Daily Deal Activity 03/07/16

Digital Media/Commerce

classifieds/auctions/p-to-p

Hong Kong-based Swapit, operator of a hyperlocal marketplace for trading items, has raised an undisclosed amount of funding from Aria Ventures. The company will use the funding for building out its platform’s technology.

ecommerce

India-based B-to-B eCommerce platform Ninjacart has raised $3 million in a round of funding from Accel Partners, M&S Partners, and Qualcomm Ventures. The company will use the new round of funding for research and development initiatives.

ecommerce

UK-based residential property crowdfunding platform Property Partner has raised $22.4 million in Series B funding led by Octopus Ventures with participation from Index Ventures and Dawn Capital. The company will use the funding for expanding its customer base.

social media/apps

Singapore-based social entertainment and blogging platform Migme has raised $5.1 million in a round of funding from Meitu. The company will use the new round of funding for product development and marketing initiatives.

Digital Advertising

digital video

Mobile video technology platform Burst has raised an undisclosed amount of funding from Sinclair Digital Ventures and Horizon Media. The company will use the new round of funding for expanding operations.

digital video

Interactive television technology distributor OneTwoSee will be acquired by Comcast. The acquisition will provide Comcast with expanded mobile app capabilities for its Sports Network. Terms of the deal were not disclosed.

vertical search

HomeFinder, developer of a real estate search platform and mobile app, will be acquired by real estate marketing platform Placester. The acquisition provides Placester with an expanded partnership network. Terms of the deal were not disclosed.

vertical search

Temporary staffing marketplace Staff Finder has raised $22 million in a round of funding from One Peak Partners and Goldman Sachs Private Capital. The company will use the new round of funding for expanding internationally.

Marketing Technology

commerce management

UK-based digital agency Greenlight Digital will acquire the online retail solutions assets of Powa Technologies. The acquisition will see the PowaWeb business compliment Greenlight’s eCommerce solutions offering. Terms of the deal were not disclosed.

crm

Theo, developer of a mobile customer management platform for real estate agents, has raised $2.8 million in a round of funding from private investors. The company will use the funding for building out new product capabilities.

market research, hr software

Employee engagement and survey platform Culture Amp has raised $10 million in a round of funding led by Index Ventures with participation from Felicis Ventures and Blackbird Ventures. The company will use the funding for expanding internationally.

mrm/workflow management

Staffjoy, developer of a workforce tool for building schedules, has raised an undisclosed amount of funding from Caffeinated Capital and Haystack Fund. The company will use the funding for product development.

Agency & Marketing Services

performance/contract sales

Sykes Enterprises (Nasdaq:SYKE) will acquire Clearlink Technologies, a provider of marketing and technology-enabled customer acquisition services to the home services and insurance sectors, from Pamlico Capital for approximately $207 million. Clearlink has reported 2015 revenues of $123 million, representing a 1.7x revenue multiple. The acquisition will provide Sykes with expanded customer engagement solutions. (A Petsky Prunier-led transaction)

social agency

Social media marketing agency Social Chain has raised $2 million in Series A funding from Germany-based talent management company NVC. The company will use the new round of funding for expanding operations.

Software

big data

Big data discovery platform developer Zaloni has raised $7.5 million in a round of funding led by Sierra Ventures with participation from Baird Capital. The company will use the funding for expanding marketing and sales efforts.

erp

Terra Technologies, a developer of supply chain solutions for consumer product companies, will be acquired by supply chain operating network E2open. The acquisition provides E2open with strengthened demand signal and logistics data capabilities. Terms of the deal were not disclosed.

financial

India-based hyperlocal mobile marketplace Zopper will acquire the point-of-sale software developer EasyPOS for $5 million. The acquisition provides Zopper with an expanded customer base. Further terms of the deal were not disclosed.

hr, mobile content/apps

WorkHere, developer of app for employers building out talent pipelines, has raised $1.7 million in a round of funding from VisionTech Angels. The company will use the new funding for expanding the capabilities of its app.

Information

financial information

AlphaSense, developer of an information search platform for financial professionals, has raised $33 million in a round of funding from Tribeca Venture Partners, Triangle Peak Partners, and Quantum Strategic Partners. The company will use the funding for product development while expanding into new verticals.

Business Services

training, mobile content/apps

K-12 online education platform LightSail has raised $11 million in Series B funding from private investors. The company will use the new round of funding for expanding adoption of its product while focusing on marketing and sales initiatives.

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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