Daily Deal Activity 08/24/15

Digital Media/Commerce

classifieds/auctions/p-to-p

Online estate sale marketplace Everything But The House has raised $30 million in Series B funding led by Greenspring Associates with participation from Greycroft Partners and Spark Capital. The company has raised $43 million to date and will use the new round of funding for expanding into US markets while building out user experience capabilities.

ecommerce

Online pre-owned jewelry marketplace TrueFacet has raised $2.7 million in a round of funding led by Freestyle Capital with participation from Maveron. The company will use the new round of funding for expanding its user base.

mobile content/apps

Fox Sports has acquired sports-focused mobile apps developer StraightCast Media. The acquisition will expand Fox Sports’ team video partnership capabilities into different sports. Terms of the deal were not disclosed.

niche content

Peer-to-peer investment advice company SelfWealth has raised $4.3 million in a round of funding from Pitt Capital. The company has raised $8.4 million to date and will use the round of funding for developing new investment partnership offerings.

Digital Advertising

online lead generation

Online fashion styling site Thread.com has raised $8 million in Series A funding from Balderton Capital. The company will use the new round of funding for expanding industry partnerships while expanding headcount.

Marketing Technology

content management

Crowdsourcing translation platform 365 Fanyi has been acquired by Alibaba. The acquisition provides Alibaba with a strengthened translation management system for cross-border eCommerce. Terms of the deal were not disclosed.

content management

Multi-channel personalization platform Get Smart Content has raised $3.5 million in a round of funding led by Origin Ventures with participation from Chicago Ventures and Virgo Capital. The company has raised $6.4 million to date and will use the new round of funding for expanding its customer support and sales teams.

crm

Set For Service, developer of guest management tool for the restaurant industry, has been acquired by restaurant reservation and payment solutions company Reserve. The acquisition provides Reserve with expanded CRM offerings. Terms of the deal were not disclosed.

sfa/lead generation, loyalty/retention

Yvolver, developer of a loyalty application for tracking virtual rewards on mobile games, has been acquired by Opera Mediaworks. The acquisition will see Yvovler’s technology integrated into Opera’s software developer kits. Terms of the deal were not disclosed.

teleservices/eservices

Netherlands-based call center software developer Qelp has been acquired by Sykes Enterprises (Nasdaq:SYKE) for $9.7 million. Qelp reported $5.4 million in 2014 revenues, and the acquisition provides Sykes with a strengthened digital customer service portfolio.

Agency & Marketing Services

digital agency

Strategy and design agency Vertic has raised an undisclosed amount of equity funding from Voluntas. The company will use the new resources for scaling intellectual property while expanding headcount and operations.

Traditional Media

b-to-b media

Behavioral healthcare education information provider and conference operator Ben Franklin Institute has been acquired by trade magazines publisher Vendome. The acquisition will see Ben Franklin Institute integrated within Vendome Healthcare as part of the behavioral health division. Terms of the deal were not disclosed.

consumer magazine publishing

Manufacturing and engineering industry magazine publisher Findlay Media has acquired business-to-business magazine publisher The Airports Publishing Network. The acquisition provides Findlay Media with expanded international presence. Terms of the deal were not disclosed.

Software

collaboration

Israel-based project management solutions provider dapulse has raised $2.6 million in Series A funding from Genesis Partners and Entree Capital. The company will use the new round of funding for product development efforts while building out enhanced integrations.

financial

Japan-based automated online accounting software developer freee has raised $28.7 million in Series C funding from DCM, e.ventures, and Recruit Holdings. The company will use the new round of funding for expanding its client roster.

hr

Health exchange and benefits administration technology developer PlanSource has raised $70 million in a round of equity funding from Great Hill Partners. The company will use the new round of funding for expanding its sales and marketing efforts while building out its infrastructure technology.

infrastructure

Real-time cloud performance and availability monitoring company Boundary has been acquired by BMC Software. The acquisition provides BMC with expanded digital enterprise management capabilities. Terms of the deal were not disclosed.

infrastructure

Open source platform company Mirantis has raised $100 million in a round of funding led by Intel Capital with participation from Goldman Sachs, August Capital, Insight Ventures Partners, Ericsson, Sapphire Ventures, and WestSummit Capital. The company will use the new round of funding for accelerating an enterprise-level offing.

infrastructure

Database load balancing solutions provider ScaleBase has been acquired by database infrastructure software developer ScaleArc. The acquisition provides ScaleArc with broadened application availability capabilities. Terms of the deal were not disclosed.

Information

healthcare information

Electronic health records systems developer BlueStrata has raised $1.7 million in a round of funding led by Cultivation Capital with participation from private investors. The company will use the new round of funding for expanding sales, marketing, and implementation efforts.

Business Services

management consulting, healthcare

Healthcare consulting services provider Medical Advantage Group has acquired Health Care Management, a provider of management services for healthcare professionals. The acquisition provides Medical Advantage Group with expanded solutions for individual physician practice and accountable care organizations. 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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