Daily Deal Activity 08/17/15

Digital Media/Commerce

classifieds/auctions/p-to-p

Online marketplace Proxibid has raised an undisclosed amount of funding from Primus Capital. The company will use the new round of funding for product development, user experience initiatives, and expanding sales and marketing.

ecommerce

UK-based online optical eCommerce company MyOptique Group has raised $31 million in a round of funding from Acton Capital Partners, Beringea, Cipio Partners, Highland Capital Partners, Index Ventures, and Amery Capital. The company has used to the funds to acquired Germany-based online eyewear business 4Care and UK-based online designer eyewear retailer Eyewearbrands. Terms of the deals were not disclosed.

ecommerce, digital promotion/coupon

Liberty Media owned home-shopping channel QVC has acquired flash-sales online retailer Zulily (Nasdaq:ZU) for $2.4 billion. The acquisition will see Zulily management maintained, and the combined entity will have revenues exceeding $10 billion.

gaming

Video game media and technology company Curse has raised $52 million in a round of funding from undisclosed investors. The company will use the new round of funding for expanding headcount and rolling out new titles.

niche content

India-based tech blog YourStory has raised $4 million in a round of funding led by Kalaari Capital with participation from Qualcomm Ventures and private investors. The company will use the new round of funding for scaling its platform for a larger community.

Digital Advertising

digital promotions/coupon

UK-based rewards platform Loyalty Bay has raised $1 million is a round of funding led by Talis Capital with participation from Howzat Partners, NEON Adventures, and private investors. The company will use the new round of funding for expanding operations.

Marketing Technology

analytics & targeting

Marketplace analytics firm Zoomi has raised $1.5 million in a round of funding from private investors. The company will use the new round of funding for expanding headcount and product development while focusing on marketing and sales initiatives.

commerce management, application management software

Scalable eCommerce technology solutions provider Grid Dynamics has raised an undisclosed amount of Series B funding from Benhamou Global Ventures. The company will use the funding to acquire autonomic application management platform developer Qubell. Terms of the deal were not disclosed.

crm

India-based property portal Housing.com has acquired sales lifecycle platform HomeBuy360 for $2 million. The acquisition strengthens Housing.com’s presence in the broker, developer, and buyer ecosystem. Further terms of the deal were not disclosed.

sfa/lead generation

Sales motivation app developer LevelEleven has raised $2 million in a round of funding led by NCT Ventures with participation from undisclosed investors. The company will use the new round of funding for building out its sales and engineering teams.

Agency & Marketing Services

digital agency

Digital marketing agency Nebo has acquired conversion agency Big Drum. The acquisition increases Nebo’s client base while expanding the company’s paid media and search engine optimization capabilities. Terms of the deal were not disclosed.

Traditional Media

consumer magazine publishing

Automotive collision magazine publisher Bodyshop Magazine has been acquired by magazine and web publisher services company Media Matters. The acquisition will supplement Media Matter’s Collision Repair publication. Terms of the deal were not disclosed.

Software

cloud computing

Cloud systems management company Blue Medora has raised $4.6 million in Series A funding from VMware (NYSE:VMW). The company will use the new round of funding for product development while expanding the functionality of its cloud management suite.

collaboration, social technology             

Telligent, a provider of customer support software for digital marketing communities, has been acquired by Verint Systems (Nasdaq:VRNT). The acquisition extends the Verint Systems’ customer engagement optimization portfolio. Terms of the deal were not disclosed.

financial

UK-based Invoice finance platform Market Invoice has raised $10 million in a round of funding from Northzone with participation from private investors. The company will use the new round of funding for expanding operations.

legal

KKR has acquired a 25 percent minority stake in Switzerland-based software portfolio management and licensing solutions provider SoftwareONE. The acquisition will provide SoftwareONE with the resources for pursuing potential acquisitions. Terms of the deal were not disclosed.

Business Services

logistics

Logistics and supply chain consultancy Total Logistics has been acquired by Accenture (NYSE:ACN). The acquisition strengthens Accenture’s supply chain capabilities as the company looks to provide interactive shopping experiences solutions in the retail and consumer goods industries. Terms of the deal were not disclosed.

management consulting

Accenture (NYSE:ACN) has acquired the Schlumberger Business Consulting, the management consulting arm of Schlumberger. The acquisition will expand the capabilities of Accenture Strategy in the oilfield services industry. 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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