Daily Deal Activity 10/23/15

Digital Media/Commerce

classifieds/auctions/p-to-p

Naspers has acquired a majority stake in Russia-based classifieds platform Avito for $1.2 billion. Avito has reported revenues of $76.5 million and EBITDA of $38.7 million, and the acquisition will see Naspers increase its stake in the company from 17.4 percent to 67.9 percent.

ecommerce

Germany-based meal box delivery service Marley Spoon has acquired Australia-based competitor KochAbo. The acquisition will provide Marley Spoon with an expanded international presence. Terms of the deal were not disclosed.

mobile content/apps

Quiz and polling app startup Movement Ventures has raised $5.5 million in Series A funding from Pelion Venture Partners. The company will use the new round of funding for hiring talent and product development initiatives.

social media/apps

Creative industries networking platform The Dots has raised $2.3 million in a round of funding from private investors. The company will use the new round of funding for expanding its audience while scaling internationally.

Marketing Technology

commerc e management

Digital gifting solutions company Jifiti has raised $3.3 million in a round of funding from Jesselson Investments and private investors. The company has raised $7.1 million to date and will use the funding for building out its partnerships network with platforms and retailers.

Software

cloud computing

Document creation company Nitro Software has acquired smart document software and services provider doxIQ. The acquisition provides Nitro with expanded document analytics technology and will see doxIQ folded into its document sharing and e-signature product. Terms of the deal were not disclosed.

credit/risk

Fraud prevention startup Simility has raised an additional $2.3 million in a round of funding from Trinity Ventures. The recent funds brings the round total to $5.7 million, and the company will use the investment for product development

financial

Accounting software developer TKS Solutions has been acquired by financial technology and software developer Eze Software Group. The acquisition provides Eze with shareholder reporting capabilities for its portfolio management solution suite. Terms of the deal were not disclosed.

healthcare

Drug discovery platform IntelliCyt has raised $7.4 million in a round of funding led by Arboretum Ventures with participation from Prolog Ventures and Verge Fund. The company will use the funding for product development efforts.

hr

Live video chat technology company Vee24 has raised $8.9 million in a round of funding from undisclosed investors. The company will use the funding for building out its eCommerce platform integration capabilities.

security

Palantir has raised a further $105 million, bringing its latest round to $554 million, from undisclosed investors. The company has raised $2.3 billion to date and is valued at a reported $20.2 billion. The funding will be used for continued product development.

security

Security training solutions company Wombat Security Technologies has raised $3.3 million in a round of funding from private investors. The company will use the funding for supporting its recent transaction of email fraud company ThreatSim.

software development tools

Gelato.io, a provider of white-label portal services, has been acquired by API marketplace and tools developer Mashape. The acquisition provides Mashape with an expanded API Gateway offering. Terms of the deal were not disclosed.

software development tools

Software design firm Nickelfish has been acquired by digital platform building and designing firm Endava. The acquisition provides Endava with an end-to-end platform operation offering. Terms of the deal were not disclosed.

Information

healthcare information

Behavioral health organization electronic health records company Lavender & Wyatt Systems will be acquired by electronic health records firm Netsmart Technologies. The acquisition provides Netsmart with care coordination capabilities and an expanded health and human services network. Terms of the deal were not disclosed.

Business Services

training

Accountant and finance professional training company SmartPros has been acquired by Kaplan for $16.9 million. SmartPros has reported 2014 revenues of $13.5 million and the acquisition provides Kaplan with expanded offerings for the professional development marketplace.

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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