Daily Deal Activity 01/28/16

Digital Media/Commerce

ecommerce

On-demand refueling company Booster Fuel has raised $9 million in Series A funding Madrona Venture Group, Version One Ventures, and RRE Ventures. The company will use the funding for expanding operations.

ecommerce

CinemaNow, a provider of on-demand film and television content, will be acquired subscription-based television services provider FilmOn.TV Networks. The acquisition provides CinemaNow with an expanded original content offering. Terms of the deal were not disclosed.

ecommerce

Car insurance marketplace Insurify has raised $2 million in a round of funding from Rantionalwave Capital Partners. The company will use the new round of funding for expanding its presence domestically.

Digital Advertising

mobile marketing

UK-based Tapdaq, developer of an in-app advertising platform for mobile developers, has raised $6.5 million in Series A funding from BGF Ventures, Balderton Capital, Spring Partners, and Open Ocean Capital. The company will use the funding for expanding internationally.

vertical search

Mobile job marketplace Job Today has raised $10 million in Series A funding led by Accel Partners with participation from Felix Capital and Mangrove Capital Partners. The company will use the funding for expanding internationally.

Marketing Technology

content management

Visual content campaign and creation platform Visually will be acquired by content marketing platform ScribbleLive. The acquisition provides ScribbleLive with complimentary offerings and an expanded customer base. Terms of the deal were not disclosed.

crm

360Incentives.com, developer of a platform for managing sales compensation plans, loyalty programs, and rebate fulfillment, has raised $10 million in a round of funding led by Leaders Fund with participation from Omers Ventures and Klass Capital. The company will use the funding for software development initiatives.

teleservices/eservices

UK-based cloud customer contact platform NewVoiceMedia has raised $30 million in Series C funding from BFG Ventures, Bessemer Venture Partners, Eden Ventures, Highland Capital Partners, Salesforce Ventures, and Technology Crossover Ventures. The company will use the funding for expanding its US-based sales and marketing teams.

Agency & Marketing Services

digital agency

Grey Group will acquire mobile design and development agency ArcTouch. The acquisition will see ArcTouch integrated into Grey’s Brand Experience Group as the company looks to expand its digital capabilities. Terms of the deal were not disclosed.

dr media buying, ad networks/exchanges

Long-form direct-response television company Cannella Response Television acquired Media Properties Holdings, the parent company of automated advertising platform Admore and short-form direct-response television provider REVShare, from The Carlyle Group and H.I.G. Capital. The acquisition will provide Cannella’s agency and marketing partners with expanded access to advertising inventory for DRTV and programmatic campaigns. Terms of the deal were not disclosed. (A Petsky Prunier-led transaction)

experiential marketing

Marketplace Events, an organizer of consumer shows targeting the home improvement market, will be acquired by Sentinel Capital Partners. The acquisition provides Marketplace Events with the resources for pursuing acquisition opportunities. Terms of the deal were not disclosed.

Traditional Media

broadcast television

Local broadcast television company Sinclair Broadcast Group (Nasdaq:SBGI) will acquire The Tennis Channel television network for $350 million. The acquisition marks Sinclair’s entrance into the national cable television market. Sinclair will carry forward more than $200 million in Tennis Channel operating losses. Further terms of the deal were not disclosed.

Software

big data

Farmers Edge, a developer of big data solutions for the agriculture sector, has raised $41 million in a round of funding from Mitsui & Co., Kleiner Perkins Caufield & Byers, and Osmington. The company will use the funding for expanding internationally.

healthcare

Telemedicine platform SnapMD has raised $5.3 million in a round of funding from Shea Ventures, TYLT Labs, and Whittier Ventures. The company will use the funding for expanding direct sales efforts while building out its virtual care management platform.

security

Data breach prevention and response platform ID Experts has raised $5 million in Series A funding from BlueCross BlueShield Venture Partners and Sandbox Advantage Fend. The company will use the funding for expanding operations.

security

Voice-fraud prevention and authentication platform Pindrop has raised $75 million in Series C funding led by Google Capital with participation from Andreessen Horowitz, Institutional Venture Partners, Citi Ventures, Felicis Ventures, and Redpoint Ventures. The company will use the funding for expanding headcount.

virtualization

Container automation platform developer Wercker has raised $4.5 million in Series A funding led by Inkef Capital with participation from Notion Capital. The company will use the funding for product development.

Information

healthcare information

Health plan analytics and risk adjustment information provider Clear Vision Information Systems will be acquired by SCIO Health Analytics. The acquisition is complimentary to SCIO’s prescriptive analytics offering. Terms of the deal were not disclosed.

legal information

Legal and IP consultancy Yerra Solutions will acquire Lex Machina, a provider best practice solutions for legal and IP department. The acquisition is complimentary to Yerra Solutions’ enterprise legal management and eDiscovery offerings. Terms of the deal were not disclosed.

Business Services

it consulting/systems integration

Cloud strategy and implementation services provider KBACE Technologies will be acquired by Cognizant (Nasdaq:CTSH). The acquisition will be complimentary to Cognizant’s digital capabilities and Oracle cloud practice. Terms of the deal were not disclosed.

it consulting/systems integration

Cloud implementation solutions company Point to Point will be acquired by India-based business process outsourcing and IT company HCL Technologies for $11.4 million. The acquisition provides HCL with an expanded international presence. Point to Point has reported revenues of $12.5 million.

logistics, marketing asset management

Vision Media Management, a provider of digital asset management, fulfillment, and distribution services, has been acquired by CenterGate Capital. The acquisition provides Vision Media with the resources for expanding its customer base. 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.

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: