Daily Deal Activity 04/26/16

Digital Media/Commerce

ecommerce

On-demand exterior maintenance services provider TaskEasy has raised $12 million in Series B funding led by Delta Electronics Capital with participation from Moderne Ventures, Grotech Ventures, and Access Venture Partners. The company will use the funding for expanding its marketing and sales divisions.

ecommerce, financial information

On-demand insurance platform Trov has raised $25.5 million in a round of funding led by Oak HC/FT with participation from Suncorp Group, Guidewire, and Anthemis Group. The company will use the funding for expanding internationally.

ecommerce

On-demand flower delivery service UrbanStems has raised $6.8 million in Series A funding led by SWaN & Legend Venture Partners with participation from Middleland Capital, NextGen Venture Partners, and Interplay Ventures. The company will use the funding for expanding its geographic presence.

niche content

Turkey-based auto racing website Turkiyef1.com has been acquired by motor racing content group Motorsport.com. The acquisition will provide Motorsport.com with an expanded international presence. Terms of the deal were not disclosed.

social media/apps

Social payment app developer Rooam has raised $1.2 million in a round of funding from undisclosed investors. The company will use the new round of funding for expanding its sales and marketing divisions.

Digital Advertising

vertical search

Australia-based rental portal Flatmates.com has been acquired by REA Group for $19.4 million. The acquisition provides REA Group with a strengthened presence in the real estate advertising market. Further terms of the deal were not disclosed.

Marketing Technology

analytics & targeting

Customer behavior analysis and experience platform Zaius has raised $8 million in a round of funding from undisclosed investors. The company will use the new round of funding for expanding its engineering, sales, and marketing divisions.

bi tools, financial software

Retail point-of-sale solutions developer DdD Retail will be acquired by K3 Business Technology Group for $11.5 million. The acquisition will provide K3 with expanded cross-selling opportunities. DdD has reported 2015 revenues of $7 million and EBITDA of $1.2 million.

content management

UK-based content marketing platform StoryStream has raised $2.6 million in a round of funding from MMC Ventures. The company will use the new round of funding for building out its marketing division while focusing on product development.

email/messaging software

Interactive mass notification platform developer Alert Media has raised $4 million in a round of funding led by Silverton Partners with participation from ATX Seed Ventures. The company will use the funding for expanding in the emergency communication market.

Traditional Media

broadcast television

Shamrock Capital Advisors has acquired a majority stake in television production and licensing company Silvergate Media. The acquisition provides Silvergate with the resources for expanding its presence in China. Terms of the deal were not disclosed.

Software

erp

HGGC has acquired a majority stake in FPX, a developer of SaaS-based Configure-Price-Quote applications. The acquisition provides FPX with the resources for pursuing its go-to-market strategy. Terms of the deal were not disclosed.

financial

India-based tax filing software developer ClearTax has raised $1.3 million in a round of funding from private investors. The company will use the round of funding for launching new products while expanding headcount.

financial

India-based prepaid card programs and payment solutions provider Transerv has raised $15 million in a round of funding led by IDFC with participation from Faering Capital. The company will use the funding for launching new products.

healthcare

Healthcare insurance automation platform Jet Health has raised $16.7 million in a round of funding from SV Life Sciences and Health Enterprise Partners. The company will use the funding for expanding headcount.

healthcare

Veritas Capital has acquired Verisk Health, the healthcare services business of Verisk Analytics (Nasdaq:VRSK), for $820 million. Verisk health has reported 2015 revenues of $307 million and EBITDA of $75 million.

hr

UK-based candidate hiring and assessment software developer LaunchPad Recruits has raised $2.3 million in a round of funding from Sussex Place Ventures and Edenred Capital Partners. The company will use the funding for product development efforts.

security

Security First, a developer of data protection solutions for government agencies, has raised $37.6 million in a round of funding from undisclosed investors. The company will use the round of funding for expanding into new verticals.

security

Spark Cognition, a developer of cybersecurity solutions for the industrials industry, has raised $6 million in Series B funding from CME Ventures, Verizon Ventures, and Alameda Ventures. The company will use the funding for expanding in the internet-of-things vertical.

security

Converged security and information management software developer Vidsys has raised $11 million in a round of funding led by Harmony Partners with participation from NewSpring Capital, Atlanta Equity, Flybridge Capital Partners, and JVax Investment Group. The company will use the funding for product development 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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