Daily Deal Activity 06/14/16

Digital Media/Commerce

ecommerce

UK-based up and coming artist eCommerce platform Rise Art has acquired competitor Artfetch. The acquisition provides Rise Art with a strengthened art rental offering and an expanded international network. Terms of the deal were not disclosed.

ecommerce

Luxury watch marketplace Chronext has raised $12.3 million in a round of funding led by Partech Ventures with participation from Octopus Ventures, Capnamic Ventures, and InVenture Partners. The company will use the funding for expanding its presence internationally.

ecommerce

On-the-way delivery network Roadie has raised $15 million in Series B funding from UPS Strategic Enterprise Fund. The company will use the new round of funding for introducing new distribution channels.

mobile content/apps

Nutrition data app Ava has raised $3 million in a round of funding led by DCM Ventures with participation from Khosla Ventures and Innovation Endeavors. The company will use the funding for hiring talent.

mobile content/apps

Mobile app development firm DoApp has been acquired by media news content management and workflow system developer Newscycle Solutions. The acquisition provides Newscycle with expanded mobile offerings. Terms of the deal were not disclosed.

mobile content/apps

Story building mobile application developer Storehouse has been acquired by Square (NYSE:SQ). The acquisition will provide Square with expanded design and content functionality. Terms of the deal were not disclosed.

niche content

Online therapy platform Talkspace has raised $15 million in Series B funding led by Norwest Venture Partners with participation from Spark Capital, SoftBank, Metamorphic Ventures, and TheTime. The company will use the funding for expanding operations.

social media/apps, vertical search

Jobandtalent, developer of a job marketplace for matching SMEs with local talent, has raised $42 million in a round of funding from Atomico. The company will use the new round of funding for expanding its product and engineering divisions.

Digital Advertising

ad network/exchanges

Programmatic ad platform Jivox has raised $6 million in a round of funding from Fortisure Ventures and You & Mr Jones. The company will use the new round of funding for research and development initiatives.

ad network/exchanges

Precision Health Media, a provider of programmatic advertising targeting for pharmaceutical marketers, has been acquired by patient education media company AccentHealth. The acquisition provides AccentHealth with expanded offerings for its patient engagement platform. Terms of the deal were not disclosed.

ad network/exchanges, email services

IDI has acquired Q Interactive, an advertising network that specializes in lead generation and email, in an all-stock transaction valued at up to $21 million. The acquisition will expand IDI’s network of advertisers, and a reported additional consideration will be granted to Q Interactive if it contributes $25 million in 2016 revenues.

vertical search

Social services search and referral platform Aunt Bertha has raised $5 million in Series B funding from Techstars Ventures. The company will use the new round of funding for expanding operations and platform development initiatives.

vertical search

Freelance worker marketplace twago has been acquired by human resource services and staffing solutions provider Randstad. The acquisition provides Randstad with an expanded staffing solution for the freelance market. Terms of the deal were not disclosed.

Marketing Technology

social technology

User-generated content marketing platform Yotpo has raised $22 million in Series C funding led by Bessemer Venture Partners with participation from Innovation Endeavors, Marker LLC, Vintage Investment Partners, and Blumberg Capital. The company will use the funding for expanding mobile capabilities.

Agency & Marketing Services

branded communications

Germany-based sports and entertainment brand consultancy Cemano Communications has been acquired by Creative Artists Agency. The acquisition will see Cemano integrated into CAA Sports. Terms of the deal were not disclosed.

Software

application management

Cloud application management solutions developer ElasticBox has been acquired by CenturyLink (NYSE:CTL). The acquisition is complimentary to CenturyLink’s cloud service development and deployment offering. Terms of the deal were not disclosed.

cloud computing

Log management solutions developer Loggly has raised $11 million in a round of funding led by True Ventures with participation from Matrix Partners, Cisco Ventures, Trinity Ventures, Harmony Partners, and Data Collective. The company will use the funding for expanding sales and marketing initiatives.

financial

Lending and repo software solutions developer 4Sight Financial Software has been acquired by Broadridge Financial Solutions (NYSE:BR). The acquisition provides Broadridge with a bolstered collateral management offering. Terms of the deal were not disclosed.

geo-demo

3D data visualization solutions developer 3point Science has been acquired by geographical data visualization company Aranz Geo. The acquisition provides Aranz Geo with expanded visualization offerings for its platform. Terms of the deal were not disclosed.

healthcare         

Hearst has acquired a majority stake in SaaS-based health plans solutions company MedHOK. The acquisition will see MedHOK integrated into Hearst Health as the company looks to building out its information solutions portfolio. Terms of the deal were not disclosed.

healthcare         

Patient care and spend management platform Procured Health has raised $10 million in a round of funding led by Heritage Group with participation from health Insight Capital. The company will use the funding for expanding its reach within the healthcare sector.

security

Web application protection solutions developer Armeron has raised $2 million in a round of funding from Glilot Capital Partners. The company will use the funding for product development before launching out of beta.

virtualization

Software defined storage solution Elastifile has raised an undisclosed amount of funding from Cisco Investments. The company will use the new round of funding for expanding headcount and product development.

Information

financial information

China-based financial data company Suntime has raised $35 million in a round of funding from Alibaba’s finance arm Ant Financial. The company will use the new round of funding for expanding its earnings forecast services.

healthcare information

Digital health information and wellness platform League has raised $25 million in a round of funding led by Omers Ventures with participation from Infinite Potential Technologies, Real Ventures, and RBC. The company will use the funding for expanding within the US.

Business Services

printing services, fulfillment

Broadridge Financial Solutions (NYSE:BR) will acquire the North American Customer Communications business of DST Systems (NYSE:DST) for a reported $410 million. The acquisition allows DST to focus on its Healthcare and Financial Services segments. The NACC arm has reported 2015 total revenues of $1.1 billion and fee revenues of $445 million.

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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