Daily Deal Activity 07/23/15

Digital Media/Commerce

classifieds/auctions/p-to-p

Russia-based used car broker and auctioneer CarPrice has raised $40 million in Series B funding led by Baring Vostok PE with participation from Almaz Capital. The company will use the new round of funding for expanding its presence domestically and internationally.

ecommerce

Singapore-based Giosis, operator of eCommerce platform Qoo10, has raised $82.1 million in Series A funding led by Singapore Press Holdings with participation from Saban Capital Group, Brookside Capital, eBay, and Oak Investment Partners. The company will use the new round of funding for investing in infrastructure and hiring talent.

ecommerce

JetSmarter, a provider of private air transportation services, has raised $20 million in Series B funding from private investors. The company will use the new round of funding for increasing partnerships with private airlines while increasing the range of its services.

gaming

Video game startup Outpost Games has raised $6.2 million in Series A funding from Benchmark. The company will use the new round of funding for investing in tools, platform technology, and content while expanding headcount.

gaming

Mobile gaming company SGN has raised $130 million in a round of funding from South Korea-based Netmarble Games. SGN will continue to operate independently and use the new round of funding for expanding its presence internationally.

social media/apps

Canada-based dating app Clover has raised $2 million in a round of funding led by Social Starts with participation from private investors. The company will use the new round of funding for expanding its platform and building out its team.

Digital Advertising

digital video

UK-based live video streaming startup MyEye has raised $3.1 million in a round of funding from private investors. The company will use the new round of funding for product development while expanding headcount.

mobile marketing, social media/apps

Chaotic Moon, a mobile strategy, user design, and software development studio focusing on media and gaming brands, has been acquired by Accenture (NYSE:ACN). The acquisition will strengthen Accenture’s suite of marketing and digital services through Accenture Interactive, part of Accenture Digital. Terms of the deal were not disclosed. (A Petsky Prunier transaction)

Marketing Technology

analytics & targeting

Holimetrix, a provider of digital performance measurement tools for TV media campaigns, has raised $3.8 million in a round of funding led by Iris Capital with participation from Jaina Capital. The company will use the new round of funding for expanding internationally while investing in research and development efforts.

analytics & targeting

Predicative analytics vendor Leadspace has raised $18 million in Series B funding from Battery Ventures. The company will use the new round of funding for developing platform capabilities while capturing market share in a crowded space.

content management

Event hosting management platform Events.com has raised an undisclosed amount of funding led by Arctaris with participation from Moore Venture Partners. The company has raised $17 million to date and used the new round of funding to acquire online endurance event registration solutions provider EventsOnline. Terms of the deal were not disclosed.

market research

Business disruption research and advisory firm Altimeter Group will be acquired by strategic brand and marketing consultancy services provider Prophet. The acquisition will provide Prophet with enhanced digital disruption and collaboration solutions for its clients. Terms of the deal were not disclosed.

mrm/workflow management     

Enterprise work management solutions provider Workfront has acquired online proofing firm ProofHQ. The acquisition provides Workfront with expanded marketing work management. Terms of the deal were not disclosed.

social technology

Social marketing platform Expion has been acquired by social media analysis and business intelligence solutions provider Sysomos. The acquisition provides Sysomos with strengthened content management and publishing capabilities. Terms of the deal were not disclosed.

Traditional Media

broadcast & Satellite radio

Podcast and advertising network operator Midroll Media has been acquired by E.W. Scripps. The acquisition will provide Midroll with an expanded network of advertisers and access to wider distribution. Terms of the deal were not disclosed.

newspaper publsihing

The Financial Times will be acquired by Japan-based newspaper and magazine publisher Nikkei from Pearson for $1.3 billion. Pearson will maintain its 50 percent stake in The Economist Group as it looks to consolidate focus on its education unit. Further terms of the deal were not disclosed.

Software

big data

Open source analytics platform Continuum Analytics has raised $24 million in Series A funding from General Catalyst Partners and BuildGroup. The company has raised $34 million to date and will use the new round of funding for accelerating product development expanding sales and marketing.

collaboration, education

UK-based student engagement platform BlikBook has been acquired by Civitas Learning, a provider SaaS-based predictive analytics solutions for education institutions. The acquisition provides Civitas with an expanded presence internationally. Terms of the deal were not disclosed.

collaboration

Enterprise communication service Clementine has been acquired by Dropbox. Clementine will be folded into Dropbox’s services and provide the company with increased engagement tools. Terms of the deal were not disclosed.

collaboration

DotLoop, provider of an eSigning service for real estate agents, will be acquired by Zillow (Nasdaq:Z). The acquisition provides Zillow with increased signing process service offerings. Terms of the deal were not disclosed.

credit/risk

Anti-money laundering compliance and fraud prevention solutions provider Banker’s Toolbox has raised an undisclosed equity investment from Accel-KKR. The company will use the new resources for investing in its existing solutions while pursuing new product development initiatives.

financial, healthcare

Remedy Partners, a provider of bundled payment programs for government and private health insurance firms, has raised $50 million in Series B funding from Bain Capital Ventures. The company will use the new round of funding for growing customers and partnerships.

hr

Semantic recruiting software developer Textkernel has been acquired by CareerBuilder. The acquisition provides CareerBuilder with expanded HR software tools as Textkernel looks to increase its presence internationally. Terms of the deal were not disclosed.

software development tools

Mobile app prototyping tool developer Pixate has been acquired by Google. Pixate will continue to operate as a standalone product while providing Google with expanded prototyping and design tools. 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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