Daily Deal Activity 04/22/16

Digital Media/Commerce

ecommerce

Yoox Net-a-Porter Group has raised $113 million in equity funding from Middle East-based retail businesses operator Alabbar Enterprises. The company will use the funding for expanding presence in the Middle East.

mobile content/apps

China-based land leasing app developer Tuliu has raised $23 million in Series B funding from Shanda Capital and Matrix Partners. The company will use the new round of funding for expanding its domestic user base.

niche content

Online comedy network Cheezburger has been acquired by Israel-based media firm Literally Media. The acquisition will see Cheezburger combined with comedy site competitor eBaum’s World. Terms of the deal were not disclosed.

niche content

Fan-based entertainment news and reviews publisher HitFix has been acquired by youth-focused websites operator Woven Digital. The acquisition provides Woven with an expanded pop-culture properties portfolio. Terms of the deal were not disclosed.

niche content, content management

Social publishing and blogging platform Medium has raised $50 million in Series C funding led by Spark Capital with participation from Andreessen Horowitz, Google Ventures, and private investors. The company will use the funding for platform development while hiring talent.

Digital Advertising

online lead generation

Lead generation and digital marketing services provider Seed Internet Marketing has been acquired by UK-based Engaged CRM. The acquisition provides Engaged CRM with bolstered email marketing capabilities. Terms of the deal were not disclosed.

Marketing Technology

analytics & targeting

Shopping data analytics company Amicus Technologies has been acquired by IT consulting and cloud infrastructure integrator IndiQus Technologies. The acquisition provides IndiQus with strengthened data collection capabilities. Terms of the deal were not disclosed.

commerce management

Mobile commerce solutions provider Deem has raised $34 million in a round of funding led by PointGuard Ventures with participation from Hony Capital. The company will use the funding for focusing on the travel, expense, and car service verticals.

crm

Customer relationship management and operations management services company platform Lanetix has raised $9.2 million in a round of funding from undisclosed investors. The company will use the funding for expanding headcount.

mobile technology

Singapore-based mobile point-of-sales company SoftPay Mobile will acquire Vietnam-based competitor MPOS Technology JSC. The acquisition will provide SoftPay with an expanded international presence. Terms of the deal were not disclosed.

Agency & Marketing Services

digital agency

Marketing communications agency Iris Worldwide will acquire a majority stake in creative agency Founded. The acquisition provides Iris with an expanded presence in the US. Terms of the deal were not disclosed.

public relations

WPP-owned public relations group Burson-Marsteller has acquired a majority stake in Turkey-based public relations agency Effect PR. The acquisition provides Burson-Marsteller an expanded international presence. Terms of the deal were not disclosed.

Traditional Media

b-to-b media, niche content

IT industry news provider Blue Whale Web has acquired IT news outlet IT Unity and IT conferences operator NC Communications. The acquisitions provide Blue Whale Web with expanded audience reach. Terms of the deals were not disclosed.

Software

application management

Sirqul, a provider of internet-of-things application deployment solutions, has raised $9 million in Series A funding from Miteno. The company will use the new round of funding for product development initiatives.

cloud computing

Infrastructure as a service provider Exoscale has acquired Germany-based public cloud solutions developer cloudControl. The acquisition will provide Exoscale with an expanded public platform services offering. Terms of the deal were not disclosed.

healthcare

Patient data software tools developer HealthVerity has raised $7.2 million in a round of funding from undisclosed investors. The company will use the new round of funding for expanding its engineering and sales divisions.

hr, healthcare

BioBeats, developer of a health insights platform for employers, has raised $2.3 million in a round of funding led by White Cloud Capital with participation from AXA Strategic Ventures and IQ Capital. The company will use the funding for building out HR system integration functionality.

Information

hr information

Salary information management solutions company MarketPay has been acquired by online compensation data provider PayScale. The acquisition provides PayScale with expanded compensation analytics capabilities. Terms of the deal were not disclosed.

Business Services

it consulting/systems integration

Social care and customer interface implementation solutions provider Quickheart has been acquired by public sector digital implementation company Agilisys. The acquisition will be complimentary to Agilisys’ digital transformation capabilities. 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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