Daily Deal Activity 06/26/15

Digital Media/Commerce

ecommerce

On-demand food delivery service Bento has raised $1.5 million in a round of funding led by LAUNCH Fund with participation from Slow Ventures, and 500 Startups. The company will use the new round of funding for hiring talent and expanding its geographic coverage.

social media/apps, gaming

Playbasis, a provider of gamification solutions for enterprises, has raised $1.8 million in Series A funding from Cherubic Ventures and 500 Startups. The company will use the new round of funding for building out its technology and hiring talent.

social media/apps

STAND, operator of a personal philanthropy social network, has raised $2.3 million in a round of funding led by Resolute Ventures with participation from Fresco Capital and private investors. The company will use the new round of funding for building out its network.

Digital Advertising

digital video

Open caching and online video delivery solutions provider Qwilt has raised $25 million in Series D funding led by Disrupt-ive with participation from Innovation Endeavors, Cisco Investments, Accel Partners, Bessemer Venture Partners, Maker LLC, and Redpoint Ventures. The company has raised $65 million to date and will use the funding for scaling operations.

Marketing Technology

analytics & targeting

Public relations and influencer engagement software developer Augure has acquired Wisemetrics, a provider of social analytics tools. The acquisition bolsters Augure’s big data capabilities while providing the company with expanded communications and marketing offerings. Terms of the deal were not disclosed.

commerce management

Customer choice and pattern modeling solutions provider Celect has raised $5 million in Series A funding led by August Capital with participation from Activant Group. The company will use the new funding for growing its existing management and development teams while expanding its footprint geographically.

content management

Norway-based IT and product engineering services provider Tieto has acquired Software Innovation, a provider of enterprise content management solutions for $77.8 million. The acquisition strengthens Tieto’s digitization advisor capabilities. Terms of the deal were not disclosed.

email/messaging software

Cureatr, developer of a messaging app for healthcare providers, has raised $13 million in Series B funding led by Deerfield Investments with participation from Cerner Capital, Windham Ventures, Cardinal Partners, Milestone Venture Partners, and JMI Services. The company will use the new funding for launching into new markets.

Agency & Marketing Services

healthcare agency

Falfurrias Capital Partners has made an undisclosed investment in GlynnDevins, a provider of marketing services to senior living and care communities. The company will use the new round of funding for broadening its capabilities while expanding into new market segments.

Traditional Media

broadcast television

UK-based broadcaster ITV will acquire a 75 majority stake in TV program broadcaster Twofour Group for $87 million. The acquisition expands ITV’s offerings as the company looks to expand its international channels and programs.

consumer book publishing

Scholarly journal publisher Maney Publishing has been acquired by Taylor & Francis Group. The acquisition provides Taylor & Francis group with expanded partnerships in higher learning institutions and universities. Terms of the deal were not disclosed.

yellow pages

Local business online and print listings company YP will spin off its print business into a new entity called Print Media. The spin-off will allow YP to focus on its digital assets while Print Media continues to share a YP-led sales team. Terms of the deal were not disclosed.

Software

big data               

Guavus, a provider of big data analytics solutions for operation intelligence, has raised $30 million in a round of funding led by Investor Growth Capital with participation from Artiman Ventures, Sofinnova Ventures, Intel Capital, QuestMark Partners, and Goldman Sachs. The company will use the new round of funding for expanding its core products while scaling operations.

financial

Investment banking platform BankerBay has raised $2 million in a round of funding from Scale.VC and private investors. The company will use the new round of funding for growing its member base while building out its network of institutional investors.

security

Endpoint threat detection and automated incident response solutions provider Resolution1 Security has been acquired by Marlin Equity Partners. Resolution1 will merge with Marlin portfolio company Fidelis Cybersecurity, extending the company’s existing network-based offering. Terms of the deal were not disclosed.

Business Services

logistics

On-demand delivery service Postmates has raised $80 million in a round of funding from Tiger Global Management. The company will use the new round of funding for accelerating geographic expansion and expanding into new categories beyond food.

logistics

Online freight booking services provider Zinka has raised $6 million in a round of funding from Accel Partners and Flipkart. The company will use the new round of funding improving logistics and supply chain capabilities.

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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