Daily Deal Activity 01/14/16

Digital Media/Commerce

ecommerce

Inturn, developer of a b-to-b platform for retailers to sell and purchase off-price inventory, has raised $9.7 million in Series A funding led by Novel TMT Ventures with participation from Forerunner Ventures, Lerer Hippeau Ventures and T5 Capital. The company will use the funding for expanding its sales and client services teams.

social media/apps

MoveWith, operator of social app for workout instructors, has raised $3 million in a round of funding led by Forerunner Ventures with participation from Accomplice and Founder Collective. The company will use the funding for broadening its user base.

Digital Advertising

comparison shopping

UK-based car comparison website Carwow has raised $13.6 million in a round of funding from Accel Partners with participation from Balderton Capital, Samos Investments, and Episode 1 Ventures. The company will use the funding for expanding operations.

comparison shopping

Insurance discovery and purchasing platform PolicyGenius has raised $15 million in Series B funding led by Revolution Ventures with participation from Karlin Ventures, Susa Ventures, AXA Strategic Ventures, Transamerica Ventures, and MassMutual Ventures. The company has raised $21 million to date and will use the funding for hiring talent.

digital video

Latino digital media company Mitu has raised $27 million in Series C funding led by AwesomenessTV, WPP Digital, Verizon Ventures, and Upfront Ventures. The company will use the funding for expanding its content publishing platform.

Marketing Technology

analytics & targeting

Boomerang Commerce, developer of a guided-analytics suite for retailers, has raised $12 million in Series B funding led by Shasta Ventures with participation from Madrona Venture Group and Trinity Ventures. The company will use the funding for expanding its product offering.

bi tools

Forecast and planning platform developer Anaplan has raised $90 million in a round of funding led by Premji Invest with participation from Baillie Gifford, Founders Circle Capital, and Harmony Partners. The company will use the funding for platform development initiatives.

bi tools

Business intelligence platform Looker has raised $48 million in Series C funding led by Kleiner Perkins Caufield & Byers with participation from Redpoint Ventures, Meritech, and Sapphire Ventures. The company will use the funding for expanding its sales, marketing, and engineering divisions.

marketing data, analytics & targeting

Mobile app data insights platform App Annie has raised $63 million in Series E funding led by Greenspring Associates with participation from e.Ventures, Greycroft Partners, Institutional Venture Partners, and Sequoia Capital. The company has raised $157 million to date and will use the funding for scaling internationally.

mrm/workflow management

Advertising and workflow software developer BCC AdSystems will be acquired by Mediaocean. The acquisition provides Mediaocean with an expanded media buying and planning workflow solution. Terms of the deal were not disclosed.

sfa/lead management, content management

Customer insights and product adoption platform MindTouch has raised $12 million in a round of funding led by PeakSpan Capital with participation from SK Ventures and SAP SE. The company will use the funding for product development.

Agency & Marketing Services

healthcare agency

Patient health marketing agency MicroMass Communications will be acquired by Periscope Equity portfolio company Strategic Pharma Solutions. The acquisition provides Strategic Pharma Solutions with expanded professional healthcare advocacy offerings. Terms of the deal were not disclosed.

public relations

Digital agency Studio98 will acquire social media public relations agency Meritus Media. The acquisition will provide Meritus Media with expanded data monitoring and management capabilities. Terms of the deal were not disclosed.

Traditional Media

broadcast television

Canada-based television and specialty networks company Shaw Media will be acquired by Corus Entertainment for $1.9 billion. The acquisition includes $1.3 billion in cash and represents a FY2015 EBITDA multiple of 7.7x. Shaw Media has reported revenues of $1.3 billion.

broadcast television

The Wellness Network, a provider of video-on-demand television networks for hospitals, will be acquired by Wafra Partners. The acquisition provides The Wellness Network with the resources for expanding in the healthcare education industry. Terms of the deal were not disclosed.

Software

erp

Technology discovery and management software developer Wellspring has raised $6 million in Series B funding led by Plymouth Ventures with participation from MK Capital. The company will use the funding for sales and marketing initiatives.

financial

Financial supply chain platform Taulia has raised $46 million in Series E funding led by Zouk Capital with participation from Matrix Ventures, Trinity Ventures, and DAG Ventures. The company has raised $130 million to date.

healthcare

UK-based mobile doctor consultation platform Babylon has raised $25 million in Series A funding led by Investment AB Kinnevik with participation from Hoxton Ventures and private investors. The company will use the funding for expanding internationally.

healthcare

Telemedicine startup Call9 has raised $10 million in Series A funding led by Index Ventures with participation from private investors. The company will use the funding for expanding its network within nursing home communities.

legal

Everlaw, a developer of eDiscovery software for law firms and government agencies, has raised $8.1 million in Series A funding from Andreessen Horowitz. The company will use the new round of funding for expanding operations.

security

Vendor risk management platform developer Prevalent has raised $8 million in Series B funding led by Spring Mountain Capital with participation from Fulcrum Equity Partners. The company will use the funding for expanding its user base.

Information

legal information, consumer magazine publishing

Legal information and news company ALM Media has acquired legal analysis, research, and digital news property Legal Week from Incisive Media. The acquisition will provide ALM with an expanded international presence. Terms of the deal were not disclosed.

Business Services

it consulting/systems integration

Analytics software consulting services provider Applied Analytix will be acquired by analytics strategy and implementation firm QueBIT. The acquisition provides QueBIT with an expanded analytics services portfolio. Terms of the deal were not disclosed.

it consulting/systems integration

Research and development software services and consultancy firm REC Global will be acquired by IT consulting company GlobalLogic. The acquisition provides GlobalLogic with expanded capabilities in the embedded software space. 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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