Daily Deal Activity 06/15/16

Digital Media/Commerce

classifieds/auctions/p-to-p

France-based peer-to-peer home sharing platform NightSwapping has raised $2.2 million in a round of funding from Duval Group, 6eme Sens, and BPI. The company will use the new round of funding for expanding its presence within Europe.

ecommerce

Home furnishings flash sales site One Kings Lane has been acquired by Bed Bath & Beyond. The acquisition provides One Kings Lane with expanded product offerings. One Kings Lane was valued at $912 million in January of 2014 after raising a $112 round of funding.

mobile content/apps

Israel-based road safety app developer Nexar has raised $10.5 million in Series A funding from True Ventures and Mosaic Ventures. The company will use the new round of funding for expanding its presence internationally.

niche content

India-based CureJoy, operator of an online community for alternative medication experts, has raised $4.4 million in a round of funding from Accel Partners. The company will use the funding for expanding within the fashion vertical.

niche content

Television programming broadcaster Entertainment Studios has acquired African American-focused digital news platform TheGrio. The acquisition will provide TheGrio with expanded video content creation and distribution capabilities. Terms of the deal were not disclosed.

social media/apps

Peer-to-peer study platform OpenStudy has been acquired by social learning community Brainly. The acquisition will provide Brainly with expanded platform offerings and user base. Terms of the deal were not disclosed.

social media/apps

Twitter has invested $70 million in audio platform SoundCloud at a reported valuation of $700 million. The reported valuation is the same that the company received after its $60 million round of funding in January 2014.

Digital Advertising

digital video

Brazil-based online video distributor Samba Tech has raised $3 million in a round of funding from private investors. The company will use the new round of funding for product development and expanding its presence within the US.

digital video

Spain-based digital video advertising company Sun Media has been acquired by mobile and web performance advertising firm Mobusi. The acquisition provides Mobusi with an expanded presence in Europe. Terms of the deal were not disclosed.

Marketing Technology

analytics & targeting, performance/contract sales

Performance Horizon Group, developer of a SaaS-based reporting platform for performance marketing, has raised $15.5 million in Series C funding led by Greycroft Partners with participation from DN Capital and Mithril Capital Management. The company will use the funding for product development.

commerce management

UK-based Anatwine, a developer of technology for integrating fashion brands with online fashion retailers, has raised $12 million in a round of funding from Zalando. The company will use the funding for expanding its presence internationally.

data quality, credit/risk software

Affiliate fraud prevention company Forensiq has been acquired by digital marketing and affiliate solutions company Impact Radius. The acquisition provides Impact Radius with expanded offerings for its affiliate campaign management platform. Terms of the deal were not disclosed.

email/messaging software

Group messaging and collaboration platform Nuro Secure Messaging has raised $2.6 million in a round of funding from private investors. The company will use the new round of funding for expanding its presence internationally.

email/messaging software

Secure customer messaging company Relay Networks has raised $12 million in a round of funding led by NewSpring Capital with participation from First Round Capital. The company will use the new round of funding for scaling operations.

media management system

Eyeview, provider of a video management and development platform, has raised $21.5 million in Series D funding led by Qumra Capital with participation from Marker LLC, Innovation Endeavors, Nauta Capital, and Lightspeed Venture Partners. The company will use the funding for building out its sales and marketing divisions.

search & Discovery

Yewno, developer of a discovery platform and search technology, has raised $10 million in a round of funding from Pacific Capital. The company will use the new round of funding for expanding its presence into new verticals.

teleservices/eservices

Germany-based B2X, developer of mobile device customer care platform, has raised $6.8 million in a round of funding from Harbert European Growth Capital. The company will use the funding for expanding its presence internationally.

Traditional Media

entertainment media

Virtual reality experiences studio Felix & Paul Studios has raised $5.8 million in a round of funding led by Comcast Ventures with participation from LDV Partners. The company will use the funding for building out its production and post-production software suite.

entertainment media

Digital music distribution company X5 Music Group has been acquired by Warner Music Group. The acquisition provides WMG with an expanded digital streaming offering. Terms of the deal were not disclosed.

Software

application management

SaaS-based micro app management platform Sapho has raised $9.5 million in a round of funding from Alsop Louise Partners. The company will use the new round of funding for expanding its sales and marketing divisions.

financial

IK Investment Partners has acquired a majority stake in point-of-sale solutions developer OpenSolution. The acquisition provides OpenSolution with the resources for international expansion. Terms of the deal were not disclosed.

healthcare

Claims management and patient payment solutions company Navicure has received a strategic investment from Bain Capital Private Equity. The company will use the new resources for expanding its network of healthcare providers.

infrastructure

Cloud infrastructure developer Cloudistics has raised $15 million in Series A funding led by Bain Capital Ventures. The company will use the new round of funding for expanding its customer support and research and development divisions.

security

Predictive cybersecurity solutions startup QuadMetrics has been acquired by analytics software company FICO. The acquisition is complimentary to FICO’s Falcon Cybersecurity Analytics offering. Terms of the deal were not disclosed.

Information

healthcare information

WIRB-Copernicus Group will acquire the Clinical Trail Applications division of karmadata. The acquisition provides WIRB-Copernicus with bolstered clinical research and decision support solutions. Terms of the deal were not disclosed.

Business Services

it consulting/systems integration

Telecom consulting and software development firm SysLogic Technical Services has been acquired by data management solutions company Incedo. The acquisition provides Incedo with expanded communication engineering service offerings. Terms of the deal were not disclosed.

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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