Daily Deal Activity 06/05/15

Digital Media/Commerce

ecommerce

Salon and beauty booking platform Wahanda has acquired Netherlands-based competitor Treatwell for $38 million. The acquisition provides Wahanda with increased scale as the company increases its vendor partnerships across Europe. Terms of the deal were not disclosed.

mobile content/apps

Sweden-based relationship management app developer Cloapp has raised $5 million in a round of funding from IMOG Investment. The company will use the new round of funding for product development while launching its app internationally.

social media/apps

Enterprise messaging service Pie has raised $1.2 million in a round of funding led by GREE Ventures with participation from private investors. The company has raised $2 million to date and will use the new round of funding for launching the paid version of its app.

Digital Advertising

digital video

Direct response online video network Joyus has raised $24 million in a round of funding led by Marker LLC and Steamboat Ventures with participation from Accel Partners, InterWest, and Timer Warner Investments. The company will use the new round of funding for investing in product, engineering, and expanding distribution for its video network.

digital video

Royalty-free stock video provider Videoblocks has raised $8 million in a round of funding from North Atlantic Capital. The company will use the new round of funding for accelerating the growth of its newly launch marketplace, branching into new verticals, and expanding headcount.

online lead generation

Online concert tracking portal Songkick and artist-to-fan ticket seller CrowdSurge have merged, and the combined entity has raised $16 million in Series C funding from Sequoia Capital, Access Industries, and Index Ventures. The company has branded as Songkick and will use the new round of funding for expanding its services and technology.

Marketing Technology

bi tools

Atlas Technology Group, a developer of sales application and technology for brands, has been acquired by Advantage Sales and Marketing. The acquisition coincides with the launch of Advantage’s Digital Technology division. Terms of the deal were not disclosed.

comemrce management

eCommerce marketing platform Springbot has raised $6 million in a round of funding led by TTV Capital with participation from TechOperators. The company will use the new round of funding for expanding headcount and scaling geographically.

mobile technology

Mobile experience apps and services provider mPortal has been acquired by mobile enablement software developer Broadsoft (Nasdaq:BSFT) from New Venturetec. The acquisition allows Broadsoft to pivot away from its core business of designing software for cable providers and carriers. Terms of the deal were not disclosed.

mobile technology

TabbedOut, developer of a mobile payments platform for bars and restaurants, has raised $21.5 million in Series C funding led by Wellington Management with participation from New Enterprise Associates and Morgan Creek Capital Management. The company has raised $39 million to date and will use the funding for accelerating user acquisition initiatives.

Agency & Marketing Services

digital agency

Internet advertising and digital services agency Flexmedia has been acquired by Dentsu Aegis Network. Flexmedia will be integrated into Dentsu’s SEO and content enhancement network iProspect and will rebrand as Flexmedia iProspect. Terms of the deal were not disclosed.

dm agency

The Townsend Group, a provider of advertising, exhibit, and sponsorship sales and management services for organizations, has been acquired by association management and professional services company SmithBucklin Corporation. The acquisition enhances SmithBucklin’s specialized event and publishing sales services. Terms of the deal were not disclosed.

Traditional Media

b-to-b media

Brazil-based healthcare tradeshow Hospitalar has been acquired by UBM. The acquisition provides UBM with an increased presence in South America while bolstering its event organization portfolio. Terms of the deal were not disclosed.

Software

credit/risk

LightCyber, developer of security platform for enterprise threat prevention, has raised $4.5 million in a round of funding from private investors. The company will use the new round of funding for developing its platform and expanding headcount.

deo-demo

SaaS-based emergency management platform developer SirenGPS has been acquired by technology development company HDS International. The acquisition provides HDS International with an enhanced presence in the emergency management market. Terms of the deal were not disclosed.

enterprise mobility

Enterprise test data management, test design, and optimization software developer Grid Tools has been acquired by CA Technologies (Nasdaq:CA). The acquisition enhances CA Technologies’ DevOps portfolio with increased quality acceleration capabilities. Terms of the deal were not disclosed.

security

Network management and business intelligence solutions provider HelpSystems has acquired SkyView Partners, a provider of security solutions and managed services. The acquisition provides HelpSystems with enhanced security offerings for its network management suite. Terms of the deal were not disclosed.

Information

healthcare information

Digital consumer health company Informed Data Systems has raised $8 million in Series A funding led by RRE Ventures with participation from BoxGroup, LAUNCH Fund, Capital Factory, and Neu Ventures. The company will use the new round of funding for development of its platform while accelerating its adoption among self-insured employers and insurers.

Business Services

healthcare consulting

Paradigm Outcomes, a provider of medical management services, has been acquired by Summit Partners from Lightyear Capital. The acquisition provides Paradigm with the resources for revamping its management team. Terms of the deal were not disclosed.

logistics

Ecom Express, a provider of logistics solutions to India-based eCommerce companies, has raised $130 million in equity funding from Warburg Pincus. The company will use the new funding for developing its customer experience solutions while scaling its business to Warburg Pincus’ network of relationships.

training

Germany-based Speexx, a provider of cloud-based communication and language skills training solutions for large organizations, has raised $5 million in Series A funding from Ventech and Alto Invest. The company will use the new round of funding for enhancing its product and service portfolio while extending its presence globally.

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: