Daily Deal Activity 01/05/16

Digital Media/Commerce

ecommerce

Organic meal delivery service Sakara Life has raised $4.8 million in Series A funding from SV Angel and private investors. The company will use the new round of funding for scaling operations while hiring talent.

mobile content/apps

Aptoide, developer of an independent app store management platform, has raised $4 million in Series A funding from Gobi Partners and Golden Gate Ventures. The company will use the funding for expanding its presence internationally.

Digital Advertising

digital video

Digital and mobile video platform JW Player has raised $20 million in Series D funding from Greycroft Partners, Greenspring Associates, Cueball Capital, and e.ventures. The company will use the funding for expanding its presence internationally.

Marketing Technology

analytics & targeting

Blueshift, a developer of customer profile marketing solutions, has raised $8 million in Series A funding led by Storm Ventures with participation from Nexus Venture Partners. The company will use the funding for expanding its sales and marketing efforts.

content management,  analytics & targeting

AddThis, developer of a creation and distribution platform for social media publishers and application developers, has been acquired by Oracle. The acquisition will provide Oracle with expanded audience insight and measurement capabilities and is complimentary to the company’s Data Cloud offering. Terms of the deal were not disclosed.

marketing data

Indonesia-based receipt scanning startup Snapcart has raised $1.7 million in a round of funding from Wavemaker Partners, SPH Media Fund, and Ardent Capital. The company will use the funding for expanding internationally.

mobile technology

Alef Mobitech, developer of a mobile cloud interconnection platform, has raised $5 million in a round of funding from Tata Capital. The company will use the funding for business development, marketing, and research and development initiatives.

mobile technology, financial software

Restaurant point-of-sale company Toast has raised $30 million in Series B funding led by Bessemer Venture Partners with participation from Google Ventures. The company will use the funding for product development and expanding headcount.

Agency & Marketing Services

data processing/enhancement

Data analytics and visibility company Infogix will be acquired by Thoma Bravo from H.I.G. Capital. The acquisition provides Infogix with the resources for exploring potential acquisition opportunities. Terms of the deal were not disclosed.

Traditional Media

b-to-b media

TU-Automotive, an event and digital information company serving the automotive tech market, will be acquired by Penton. The acquisition provides TU-Automotive with an expanded presence in the connected vehicles area. Terms of the deal were not disclosed.

entertainment media

Dalian Wanda Group will acquire a majority stake in film and television studio Legendary Entertainment in a transaction that could value the company at a reported $4 billion. The acquisition coincides with Dalian Wanda’s US expansion strategy. Terms of the deal were not disclosed.

Software

collaboration

iFactor Consulting, a provider of customer communication solutions for the utility sector, will be acquired by customer interaction management company KUBRA. The acquisition will provide KUBRA with complimentary offerings. Terms of the deal were not disclosed.

credit/risk

Credit union software and services firm Venminder has raised $4 million in Series B funding from Bain Capital Ventures. The company will use the funding for building out its vendor management software platform while hiring talent.

healthcare

Applied Maths, a developer of software for the biosciences industry, has been acquired by bioMerieux. The acquisition provides bioMerieux with expanded capabilities for its long-term care offering. Terms of the deal were not disclosed.

healthcare

Cloud-based patient involvement software developer One Medical Passport has raised $4 million in Series A funding from FCA Venture Partners. The company will use the funding for building out its patient engagement solution.

healthcare, mobile content/apps

Prescription refill app developer healthfinch has raised $7.5 million in Series A funding led by Adam Street Partners with participation from JumpStart Ventures, Chicago Ventures, OCA Ventures, and Abundant Ventures. The company will use the funding for developing its practice automation platform.

hr

Front Desk, a developer of mobile scheduling and payment management solutions for small businesses, has raised $3.5 million in a round of funding from Floodgate, Second Avenue Partners, and Version One Ventures. The company will use the funding for product development and marketing efforts.

security

Connected vehicles cyber security company TowerSec will be acquired by Harman International (NYSE:HAR). The acquisition will see TowerSec integrated into Harman’s 5+1 security architecture offering. Terms of the deal were not disclosed.

Information

healthcare information

NaviNet, a provider of payer-provider information solutions for the healthcare market, will be acquired by healthcare IT company NantHealth. The acquisition provides NantHealth with an expanded healthcare communications network offering. Terms of the deal were not disclosed.

Business Services

healthcare consulting

Revenue cycle assessment and strategy consulting firm McKinnis Consulting Services will be acquired by Navigant Consulting (NYSE:NCI) for $52 million. The acquisition will provide Navigant with an expanded healthcare division.

healthcare consulting

Medical imaging IT and consulting services company RxEye will be acquired by IT and healthcare technology company Sectra. The acquisition provides RxEye with an expanded customer and sales network. Terms of the deal were not disclosed.

hr consulting

Workday solutions provider CPSG Partners will be acquired by talent consulting firm Mercer. The acquisition provides Mercer with expanded cloud integration capabilities for human resources and financial operations. Terms of the deal were not disclosed.

it consulting/systems integration

Netherlands-based cloud advisory and technology services provider CRMWaypoint will be acquired by Accenture. The acquisition provides Accenture with strengthened cloud services capabilities as the company focuses on its Cloud First agenda. Terms of the deal were not disclosed.

it consulting/systems integration

Finland-based cloud services consulting company Fluido has raised $3.5 million in a round of funding led by Norvestia Growth Equity with participation from Salesforce Ventures. The company will use the funding for domestic expansion.

training

Online education discovery platform Degreed has raised $21 million in Series B funding led by Jump Capital with participation from Signal Peak Ventures, Rethink Educations, and private investors. The company will use the funding for expanding operations.

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.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: