Daily Deal Activity 03/30/16

Marketing Technology

analytics & targeting

EagleEye Analytics, a provider of analytics products for property/casualty insurers, will be acquired by Guidewire Software (NYSE:GWRE) for $42 million. The acquisition provides Guidewire with expanded insurance lifecycle analytics capabilities.

email/messaging solutions

PowerInbox, a developer of in-email personalization solutions, has raised $6.5 million in Series A funding led by Battery Ventures with participation from Genesis Partners and Maverick Ventures. The company will use the funding for sales and marketing initiatives.

mrm/workflow management

Collaboration software tools developer Asana has raised $50 million in Series C funding led by Y Combinator with participation from 8VC, Founders Fund, VTF Capital, and private investors. The company will use the funding for expanding headcount.

social technology

Social media trend analytics company Encore Alert will be acquired by social media intelligence company Meltwater. The acquisition provides Meltwater with expanded engagement and referral capabilities. Terms of the deal were not disclosed.

social technology, sfa/lead management

Social media management platform Hootsuite will acquire Sales Prodigy, developer of a mobile app for social selling. The acquisition provides Hootsuite with expanded social sales and prospecting capabilities. Terms of the deal were not disclosed.

teleservices/eservices, analytics & targeting

Live inbound call analytics platform Invoca has raised $30 million in Series D funding led by Morgan Stanley Alternative Investment Partners with participation from Accel Partners, Upfront Ventures, Salesforce Ventures, and Stepstone. The company will use the funding for exploring a potential IPO.

Digital Media/Commerce

ecommerce

France-based food delivery service Frichti has raised $13.4 million in a round of funding from Idinvest and Allen Capital. The company will use the new round of funding for expanding its presence internationally.

social media/apps

Contact personalization mobile app developer Humin will be acquired by mobile dating app Tinder. The acquisition provides Tinder with expanded scale as the company looks to develop into new areas of operation outside of mobile dating. Terms of the deal were not disclosed.

Digital Advertising

online lead generation

Cargigi, a provider of online advertising services for car dealerships, will be acquired by eBay. The acquisition will see Cargigi replace eBay’s Car Dealer Center while bolstering auto dealer inventory on eBay Motors. Terms of the deal were not disclosed.

Software

big data

Open source SQL database developer Cockroach Labs has raised $20 million in a round of funding from Index Ventures. The company will use the new round of funding for hiring talent and expanding operations.

big data

Big data analysis and visualization platform MapD has raised $10 million in a round of funding from Verizon Ventures, Google Ventures, Vanedge Capital, and Nvidia. The company will use the round of funding for product development initiatives.

cloud computing

Open source programs developer data Artisans has raised $6 million in Series A funding led by Intel Capital with participation from Tengelmann Ventures and b-to-v Partners. The company will use the funding for building out analytics programs on its stream data processing framework.

healthcare

Healthcare workflow software solutions developer Medstreaming will acquire registry and healthcare quality improvement software developer M2S. The acquisition provides Medstreaming with expanded clinical workflow offerings. Terms of the deal were not disclosed.

hr, software development tools

Customer experience and testing platform Cyara has raised $25 million in a round of funding from PeakSpan Capital and Greenspring Associates. The company will use the new round of funding for expanding its sales and engineering divisions.

hr

Workforce management platform Planday has raised $14 million in Series B funding led by Idinvest Partners with participation from SEB Private Equity and Creandum. The company will use the new round of funding for product development efforts.

security

Mobile and internet-of-things security startup Trustlook has raised $13.6 million in a round of funding from undisclosed investors. The company will use the new round of funding for expanding operations and hiring talent.

Information

financial information

Exchange-traded funds data provider EFT.com will be acquired by BATS Global Markets. The acquisition will be complimentary to BATS’s market data and analytics offerings. Terms of the deal were not disclosed.

healthcare information

Big data medical imaging platform Wanliyun Medical Information Technology has raised $35 million in a round of funding from Alibaba. The funding will be used for integrating with Alibaba’s Health Information Technology unit.

Business Services

it consulting/systems integration

Stackstorm, a developer of operations automation solutions, will be acquired by Brocade Communications Systems (Nasdaq:BRCD). The acquisition will provide Brocade with expanded networking and integration capabilities. Terms of the deal were not disclosed.

staffing

Executive recruiting firm Industrial Search Partners will acquire competitor Ference Partners. The acquisition provides Industrial Search Partners with an expanded presence in the industrial sector. 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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