Daily Deal Activity 03/24/16

Digital Media/Commerce

classifieds/auctions/p-to-p

Peer-to-peer currency exchange marketplace CurrencyFair has raised $8.9 million in a round of funding led by Octopus Ventures with participation from Proxy Ventures. The company will use the funding for expanding headcount.

classifieds/auctions/p-to-p

Germany-based peer-to-peer insurance company Friendsurance has raised $15 million in a round of funding from Horizons Ventures. The company will use the new round of funding for expanding its presence internationally.

ecommerce

Trip recommendation and personalization company Bucket will be acquired by traveler community and local experience company Galavantier. The acquisition provides Galavantier with expanded travel customization capabilities for its platform. Terms of the deal were not disclosed.

ecommerce, niche content            

Malaysia-based Nuren Group, an operator of community and eCommerce sites for women, has raised $2 million in Series A funding from Gobi Partners. The company will use the new round of funding for expanding headcount.

mobile content/apps

Poland-based taxi ordering mobile app iTaxi has raised $2.1 million in a round of funding from Experior Venture Fund and Dirlango. The company will use the new round of funding for building outs its b-to-b offering.

niche content

Do-it-yourself platform Guidecentral will be acquired by how-to website wikiHow. The acquisition provides wikiHow with increased content as the company looks to expand its education reach. Terms of the deal were not disclosed.

Digital Advertising

digital promotion/coupon

Mobile product discovery app Shopular will be acquired by online cash back shopping company Ebates. The acquisition strengthens Ebates’ presence in the mobile shopping category. Terms of the deal were not disclosed.

Marketing Technology

analytics & targeting

UK-based data science and analytics company Black Swan has raised $4.2 million in Series B funding from Mitsui. The company will use the new round of funding for hiring talent while expanding internationally.

analytics & targeting

Civalue, developer of a customer analytics solution for grocery and beauty retailers, has raised $2.4 million in a round of funding from Nielsen Innovate and Deutsche Telekom. The company will use the funding for product development efforts.

bi tools

Edj Analytics, developer of a platform for analyzing company data as if it is a game, has raised $2.4 million in Series A funding from Chrysalis Ventures. The company will use the funding for expanding operations.

bi tools

Sales and market intelligence platform developer HG Data has raised $12 million in Series B funding led by Updata Partners with participation from Rincon Venture Partners and Epic Ventures. The company will use the funding for product development.

Agency & Marketing Services

specialty agency

SoftBank has invested $250 million in WME|IMG in exchange for an eight percent equity stake. The transaction values WME|IMG at a reported $5.5 billion and dilutes all of the company’s current owners equally. The investment will see the company pursue new investments and potential acquisitions.

Software

big data

Enterprise big data platform DimensionalMechanics has raised $4.7 million in Series A funding from private investors. The company will use the new round of funding for product development initiatives while focusing on building out its engineering team.

big data

Data center software startup Mesosphere has raised $73.5 million in a round of funding led by Hewlett Packard Enterprises with participation from Microsoft, A Capital, Triangle Peak Partners, Andreessen Horowitz, Khosla Ventures, and Fuel Capital. The company will use the funding for expanding its relationship with HP and Microsoft.

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UK-based Charlie, developer of a human resources platform for small businesses, has raised $1.4 million in a round of funding from Connect Ventures. The company will use the new round of funding for expanding operations.

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China-based online recruitment services company Lagou has raised $34 million in a round of funding from Qiming Venture Partners. The company will use the new round of funding for expanding product offerings.

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HGCapital will acquire a majority stake in The Netherlands-based human resources cloud software developer Raet. The acquisition will provide Raet with the resources for expanding internationally. Terms of the deal were not disclosed.

infrastructure

Network performance management software developer InfoVista will be acquired by Apax Partners from Thoma Bravo. The acquisition will provide Infovista with the resources for expanding operations. Terms of the deal were not disclosed.

Information

credit/risk information

Loan and real-time credit scoring company Kreditech has raised $11 million from International Finance Corporation. The investment brings Kreditech’s Series C funding total to $103 million. The company will use the funding for building out new product offerings.

Business Services

training

College education courses provider Degreed will acquire learning-related content curator Gibbon. The acquisition will provide Degreed with expanded content capabilities for its platform. 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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