Daily Deal Activity 06/10/16

Digital Media/Commerce

gaming

Competitive gaming platform Gamer Sensei has raised $2.3 million in a round of funding led by Accomplice with participation from Sigma Prime Ventures. The company will use the funding for expanding its coverage to new games.

mobile content/apps

Mobile search engine app Evie has raised $11 million in Series A funding from undisclosed investors. The company will use the new round of funding for building out app functionality while expanding headcount.

mobile content/apps

Home-styling and design app Lux has raised $3.5 million in a round of funding from IDG Capital Partners and Frees Fund. The company will use the new round of funding for building out app functionality while expanding merchandising efforts.

Digital Advertising

digital video

Video distribution platform Frequency has raised $11 million in a round of funding from Liberty Global, YOU On Demand, and Oakmont Corporation. The company will use the funding for expanding its presence internationally.

local search

Australia-based real-time listed property feed Followit has raised $2 million in a round of funding from Acorn Managed Investments. The company will use the funding for expanding its presence internationally.

local search

Tutor booking marketplace Preply has raised $1.3 million in a round of funding from RTVentures and private investors. The company will use the new round of funding for expanding its presence internationally.

vertical search

Scientific research marketplace Science Exchange has acquired OnDeckBiotech, operator of a search platform for connecting biopharmaceutical companies with contract service providers. The acquisition provides Science Exchange with and expanded contract research organization network. Terms of the deal were not disclosed.

Marketing Technology

market research

Axel Springer has acquired a 93 percent stake in digital media and marketing market research firm eMarketer from Stripes Group for a reported $242 million. The acquisition strengthens Axel Springer’s paid content offering while supplementing its existing media businesses. eMarketer has reported 2015 revenues of $45.5 million.

mrm/workflow management

Enterprise email organization app developer Hiri has raised $1 million in a round of funding from Delta Partners and ACT Venture Capital. The company will use the new round of funding for expanding its presence in the US.

mobile technology

Malaysia-based Ebizu, a developer of location intelligence solutions for retailers, has raised $3 million in a round of funding from private investors. The company will use the new round of funding for expanding its presence domestically.

Agency & Marketing Services

public relations

Government agency public relations firm Sussex Strategy Group has acquired Canada-based advocacy campaign design company Adrenaline Digital. The acquisition provides Sussex Strategy with expanded digital advocacy offerings. Terms of the deal were not disclosed.

public relations

Germany-based media relations and marketing firm Higher Ground Communications has been acquired by media training and crisis management agency Allison & Partners. The acquisition provides Allison & Partners with an expanded international presence. Terms of the deal were not disclosed.

Software

big data

Big data collection and analysis company Treasure Data has raised $11.5 million in Series A funding from private investors. The company will use the new round of funding for expanding its engineering and marketing divisions.

collaboration

Workplace, a developer of collaborative employee scheduling solutions for the retail and hospitality industries, has been acquired by workforce management software developer WorkForce Software. The acquisition provides WorkForce with a strengthened presence in the retail industry. Terms of the deal were not disclosed.

erp         

Enterprise resources planning services provider Performa Apps has been acquired by enterprise resource planning solutions company Priority Software. The acquisition provides Priority with a strengthened offering for the SMB market. Terms of the deal were not disclosed.

financial

nCino, a provider of operating systems for the financial services industry, has raised $15.7 million in a round of funding from undisclosed investors. The company will use the new round of funding for building out research and development initiatives.

security

Cybersecurity startup OWL Security has raised $2 million in a round of funding from undisclosed investors. The company will use the new round of funding for building out sales and marketing initiatives.

software development tools

Legacy software management company Fresche Legacy has acquired mobile development and document distribution solutions company Quadrant Software. The acquisition provides Fresche with an expanded client base. Terms of the deal were not disclosed.

Business Services

training

Training simulation and skills development platform Practice has raised $4 million in Series A funding from Social Capital and City Light Capital. The company will use the new round of funding for expanding its sales and development divisions.

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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