Daily Deal Activity 05/07/15

Digital Media/Commerce

classifieds/auctions/p-to-p

Peer-to-peer construction equipment marketplace EquipmentShare has raised $2.1 million in a round of funding from Romulus Capital, Great Oaks Venture Capital, WeFunder, Y Combinator, Sound Ventures, and Funders Club. The company will use the new round of funding for building out the capabilities of its mobile app.

ecommerce

Arts and crafts eCommerce company and community Blitsy has raised $3.6 million in Series A funding led by Greycroft Partners with participation from Data Point Capital, Chicago Ventures, FireStarter Fund, and Lakewest Venture Partners. The company will use the new round of funding for expanding operations.

mobile content/apps

Mobile intelligence app developer Delvv has raised $3.5 million in a round of funding from undisclosed investors. The company will use the new round of funding for developing its content discovery app while launching new products around personalization and filtering.

mobile content/apps

Stock trading app developer Robinhood has raised $50 million in Series B funding led by New Enterprise Associates with participation from Vaizra Investments, Index Ventures, Ribbit Capital, and Social Leverage. The company will use the new round of funding for user acquisition.

niche content

9BLISS, publisher of an eNewsletter for pregnant women, has been acquired by parenting digital brand and community Red Tricycle. The acquisition expands Red Tricycle’s newborn newsletter customer base and content. Terms of the deal were not disclosed.

Digital Advertising

digital video

Multi-market video services company XL Video Group has been acquired by Production Resource Group. The acquisition bolsters Production Resource Group’s entertainment production solutions as the company looks to expand geographically. Terms of the deal were not disclosed.

mobile marketing

Gaming and in-game advertising company RockYou has acquired mobile ad network PlayHaven from Science Inc. The acquisition allows PlayHaven to branch into mobile gaming as the company looks to expand its advertising network. Terms of the deal were not disclosed.

vertical search

JetBay, developer of a platform for foreign inbound travelers to book tours in China, has raised $1.6 million in a round of funding from ChinaRock Capital Management. The company will use the new round of funding for expanding its platform to new markets.

Marketing Technology

analytics & Targeting, social technology

Social media analysis software developer Banjo has raised $100 million in Series C funding led by SoftBank with participation from BlueRun Ventures. The company will use the new round of funding for expanding product capabilities and hiring talent.

analytics & Targeting

Real-time website traffic data provider ChartBeat has raised $15.5 million in Series C funding led by Harmony Partners with participation from Digital Garage, DFJ, and Index Ventures. The company will use the new round of funding for releasing a headline optimization tool for publishers.

analytics & Targeting

Analytics dashboard solutions provider Trovus has been acquired by IT solutions and managed services provider Logicalis. The acquisition coincides with Logicalis’ go to market strategy in the social, mobile, and analytics sectors. Terms of the deal were not disclosed.

bi tools

Business intelligence provider Govini has raised $20 million in Series C funding from Accel Partners, Salesforce Ventures, and Symphony Technology Group. The company will use the new round of funding for expanding its sales and professional services teams while focusing on platform development.

crm

Customer management services provider Tquila has been acquired by Accenture (NYSE:ACN).The acquisition coincides with Accenture’s strategy of positioning itself as a provider of Salesforce services and cloud implementations. Terms of the deal were not disclosed.

email/messaging software

Real-time business messaging platform developer Hall has been acquired by collaboration tools developer Atlassian. The acquisition provides Atlassian with an increased customer base in the financial services, real estate, and professional services industries. Terms of the deal were not disclosed.

Software

big data

UK-based big data services company Big Data Partnership has raised $4.7 million in a round of funding from Beringea. The company will use the new round of funding for expanding its product capabilities while investing in its sales and marketing, engineering, and data science teams.

engineering software

Belgium-based operational software and services for the utilities industry Itineris has raised $10 million led by GIMV with participation from PMV. The company will use the new round of funding for expanding headcount and product development.

engineering software

Lucid, developer of a cloud-based software platform for integrated building management, has raised $14.2 million in Series B funding led by GE Ventures with participation from Formation 8, Zetta Venture Partners, and Autodesk. The company will use the new round of funding for enhancing the capabilities of its software.

financial

Financial planning software provider Finance Logix has been acquired by wealth management software and services provider Envestnet for $32 million. The acquisition will see Finance Logix software integrated into Envestnet’s platform as the company looks to provide both financial planning and investment strategy solutions for clients. Further terms of the deal were not disclosed.

financial

Private placement workflow and connectivity platform developer Zanbato has raised $8 million in Series B funding led by Accelerate-IT Ventures with participation from Formation 8. The company will use the new round of funding for developing its data and technology practice while expanding its presence in private financial markets.

healthcare

Healthcare big data analytics company Dataline Software has been acquired by IMS Health (NYSE:IMC). The acquisition expands the capabilities of IMS Health’s scalable RWE analytics platform as it looks to build out its application suite. Terms of the deal were not disclosed.

security

Online security company AVG Technologies (NYSE:AVG) has acquired Privax, a provider of desktop and mobile privacy services for consumers, for $60 million. The acquisition increases AVG’s existing portfolio of security software as the company looks to grow its global customer base.

Business Services

hr consulting

Customer experience consulting firm SingleStone has acquired DocCompSolutions, a customer communications management technology and process consultancy. The acquisition provides SingleStone with enhanced communications management capabilities. Terms of the deal were not disclosed.

it consulting/systems integration

IT solutions provider Speridian Technologies has acquired Canada-based public sector professional services firm Helm Innovations. The acquisition expands Spreidian’s presence as the company looks to build out its portfolio for the Canadian marketplace. Terms of the deal were not disclosed.

staffing

Work and employer matching firm Kavaliro has acquired Hynes and Company, a provider of staffing services to healthcare providers. The acquisition expands Kavaliro geographically as the company looks to scale with increased headcount. Terms of the deal were not disclosed.

training

India-based education technology company Vedantu has raised $5 million in series A funding from Accel Partners and Tiger Global Management. The company will use the new round of funding for product development and increasing its customer base.

training

Workforce development platform YouScience has raised $3.9 million in a round of funding from private investors. The company will use the new round of funding for development of its product platform while focusing on marketing and sales expansion.

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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