Daily Deal Activity 06/23/15

Digital Media/Commerce

classifieds/auctions/p-to-p

UK-based cross border money transfer services provider Currency Cloud has raised $18 million in Series C funding led by Sapphire Ventures with participation from Rakuten, Atlas Venture, Notion Capital, and XAnge Private Equity. The company has raised $36 million to date and will use the new funding for international growth while bolstering research and development efforts.

ecommerce

Sweden-based Soundtrack your brand, which operates a platform that enables users to play music from Spotify in commercial business environments, has raised $10.9 million in Series B funding led by Telia Sonera with participation from Play Networks, Creandum, Northzone, Wellington Partners, and Spotify. The company will use the funding for building out its products capabilities.

ecommerce

Mattress eCommerce startup Casper has raised $55 million in Series B funding led by Institutional Venture Partners with participation from Pritzker Group Venture Capital, New Enterprise Associates, Lerer Hippeau Ventures, Norwest Venture Partners, Vaizra Investments, and private investors. The company has raised $7 0 million to date and will use the new funding for launching new products.

ecommerce

Social shopping marketplace OpenSky has acquired eCommerce company 11 Main from Alibaba. As a result of the transaction, Alibaba will control a 37 percent ownership in OpenSky as the company explores potential opportunities to break into the US market. Terms of the deal were not disclosed.

gaming

Gaming startup Planeto has been acquired by media company Bonnier Publications. The acquisition provides Planeto with enhanced experience, content, and resources for building out product development. Terms of the deal were not disclosed.

mobile content/apps

India-based personal assistant mobile app developer Goodservice has raised $1.6 million in a round of funding from Sequoia Capital. The company will use the new round of funding for increasing the size of its engineering and operations teams and expanding its geographic footprint.

Digital Advertising

game advertising

Israel-based Soomla, developer of an in-app purchase software development kit for mobile games, has raised $5.5 million in Series A funding from an undisclosed investor. The company will use the round of funding for building out its cross-game data sharing network.

Marketing Technology

ad serving

Jelli, developer of an audio platform for the audio advertising market, has raised $21 million in Series B funding from Relay Ventures, Intel Capital, First Round Capital, and Universal Music Group. The company has raised $38 million to date and will use the new funding for expanding operations.

analytics & Targeting

Prescriptive analytics company Diib has raised $1 million in a round of funding from Park City Angel Network and Royal Street Investment. The company will use the new round of funding for expanding its existing product offering.

analytics & Targeting

Data discovery and analytics company Enigma has raised $28.2 million in a round of funding led by New Enterprise Associates with participation from Two Sigma Ventures, American Express Ventures, Comcast Ventures, and The New York Times Company. The company will use the funding for expanding headcount while building out its enterprise offering.

bi tools

AtScale, a provider of business intelligence solutions on Hadoop, has raised $7 million in Series A funding led by UMC Capital with participation from AME Cloud Ventures, Storm Ventures, and XSeed Capital. The company will use the new round of funding for expanding headcount.

content management

Olapic, a provider of social photo crowdsourcing services for brands, has raised $15 million in Series B funding led by Felix Capital with participation from Unilever Ventures, Fung Capital, and Longworth Venture Partners. The company will use the new round of funding for international expansion while launching new products.

crm

Appuri, provider of a customer data platform, has raised $2 million in a round of funding led by Divergent Ventures with participation from Baseline Ventures and Vulcan Capital. The company will use the new round of funding for expanding operations.

email/messaging software

Interactive mass notification platform developer Alert Media has raised $4.2 million in Series A funding led by Silverton Partners with participation from ATX Ventures and Capital Factory. The company will use the new round of funding for product development while growing its sales and business development divisions.

mobile technology

Envoy, a developer of mobile sign-in software for office visitors, has raised $15 million in Series A funding led by Andreessen Horowitz. The company will use the new round of funding for building out product features while expanding its use to register people at other locales.

social technology

Israel-based customer content marketing platform Yotpo has raised $15 million in a round of funding led by Marker LLC with participation from Innovation Endeavors, Vintage Investment Partners, Blumberg Capital, and Access Industries. The company will use the new round of funding for accelerating product innovations while expanding its offices.

Software

cloud computing

Cloud data warehousing company Snowflake Computing has raised $45 million in Series C funding led by Altimeter Capital with participation from Redpoint Ventures, Sutter Hill Ventures, and Wing Ventures. The company has raised $71 million to date and will use the new funding for customer growth while building out further innovations.

financial

Community Techknowledge, a provider of outcome management and reporting software and services for nonprofits, has been acquired by Social Solutions, a provider of performance management software for the human services sector. The acquisition provides Social Solutions with enhanced case management solutions for its software suite. Terms of the deal were not disclosed.

legal     

Legal process outsourcing company Inventus Solutions has acquired UK-based project management and eDiscovery solutions provider Kooby. The acquisition expands Inventus’ software development capabilities. Terms of the deal were not disclosed.

security

Smyte, a developer of anti-fraud and spam software, has raised $2.2 million in a round of funding from Harrison Metal, Baseline Ventures, Founder Collective, Upside Partnership, and Y Combinator. The company will use the new round of funding for expanding its solution to crowdfunding platforms.

Business Services

healthcare consulting

On-demand primary healthcare services company Heal has raised $5 million in a round of funding from Slow Ventures, March Capital, and Pritzker Capital. The company will use the new funding for expanding its geographic footprint.

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: