Daily Deal Activity 06/29/15

Digital Media/Commerce

classifieds/auctions/p-to-p

Online rental space marketplace Airbnb has raised $1.5 billion in a round of funding led by Tiger Global Management, Hillhouse Capital Group, and General Atlantic with participation from Horizon Ventures, Kleiner Perkins Caufield & Byers, China Broadband Capital, GGV Capital, Fidelity Investments, T. Rowe Price, Baillie Gifford, Wellington Management and Temasek.  The company is set to announce a $25.5 billion post money valuation.

ecommerce

Luxury home hospitality business Onefinestay has raised $40 million in Series D funding from Intel Capital, Quadrant Advisors, Index Ventures, and Canaan Partners. The company will use the new round of funding for enhancing its guest and homeowner offering, expanding internationally, and investing in training and recruitment capabilities.

ecommerce

India-based mobile services marketplace operator UrbanClap has raised $10 million in Series A funding from SAIF Partners and Accel Partners. The company will use the new round of funding for expanding domestically, building outs its app, and expanding headcount.

mobile content/apps

Personalized recommendations app developer Drippler has raised $4.5 million in Series A funding led by Titanium Investments with participation from TMT Investments, iAngels, and private investors. The company will use the new round of funding for developing its technology and data offerings while expanding headcount.

mobile content/apps

Lifestyle app developer Velocity has raised $12 million in a round of funding led by private investors. The company will use the new round of funding for expanding internationally while continuing to build out content for its hospitality app.

Marketing Technology

content management

Private equity firm Segulah has acquired content translation and interpreting solutions firm Semantix. The acquisition provides Semantix with resources for expanding within the language industry as the company looks to build out its platform. Terms of the deal were not disclosed.

mrm/workflow management, segmentation/data mining

Vista Equity Partners has acquired a majority stake in advertising software developer Mediaocean in a transaction that values the company at $720 million. The company will use the new resources to accelerate expansion plans while building out its software. Further terms of the deal were not disclosed

Agency & Marketing Services

digital agency

Yello Mobile’s digital advertising subsidiary Yello Digital Marketing has acquired Thailand-based online marketing company Adyim. The acquisition provides Adyim with resources for domestic growth as the company looks to build out its technology capabilities. Terms of the deal were not disclosed.

digital agency

Advertising and marketing agency Tocquigny has been acquired by marketing communication agency Archer Malmo. The acquisition will see Tocquigny rebranded under Archer Malmo. Terms of the deal were not disclosed.

experiential marketing

Brand experience agency SET Management has been acquired by WPP. The acquisition extends WPP’s branding and identity group as the company looks to strengthen its live events offering in Europe. Terms of the deal were not disclosed.

Software

cloud computing

Cloud systems management platform developer Blue Medora has raised $4.6 million in Series A funding led by Michigan eLab with participation from Start Garden. The company will use the new round of funding for growing its engineering, sales, and marketing teams,

collaboration

Productivity database developer Airtable has raised $7.6 million in a round of funding led by CRV with participation from Caffeinated Capital, Crunchfund, Data Collective, Founder Collective, and Freestyle Capital. The company has raised $10.6 million to date and will use the new round of funding for growing its operations and hiring talent.

erp

ERP and supply chains solutions provider International Business Systems will be acquired by Marlin Equity Partners. The acquisition will provides IBS with the resources to build out its customer success capabilities. Terms of the deal were not disclosed.

Information

healthcare information

Behavioral health platform developer Lyra has raised $3.1 million in a round of funding from Castlight Health (NYSE:CSLT). The company will use the new round of funding for accelerating product development while building outs its engineering and sales divisions.

Business Services

hr consulting

Cast & Crew, a provider of payroll services for the entertainment industry, has been acquired by Silver Lake Partners from ZelnickMedia in a deal that values the company at $700 million including debt. The company will use the new resources for expanding its employment insurance offerings. Further terms of the deal were not disclosed.

it consulting/systems integration

IT security integration firm Stalwart has been acquired by communications services provider North State Communications. The acquisition provides North State with enhanced infrastructure security capabilities. Terms of the deal were not disclosed.

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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