Daily Deal Activity 10/05/15

Digital Media/Commerce

ecommerce

Online beauty retailer Nykaa.com has raised $9.5 million in a round of funding from private investors. The company will use the new round of funding for expanding operations and user base while scaling its marketing and sales divisions.

gaming

Gaming technology firm Havok has been acquired by Microsoft from Intel. Intel originally acquired Havok in 2007 for $110 million. The acquisition will see Havok technology integrated into Microsoft’s gaming assets. Terms of the deal were not disclosed.

mobile content/apps

Money transfer app Chillr has raised $6 million in Series A funding from Sequoia Capital. The company will use the new round of funding for customer acquisition efforts while strengthening its technology and expanding headcount.

mobile content/apps

Neumob, developer of an application for speeding up mobile apps, has raised $8.5 million in Series A funding led by Accel Partners with participation from Shasta Ventures, Eniac Ventures, and Lightbank Ventures. The company will use the funding for accelerating its go-to-market strategy.

social media/apps

YouNow, operator of a social network for broadcasters, has raised $15 million in a round of funding led by Venrock with participation from Comcast Ventures. The company will use the new round of funding for expanding operations.

Digital Advertising

local search

Consumer internet and media company XO Group has acquired GigMasters, a provider of event booking services for the entertainment industry. The acquisition is complimentary to XO Group’s content marketplace. Terms of the deal were not disclosed.

online lead generation

Germany-based digital insurance platform Clark has raised an undisclosed amount of funding from Target Global. The company will use the new round of funding for building out the capabilities of its platform.

Marketing Technology

analytics & targeting

Predictive log analytics service Logz.io has raised $8 million in Series A funding led by 83North with participation from Giza Venture Capital. The company will use the funding for product development initiatives while building out its sales and marketing teams.

analytics & targeting

Decision analytics company OnCorps has raised $2.3 million in a round of funding from Andreessen Horowitz, Accenture, Goldman Sachs, and Fidelity Investments. The company will use the round of funding for hiring talent.

commerce management

India-based Shopalyst, developer of an eCommerce platform for retailers, has raised $2 million in Series A funding from Kalaari Capital. The company will use the funding for focusing on domestic expansion while broadening sales channels internationally.

social technology

Social recommendation platform Frilp has been acquired by customer support software developer Freshdesk. The acquisition will see Frilp integrated into Freshdesk’s platform while enhancing its peer-to-peer communication capabilities. Terms of the deal were not disclosed.

Agency & Marketing Services

digital agency

UK-based digital agency Dare Digital will be acquired by eDiscovery services provider Oliver Group from EDC Communications. The acquisition strengthens Oliver Group’s creative strategy capabilities. Terms of the deal were not disclosed.

Traditional Media

b-to-b media

B-to-b media company Penton has acquired World Tea Media, an event and digital information company focused on the tea industry. The acquisition is complimentary to Penton’s lifestyle and food information offerings. Terms of the deal were not disclosed.

Software

erp

Quantum Retail Technology, a provider of supply chain and inventory optimization solutions for the retail industry, has been acquired by Versata Enterprises. The acquisition will see Quantum operate independently while strengthening Versata’s customer success division. Terms of the deal were not disclosed.

financial

Procure-to-pay software developer BuyerQuest has raised $7 million in a round of funding led by Argentum with participation from First Analysis. The company will use the funding for expanding its software suite and geographic presence.

hr

Technical talent sourcing and assessment platform Lytmus has raised $7.2 million in Series A funding led by New Enterprise Associates with participation from Accel Partners. The company will use the new round of funding for expanding headcount.

infrastructure

Data storage solutions provider Cleversafe will be acquired by IBM. Cleversafe has raised more than $100 million in funding to date and will be integrated into IBM’s overall cloud business. Terms of the deal were not disclosed.

Information

legal information

RunTitle, operator of an online marketplace for mineral ownership information, has raised $8 million in Series A funding led by Founders Fund with participation from Deep Fork Capital and Austin Ventures. The company will use the funding for building out its engineering, sales, and marketing teams.

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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