Daily Deal Activity 06/06/16

Digital Media/Commerce

classifieds/auctions/p-to-p

Peer-to-peer real estate platform Homie has raised $4.5 million in a round of funding led by Valar Ventures with participation from Epic Ventures and Peak Ventures. The company will use the funding for expanding its geographic presence.

ecommerce

Malaysia-based gym and fitness memberships company KFit has acquired Groupon’s Indonesia-based operations and assets. The acquisition provides KFit with expanded presence in the deal-based eCommerce sector. Terms of the deal were not disclosed.

gaming

Singapore-based crowdsourced mobile gaming company Gtoken has raised $3 million in a round of funding from private investors. The company will use the round of funding for releasing new crowdsourced titles.

mobile content/apps, ecommerce

Recharge, developer of an app for renting hotel rooms by the hour, has raised $2.3 million in a round of funding from Binary Capital with participation from Floodgate. The company will use the new round of funding for expanding its presence geographically.

mobile content/apps

UK-based 3D capture technology and app developer Seene has been acquired by Snapchat. The acquisition will provide Snapchat with expanded app functionality and features. Terms of the deal were not disclosed.

social media/apps

Qschou, developer of a crowdfunding platform for live streaming projects, has raised $20 million in a round of funding from IDG, DT Capital Partners, and Tencent. The company will use the funding for product development.

social media/apps

Ripl, a developer of visual marketing social media app, has raised $1.9 million in a round of funding from Trilogy Equity Partners. The company will use the new round of funding for building out its engineering division.

Marketing Technology

commerce management

eCommerce software solutions developer Marketplacer has raised $11 million in a round of funding from private investors. The company will use the new round of funding for expanding its presence internationally.

Agency & Marketing Services

branded communications

Malaysia-based brand activation agency ePromode has been acquired WPP. The acquisition will see ePromode integrated into Always Marketing Services as the company looks to expand its presence in Southeast Asia. Terms of the deal were not disclosed.

Traditional Media

b-to-b media

Arrow Electronics will acquire UBM’s Electronics Media portfolio for a reported $23.5 million. UBM’s Electronic Media portfolio has reported 2015 revenues of $19 million. Further terms of the deal were not disclosed.

Software

cloud computing, collaboration

IT and operations analytics software developer Moogsoft has raised $30 million in Series C funding led by Northgate Capital with participation from SingTel Innov8, Cisco Investments, Redpoint Ventures, and Wing Venture Partners. The company will use the funding for expanding its presence in Europe.

collaboration

Workflow automation and video collaboration platform myVRM has been acquired by workplace technology solutions provider Condeco Software. The acquisition provides Condeco with expanded capabilities for its unified communications platform. Terms of the deal were not disclosed.

data management

Data marshalling solutions developer Qadium has raised $20 million in Series A funding from New Enterprise Associates. The company will use the new round of funding for product development initiatives and hiring talent.

financial

Cost management solutions provider Cloudability has raised $24 million in Series B funding from Foundry Group. The company will use the new round of funding for expanding operations and headcount.

financial

Third party due diligence software developer STEELE Compliance Solutions has been acquired by Bregal Sagemount. The acquisition provides STEELE with the resources for product development efforts. Terms of the deal were not disclosed.

healthcare

Clinical validation and digital health platform Evidation Health has raised $11.6 million in a round of funding from B Capital Group. The company will use the new round of funding for expanding its sales and marketing divisions.

healthcare

Healthcare benchmarking and analytics solutions provider Valify has raised $2 million in a round of funding from Frist Cressey Ventures and Step 5 Capital. The company will use the funding for research and development initiatives.

hr

UK-based automated pension enrollment platform Smart Pension has raised $4.8 million in a round of funding from private investors. The company will use the new round of funding for expanding operations.

Business Services

healthcare consulting

Health information management services provider Peak Health Solutions has been acquired by AMN Healthcare (NYSE:AHS). The acquisition provides AMN with expanded workforce and coding diagnosis service offerings. Terms of the deal were not disclosed.

it consulting/systems integration

IT services and software development company Avaap has raised an undisclosed amount of funding from New MainStream Capital. The company will use the new round of funding for expanding operations geographically.

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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