Daily Deal Activity 05/09/16

Digital Media/Commerce

niche content

Children’s digital media company Speakaboos has raised $12.5 million in Series B funding led by Wellington Management Company with participation from Advancit Capital and Kyowon Group. The company will use the funding for marketing and customer acquisition initiatives.

social media/apps

Taiwan-based live social webcasting platform 17 Media has raised $23 million in a round of funding from LESports Innovation. The company will use the funding for expanding domestically while building out its user-generated content offerings.

social media/apps

China-based social music video creation app Musical.ly has raised $100 million at a reported post-money valuation of $500 million in a round of funding led by GGV Capital and Qiming Venture Partners with participation from Greylock Partners and DCM. The company will use the new round of funding for building out app functionality.

Digital Advertising

digital video

France-based video supply-side platform StickyADS.tv has been acquired by Comcast. The acquisition will see StickyADS.tv integrated into Comcast’s video ad management and monetization platform FreeWheel. Terms of the deal were not disclosed.

digital video

India-based pre-paid streaming services enabler Tappp has raised $4.2 million in a round of funding led by Accomplice with participation from Transmedia Capital. The company will use the funding for expanding its presence internationally.

Marketing Technology

analytics & targeting

eCommerce marketing and personalization company TargetingMantra has been acquired by India-based eCommerce company Snapdeal.com. The acquisition provides Snapdeal with strengthened customer experience and personalized shopping solutions. Terms of the deal were not disclosed.

analytics & targeting

SaaS-based conversion rate optimization company Zarget has raised $1.5 million in a round of funding from Accel Partners and Matrix Partners. The company will use the new round of funding for expanding operations.

bi tools

Enterprise-level planning and team performance software developer AchieveIt Online has raised $2.5 million in a round of funding from BIP Capital. The company will use the new round of funding for expanding its product development team.

commerce management

Cross-border eCommerce solutions company Global-e has raised $20 million in a round of funding from Red Dot Capital Partners. The company will use then new round of funding for expanding its presence within Europe.

crm

Local-business customer engagement platform Smartwards has been acquired by cloud telephony company Knowlarity. The acquisition will see Smartwards integrated into Knowlarity’s small business solutions offering. Terms of the deal were not disclosed.

mrm/workflow management

Israel-based data entry automation and CRM solutions startup Implisit Insights has been acquired by Salesforce. The acquisition will see Implisit integrated into the Salesforce platform. Terms of the deal were not disclosed.

Traditional Media

consumer magazine publishing

Gardening publications distributor Maximum Yield Publications has been acquired by Chrysalis Capital Advisors. The acquisition provides Maximum Yield with the resources for expanding user base. Terms of the deal were not disclosed.

Software

collaboration

Collaboration and relationship management software developer Relayware has raised $11 million in a round of funding led by Amadeus Capital with participation from Albion Ventures. The company will use the funding for expanding customer base while focusing on marketing, sales, and operations efforts.

credit/risk

Credentials authentication and fraud prevention solutions company Jumio has been acquired by Cenana Growth Partners. The acquisition provides Jumio with the resources for expanding its customer base. Terms of the deal were not disclosed.

erp

Logistics management platform Locus has raised $2.8 million in Series A funding led by Exfinity Venture Partners with participation from Blume Ventures. The company will use the funding for building out its platform and expanding headcount.

financial

Restaurant management and technology company Upserve has acquired Groupon’s point-of-sale business Breadcrumbs. The acquisition will be complimentary to Upserve’s restaurant management platform offering. Terms of the deal were not disclosed.

financial

Germany-based IT consulting and software development company adesso has acquired online financial applications and web solutions company Smarthouse Media for $27.6 million. The acquisition is complimentary to adesso’s banking portfolio and customer base. Further terms of the deal were not disclosed.

security

Cybersecurity company Prime Solutions has been acquired by Altamira Technologies, a provider of security solutions for US Intelligence and Defense Communities. The acquisition provides Altamira with an expanded research and development division. Terms of the deal were not disclosed.

security

Malware solutions provider Spikes Security has been acquired by enterprise security services company Aurionpro Solutions. The acquisition provides Aurionpro with strengthened Access Management and Web Malware isolation offerings. Terms of the deal were not disclosed.

virtualization

CoreOS, a developer of solutions for securing and deploying software containers, has raised $28 million in Series B funding led by Google Ventures with participation from Intel Capital, Accel Partners, Fuel Capital, and Kleiner Perkins Caufield & Byers. The company will use the funding for hiring talent.

Information

financial information

Personal finance research and reviews source NextAdvisor has been acquired by Bankrate (NYSE:RATE) in a transaction valued at a reported $225 million. The purchase includes an upfront consideration of $76.3 million and will see NextAdvisor complement Bankrate’s CreditCards.com holding. The maximum earn out payment will result in an EBITDA multiple of no more than 7.25x.

Business Services

printing services

Fabric design and marketing display components company Moss has been acquired by Wasserstein & Co. The acquisition provides Moss with the resources for expanding its presence internationally. Terms of the deal were not disclosed.

training

SaaS-based digital test and grading platform DigiExam has raised $3.5 million in Series A funding from private investors. The company will use the new round of funding for focusing on marketing and sales efforts.

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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