Daily Deal Activity 06/22/16

Digital Media/Commerce

ecommerce

Germany-based on-demand storage company Box at Work has raised $5.5 million in Series A funding from private investors. The company will use the new round of funding for expanding its presence in the US.

ecommerce

Germany-based curated art marketplace Juniqe has raised $15.8 million in a round of funding led by Highland Europe with participation from Vorwerk Ventures. The company will use the funding for expanding within Europe.

ecommerce

Kwik, developer of a product re-order platform, has raised $3 million in a round of funding from Norwest Venture Partners. The company will use the funding for expanding the geographic presence of its home delivery service.

ecommerce

Spa and massage appointment booking platform MassageNow has been acquired by on-demand massage company Zeel. The acquisition provides Zeel with an expanded geographic presence. Terms of the deal were not disclosed.

ecommerce

Germany-based insurance eCommerce company simplesurance has received an undisclosed investment from Allianz Group. The company will use the new round of funding for expanding internationally and partnering with Allianz insurance products.

mobile content/apps

Curated shopping app developer tote has been acquired by Pinterest. The acquisition coincides with Pinterest’s expanded monetization efforts as the company looks to strengthen user engagement. Terms of the deal were not disclosed.

Digital Advertising

mobile marketing

Mobile ad company Verve has acquired location-based analytics and advertising platform Roximity. The acquisition will provide Verve with a strengthened location data offering. Terms of the deal were not disclosed.

Marketing Technology

commerce management

ShippingEasy, a developer of multi-carrier shipping software, has been acquired by Stamps.com. The acquisition will provide Stamps.com with a strengthened merchant shipping offering. Terms of the deal were not disclosed.

mrm/workflow management

Freelance and vendor workforce management platform Lystable has raised $11 million in Series A funding led by Valar Ventures and Goldcrest Ventures with participation from Spring Partners. The company will use the funding for expanding its presence in the US.

sfa/lead management

Sales acceleration platform Outreach has raised $17.5 million in a round of funding led by Trinity Ventures with participation from Microsoft Ventures, Mayfield Fund, MHS Capital, and Floodgate. The company will use the funding for expanding its marketing and sales divisions.

Agency & Marketing Services

digital agency

UK-based digital strategy and design agency The Bio Agency has been acquired by Tech Mahindra for a reported $66 million. The acquisition provides The Bio Agency with an expanded international presence. The company has reported 2015 revenues of $18.4 million.

Traditional Media

consumer magazine publishing

Internet Brands will acquire travel magazine Fodor’s Travel from Penguin Random House. The acquisition will provide Internet Brands with expanded travel content and information offerings. Terms of the deal were not disclosed.

entertainment media

Virtual reality entertainment company Cryworks has raised an undisclosed amount of funding from 451 Media Group and 500 Mobile Collective. The company will use the funding for scaling offerings and product development.

entertainment media

China-based audio programs network Kaola FM has raised $26 million in a round of funding from Legend Capital. The company will use the new round of funding for building out its omni-channel advertising platform.

Software

collaboration

Field worker communication software developer Parsable has raised $20 million in a round of funding from Saudi Aramco, Schlumberger, and Airbus. The company will use the new round of funding for hiring talent.

credit/risk

Credit insurance and debt protection software developer XyberNET has been acquired by data center hosting solutions company Blue Hill Data Services. The acquisition provides Blue Hill with an expanded presence in the insurance industry. Terms of the deal were not disclosed.

erp

Actio Corporation, a developer of environmental supply chain software, has been acquired by environmental, health, and safety resource planning software company Enviance. The acquisition provides Enviance with strengthened environmental supply chain data offerings. Terms of the deal were not disclosed.

erp

SaaS-based supply chain management solutions company Hyphen Solutions has received an undisclosed investment from PWP Growth Media. The company will use the funding for hiring talent while expanding its customer base.

financial

Germany-based payment solution software developer OptioPay has raised $7.9 million in a round of funding from DVH Ventures and Berlin Ventures. The company will use the new round of funding for expanding operations.

geo-demo

SaaS-based location and routing management platform Telogis has been acquired by Verizon Communications. The acquisition provides Verizon with an expanded presence in the connected vehicle market. Terms of the deal were not disclosed.

healthcare

Digital health and telemedicine platform Reflexion Health has raised $18 million in Series B funding from undisclosed investors. The company will use the new round of funding for product development efforts.

infrastructure

Network architecture software solutions developer 128 Technology has raised $36 million in a round of funding from G20 Ventures. The company will use the new round of funding for product development initiatives.

security

Behavioral attack detection solutions developer LightCyber has raised $20 million in a round of funding led by Access Industries with participation from Battery Ventures, Glilot Capital Partners, and Amplify Partners. The company will use the funding for sales and marketing initiatives.

Information

hr information

Career advice site The Muse has raised $16 million in Series B funding led by Icon Ventures with participation from Aspect Ventures, DBL Partners, and QED Ventures. The company will use the funding for expanding into new markets.

Business Services

it consulting/systems integration

IT consulting and technology integrator Trustmarque Solutions has been acquired by Capita for $83.6 million. The acquisition provides Capita with an expanded public sector customer base. Trustmarque has reported 2015 revenues of $283 million and EBITDA of $10.8 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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