Daily Deal Activity 05/06/15

Digital Media/Commerce

ecommerce

India-based food ordering and delivery services provider Swiggy has raised $15 million in a round of funding from Norwest Venture Partners. The company will use the new round of funding for domestic expansion.

mobile content/apps

China-based ride-hailing app developer eDaijia has raised $100 million in a round of funding led by Warburg Pincus with participation from Matrix Partners and Lightspeed Venture Partners. The company will use the new round of funding for expanding its daytime services.

mobile content/apps

Customizable fitness app developer Nexercise has raised an undisclosed amount of funding from Militello Capital. The company will use the new round of funding for building out a no equipment fitness program app.

mobile content/apps

Sports Tracking Technologies, a developer of digital sports applications and online services, has been acquired by Amer Sports. The acquisition allows Sports Tracking Technologies to expand into other sports and user situations as it focuses on product development. Terms of the deal were not disclosed.

social media/apps

Fitness sharing platform developer KFit has raised an undisclosed amount of funding from 500 Startups, SXE Ventures, and Founders Global. The company will use the new round of funding for expanding operations and hiring talent.

Digital Advertising

digital promotion/coupon

Subscription-based travel package deals company TravelBird has raised $18.7 million in a round of funding from Rocket Internet. The company will use the new round of funding for international expansion while hiring talent.

mobile marketing

Loyalty and engagement solutions provider SessionM has raised $12 million in a round of funding led by Causeway Media Partners with participation from NTT Docomo Capital, Commerce Ventures, Highland Capital Partners, CVR, and Kleiner Perkins Caufield & Byers. The company will use the new round of funding for rolling out its enterprise solution while executing multi-year deals.

Marketing Technology

analytics & Targeting

Sweden-based Automile, developer of a platform that connects cars and their data to the cloud, has raised $5 million in a round of funding from Dawn Capital and Point Nine Capital. The company will use the new round of funding for product development initiatives.

analytics & Targeting

Digital advertising, contextual ad network, and transparency analytics company Proximic has been acquired by comScore (Nasdaq:SCOR). The acquisition provides comScore with context and brand protection offerings for purchase process tracking. Terms of the deal were not disclosed.

bi tools

Big data machine learning and predictive analytics company ColdLight has been acquired by Parametric Technology (Nasdaq:PTC) for $105 million. The acquisition provides Parametric Technology with a core analytics platform for the manufacturing, healthcare, media, and retail industries. Terms of the deal were not disclosed.

crm

Used car dealer management system developer AutoStar Solutions has been acquired by automotive customer relationship management and training company DealerSocket. The acquisition provides DealerSocket with increased offerings for independent dealers. Terms of the deal were not disclosed.

commerce management

Pitney Bowes (NYSE:PBI) has acquired Israel-based eCommerce company Borderfree (Nasdaq:BRDR) for $395 million representing 3.2x revenue. The acquisition provides Pitney Bowes with enhanced technology, commerce, and logistics capabilities as the company looks to branch into the global eCommerce market.

content management

Digital textbook and publishing company Inkling Systems has raised $15 million in Series D funding from Sequoia Capital, Felicis Ventures, General Atlantic, Kapor Capital, McGraw-Hill Education, Pearson, and Tenaya Capital. The company will use the new round of funding for expanding its marketing and sales teams.

email/messaging software

Customer experience firm provider Aurea has acquired email and digital marketing solutions provider Lyris. The acquisition increases Lyris’ multi-channel customer experience offerings as the company looks to expand. Terms of the deal were not disclosed.

market research

Asset International, a data, information, and marketing solutions provider to the global asset management industry, has acquired UK-based financial marketing data research firm Intelligent Financial Systems. The acquisition increases Intelligent Financial Systems’ client network and global presence. Terms of the deal were not disclosed.

marketing data

Mobile app intelligence platform App Annie has acquired Canada-based mobile measurement services provider Mobidia. The acquisition provides App Annie with a dataset for its usage intelligence platform as the company looks to expand internationally. Terms of the deal were not disclosed.

mrm/workflow management

Wrike, developer of a work management platform for high-performance teams, has raised $15 million in Series B funding led by Scale Venture Partners with participation from Bain Capital Ventures. The company will use the new round of funding for expanding globally while investing in product development.

Agency & Marketing Services

digital agency

Marketing agency Merkle has acquired UK-based programmatic media buying performance marketing agency Periscopix. The acquisition coincides with Merkle’s European expansion strategy as the company focuses on future acquisitions. Terms of the deal were not disclosed.

Software

financial

Digit, developer of an automated savings tools for consumers, has raised $11.3 million in Series A funding led by General Catalyst Partners with participation from Baseline Ventures and Google Ventures. The company has raised $13.8 million to date and will use the new round of funding for developing tools for personal savings.

hr

ComplyGlobal, developer of a cloud-based platform for global organizations to manage their compliance requirements, has raised $2.5 million in a round of funding led by IBCC with participation from Tribeca Ventures. The company has raised $4 million to date and will use the new round of funding for enhancing its product offering and growing its customer base.

hr

HR services automation platform Zenefits has raised $500 million at a valuation of $4.5 billion in Series C funding led by FMR and TPG Capital with participation from Founders Fund, Khosla Ventures, Insight Venture Partners, Sound Ventures, Andreessen Horowitz, and Institutional Venture Partners. The company will use the new round of funding for expanding headcount.

security

Real time and automated incident investigation platform developer Cybereason has raised $25 million in Series B funding led by Spark Capital with participation from CRV and Lockheed Martin. The company will use the new round of funding for expanding its research and development and sales and marketing teams.

Information

healthcare information

Healthcare cloud computing company XIFIN has acquired VisualShare, a medical informatics company specializing in image management. The acquisition provides XIFIN with an enhanced care documentation continuity offering for multidisciplinary team collaboration. Terms of the deal were not disclosed.

Business Services

financial consulting

Credit platform Affirm has raised $275 million in a round of funding led by Spark Capital Growth with participation from Jeffries, Andreessen Horowitz, Khosla Ventures, and Lightspeed Venture Partners. The company will use the new round of funding for launching payment options and products at the unbanked population.

financial consulting

Trizic, a provider of digital wealth advisory solutions for financial institutions, has raised $2 million in a round of funding from Operative Capital. The company will use the new round of funding for fully launching its wealth advisory platform.

healthcare consulting

CareLinx, operator of a caregiver marketplace for the elderly and chronically ill, has raised $5 million in a round of funding from Generator Ventures and Zeigler-Link Age. The company will use the new round of funding for expanding its staff while launching national marketing initiatives.

healthcare consulting

InDemand Interpreting, a developer of video remote interpreting and language services to healthcare companies, has raised $4 million in a round of funding from Health Enterprise Partners and Providence Ventures. The company will use the new round of funding for research and development while expanding its sales force.

logistics

India-based eCommerce logistics company Delhivery has raised $85 million in Series D funding led by Tiger Global Management with participation from Multiple Alternate Asset Management, Nexus Venture Partners, Times Internet. The company will use the new round of funding for developing its infrastructure to serve different verticals.

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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