Daily Deal Activity 06/17/16

Digital Media/Commerce

ecommerce

China-based infant products eCommerce company BeiBei has raised $100 million at a reported valuation of $1 billion in a round of funding led by Northern Light Venture Capital and New Horizon Capital with participation from Banyan Capital and Capital Today. The valuation is the same the company received after its most recent round of funding in September 2014.

ecommerce

Online catering services marketplace CaterWings has raised $6.8 million in a round of funding from Holtzbrinck Ventures, Tengelmann Ventures, and Rocket Internet. The company will use the funding for expanding its presence internationally.

mobile content/apps

France-based car damage repair app Fixico has raised $2.3 million in a round of funding from Orange Growth Capital. The company will use the new round of funding for expanding user acquisition initiatives.

niche content

Virtual reality content company Within has raised $12.6 million in Series A funding from Andreessen Horowitz, Raine Ventures, WME, Tribeca Enterprises, 21st Century Fox, Vice Media, Live Nation, Annapurna Pictures, Legendary Pictures, and Freelands Ventures. The company will use the funding for expanding headcount.

social media/apps

Social music streaming app developer Muzooka has raised $1.1 million in a round of funding from private investors. The company will use the new round of funding for building out its marketing and engineering divisions.

Digital Advertising

local search

Local apartment rental website Abodo has raised $3.3 million in a round of funding from private investors. The company will use the new round of funding for expanding the presence of its platform geographically.

Marketing Technology

ad serving

Canada-based AdGear, a provider of advertising technology tools to media agencies and publishers, has been acquired by Samsung in a transaction valued at a reported $50 million. The acquisition will support Samsung’s Smart TV services. Further terms of the deal were not disclosed.

analytics & targeting

France-based real-time consumer knowledge and targeting platform MindLytiX has raised $1.4 million in a round of funding from Iris Capital. The company will use the funding for platform development initiatives.

email/messaging software

Enterprise-level email marketing platform MessageGears has raised $2.4 million in a round of funding led by Covalent Interests with participation from Hallet Capital. The company will use the new round of funding for hiring talent.

Agency & Marketing Services

public relations

South Korea-based social media public relations consultancy Social Net Creator has been acquired by iSentia Group. The acquisition provides iSentia with an expanded international presence. Terms of the deal were not disclosed.

Software

cloud computing

High performance computing platform Rescale has raised $14 million in Series A funding led by TransLink Capital with participation from Microsoft Ventures, Jump Capital, Two Roads Group, and Data Collective. The company will use the funding for expanding internationally.

cloud computing

Cloud networking platform Tigera has raised $13 million in Series A funding led by New Enterprise Associates with participation from Wing Venture Capital. The company will use the funding for expanding it engineering division.

erp, logistics

Logistics and shipping software developer ShipBob has raised $4 million in Series A funding led by Hyde Park Venture Partners. The company will use the new round of funding for expanding its geographic presence within the US.

financial

India-based tax filing platform ClearTax has raised $12 million in Series A funding from SAIF Partners. The company will use the new round of funding for launching new products and expanding its engineering division.

healthcare

Solera Health, developer of a SaaS-based platform for connecting users with health programs, has raised $4 million in a round of funding from BlueCross BlueShield Venture Partners, Sandbox Industries, and SJF Ventures. The company will use the new round of funding for scaling operations.

hr

Employer recruitment software developer Beamery has raised $2 million in a round of funding from Edenred Capital Partners. The company will use the new round of funding for product development efforts.

virtualization

China-based mobile virtualization provider Graphite Software has raised $8 million in a round of funding from Green Century Investment and Celtic House Venture Partners. The company will use the funding for expanding deployment on Android platforms.

Information

healthcare information

Medical data company Tonic Solutions has raised $6.4 million in a round of funding from private investors. The company will use the new round of funding for expanding its presence within US hospitals.

Business Services

hr consulting

Cast & Crew Entertainment Services has acquired commercial production, venues, and live event payroll services provider CAPS Payroll. The acquisition provides Cast & Crew with an expanded client base. Terms of the deal were not disclosed.

it consulting/systems integration

Managed services provider and IT consultancy System Professional has been acquired by cloud integrator Daily Internet for $7.4 million. The acquisition provides Daily Internet with a strengthened managed service offering.

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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