Daily Deal Activity 06/10/15

Digital Media/Commerce

classifieds/auctions/p-to-p

Australia-based small business short-term capital provider Moula has raised $30 million in a round of funding led by Liberty Financial with participation from NCN Investments. The company will use the new round of funding for expanding in the small business lending market.

ecommerce

On-demand laundry startup Rinse has raised $3.5 million in a round of funding from Arena Ventures, ff Venture Capital, Great Oaks Venture Capital, Accelerator Ventures, Base Ventures, and Structure Capital. The company will use the new round of funding for expanding its service geographically.

ecommerce

Music streaming service provider Spotify has closed its Series G round of funding at $526 million with a valuation exceeding $8.5 billion. Investors include Goldman Sachs, GSV Capital, Asset Management Partners, D.E. Shaw & Company, and TeliaSonera. The company has raised $1.1 billion to date.

mobile content/apps

Duolingo, developer of a language learning app, has raised $45 million in a round of funding led by Google Capital with participation from Union Square Ventures, New Enterprise Associates, and Kleiner Perkins Caufield & Byers. The company will use the new round of funding for developing platform capabilities while expanding its presence in schools.

mobile content/apps

Roommate and housing search mobile app developer Roomi has raised $2 million in a round of funding from DCM Ventures. The company will use the new round of funding for expanding the features of its product, expanding to Android, and hiring talent.

mobile content/apps

User-generated do-it-yourself app developer Snapguide has been acquired by eCommerce and lifestyle media company Brit+Co. The acquisition coincides with Brit+Co.’s native content development strategy. Terms of the deal were not disclosed.

social media/apps

Online dating agency developer EliteMedianet has been acquired by Oakley Capital Private Equity from Tomorrow Focus for $24.7 million. The acquisition provides EliteMedianet with an extended audience as it integrates with Oakley Capital’s matchmaking services provider portfolio company Parship. Terms of the deal were not disclosed.

Digital Advertising

ad networks/exchanges

Local advertising programmatic media-buying platform ZypMedia has raised $4.4 million in Series B funding led by Sinclair Broadcast Group with participation from U.S. Venture Partners. The company will use the new round of funding for developing its proprietary platform while rolling out nationwide.

mobile marketing

Bluefocus Communications has acquired a 51 percent majority stake in China-based mobile advertising services provider Madhouse for $61.2 million. The company has also acquired China-based mobile internet advertising services company Domob for $178.9 million. The acquisitions coincide with Bluefocus’ mobile expansion strategy. Further terms of the deals were not disclosed.

vertical search

Wedding planning website WeddingWire has acquired GayWeddings.com, operator of a wedding marketplace for same-sex couples. The acquisition provides WeddingWire with an extended presence in the gay wedding market. Terms of the deal were not disclosed.

Marketing Technology

analytics & Targeting

Arrowlytics, a developer of business intelligence and analytics solutions for healthcare providers, has raised $3 million in a round of funding from Surgical Care Affiliates. The company will use the new round of funding for expanding sales and marketing initiatives, strengthening implementation, and developing new product capabilities.

mobile technology

Location-based mobile marketing platform developer Verve Mobile has acquired Fosbury, a developer of mobile wallet solutions. The acquisition provides Verve Mobile platform with enhanced in-store engagement and validation capabilities. Terms of the deal were not disclosed.

sfa/lead generation

Predictive marketing and sales applications developer Lattice Engines has raised $28 million in Series D funding led by River Cities Capital Funds with participation from Blue Cloud Ventures, Sequoia Capital, and New Enterprise Associates. The company will use the new round of funding for hiring talent and developing its engineering division while expanding its partner ecosystem.

Traditional Media

b-to-b media

Germany-based fashion eCommerce company Zalando has acquired Germany-based lifestyle tradeshow operator Bread & Butter Tradeshow. The acquisition is a result of Bread & Butter’s recent bankruptcy announcement. Terms of the deal were not disclosed.

Software

healthcare

SaaS-based healthcare providers analytics platform QualMetirx has raised $5 million in Series B funding from private investors. The company has raised $9.3 million to date and will use the new round of funding for accelerating its go-to-market strategy while expanding its presence in the healthcare analytics market.

financial

Australia-based Booking Boss, developer of inventory and management software for tour operators, has raised $2 million in Series A funding from Acequia Capital and private investors. The company will use the new round of funding for expanding internationally.

financial

Terminal point-of-sale software developer Multipost has been acquired by Canada-based retail information and financial solutions company ACCEO Solutions. The acquisition provides ACCEO Solutions with an expanded product range. Terms of the deal were not disclosed.

security

CA Technologies (Nasdaq:CA) has acquired Israel-based identity management applications developer IdMlogic for $20 million. The acquisition bolsters CA’s security portfolio while enhancing the company’s presence in Israel. Further terms of the deal were not disclosed.

Business Services

it consulting/systems integration

India-based corporate IT back-office advisory firm ANSR Consulting has raised $9 million in a round of funding from Accel Partners with participation from individual investors. The company will use the new round of funding for creating additional engagement programs for startups to work with multinational companies.

training

Workplace assessment technology and services provider Digital Assess has raised $3 million in a round of funding from private investors.

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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