Daily Deal Activity 10/12/15

Digital Media/Commerce

ecommerce

58.com’s home services division 58 Daojia has raised $300 million in Series A funding from Alibaba, KKR, and Ping An Group. The investment values 58.com at a reported $1 billion, and the company will use the proceeds for building out its platform while focusing on marketing initiatives.

ecommerce

Sweden-based online travel agency eTRAVELi has been acquired by Germany-based ProSiebenSat.1 Media from private equity firm Segulah for $267 million. The acquisition expands ProSibenSat.1’s digital offerings and is complementary to its online travel business.

ecommerce

Subscription food delivery service TryTheWorld has raised $2.3 million in a round of funding from Alven Capital. The company will use the new funding for expanding operations while hiring talent and broadening its chef network.

mobile content/apps, ecommerce

Spain-based taxi ride app Cabify has raised $12 million in Series B funding led by Rakuten with participation from Seaya Ventures. The company will use the funding for expanding operations domestically and internationally.

niche content, digital video

Sporting events video site operator EverSport Media has raised $4.2 million in a round of funding from ProSieben, Emil Capital, and Third Wave Capital. The company will use the funding for expanding its television partnerships network.

Digital Advertising

digital promotions/coupon

Mobile gifting platform Gratafy has raised $4.3 million in a round of funding from Acorn Ventures and private investors. The company has raised $9.8 million to date and will use the new round of funding for hiring talent, expanding into new markets, and focusing on sales and marketing.

local search

France-based restaurant discovery and ordering platform Wynd has raised $8 million in Series A funding led by Alven Capital with participation from Orange Digital Ventures. The company will use the funding for expanding headcount and building out its platform.

mobile marketing

Spain-based mobile marketing platform InnoQuant has raised $2.2 million in a round of funding from Inveready Capital. The company will use the new round of funding for launching its platform while focusing on product development.

mobile marketing

Brick-and-mortar analytics company RetailNext will acquire mobile content firm Pikato. The acquisition coincides with RetailNext’s product expansion strategy as the company breaks into new verticals. Terms of the deal were not disclosed.

Marketing Technology

commerce management

Online card payment solutions company Clearhaus has raised $3.3 million in a round of funding from private investors. The company will use the new round of funding for product development, marketing, and research and development initiatives.

Agency & Marketing Services

experiential marketing

Experiential agency pulse220 has been acquired by George P. Johnson Experience Marketing. The acquisition expands George P. Johnson’s business meetings and hospitality events offering. Terms of the deal were not disclosed.

Software

big data, infrastructure

Dell has announced it will acquire EMC for an estimated $67 billion. The acquisition represents $33.15 per share, a 28 percent premium over EMC’s October 7th closing price, and includes $24.05 per share in cash and $9.10 per share worth of stock in EMC-owned VMWare. EMC has reported revenues of $24.7 billion and EBITDA of $5.4 billion, and will solicit other offers for 60 days.

big data

Enterprise-level big data software developer Syncsort has been acquired by private equity firm Clearlake Capital Group. The acquisition provides Syncsort with the resources for product development initiatives. Terms of the deal were not disclosed.

financial

Investment research company Morningstar (Nasdaq:MORN) has acquired investment rebalancing platform developer Total Rebalance Expert. The acquisition provides Morningstar with rebalancing capabilities for its practice and portfolio management system. Terms of the deal were not disclosed.

financial

Private placement workflow platform Zanbato has raised $8 million in Series B funding led by Accelerate-IT Ventures with participation from Formation 8. The company will use the funding for expanding its footprint in private financial markets.

security

Identity management and authentication company Vasco Data Security (Nasdaq:NDSI) has acquired electronic signature platform developer Silanis Technology for $85 million. The acquisition provides Vasco with expanded solutions for its financial services customer base. Further 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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