Daily Deal Activity 05/15/15

Digital Media/Commerce

ecommerce

Ridesharing services provider Lyft has raised an additional $150 million in funding from Icahn Enterprises and private investors. The new funding follows this past March’s $530 million round. The company has raised $1 billion to date and will use the new round of funding for deepening its presence in the US while continuing to build out its product.

mobile content/apps

Neumob, developer of a mobile app designed to speed up other mobile apps, has raised $2.3 million in a round of funding from Accel Partners, Shasta Ventures, Menlo Ventures, Plug and Play Ventures, Lightbank, Eniac Ventures, SV Frontier, and TriplePoint Capital. The company will use the new round of funding for further product development.

mobile content/apps

Umano, a provider of voiceover services for content recordings on websites and applications, has been acquired by Dropbox. Umano will be shutting down its service. Dropbox has yet to reveal how the company’s services will be integrated into its own offering. Terms of the deal were not disclosed.

mobile content/apps

Interactive audio content and advertising services provider XAPPmedia has raised $3.8 million in Series A funding from undisclosed investors. The company has raised $6.8 million to date and will use the new round of funding for expanding its interactive audio services to pure play and streaming radio providers.

niche content

Surf content network and online publishing/content provider Magicseaweed and Stab Magazine have been acquired by online surf retailer SurfStich for $11.1 million. The acquisitions accelerate SurfStich’s strategy of becoming a destination for action sports content and online retail. Further terms of the deals were not disclosed.

Digital Advertising

ad networks/exchanges

Turkey-based mobile ad network Mobilike has been acquired by Opera Mediaworks, the mobile advertising subsidiary of Opera. Mobilike’s network of publishers and advertisers will be integrated into Opera’s platform as Opera Mediaworks looks to expand its presence internationally. Terms of the deal were not disclosed.

mobile marketing

Mobile demand-side platform developer StrikeAd has been acquired by Sizmek (Nasdaq:SZMK) for $11.7 million. The acquisition provides Sizmek with a buying platform and enhanced creative tools for brands struggling with a mobile-specific strategy. Further terms of the deal were not disclosed.

Marketing Technology

bi tools

Singapore-based Alpha7, a provider of business priority management solutions, has raised $2.3 million in a round of funding from undisclosed investors. The company will use the new round of funding for increasing headcount, building out its management team, and expanding geographically.

market research

Real-time commercial real estate information platform developer RealMassive has raised an undisclosed amount of Series A funding led by RHS Investments with participation from Capital Factory and private investors. The company will use the new round of funding for focusing on monetizing in the domestic market while expanding product and marketing efforts.

mrm/workflow management

Source Medical Solutions, a provider of software and billing services to outpatient surgery centers and specialty hospitals, has acquired LaClaro, a provider of automation tools and management reporting solutions to the healthcare marketplace. The acquisition provides Source Medical Solutions with enhanced workflow process and on-demand analytics solutions. Terms of the deal were not disclosed.

Software

collaboration

Canada-based employee engagement platform developer Officevibe has raised $1 million in a round of funding from GSoft Ventures. The company will use the new round of funding for scaling its business, building out its product capabilities, and hiring talent.

hr

UK-based payroll and cash management services provider dopay has raised $2 million in a round of funding from ACE & Company and Techstar Ventures. The company will use the new round of funding for launching its services in Egypt and expanding into new markets.

Security

SpiderOak, a developer of privacy solutions for cloud storage, has raised $3.5 million in a round of funding from private investors. The company will use the new round of funding for building out product capabilities while expanding geographically.

Business Services

bpo

Business process automation system developer Renewity Systems has raised and undisclosed amount of funding from Naavon Capital and private investors. The company will use the new round of funding for advancing its product’s capabilities and scaling the company.

healthcare consulting

Healthcare insight and analytics solutions provider Decision Resources Group, a subsidiary of Piramal Enterprises, has acquired Healthcare Business Insights, a provider of best practice research and training services for hospitals. The acquisition allows Decision Resources Group to expand into the healthcare provider’s space. Terms of the deal were not disclosed.

training              

Brazil-based education technology company Geekie has raised $7 million in a round of funding from Mitsui & Co., Omidyar Ventures, Gera Venture, and Virtuose. The company will use the new round of funding for market expansion and product development initiatives.

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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