Daily Deal Activity 06/22/15
June 22, 2015 Leave a comment
Digital Media/Commerce
classifieds/auctions/p-to-p
Personal fundraising platform GoFundMe has raised an undisclosed amount of funding led by Accel Partners and Technology Crossover Ventures with participation from Greylock Partners, Meritech Capital, and Stripes Group. The company will use the new round of funding for growing its team, enhancing product functionality, and expanding its platform globally.
ecommerce
Razor and grooming supplies eCommerce company Dollar Shave Club has raised $75 million in Series D funding from Venrock, Technology Crossover Ventures, Forerunner Ventures, and Dragoneer Investment Group. The company disclosed a pre-money valuation of $500 million and will use the new funding for expanding headcount and developing new products.
ecommerce
India-based food tech start Holachef has raised $3.1 million in a round of funding led by Kalaari Capital with participation from India Quotient. The company will use the new round of funding for investing its infrastructure, technology, and delivery capabilities.
ecommerce
Home services marketplace startup Housejoy has raised $4 million in Series A funding from Matrix Partners. The company will use the new round of funding for scaling its technology while expanding its geographic footprint.
ecommerce
On-demand fashion startup Knyttan has raised $3.2 million in a round of funding led by Connect Ventures with participation from Felix Capital, Playfair Capital, Ballpark Ventures, and private investors. The company will use the new round of funding for expanding operations.
ecommerce
India-based b-to-b hyperlocal delivery company Roadrunnr has raised $10 million in a round of funding from Sequoia Capital and Nexus Venture Partners. The company will use the new round of funding for expanding partnerships with eCommerce and retail clients.
mobile content/apps, mobile technoogy
Health tracking app developer Sano has raised $10.3 million in a round of funding led by True Ventures and Intel Capital with participation from First Round Capital, Felicis Ventures, Elevation Capital, and Floodgate. The company will use the new funding for building outs its technologies capabilities.
niche content
Tech in Asia, an online platform for Asia’s startup ecosystem, has raised $4 million in a round of funding led by SB ISAT Fund with participation from Walden International, Marvelstone, m&s Partners, East Ventures, Fenox Ventures Capital, and Simile Venture Partners. The company will use the new funding for building out relevant features for its community.
Digital Advertising
local search
Venuelabs, developer of solutions that help retailers manage what is being said about them on social networks, has been acquired by Groupon. The acquisition will bolster Groupon’s Pages service, which provides local businesses with a landing platform for customers seeking information. Terms of the deal were not disclosed.
online lead generation
Travel management software company eWings.com has raised $1.3 million in a round of funding led by High-Tech Gruenderfonds with participation from Kima Ventures. The company will use the new round of funding for strengthening product development while focusing on expansion.
Marketing Technology
analytics & Targeting
Agriculture analytics company CropX has raised $9 million in Series A funding from Innovation Endeavors and OurCrowd. The company will use the new round of funding for expanding headcount, meeting increased scale demands, and continuing product development.
content management
Brand conversation automation platform DigitalGenius has raised $3 million in a round of funding led by Metamorphic Ventures with participation from Lerer-Hippeau Ventures, Lowercase Capital, RRE Ventures, and Lumia Capital. The company will use the new round of funding for expanding operations while productizing its AI offerings.
sem/seo tools
DIDiT, developer of a mobile-first experiential platform, has raised $2 million in a round of funding led by BRaVe Ventures with participation from private investors. The company will use the new round of funding for building out its post-experience sharing capabilities.
Traditional Media
broadcast television
UK-based television, radio, and print content provider Ten Alps has acquired television production company Reef Television for $7.9 million. The acquisition provides Ten Alps with scale and momentum in its TV and digital content businesses. Further terms of the deal were not disclosed.
consumer magazine publishing
Mexico-based publisher Grupo Expansion has been acquired by Nacer Global from Southern Cross Group for $65 million. The acquisition expands Nacer’s South America-based magazine portfolio. Further terms of the deal were not disclosed.
consumer magazine publishing
Home, cooking, and domestic merchandise and content provider Martha Stewart Living Omnimedia (NYSE:MSO) will be acquired by Sequential Brands (NYSE:SQBG) for $353 million. The acquisition will expand the Martha Stewart home and lifestyle brand. Further terms of the deal were not disclosed.
Software
collaboration
Cloud communications solutions provider RingCentral (NYSE:RNG) has acquired cloud messaging and collaboration company Glip. The acquisition provides RingCentral with enhanced team messaging and collaboration services for its platform. Terms of the deal were not disclosed.
credit/risk
Signifyd, developer of a SaaS-based fraud technology solution for eCommerce stores, has raised $7 million in Series A funding from Tekton Ventures, QED Investors, Lucas Venture Group, Allegis Capital, and IA Ventures. The company will use the new round of funding for expanding headcount.
data management
Corporate spreadsheets and end-user computing firm ClusterSeven has been acquired by Azini Capital Partners. The acquisition provides ClusterSeven with the resources for higher quality and wider customer engagement. Terms of the deal were not disclosed.
infrastructure
Linux container hosting and storage company Portworx has raised $8.5 million in a round of funding led by Mayfield Fund. The company will use the new round of funding for expanding headcount while continuing to develop its technology.
hr
Belong, a data analytics startup for recruitment, has raised $5 million in Series A funding from Matrix Partners and Blume Ventures. The company will use the funding for increasing headcount in its data sciences, research and development, and engineering divisions.
Business Services
logistics
On-demand same day delivery logistics platform Dropoff has raised $7 million in Series A funding led by Greycroft Partners with participation from Correlation Ventures and Wild Basin Investments. The company will use the new round of funding for rolling out into new markets while expanding its geographic presence.
printing services
Communications services firm Standard Register will be acquired by Taylor Corp. for $307 million. The deal was approved after a bankruptcy auction, and the purchase will provide Standard Register with scale and talent for pursuing new market opportunities.