Daily Deal Activity 02/03/16

Digital Media/Commerce

classifieds/auctions/p-to-p

Real estate listings site Lamudi has raised $31.4 million in a round of funding from Asia Pacific Internet Group, Tengelmann Ventures, and Holtzbrinck Ventures. The company will use the funding for expanding its presence in Asia and Latin America.

ecommerce

Design eCommerce platform Bezar will be acquired by Australia-based luxury design products eCommerce site AHALife. The acquisition provides AHALife with an expanded international presence. Terms of the deal were not disclosed.

ecommerce

India-based on-demand laundry startup My Wash will be acquired by home services startup HouseJoy. The acquisition provides HouseJoy with an entrance into the laundry vertical. Terms of the deal were not disclosed.

ecommerce

South Africa-based online travel agency Travelstart has raised $40 million in a round led by Amadeus Capital Partners with participation from MTN Group. The company will use the new round of funding for expanding its presence internationally.

mobile content/apps

Microsoft will acquire application and text prediction application developer SwitftKey in a reported transaction valuing the company at less than $250 million. The acquisition strengthens the capabilities of Microsoft’s artificial intelligence portfolio. Further terms of the deal were not disclosed.

niche content

Denmark-based Tattoodo, operator of a platform for all things tattoo-related, has raised $2.5 million in a round of funding from private investors. The company will use the new round of funding for content development initiatives.

Marketing Technology

analytics & targeting

Real-time government analysis platform FiscalNote has raised $10 million in Series C funding led by Visionnaire Ventures and Green Visor Capital with participation from New Enterprise Associates and Conversion Capital. The company will use the funding for expanding into data segments outside of government affairs.

analytics & targeting, content management

Content and advertisement targeting technology developer Grapeshot has raised $8.5 million in Series C funding from IQ Capital, Draper Esprit, and Albion Ventures. The company will use the funding for building out its keyword technology.

commerce management

Salesfloor, developer of a SaaS-based shopping platform for local retailers, has raised $3 million in a round of funding from BDC Capital IT Venture Fund. The company will use the funding for expanding sales and engineering headcount.

market research

Market research and analysis company Freedonia Group will be acquired by MarketResearch.com. The acquisition will be complimentary to MarketResearch.com’s life science and construction analysis offerings. Terms of the deal were not disclosed.

marketing data

Siftery, developer of a platform for sharing information on productivity products, has raised $4 million in a round of funding from 8 Partners, Accelerator Ventures, AME Cloud Ventures, Draper Nexus, Felicis Ventures, and Founders Fund. The company will use the funding for expanding operations

mobile technology, erp software

StayNTouch, a developer of mobile technology and property management systems for hotels, has raised $9.5 million in a round of funding led by Concur and Shiji with participation from Triangle Peak Partners. The company will use the funding for product development.

Agency & Marketing Services

ad specialty/premiums

Customer apparel and promotional products company Something Unique will be acquired by promotional products distributor Envision Tees. The acquisition provides Envision Tees with an expanded geographic footprint. Terms of the deal were not disclosed.

Traditional Media

traditional media

Out-of-home media company OUTFRONT Media will acquire display advertising company Reynolds Outdoor Media. The acquisition provides OUTFRONT with an expanded portfolio for its location-based mobile audience targeting platform. Terms of the deal were not disclosed.

Software

erp

Germany-based commercial property management software developer iMS will be acquired by real estate software development company Yardi. The acquisition provides Yardi with expanded offerings for the senior and student housing markets. Terms of the deal were not disclosed.

geo-demo

Real-time location intelligence platform Geofeedia has raised $17 million in a round of funding led by Silversmith Capital Partners. The company will use the funding for building out the capabilities of its map-based platform.

hr

SaaS-based employee engagement solutions company YourCause will acquire not-for-profit donor management solutions company Orange Leap. The acquisition is complimentary to YourCause’s non-profit offerings. Terms of the deal were not disclosed.

security

Managed cybersecurity services provider eSentire has raised $19.5 million in a round of funding led by Edison Partners and Georgian Partners with participation from Cisco Investments and Northlead Ventures Catalyst Fund. The company will use the funding for expanding its presence geographically.

security

Cybersecurity analytics company Jask has raised $2.3 million in a round of funding led by Battery Ventures with participation from Vertical Venture Partners. The company will use the funding for product development efforts while building out its customer base.

security

Security analytics platform Skybox has raised $96 million in equity funding from Providence Equity Partners. The company will use the new round of funding for building out platform capabilities and scaling operations.

Business Services

bpo

Healthcare supply chain company NDC will be acquired by Court Square Capital Partners from Silver Oak Service Partners. The acquisition provides NDC with the resources for expanding operations. Terms of the deal were not disclosed.

it consulting/systems integration

IT systems developer Synoptek has acquired the IT services business of network services provider EarthLink. The acquisition is complimentary to Synoptek’s enterprise managed services 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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