engagement media company Fullscreen. The acquisition strengthens Fullscreen’s content development program with enhanced cross-platform and social media distribution capabilities. Terms of the deal were not disclosed.

Software

credit/risk

SaaS-based supply chain traceability and authentication solutions developer ScanTrust has raised $1.2 million in a round of funding from AngelVest and SOS Capital. The company will use the new round of funding for product development initiatives.

healthcare

Clinical pathology software developer Cartagenia has been acquired by Agilent Technologies (NYSE:A). The acquisition provides Agilent Technologies’ with enhanced lab collaboration capabilities as the company looks to expand its data reporting division. Terms of the deal were not disclosed.

healthcare

SaaS-based healthcare compliance and credential solutions provider symplr has acquired CBR Associates, a developer of software applications for physician credentialing, risk management, and quality management. The acquisition expands symplr’s SaaS offerings. Terms of the deal were not disclosed.

security

Security data and analytics software developer Rapid7 has acquired NT OBJECTives, a web and mobile application security testing company. The acquisition expands Rapid7’s threat exposure management offering as it looks to upgrade its capabilities to the level of modern infrastructures. Terms of the deal were not disclosed.

software development tools

Cloud communication infrastructure and application API provider Twilio has raised $100 million in Series E funding at a valuation of $1.1 billion from undisclosed investors. The company will use the new round of funding for continuing to build out its launched video capabilities.

virtualization

Software-defined virtualization network provider CloudGenix has raised $25 million in Series B funding led by Bain Capital Ventures with participation from CRV and Mayfield Fund. The company has raised $34 million to date and will use the new round of funding for accelerating sales expansion and product growth.

Business Services

bpo

Real estate appraisals service provider Solidifi, a subsidiary of Real Matters, has acquired home equity outsourced services provider Southwest Financial Services. The acquisition strengthens Solidifi’s offerings for the home equity market. Terms of the deal were not disclosed.

hr consulting   

Human resources, payroll, and benefits administration firm Zuman has acquired SuperiorHR, a provider of human resources consulting and operational support for payroll and benefit administration. The acquisition coincides with Zuman’s market expansion strategy. Terms of the deal were not disclosed.

it consulting/systems intregration

Enterprise IT consulting firm Navint Partners has received a growth investment from Boathouse Capital. The company will use the new round of funding for expanding geographically, enhancing its service offering, and making strategic add-ons.

it consulting/systems intregration

IT and software consulting services provider Sayers has been acquired by Virgo Capital. The acquisition provides Sayers with the resources for strengthening its IT value chain offerings and geographic expansion. Terms of the deal were not disclosed.

logistics

Greenbriar Equity Partners has acquired supply chain solutions provider SEKO Logistics. The acquisition will provide SEKO Logistics with resources for increased range as the company looks to expand into omni-channel retail, eCommerce services, and home delivery markets. 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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