Daily Deal Activity 05/11/16

Digital Media/Commerce

ecommerce

India-based on-demand chauffeur provider DriversKart has acquired startup Driven. The acquisition provides DriversKart with an expanded domestic presence.  Terms of the deal were not disclosed.

mobile content/apps

Phone organization app Ozlo has raised $14 million in a round of funding from Greylock Partners and AME Cloud Ventures. The company will use the new round of funding for building out its engineering division.

mobile content/apps, financial software

Mobile banking and finance solutions company Tandem has raised $31.8 million in a round of funding led by Omidyar Network with participation from e.ventures and Route 66 Ventures. The company will use the funding for launching out of beta.

niche content, social media/apps

Show-Score, operator of a community for users to rate and discuss theater productions, has raised $1.5 million in a round of funding from private investors. The company will use the new round of funding for expanding its presence geographically.

social media/apps

Brainly, operator of a mobile student peer review network, has raised $15 million in Series B funding from Naspers Ventures. The company will use the new round of funding for expanding its presence internationally.

Marketing Technology

ad serving

Content discovery engine Outbrain has raised $45 million in a round of funding from undisclosed investors. The company will use the new round of funding for building out existing functionality while focusing on research and development efforts.

commerce management

Celery, a developer of pre-ordering solutions for eCommerce companies, has been acquired by Indiegogo. The acquisition allows Indiegogo to expand its focus outside of pure crowdfunding. Terms of the deal were not disclosed.

market research

Customer feedback survey’s startup Wyzerr has raised $1.5 million in a round of funding from Connetic Ventures. The company will use the new round of funding for expanding headcount and building out new product offerings.

Software

big data

Waveworks, developer of a software container monitoring platform, has raised $15 million in Series B funding led by Google Ventures with participation from Accel Partners. The company will use the funding for expanding operations.

credit/risk

Online audit confirmation company Confirmation.com has acquired India-based electronic audit confirmation company VeriFirm.in. The acquisition will provide Confirmation.com with an expanded international presence. Terms of the deal were not disclosed.

financial, mobile technology

Germany-based point-of-sale system orderbird has raised $20 million in Series C funding led by Digital + Partners and Metro Group with participation from Concardis. The company will use the funding for product development and expanding internationally.

financial

Online wealth management solutions provider WealthBar has raised $5.5 million in a round of funding from Nicola Wealth Management. The company will use the new round of funding for building out platform offerings.

healthcare

Healthcare research design and management startup ProofPilot has raised $1.9 million in a round of funding from CueBall Capital and Brooklyn Bridge Ventures. The company will use the new round of funding for expanding headcount.

hr

ConnXus, a developer of software for connecting companies looking to diversify their supplier base, has raised $5 million in Series A funding from Techstars Ventures and Impact America Fund. The company will use the funding for expanding operations.

security

Device threat detection solutions provider Pwnie Express has raised $12.9 million in Series B funding led by Ascent Venture Partners with participation from MassMutual Ventures, .406 Ventures, and Fairhaven Capital. The company will use the funding for expanding its sales, marketing, and engineering divisions.

software development tools

Software development testing solutions provider Zephyr has raised $31 million in a round of funding from Frontier Investment. The company will use the new round of funding for scaling marketing and sales capabilities.

Information

financial information

Investment risk research company Majestic Research has been acquired by Leucadia National Corporation (NYSE:LUK). The acquisition provides Leucadia with expanded research analytics offerings. Terms of the deal were not disclosed.

Business Services

financial consulting

Financial services consulting firm Hatstand has been acquired by competitor Synechron. The acquisition provides Synechron with expanded data management and risk and regulation offerings. Terms of the deal were not disclosed.

logistics

India-based logistics company Carthero Technologies has been acquired by on-demand food ordering app developer TinyOwl Technology. The transaction will see the company rebrand as Runnr. Terms of the deal were not disclosed.

logistics

Online logistics booking platform GoGoods Logistics has been acquired by truck aggregation platform Moovoo. The acquisition provides Moovo with an expanded geographic presence. Terms of the deal were not disclosed.

training

India-based student tutoring platform Tabtor Math has raised $3.7 million in Series A funding led by Syven Capital with participation from Aarin Capital Partners. The company will use the funding for scaling its platform.

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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