Daily Deal Activity 05/28/15

Digital Media/Commerce

ecommerce

Self-drive car rental service Zoomcar has raised $5 million in Series B funding from Sequoia Capital and private investors. The company has raised $11 million to date and will use the new round of funding for expanding its network geographically.

mobile content/apps

Boating reservation mobile app developer Dockwa has raised $1.1 million in a round of funding from Matrix Partners. The company will use the new round of funding for increasing headcount while expanding the capabilities of its platform.

niche content

Vegetarian cooking website and community Oh My Veggies has been acquired by lifestyle content and third party advertising digital media company 301 Digital Media. The acquisition coincides with 301 Digital Media’s food-related content expansion strategy. Terms of the deal were not disclosed.

Digital Advertising

ad networks/exchanges

Advertising platform developer GumGum has raised $26 million in Series C funding led by Morgan Stanley Expansion Capital with participation from New Enterprise Associates, Upfront Ventures, and First Round Capital. The company will use the new round of funding for accelerating its expansion into international markets while continuing product development.

vertical search

Vacation and rental website Flat4Day has raised $2 million in a round of funding from HomeAway (Nasdaq:AWAY). The company has raised $6 million to date and will use the new round of funding for expanding operations.

Marketing Technology

market research

Corporate surveys provider Survey Sampling International has acquired Australia-based and New Zealand-based B2B and B2C research firms MyOpinions and SmileCity. The acquisitions provide SSI with a broader reach geographically as the company looks to strengthen its market position in both countries. Terms of the deal were not disclosed.

marketing data

Denmark-based Trustpilot, operator of a review community for online shoppers, has raised $73.5 million in Series D funding from Vitruvian Partners with participation from Index Ventures, DFJ Esprit, and Northzone. The company has raised $118.5 million to date and will use the new round of funding for growing its presence in North America.

media management system

Sports video platform Hudl has acquired Australia-based Sportstec, a provider of sports video analysis software. The acquisition provides Hudl with a strengthened position in the global sports market as the company looks to deepen client relationships. Terms of the deal were not disclosed.

mobile technology

Personalized and private mobile experience technology developer AutoGraph has raised $2.7 million in a round of funding from Voyager Capital. The company has raised $4.7 million to date and will use the new round of funding for expanding its product offering.

mobile technology

Application to person SMS provider Mblox has acquired the SMS business division of mobile advertising technology company 4INFO. The acquisition provides Mblox with an expanded customer base and enhanced technology as 4INFO looks to consolidate its core business. Terms of the deal were not disclosed.

mrm/workflow management

Vestafy, developer of workflow management solutions for the animal welfare industry, has been acquired by animal insurance and database management firm Pethealth. The acquisition delivers new capabilities to Pethealth’s existing suite of offerings. Terms of the deal were not disclosed.

product/price software

Predictive sales analytics software developer C9 has been acquired by sales acceleration technology developer Insidesales.com. The acquisition provides Insidesales.com with an enhanced prediction databased for sales pipelines of enterprise sales teams. Terms of the deal were not disclosed.

teleservice/eservices

UK-based SaaS contact center communications solutions provider DXI has been acquired by communications and collaboration services provider 8×8 (Nasdaq:EGHT) for $25.3 million. The acquisition coincides with 8×8’s international expansion strategy. Further terms of the deal were not disclosed.

website creation/hosting

Madison Dearborn Partners has acquired a majority stake in web hosting and managed cloud services company Liquid Web. The acquisition will provide Liquid Web with the resources for international expansion and developing new managed hosting products. Terms of the deal were not disclosed.

Agency & Marketing Services

promotion agency

China-based field marketing and promotional agency Always Marketing Services, a WPP subsidiary, has acquired event management, marketing premium sourcing, and digital marketing firm 3ree. The acquisition coincides with Always Marketing Services’ Asia expansion strategy. Terms of the deal were not disclosed.

Traditional Media

b-to-b media

Jewelry exhibition and conference Jewelers International Showcase has been acquired by Reed Exhibitions. The acquisition expands Reed Exhibitions’ jewelry portfolio as the company focuses on increasing sales and marketing efforts while strengthening brand relationships. Terms of the deal were not disclosed.

consumer magazine publishing

Corporate social responsibility communication platform developer 3BL Media has acquired UK-based Dunstans Publishing, a corporate responsibility newsletter and magazine publishing firm. The acquisition expands the 3BL Media’s range of corporate social responsibility and sustainability communications services. Terms of the deal were not disclosed.

entertainment media

Integrated media management services provider Point 360 has acquired post production services company Modern VideoFilm. The acquisition provides Point 360 with an increased client base and a broader range of production, post, and distribution solutions. Terms of the deal were not disclosed.

Software

application management

Agile development software and services firm Rally Software Development (NYSE:RALY) has been acquired by CA Technologies (Nasdaq:CA) for $480 million, representing 5.5x revenue. The acquisition boosts the capabilities of CA Technologies’ application development offerings.

cloud computing

Healthcare cloud computing company ClearDATA has raised $25 million in Series C funding from Heritage Group, HLM Venture Partners, Flare Capital Partners, and Norwest Venture Partners. The company will use the round of funding for launching new products.

collaboration

Human resources productivity and collaboration solutions provider Web4 has been acquired by enterprise communication firm Neudesic. Web4 will operate as a business unit of Neudesic as the company develops improved market reach and accessibility capabilities. Terms of the deal were not disclosed.

erp

Marketing logistics, fulfillment services, and supply chain management company Archway has acquired PogMaker Software, developer of an in-store compliance application. The acquisition enhances Archway’s in-store visibility and accountability solutions. Terms of the deal were not disclosed.

financial

Payfirma, developer of a multi-channel payment platform for medium-sized companies, has raised $13 million in a round of funding from Dundee Capital Markets. The company will use the new round of funding for deepening its product offering while pursuing strategic partnerships.

healthcare

lifeIMAGE, developer of a network for exchanging medical imaging, has raised $17.5 million in a round of funding led by Cambia Health Solutions with participation from Cardinal Partners, Galen Partners, and Long River Ventures. The company will use the new round of funding for expanding resources for its customer base while implementing go to market initiatives.

Business Services

training

UK-based e-learning company Epigeum has been acquired by print and digital book publisher Oxford University Press for $16.3 million. The acquisition advances Oxford University Press’ online content and services strategy for universities and colleges.

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.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: