Daily Deal Activity 12/29/15

Digital Media/Commerce

classifieds/auctions/p-to-p

UK-based home sharing service company Veeve has raised $11 million in a round of funding from Smedvig Capital. The company will use the funding for building out its mobile logistics platform while expanding customer experience initiatives.

ecommerce

India-based hyperlocal delivery startup PepperTap has raised $4 million in Series B funding from Innoven Capital. The company will use the funding for acquiring competitor Jiffstore. Terms of the deal were not disclosed.

mobile content/apps

Financial trading information and advice company GoldBean has raised an undisclosed amount of funding from AXA Strategic Ventures. The company will use the funding for building out its platform and advice programs.

niche content

Weather Decision Technologies, a provider of weather content to media outlets, has raised $3.5 million in a round of funding from undisclosed investors. The company will use the funding for building out its platform.

Digital Advertising

online lead generation, ecommerce

India-based online photography startup Canvera Digital Technologies has raised $2.2 million in a round of funding from Info Edge. The company will use the funding for expanding its professional photographer network while focusing on building out its platform.

vertical search

India-based education assessment company Aspiring Minds will acquire internship discovery platform LetsIntern.com. The acquisition provides Aspiring Minds with an expanded presence in the internships space. Terms of the deal were not disclosed.

Marketing Technology

market research

TVision Insights, operator of a platform that allows TV researchers to measure attention, has raised $2.5 million in a round of funding from Project 11 Ventures, Golden Venture Partners, and Sigma Prime Ventures. The company will use the funding for expanding operations.

mrm/workflow management

Compressus, a provider of workflow solutions for the healthcare IT market, will be acquired by affiliate company Versata Enterprises. The acquisition will see Compressus operate as a standalone entity as it builds out its customer success team. Terms of the deal were not disclosed.

Traditional Media

traditional outdoor

Billboard operating company Showtime Outdoor Media will be acquired by Seaport Capital Partners portfolio company B Media Group. The acquisition provides B Media with an expanded outdoor advertising portfolio. Terms of the deal were not disclosed.

Software

credit/risk

Credit risk management solutions provider modeFinance has raised $1.4 million in a round of funding from Gruppo Corvallis. The company will use the new round of funding for expanding its presence internationally.

data management

Private equity firm StoneCalibre will acquire secure document exchange company XMedius Solutions from Sagemcom Canada. The acquisition provides XMedius with the resources for exploring add-on acquisition opportunities. Terms of the deal were not disclosed.

erp

TigerBay, a developer of reservation and management software for tour operators, will be acquired by travel technology company Atcore. The acquisition provides Atcore with a strengthened travel products suite. Terms of the deal were not disclosed.

hr

Fama, a developer SaaS-based social media profile solutions for human resources divisions, has raised $1.5 million in a round of funding from Amplify.LA, Double M Partners, Social Starts, and Wavemaker Partners. The company will use the funding for product development.

Information

product/price information

Canada-based vehicle history report services company CarProof will be acquired by IHS (NYSE:IHS) for $468 million. The acquisition will see CarProof operate alongside IHS-owned CARFAX as the company expands its vehicle history report services in Canada. Further terms of the deal were not disclosed.

Business Services

training

Online education platform EntranceCorner will be acquired by career counseling portals operator Careers360. The acquisition provides Careers360 with an expanded offering for the K-12 market. 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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