Daily Deal Activity 08/10/15

Digital Media/Commerce

classifieds/auctions/p-to-p

Education funding marketplace Prodigy Finance has raised $12.5 million in equity funding from Balderton Capital and $87.5 million in debt funding from Credit Suisse. The company will use the debt and equity for launching increased funding initiatives.

ecommerce

Private dinner party access service provider Dinner Lab has raised $7 million in a round of funding led by James River Capital with participation from private investors. The company has raised $9.1 million to date and will use the new round of funding for expanding operations nationwide while growing its b-to-b solutions.

gaming

Tablet gaming developer Super Evil Megacorp has raised $26 million in a round of funding led by Index Ventures with participation from Breyer Capital, Korea Investment Partners, Signia Venture Partners, General Catalyst Partners, Raine Ventures, and Initial Capital. The company will use the new round of funding for developing partnerships.

mobile content/apps

ClassOwl, developer of a planning application for students and teachers, has been acquired by mobile deeplinking solutions provider Branch Metrics. The acquisition provides Branch Metrics with expanded headcount and geographic presence.

mobile content/apps

3D modeling app developer GeoCV has raised $1.2 million in a round of funding from Emery Capital and Starta Capital. The company will use the new round of funding for increasing sales efforts in the US and Russia.

social media/apps

Germany-based social discovery app developer Spotted has raised $14.5 million in a round of funding from Media Ventures and private investors. The company will use the new round of funding for product development and international expansion.

Digital Advertising

ad networks/exchanges, content management

Bounce Exchange, a provider of automated content and traffic solutions for publishers, has raised $6.4 million in Series A funding from Contour Venture Partners and Primary Venture Partners. The company has raised $7.9 million to date and will use the new round of funding for building out sales and marketing efforts.

ad networks/exchanges

C1X, developer of a programmatic direct digital advertising marketplace, has raised $5.1 million in Series A funding led by Tokyo Edge Capital with participation from Innovation Venture Fund, Mobile Internet Capital, and Mynavi. The company will use the new round of funding for developing its presence in Southeast Asia.

Marketing Technology

commerce management, logistics

Online customs brokerage and freight forwarding services provider Flexport has raised $20 million in Series A funding from Bloomberg Beta, Ceyuan Ventures, Felicis Ventures, Fenway Summer Ventures, First Round Capital, Founders Fund, and Initialized Capital. The company has raised $26.9 million to date and will use the new round of funding for expanding in the freight forwarding market.

content management

Image-based content marketing platform developer Pixlee has raised $4 million in Series A funding from You & Mr Jones Brandtech Ventures. The company will use the new round of funding for continuing to develop its user-generated photo marketing solution.

data quality

Document storage and digital information solutions provider Recall Holdings has acquired records management and document scanning services provider C21 Data Services. The acquisition expands Recall Holding’s footprint in the UK. Terms of the deal were not disclosed.

marketing data

China-based classifieds site 58.com (NYSE:WUBA) has acquired a 70 percent stake in China-based automotive content site AutoComment for $16 million. The acquisition provides 58.com with increased resources for its online platform as the company continues to build out its local services. Further terms of the deal were not disclosed.

mobile technology

Xooker, developer of a real-time location-based marketing application, has raised $1 million in a round of funding from private investors. The company will use the new round of funding for expanding headcount while developing new partnerships.

Software

financial

Kensho Technologies, a developer of analytical tools for capital markets, has raised $47.8 million in Series B funding from undisclosed investors. The company has raised $73 million to date and will use the new round of funding for building out its financial research aid platform.

Business Services

healthcare consulting

Health information management services provider IOD has acquired health information management consulting and outsourcing services provider Care Communications. The acquisition expands IOD’s oncology data and clinical research services. Terms of the deal were not disclosed.

training, software development tools

Crescerance, developer of a learning platform for building mobile apps, has raised an undisclosed amount of Series A funding from BIP Capital. The company will use the new round of funding for expanding marketing and sales efforts.

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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