Daily Deal Activity 07/16/15

Digital Media/Commerce

classifieds/auctions/p-to-p

Charitable giving platform Omaze has raised $9 million in Series A funding led by FirstMark Capital with participation from Tornante Company, Vayner/RSE, and Crosscut Ventures. The company will use the new round of funding for extending its cause marketplace to include a self-serve platform.

classifieds/auctions/p-to-p

Online lending platform Upstart has raised $35 million in Series C funding led by Third Point Capital with participation from Khosla Ventures, First Round Capital, and Collaborative Fund. The company will use the new round of funding for scaling operations.

ecommerce

Gourmet meal delivery service Freshly has raised $7 million in a round of funding led by Highland Capital Partners with participation from White Star Capital. The company will use the new round of funding for expanding its production and logistics capabilities.

ecommerce

Food booking and delivery service Zesty has raised $17 million in Series A funding led by Index Ventures with participation from Founders Fund and Forerunner Ventures. The company will use the new round of funding for expanding its services geographically while hiring talent.

social media/apps

Flipagram, developer of a platform that allows people to create and share stories using photos, has raised $70 million in a round of funding from Sequoia Capital with participation from Kleiner Perkins Caufield & Byers and Index Ventures. The company will use the new round of funding for expanding partnerships with music labels and publishers.

Marketing Technology

commerce management

Ebay will sell its enterprise unit (fka GSI Commerce) to a group of private equity firms led by Permira Advisors for $900 million. The selloff coincides with eBay’s streamlining strategy as the company looks to complete its spin-off of PayPal. Further terms of the deal were not disclosed.

content management

Content creation platform Readz has raised $7.2 million in a round of funding from Parana Management. The company will use the new round of funding for building out its SaaS-based platform for marketers while expanding headcount.

crm

Real estate asset management and leasing platform developer VTS has raised $21 million in Series B funding led by OpenView Venture Partners. The company has raised $32 million to date and will use the new round of funding for expanding into international markets.

market research

Cloud benchmarking company CloudHarmony has been acquired by Gartner (NYSE:IT). CloudHarmony will integrate with Gartner with the acquisition supplementing the company’s cloud measuring services. Terms of the deal were not disclosed.

marketing data, market research

StellaService, a provider of customer service ratings for online retailers, has raised $15 million in Series B funding led by Norwest Venture Partners with participation from Battery Ventures, DFJ Gotham Ventures, RRE Ventures, and Forerunner Ventures. The company has raised $22 million in a round of funding and will use the new funding for investing in its research team.

marketing data

Petromedia, a provider of news and analysis for the shipping and oil industries, has been acquired by energy and commodity information firm Platts. The acquisition provides Platts with expanded market coverage. Terms of the deal were not disclosed.

mobile technology

Mobile operator and advertiser analytics architecture developer Cinarra Systems has raised $20 million in Series B funding led by SoftBank with participation from Almaz Capital. The company will use the new round of funding for product development, expanding its engineering division, and broadening its operator audience globally.

mobile technology

Guidebook, provider of a platform for people to create mobile guides for their events and organizations, has raised $10 million in Series A funding from Mosaic Ventures and MHS Capital. The company will use the new round of funding for expanding throughout Europe.

Agency & Marketing Services

public relations

Branding, design, and public relations firm Profis Communications has been acquired The CHR Group. Profis Communications will integrate with CHR Group’s Canada-based public relations consultancy Idea Workshop. Terms of the deal were not disclosed.

Traditional Media

broadcast & Satellite Radio

Radio stations operator Connoisseur Media will be acquired by Petrus Holding. The acquisition provides Connoisseur with the resources for continued expansion as the company looks to build out its management team. Terms of the deal were not disclosed.

traditional outdoor

Out-of-home advertising platform provider AllOver Media has acquired kiosk advertising company Prime Point Media. The acquisition provides AllOver with greater access to urban marketplaces while strengthening the company’s multi-cultural consumer engagement capabilities. Terms of the deal were not disclosed.

Software

collaboration

Card issuer and online merchant collaboration technology developer Ethoca has raised $45 million in a round of funding from Spectrum Equity. The company will use the new round of funding for expanding operations into new territories.

security

Sweden-based USB security solutions provider BlockMaster has been acquired by data encryption startup DataLocker. The acquisition provides DataLocker with an expanded encryption management platform. Terms of the deal were not disclosed.

security

Israel-based personal security app LogDog has raised $3.5 million in a round of funding led by BRM Group with participation from TheTime VC, FirstTime Ventures, and Maxfield Capital. The company will use the new round of funding for expanding research and development efforts while rolling out additional features for its app.

security

Whitebox Security, a developer of data-access-governance software, has been acquired by access management solutions provider SailPoint Technologies. The acquisition provides SailPoint with an expanded presence in Europe. Terms of the deal were not disclosed.

Information

financial information

Online trading information site TradingView has raised $3.6 million in Series A funding led by iTech Capital with participation from private investors. The company will use the new round of funding for developing and launching new services while expanding marketing and sales efforts.

healthcare information

Large employer consumer health engagement platform Accolade has raised $22.5 million in a round of funding from Independence Health Group and McKesson Ventures. The company will use the new round of funding for strengthening its technology and analytics capabilities.

Business Services

healthcare consulting

Self-funded employer pharmacy benefit management company Veridicus Health has been acquired by Gauge Capital. The acquisition provides Verdicus with resources for expanding its service offering. Terms of the deal were not disclosed.

it consulting/systems integration

IT services and support company Yellowspring has been acquired by UK-based IT infrastructure-as-a-service provider Amsiso. The acquisition strengthens Amsiso’s product and services portfolio as it expands its geographic footprint in South East Asia. 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.

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: