Daily Deal Activity 05/26/16

Digital Media/Commerce

ecommerce

Mobile on-demand grocery delivery platform Boxed Wholesale has raised an undisclosed amount of funding from DST Global and GGV Capital. The company will use then new round of funding for expanding product selection.

ecommerce

Automobile accessory parts portal Jazzmyride.com has been acquired by India-based TVS Automobile Solutions. The acquisition will provide TVS with an expanded eCommerce offering. Terms of the deal were not disclosed.

gaming

Video game publisher Zachtronics has been acquired by video games distributor and developer Alliance Media Holdings. The acquisition provides Alliance Media with an expanded multi-platform video game library. Terms of the deal were not disclosed.

mobile content/apps

Music syncing app AmpMe has raised $8 million in Series A funding led by Relay Ventures with participation from OMERS Ventures, Townsgate Media, and Real Ventures. The company will use the funding for hiring talent.

social media/apps

Soccer fan social network Live For Football has raised $7 million in a round of funding from Animatrix Capital. The company will use the new round of funding for expanding its user base while focusing on user-driven content.

social media/apps

Snapchat has raised $1.8 billion and is seeking a reported valuation of $20 billion in a round of funding from General Atlantic, Sequoia Capital, T. Rowe Price, Lone Pine Capital, Coatue Management, and Fidelity Investments. The closed round includes the $537 million raised by the company in May of 2015 at a valuation of $16 billion.

Marketing Technology

analytics & targeting

SaaS-based consumer analytics platform Engage3 has raised an undisclosed amount of Series B funding from Moneta Ventures. The company will use the new round of funding for building out its personalized promotions platform.

analytics & targeting

Predictive analytics company Lumiata has raised $10 million in a round of funding led by Intel Capital with participation from Blue Cross Blue Shield Venture Partners, Sandbox Industries, and Khosla Ventures. The company will use the funding for expanding within the healthcare industry.

content management

Germany-based content management system Contentful has raised $13 million in a round of funding led by Benchmark Capital with participation from Trinity Ventures, Balderton Capital, and Point Nine Capital. The company will use the funding for expanding its presence in the US.

email/messaging software, collaboration software

Front, a developer of solutions for collaborative email, has raised $10 million in Series A funding led by Social Capital with participation from private investors. The company will use the funding for product development.

sfa/lead management

Outbound sales qualification platform Spiderbook has been acquired by marketing lists and sales leads company Demandbase. The acquisition provides Demandbase with expanded presence in the account-based marketing space. Terms of the deal were not disclosed.

Agency & Marketing Services

digital agency

Public relations and digital marketing agency Archer Malmo has acquired creative boutique agency Combustion. The acquisition will provide Archer Malmo with an expanded geographic presence. Terms of the deal were not disclosed.

digital agency

Creative advertising agency Muhtayzik Hoffer has been acquired by UK-based creative agency VCCP. The acquisition provides VCCP with an expanded international presence. Muhtayzik Hoffer has reported 2015 revenues of $17 million. Terms of the deal were not disclosed.

Software

collaboration, software development tools

App development feedback and workflow platform Buddybuild has raised $7.6 million in a round of funding led by Kleiner Perkins Caufield & Byers with participation from Amplify Partners, Bloomberg Beta, and First Round Capital. The company will use the funding for expanding headcount.

financial

India-based online tax filing platform ClearTax has raised $2 million in a round of funding from Founders Fund and Sequoia Capital. The company will use the new round of funding for expanding its presence internationally.

financial

Statwing, a developer of automated statistical analysis software, has been acquired by feedback management and survey software company Qualtrics. The acquisition provides Qualtrics with strengthened capabilities for its data science division. Terms of the deal were not disclosed.

healthcare

Revenue cycle management solutions company DNA Healthcare has been acquired by iHealth Solutions. The acquisition will provide iHealth with an expanded customer base. Terms of the deal were not disclosed.

healthcare

Privacy Analytics, a developer of sensitive data disclosure solutions for healthcare organizations, has been acquired by IMS Health. The acquisition is complimentary to IMS’ life science research and development division. Terms of the deal were not disclosed.

security

Anonymous file sharing software platform Demonsaw has been acquired by MGT Capital Investments for a reported $45 million. The acquisition provides MFT with expanded cybersecurity capabilities. Further terms of the deal were not disclosed.

software development tools

Lightbend, a provider of software development tools for programming languages, has raised $20 million in Series C funding led by Intel Capital with participation from Blue Cloud Ventures, Bain Capital Ventures, and Shasta Ventures. The company will use the funding for expanding operations.

virtualization

Virtualized wide-area-network infrastructure software developer Viptela has raised $75 million in Series C funding led by Redline Capital with participation from Northgate Capital and Sequoia Capital. The company will use the funding for expanding its sales and marketing divisions.

Information

financial information

Discovery Data, a provider of information for the retail financial services industry, has acquired financial advisor directories company Meridian-IQ. The acquisition provides Discovery Data with expanded financial institution coverage. Terms of the deal were not disclosed.

product/price information

User car dealership price and trading information platform DRIVIN has raised $7.5 million in a round of funding from Columbus Nova Technology Partners and Lightbank. The company will use the funding for platform 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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