Daily Deal Activity 06/17/15

Digital Media/Commerce

classifieds/auctions/p-to-p

China-based home and property rental site Tujia.com has raised $250 million at a valuation of $1 billion led by All-Stars Investment with participation from Ctrip International. The company will use the new round of funding for expanding its presence internationally.

ecommerce

Canada-based digital real estate marketing network DuProprio has been acquired by Yellow Pages for $50 million. The acquisition will provide Yellow Pages with an increased number of listings and an enhanced discovery platform. Further terms of the deal were not disclosed.

gaming

UK-based gaming platform FACEIT has raised $2 million in a round of funding from United Ventures. The company will use the new round of funding for expanding headcount, increasing user base, and launching new titles for its platform.

mobile content/apps

Brightwheel, developer of a SaaS-based mobile platform for early education providers, has raised $2.2 million in a round of funding led by RRE Ventures and Eniac Ventures with participation from Crosslink Capital, Golden Venture Partners, and Sherpa Ventures. The company will use the new round of funding for releasing an updated app with automated billing features.

mobile content/apps

Restaurant discovery app developer Flavour has been acquired by culinary media firm Tasting Table. The acquisition provides Tasting Table with personalized restaurant recommendation capabilities for its platform. Terms of the deal were not disclosed.

niche content

RaceFansTV.com, a provider of motorsport racing video content, has been acquired by Motorsport.com. The acquisition strengthens Motorsport.com’s video infrastructure portfolio as the company continues to expand internationally. Terms of the deal were not disclosed.

Digital Advertising

ad networks/exchanges

Digital publisher Evolve Media has acquired online ad network Martini Media. Martini Media will continue operation as Evolve Media looks to pivot toward offering both affluent publishing and affluent marketing solutions. Terms of the deal were not disclosed.

digital video

Personalized video recommendation provider Iris.tv has raised $5.3 million in Series A funding from BDMI and Progress Ventures. The company will use the new round of funding for hiring talent and developing new product features.

mobile marketing

Digital performance marketing services provider XLMedia will acquired a 54 percent majority in web and mobile performance media company Marmar Media for $7.4 million. The acquisition coincides with XLMedia’s expansion strategy.

Marketing Technology

content management

Landing page and lead generation platform LeadPages has raised $27 million in Series B funding led by Drive Capital with participation from Foundry Group and Arthur Ventures. The company has raised $36 million to date and will use the new round of funding for expanding its engineering division and bolstering its sales team.

content management

Digital book publishing platform Pronoun has raised $3.5 million in a round of funding from Avalon Ventures. The company will use the new round of funding for further developing its technology while focusing on expansion of its data analytics capabilities.

internet services provider

Mobile data and voice service company FreedomPop has raised $30 million in Series B funding led by Partech Ventures with participation from DCM Capital and Mangrove Capital. The company has raised $49 million to date and will use the new round of funding for adding additional services to its offering.

Software

application management

App performance management software company Keynote has been acquired by Thoma Bravo-owned digital performance software company Dynatrace. Dynatrace will integrate Keynote products into its platform. Terms of the deal were not disclosed.

big data

Open source storage software developer Minio has raised $3.3 million in a round of funding led by General Catalyst and Nexus Ventures with participation from AME Cloud Ventures, Index Ventures, and private investors. The company will use the new round of funding for developing out its server and library capabilities.

big data                               

SQL Sentry, developer of SQL software for database professionals, has raised $25 million in a round of funding from Mainsail Partners. The company will use the new round of funding for product development, scaling sales and marketing, and increasing client services initiatives.

geo-demo

Mapbox, developer of a mapping platform for developers, has raised $53 million in Series B funding led by DFJ with participation from DBL Partners, Foundry Group, Thrive Capital, Promus Ventures, and Pritzker Group. The company will use the new round of funding for expanding engineering, sales, and operations headcount.

healthcare

Telemedicine provider Doctor on Demand has raised $50 million in Series B funding led by Tenaya Capital with participation from Qualcomm Ventures, Dignity Health, Venrock, and Shasta Ventures. The company has raised $74 million to date and will use the new round of funding for expanding its video telemedicine service.

healthcare

GTCR has made an equity investment in pharmacy management software developer Rx30. The company will use the new round of funding for product development initiatives while focusing on international expansion. Terms of the deal were not disclosed.

healthcare

Compliance software and services provider VAT Applications has been acquired by cloud based compliance solutions provider Avalara. The acquisition provides Avalara with increased global reach as the company looks to provide increase compliance content for European merchants. Terms of the deal were not disclosed.

hr

Health and wellness startup Limeade has acquired cloud-based online training company 9Slides. The acquisition provides Limeade with enhanced presentation and training capabilities for its workforce improvement platform. Terms of the deal were not disclosed.

software development tools

SaaS-based mobile app platform developer Bluebridge has raised $2 million in a round of funding led by Cultivation Capital with participation from Allos Ventures. The company will use the new round of funding for focusing on customer success initiatives, building out product capabilities, and accelerating into new market segments.

software development tools

End-to-end mobility solutions provider Letsgomo has been acquired by eCommerce marketplace Snapdeal. The acquisition provides Snapdeal with enhanced capabilities and functionality for supporting its mobile platform. Terms of the deal were not disclosed.

virtualization

Accelerite, a developer of software solutions for IT, mobile, and cloud infrastructure, has acquired Convirture, a provider of virtualization and cloud environments. The acquisition provides Accelerite with increased cloud environment IT capabilities. Terms of the deal were not disclosed.

Business Services

staffing

Germany-based Studitemps, a temporary jobs provider, has raised $12.4 million in Series C funding from Iris Capital, XAnge, and Seventure. The company will use the new round of funding for continuing to develop its web-based workforce management solutions while expanding headcount and focusing on international expansion.

training

Fullbridge, developer of educational programs for students and young professionals, has raised $15.4 million in a round of funding led by GSV Capital with participation from private investors. The company will use the new round of funding for expanding its leadership team, increasing program availability, and extending geographic reach.

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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