Daily Deal Activity 02/24/16

Digital Media/Commerce

classifieds/auctions/p-to-p

India-based peer-to-peer property listings startup NoBroker has raised $10 million in Series B funding led by BeeNext and Digital Garage with participation from Qualgro, Asuka Holdings, and SAIF Partners. The company will use the funding for product development efforts.

ecommerce

Real estate investment marketplace RealtyShares has raised $20 million in a round of funding led by Union Square Ventures with participation from Menlo Ventures and General Catalyst Partners. The company will use the funding for expanding its project network.

mobile content/apps

Real-time parking information app Parkifi has raised $9.5 million in Series A funding from Crosslink Capital and Grotech Ventures. The company will use the funding for expanding headcount and while building its presence domestically.

mobile content/apps, ecommerce

On-demand theater tickets app developer TodayTix has raised $9 million in Series B funding led by Walden Venture Capital and TYLT Ventures with participation from Rubicon Venture Capital, SF Capital Group, and Union Square Hospitality Group. The company will use the funding for expanding geographically.

mobile content/apps

Ground transportation technology provider Deem will acquire SaaS-based car service app developer Whisk. The application will provide Deem with an expanded mobile offering. Terms of the deal were not disclosed.

Digital Advertising

digital video

Online video content distribution services provider DramaFever will be acquired by Warner Bros. from SoftBank. The acquisition is complimentary to Warner Bros.’s over-the-top technologies and services, including HBO Now. Terms of the deal were not disclosed.

Marketing Technology

analytics & targeting

Marketing analytics platform Quantifind has raised $30 million in a round of funding led by Cathay Innovation with participation from Redpoint Ventures, U.S. Venture Partners, Comcast Ventures, Iris Capital, and AME Cloud Ventures. The company will use the funding for expanding headcount.

analytics & targeting

Automotive dealership software developer Reynolds and Reynolds will acquire automotive retailer analytics platform ReverseRisk. The acquisition provides Reynolds and Reynolds with expanded reporting capabilities. Terms of the deal were not disclosed.

commerce management

User Replay, developer of a customer management solution for eCommerce companies, has raised $4.7 million in a round of funding from Longwall Ventures, Episode 1 Ventures, and EC1 Capital. The company will use the funding for expanding in the US.

content mangement

SALESmanago, developer of a customer engagement platform for eCommerce companies, has raised $6 million in a round of funding from 3TS Capital Partners. The company will use the funding for expanding its presence internationally.

social technology

Social engagement platform inSided has raised $6.6 million in Series A funding led by Ventech with participation from Fortino Capital and henQ. The company will use the funding for product development efforts.

Agency & Marketing Services

digital agency

Commerce solutions agency BrandShop will acquire digital and creative agency IDEAlley. The acquisition will bolster BrandShop’s branded digital content and shopping experience capabilities. Terms of the deal were not disclosed.

Software

data mangement

Database solutions company DBmaestro has raised $3 million in Series A funding from StageOne Ventures, lool Ventures, and iAngels. The company will use the new round of funding for expanding sales and marketing initiatives.

erp

Predictive logistics platform ClearMetal has raised $4 million in a round of funding from New Enterprise Associates, Skyview, and Innovation Endeavors. The company will use the new round of funding for expanding operations.

erp

Housing and real estate software developer RealPage (Nasdaq:RP) will acquire cloud-based resident billing and back office accounting solutions developer NWP Services Corporation for $68 million. The acquisition is complimentary to RealPage’s rental platform. NWP has reported 2015 revenues of $58 million and EBITDA of $6 million.

geo-demo

Ticketing and GPS solutions company Lock Media Services with be acquired by ground transportation technology developer Transcor Data Services. The acquisition provides Transcor with an expanded presence in the US. Terms of the deal were not disclosed.

healthcare

Electronic health records company MBS/Net will be acquired healthcare IT solutions and services company Medsphere Systems Corporation. The acquisition provides Medsphere with expanded standalone physician practice offerings. Terms of the deal were not disclosed.

hr

Germany-based human resources software application developer Loopline has raised an undisclosed amount of funding from High-Tech Grunderfonds, Monkfish Equity, and Project A Ventures. The company will use the funding for product development initiatives.

hr

Workplace-based wellness software developer Virgin Pulse will acquire competitors ShapeUp and GCC. The acquisitions will see ShapeUp and GCC integrated into Virgin Pulse’s Corporate Wellness platform. Terms of the deals were not disclosed.

security

Endpoint backup services company Datacastle will acquire the endpoint data protection assets of Seagate Technology. The acquisition provides Datacastle with an expanded client base. Terms of the deal were not disclosed

Business Services

credit/risk consulting

BlackBerry will acquire UK-based government agency cybersecurity consultancy Encription. The acquisition will coincide with BlackBerry’s strategy of building out its business services offerings. Terms of the deal were not disclosed.

logistics

Same day delivery startup Deliv has raised $28 million in a round of funding led by UPS with participation from Upfront Ventures, RPM Ventures, and General Growth Properties. The company will use the funding for expanding its delivery network.

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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