Daily Deal Activity 04/25/16

Digital Media/Commerce

mobile content/apps

UK-based mobile presentation tool and productivity app developer Curator has been acquired by Pinterest. The acquisition provides Pinterest with an expanded product design division. Terms of the deal were not disclosed.

mobile content/apps

Mobile live streaming app developer Kamcord has raised $10 million in Series C funding led by Time Warner with participation from Tencent, Translink Capital, and XG Ventures. The company will use the funding for hiring talent.

Social media/apps

Photo printing and sharing services provider Kicksend will be acquired by Pocket Games. The acquisition provides Pocket Game with an expanded digital media portfolio and user base. Terms of the deal were not disclosed.

Digital Advertising

mobile marketing

Online-to-offline mobile marketing platform developer Cherrypicks has been acquired by online games developer NetDragon Websoft for $6 million. The transaction will also see NetDragon invest a further $12 million in Cherrypicks as the company looks to expand operations.

mobile marketing

Unlockd, developer of an ad platform for telecommunications companies, has raised $12 million in Series A funding from PLC Ventures and private investors. The company will use the funding for expanding its presence internationally.

Marketing Technology

analytics & Targeting

Internet-of-things analytics company Helium has raised $20 million in Series B funding led by Google Ventures with participation from Khosla Ventures and FirstMark Capital. The company will use the funding for building out its platform.

social technology

ThinkCX, a developer of social intelligence solutions for call centers, has raised $1 million in a round of funding from private investors. The company will use the new round of funding for expanding its sales and marketing divisions.

 

Traditional Media

b-to-b media

UBM has acquired fashion trade shows operator Business Journals for $69 million in cash. The acquisition is complimentary to UBM’s presence in North American and the fashion sector. Business Journals has reported 2015 revenues of $40 million.

broadcast television

Digital news service and cable channel operator Fusions Media Network has been acquired by Univision Communications from Disney. The acquisition expands Univision’s reach within younger audiences. Terms of the deal were not disclosed.

entertainment media

Events promoter Bowery Presents has been acquired by AEG. The acquisition provides AEG with an expanded venue portfolio as it looks to compete with main rival Live Nation. Terms of the deal were not disclosed.

entertainment media

Latin music production and distribution company Musart Music Group has been acquired by music publishing company Concord Music Group. The acquisition provides Concord with an expanded international presence. Terms of the deal were not disclosed.

Software

data management

AkitaBox, a developer of building data and information software, has raised $1.1 million in a round of funding from Rock Oak Capital Partners. The company will use the new round of funding for expanding within the building management industry.

engineering

Eigen Innovations, a developer of software solutions for manufacturers, has raised $1.4 million in a round of funding from BDC Capital and NBIF. The company will use the new round of funding for expanding its engineering division.

geo-demo

UK-based Rezatec, a developer of satellite-driven data analytics solutions for the utilities and energy sectors, has raised $1.4 million in a round of funding from Run Capital. The company will use the funding for expanding its marketing and sales divisions.

infrastructure

Germany-based remote asset management and infrastructure management software developer azeti has raised $4 million in a round of funding from WPE Ventures Digitized Solutions. The company will use the funding for platform development initiatives.

security

Authentication technology developer DeviceAuthority has been acquired by data security company Cryptosoft. The acquisition provides Cryptosoft with an expanded offering for the internet-of-things market. Terms of the deal were not disclosed.

Information

healthcare information, healthcare software

Patient data applications developer Augmedix has raised $17 million in a round of funding led by Redmile Group with participation from Emergence capital, DCM Ventures, Sutter Health, Dignity Health, and Catholic Health Initiatives. The company will use the funding for building out its enterprise-level offerings.

Business Services

bpo

Outsourced call center services provider Midco Connections has been acquired by Lawrence & Schiller TeleServices. The acquisition provides L&S with expanded operations and client base. Terms of the deal were not disclosed.

training, mobile content/apps

India-based supplemental learning app developer Byju has raised $75 million in a round of funding from Sequoia Capital and Sofina. The company will use the new round of funding for product development while expanding headcount.

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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