Daily Deal Activity 01/13/16

Digital Media/Commerce

classifieds/auctions/p-to-p

India-based online automobile classifieds company CarTrade has raised $145 million in a round of funding from Temasek, March Capital, and Warburg Pincus. The company will use the funding for its previously announced acquisition of Germany-based competitor CarWale from Axel Springer.

mobile content/apps

Moneybox, developer of an investment app, has raised $3 million in a round of funding from Betfair and Samos Investments. The company will use the funding for app development initiatives while expanding headcount.

Digital Advertising

local search

Local classes search platform CourseHorse has raised $4 million in a round of funding led by Red Ventures with participation from Learn Capital. The company will use the funding for expanding its presence domestically while building out its engineering division.

Marketing Technology

analytics & targeting

Ad serving and measurement company Flashtalking will acquire media measurement and reporting company Encore Media Metrics. The acquisition will provide Flashtalking with expanded attribution analytics capabilities. Terms of the deal were not disclosed.

crm

Campaign management and real-time marketing platform developer Limelight has raised $3.1 million in a round of funding led by Rowanwood Ventures with participation from Acceleprise Ventures. The company will use the funding for expanding internationally.

marketing asset management

Cloud print solutions company HubCast will be acquired by online content distribution and printing company Mimeo. The acquisition provides Mimeo with a simplified channel for content management and distribution. Terms of the deal were not disclosed.

Agency & Marketing Services

branded communications

Audience engagement services company Mindshare Networks will be acquired by brand experience firm Freeman. The acquisition provides Freeman with expanded second-screen technology as the company builds out its Digital Ventures initiative. Terms of the deal were not disclosed.

digital agency

China-based IT consulting company Pactera Technology International will acquire digital agency Blue Fountain Media. The acquisition strengthens Pactera’s digital capabilities and provides the company with an expanded client base. Terms of the deal were not disclosed.

Software

collaboration

Real-time collaboration software developer Viki Solutions will be acquired by brand lifecycle management solutions provider BLUE Software. The acquisition provides BLUE with an enhanced automated task routing offering. Terms of the deal were not disclosed.

data management

Backup and recovery software developer StorageCraft Technology Corporation has raised $187 million in a round of funding from TA Associates. The company will use the new round of funding for expanding operations.

data management

Recovery and business continuity solutions developer Zerto has raised $50 million in Series E funding led by Institutional Venture Partners with participation from Access Industries, 83North, Battery Ventures, Harmony Partners, RTP Ventures, and U.S. Venture Partners. The company will use the funding product development.

healthcare

India-based home health care services company Care24 has raised $4 million in Series A funding from SAIF Partners. The company will use the funding for expanding its presence domestically while focusing on hiring talent.

healthcare

DrFirst, a developer of electronic prescription solutions for healthcare providers, will acquire the assets of mobile e-prescription app developer iPrescribe. The acquisition provides DrFirst with an expanded international presence. Terms of the deal were not disclosed.

healthcare

Healthcare compliance management software developer Eyecom will be acquired by electronic health records company Compulink from the Healthstream Company. The acquisition provides Compulink with expanded practice management solutions. Terms of the deal were not disclosed.

healthcare

Population health management platform Healarium will be acquired by Apollo Medical Holdings. The acquisition is complimentary to Apollo Medical’s medical management and care coordination capabilities. Terms of the deal were not disclosed.

hr, social technology

Social media risk management and compliance solutions company Netblox Blue will be acquired by Bloomberg. The acquisition will expand the governance capabilities of Bloomberg’s compliance software platform Bloomberg Vault. Terms of the deal were not disclosed.

security

Managed security services provider ScrapeSentry will be acquired by bot detection solutions company Distil Networks. The acquisition provides Distil Networks with an expanded human-threat focused managed security offering. Terms of the deal were not disclosed.

security

Web and mobile app protection solutions developer Shape Security has raised $25 million in Series D funding from Baseline Ventures, Epic Ventures, Kleiner Perkins Caufield & Byers, Venrock, Norwest Venture Partners, Google Ventures, and Tomorrow Ventures. The company has raised $91 million to date and will use the funding for international expansion.

security

Tetra Concepts, a developer of cloud platforms for the intelligence community, will be acquired by IT and program management services provider Preferred Systems Solutions. The acquisition provides PSS with expanded cybersecurity solutions for its intelligence community offerings. Terms of the deal were not disclosed.

software development tools

TestPlant, a developer of automated software testing tools, has raised a majority investment from The Carlyle Group. The company will use the resources for building out its management team while focusing on product development.

Information

Financial information, market research

Federal policy and market analysis research firm Potomac Research Group will be acquired by investment research firm Hedgeye Risk Management. The acquisition is complimentary to Hedgeye’s public policy research capabilities. Terms of the deal were not disclosed.

Business Services

fulfillment

SaaS-based enterprise retail and fulfillment solutions company Enroute Systems Corporation will be acquired by Pitney Bowes (NYSE:PBI). The acquisition provides Pitney Bowes’ with expanded solutions for its international eCommerce offerings. Terms of the deal were not disclosed.

it consulting/systems integration

IT services company  Net@Work will acquire the  eCommerce website development arm of Pixafy. The acquisition will provide Net@Work with expanded b-to-b and b-to-c eCommerce website creation offering. 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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