Daily Deal Activity 01/22/16

Digital Media/Commerce

ecommerce

India-based after sales services platform HandyHome will be acquired by mobile-based services marketplace company UrbanClap. The acquisition provides UrbanClap with a strengthened customer base. Terms of the deal were not disclosed.

ecommerce

India-based on-demand ride aggregator Jugnoo has raised $5.5 million in Series B funding led by Paytm with participation from Snow Leopard Ventures. The company will use the funding for expanding its presence domestically while scaling marketing and advertising campaigns.

mobile content/apps

File sharing app developer Send Anywhere has raised $6 million in Series A funding from Rakuten Ventures. The company will use the new round of funding for user growth and retention efforts and product development initiatives.

mobile content/apps

SmartPocket, developer of an app for digitizing consumer loyalty cards, has been acquired by business communication app developer Goodbox. The acquisition provides Goodbox with an expanded product and engineering division. Terms of the deal were not disclosed.

web search/portals

Pakistan-based real-estate portal Zameen.com has raised $20 million in Series C funding from undisclosed investors. The company will use the new round of funding for expanding its presence internationally and hiring talent.

Digital Advertising

vertical search

Insurance policy aggregator EasyPolicy has raised $2.2 million in a round of funding from Unilazer Ventures. The company will use the round of funding for expanding its product offering into new verticals.

Marketing Technology

analytics & targeting

SaaS-based cross screen services provider BlueCava will merge with Qualia, developer of a cross-channel targeting platform. The combined entity will operate under the Qualia brand. Terms of the deal were not disclosed.

email/messaging software

Email marketing and user engagement platform Iterable has raised $8 million in Series A funding led by Charles River Ventures with participation from Merus Capital and 645 Ventures. The company will use the funding for expanding headcount.

market research

NPD Group has acquired VideoScan, a point-of-sale retail tracking service for the home video market, from Nielsen. The acquisition provides NPD with expanded information offerings for the entertainment industry. Terms of the deal were not disclosed.

mobile technology

Digital restaurant ordering and delivery solutions provider Olo has raised $40 million in a round of funding from The Raine Group. The company will use the new round of funding for product development initiatives.

mobile technology

Mobile interface technology developer Qeexo has raised $4.5 million in Series B funding from Sierra Ventures and Danhua Capital. The company will use the funding for expanding research and development initiatives.

social technology

Canvs, a developer of audience insights solutions for social media strategy, has raised $5.6 million in Series A funding from KEC Ventures, Rubicon Venture Capital, BRaVe Ventures, Social Starts, and Milestone Venture Partners. The company will use the funding for expanding operations.

Agency & Marketing Services

loyalty/retention

FiveStars, developer of rewards program for small businesses, has raised $50 million in Series C funding led by HarbourVenture Partners with participation from Lightspeed Venture Partners, Menlo Ventures, and DCM Ventures. The company has raised $105 million to date and will use the funding for expanding operations.

Traditional Media

consumer magazine publishing

Leadership and networking company SIG will acquire outsourcing and business services publication Outsource Magazine. The acquisition provides SIG with an expanded content offering for its membership programs. Terms of the deal were not disclosed.

Software

enterprise mobility

Mobile infrastructure platform Nubo Software has raised $7 million in Series A funding from Magma Venture Partners and Motorola Solutions Venture Capital. The company will use the funding for expanding its marketing and sales divisions.

financial

Small business accounting software developer IP Commerce has raised an undisclosed amount of funding from First Data Ventures, Intel Capital, Meritage Funds, Camp One Ventures, and Augury Capital Partners. The company will use the funding for expanding headcount.

healthcare

Dorsata, a developer of workflow solutions for healthcare systems, has raised $1.1 million in a round of funding from 1776 Ventures and QED Investors. The company will use the new round of funding for expanding its engineering division.

security

Identity authentication startup Confirm.io has raised $4 million in a round of funding from Accomplice, Cava Capital, and Zelkova Ventures. The company will use the funding for expanding the capabilities of its product suite.

virtualization

Microserver architecture technology company Unikernal Systems will be acquired by Docker. The acquisition will provide Docker with expanded capabilities for its container ecosystem. Terms of the deal were not disclosed.

Business Services

staffing

Legal staffing solutions company TRAK Legal will be acquired by legal staffing and recruiting services provider Special Counsel. The acquisition provides Special Counsel with a broadened range of recruiting and placement client options. 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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