Daily Deal Activity 10/07/15

Digital Media/Commerce

classifieds/auctions/p-to-p

Auction-based auto marketplace AutoWeb has been acquired by online automotive deal services company Autobytel. The acquisition provides Autobytel with a strengthened dealer sales product. Terms of the deal were not disclosed.

ecommerce

Spain-based beauty marketplace Miora has raised $4 million in a round of funding from Seaya Ventures. The company will use the new round of funding for expanding its presence within Latin America while expanding its salon treatments network.

ecommerce

On-demand rental car delivery firm Skurt has raised $1.3 million in a round of funding from Upfront Ventures. The company will use the new round of funding for expanding geographically, hiring talent, and building out its technology platform.

ecommerce

Live events ticketing company Ticketfly will be acquired by music discovery platform Pandora for $450 million in cash and stock. The acquisition will provide Pandora with expanded event promotion and fan connection capabilities. Ticketfly will continue to operate its non-music events ticketing platform.

gaming

Gaming studio Ivory Tower has been acquired by Ubisoft. The acquisition provides Ubisoft with an expanded video game portfolio, engineering team, and customer base. Terms of the deal were not disclosed.

niche content

Professional advice platform VouchedFor has raised $5.4 million in Series A funding led by Octopus Ventures with participation from Samos Investments. The company will use the funding for building out its technology and marketing platform.

Marketing Technology

ad serving

Kixer, operator of an advertising platform for mobile, has been acquired by media publishing solutions company Lakana. The acquisition expands Lakana’s user base and mobile site portfolio. Terms of the deal were not disclosed.

analytics & targeting

Online campaign automation and local marketing company Netsertive has raised $15 million in Series C funding led by River Cities Capital with participation from RRE Ventures, Harbert Venture Partners, and Greycroft Partners. The company will use the funding for expanding its presence within the marketing technology area.

commerce management, application management

AppDirect, a provider of cloud services for eCommerce, has raised $140 million in a round of funding led by J.P. Morgan Asset Management with participation from Foundry Group, iNovia Capital, Mithril Capital Management, StarVest Partners, and Stingray Digital. The company has raised $245 million to date and will use the funding for building out product capabilities.

content management

Australia-based design platform Canva has raised $15 million in Series A funding led by Felicis Ventures with participation from Blackbird Ventures and Matrix Partners. The company will use the funding for expanding operations while developing its platform.

mobile technology

Mobile image classification technology company Perceptio has been acquired by Apple. The acquisition provides Apple with an enhanced facial recognition feature for its Siri-related applications. Terms of the deal were not disclosed.

mrm/workflow management

Ex Libris, a provider of automation solutions for libraries, has been acquired by academic information company ProQuest. The acquisition provides ProQuest with expanded library workflow solutions. Terms of the deal were not disclosed.

Agency & Marketing Services

experiential marketing

Corporate events and experiential marketing company Opus Agency has raised an undisclosed amount of funding from Monroe Capital. The company will use the new resources for expanding its event marketing product suite.

Traditional Media

entertainment media

Movie theater chain operator Carmike Cinemas will acquire Sundance Cinemas for $36 million. The acquisition broadens Carmike’s geographic presence as the company looks to scale. Further terms of the deal were not disclosed.

Software

erp

Inventory management platform TrackR has raised $8.7 million in a round of funding led by Foundry Group with participation from Resolute Ventures. The company will use the funding for scaling production and expanding its customer support team.

healthcare

CareSync, a developer of software for disease management, has raised $18 million in Series B funding from Merck Global Health, Greycroft Partners, and Harbert Venture Partners. The company will use the round of funding for expanding headcount and developing its technology.

hr

Workforce allocation platform developer Move Guides has raised $15.6 million in Series B funding from New Enterprise Associates and Notion Capital. The company has raised $30 million to date and will use the funding for launching new products and expanding operations.

security

Germany-based cybersecurity software developer CenterTools Software has been acquired by private equity firm Norwind Capital. The acquisition provides CenterTools with the resources for strengthening its presence internationally. Terms of the deal were not disclosed.

security

Privilege management solutions developer Viewfinity has been acquired by cybersecurity company CyberArk (Nasdaq:CYBR) for $30.5 million. The acquisition provides CyberArk with an endpoint privilege management solution. Further terms of the deal were not disclosed.

Business Services

logistcis

Logistics company GoJavas has raised $20 million in a round of funding from Snapdeal. The company will use the funding for expanding its presence geographically while partnering with Snapdeal’s logistics operations.

staffing

IT staffing firm EdgeRock Technologies has been acquired by CDI Corp. (NYSE:CDI). The acquisition provides CDI with IT staffing capabilities and a broadened client portfolio. 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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