Daily Deal Activity 06/08/15

Digital Media/Commerce

ecommerce

Global online and mobile food ordering platform Delivery Hero has raised $110 million at a valuation of $3.1 billion in a round of funding from two undisclosed public US-based market investors. The company has raised $1 billion to date and will use the new round of funding for pursuing future acquisitions and focusing on product innovation.

ecommerce

Indonesia-based Ralali, operator of a b-to-b eCommerce marketplace for maintenance, repair, and operational products, has raised $2.5 million in Series A funding from Beenos Plaza and CyberAgent Ventures. The company will use the new round of funding for building out product development and marketing strategies while bolstering user acquisition.

ecommerce

China-based local lifestyle services eCommerce platform Wowo (Nasdaq:WOWO) will acquire Hong Kong-based Join Me Group, operator of a b-to-b procurement platform for the food service industry, for $40 million. The combined entity will rebrand as JM WOWO. Further terms of the deal were not disclosed.

mobile content/apps

Whiteboard app developer Zamurai has been acquired by cloud-based workplace services provider LogMeIn (Nasdaq:LOGM) for $6 million. Zamurai will be integrated into LogMeIn’s online meeting and screen sharing service Join.me. Further terms of the deal were not disclosed.

Digital Advertising

ad networks/exchanges

Norway-based based real-time digital advertising platform Ad Performance has been acquired by real-time advertising and audience measurement company Quantcast. The acquisition coincides with Quantcast’s international expansion strategy. Terms of the deal were not disclosed.

digital video

Russia-based cloud video streaming services provider Ivideon has raised $4 million in a round of funding from Impulse VC. The company will use the new round of funding for further developing its services while focusing on international expansion.

digital video, ad serving

Programmatic television platform and targeting advertisement system developer Visible World will be acquired by Comcast (Nasdaq:CMCS.A). Visible World will operate independently, and the acquisition decreases Comcast’s reliance on third party systems as the company strengthens its programmatic video demand side position. Terms of the deal were not disclosed.

online lead generation

Luxury Retreats, operator of an online accommodation rental marketplace for high-end properties, has raised $11 million in Series B funding from iNovia Capital. The company will use the new round of funding for expanding its geographic footprint while building out its concierge and home management services.

Marketing Technology

sfa/lead management

Sales acceleration solutions developer Colabo has raised $7 million in a round of funding from Marker LLC, The Hive, and Kaedan Capital. The company will use the new round of funding for increasing its compatibility with Oracle CRM integration and building out increased integration capabilities with social networks.

Agency & Marketing Services

digital agency

Digital marketing and search engine optimization agency Blue Logic Digital has acquired creative communications and branding services firm Crazyhorse Creative. The acquisition provides Blue Logic Digital with an extended suite of creative services. Terms of the deal were not disclosed.

digital agency

Germany-based Booming, a search engine optimization services agency, has been acquired by Blackwood Seven, provider of an automated media allocation platform for advertiser campaign insertion. The acquisition coincides with Blackwood Seven’s international expansion strategy. Terms of the deal were not disclosed.

general agency

Ad agency DuFour Advertising, which specializes in traditional creative and video services, has been acquired by marketing solutions firm JGSullivan Interactive. The acquisition broadens JGSullivan Interactive’s portfolio of solutions as the company pursues future acquisitions. Terms of the deal were not disclosed.

Traditional Media

b-to-b Media

Media and events company Northside Media Group will be acquired by media firm Zealot Networks. The acquisition enhances Northside Media Group’s publishing and events platform while providing the company with a wider audience-base. Terms of the deal were not disclosed.

Software

application management

Asynchrony, a technology consulting firm specializing in application development, mobile computing, and tactical collaboration, has been acquired by technology integration firm World Wide Technology. The acquisition provides World Wide Technology with an increased customer base and strengthened software development services. Terms of the deal were not disclosed.

cloud computing

Qwinix Technologies, a provider of application development and agile software solutions, has received a strategic investment from AMG National Corp. The company will use the new funding for building out its platform while allocating resources toward meeting demand. Terms of the deal were not disclosed.

financial

Overture Technologies, a provider of automated decisioning technology for higher education finance, has acquired peer-to-peer University fundraising solutions developer AlumniFidelity. The acquisition will expand the capabilities of Overture’s student loan marketplace while providing increased fundraising options and capabilities. Terms of the deal were not disclosed.

security

Cyber security company Menlo Security has raised $25 million in a round of funding led by Sutter Hill Ventures with participation from General Catalyst and Engineering Capital. The company will use the new round of funding for growing out operations.

software development tools

Germany-based do-it-yourself website builder Jimdo has raised $28 million in a round of funding from Spectrum Equity. The company will use the new round of funding for continuing to develop its product while focusing on scaling its business.

Business Services

bpo

TaskUS, a provider of customer support outsourcing services for startups, has raised $15 million in a round of funding from Philippines-based Navegar. The company will use the new round of funding for scaling operations and expanding headcount.

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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