Daily Deal Activity 09/01/15

Digital Media/Commerce

classifieds/auctions/p-to-p

Shift Technologies, operator of a marketplace for buying and selling cars, has raised $50 million in Series B funding led by Goldman Sachs with participation from DFJ and Highland Capital Partners. The company will use the new round of funding for expanding headcount while entering new markets.

ecommerce

Singapore-based stock video and music content marketplace MotionElements has raised an undisclosed amount of funding from 500 Startups, Incubate Fund, and KK Fund. The company will use the new round of funding for expanding its presence in Asia.

gaming

Gaming and eSports company Unikrn has raised an undisclosed amount of funding from Sound Ventures. The company will use the new round of funding for launching companion apps on iOS and Android.

social media/apps

Mobile and social photo and messaging apps startup Kanvas Labs has been acquired by AOL. Kanvas will continue to operate its existing apps as AOL begins to integrate the company’s technology into its products. Terms of the deal were not disclosed.

Digital Advertising

mobile marketing

China-based mobile advertising platform Appcoach has raised $10 million in Series A funding led Yonghua Capital. The company will use the new round of funding for expanding internationally while focusing on mobile video markets in the US and Europe.

vertical search

Food discovery platform Yummly has raised $15 million in Series B funding from Bauer Venture Partners. The company will use the new round of funding for building out its team, product, and technology.

Marketing Technology

analytics & Targeting

Predictive analytics technology developer Infinite Analytics has raised an undisclosed amount of funding from Sixth Sense Ventures and private investors. The company will use the round of funding for expanding its technology into new verticals while hiring new talent.

bi tools

Brand protection and pricing intelligence solutions provider Market Track has acquired Australia-based retail advertising monitoring company Commercially Retail. The acquisition provides Market Track with extended sales reach into Australian and Asian markets. Terms of the deal were not disclosed.

crm

Quote-to-cash solution provider Apttus has raised $108 million in Sires C funding led by KIA with participation from Iconiq Capital, K1 Capital, and Salesforce Ventures. The company will use the new round of funding for developing new features for the manufacturing, life sciences, financial services, and telecommunications industries.

crm

China-based mobile and social CRM services provider Social Touch has raised $58.8 million in Series D funding led from Legend Holdings. The company will use the new round of funding for investing in its technology division while focusing on mobile advertising and consulting services initiatives.

mobile technology

ApprenNet, developer of a mobile platform for technical training, has raised $1.8 million in a round of funding from Apollo Education Ventures and New Ground Ventures. The company will use the new round of funding for product development.

Agency & Marketing Services

digital agency

Australia-based Adobe data analytics and marketing optimization consultancy 2DataFish has been acquired by Publicis-owned Razorfish. The acquisition strengthens Razorfish’s intelligence practice with expanded data analytics capabilities. Terms of the deal were not disclosed.

Traditional Media

entertainment media

Digital film and television distributor Juice Worldwide has been acquired by multiplatform video services company Vubiquity. The acquisition expands Vubiquity’s distribution capabilities with enhanced partnerships. Terms of the deal were not disclosed.

Software

financial

Financial data science company Quovo has raised $4.8 million in a round of funding led by Fintech Collective with participation from Long Light Capital and private investors. The company will use the new round of funding for developing it platform and expanding operations.

healthcare

Patient engagement platform Medfusion has raised $3 million in a round of funding from Bull City Venture Partners and Hatteras Venture Partners. The company will use the new round of funding for expanding operations and advancing its mobile strategy.

legal

Ethics and compliance software developer The Network has been acquired by compliance software and solutions provider NAVEX Global. The acquisition provides NAVEX with expanded governance and risk compliance offerings. Terms of the deal were not disclosed.

software development tools

Japan-based Fastmedia, developer of tools for building mobile apps, has raised $2.7 million in a round of funding from Globis Capital Partners, Salesforce Ventures, and YJ Capital. The company will use the new round of funding for expanding headcount.

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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