Daily Deal Activity 06/23/16

Digital Media/Commerce

ecommerce

Australia-based handbag marketplace Mon Purse has raised $3.1 million in a round of funding from Macdoch Ventures. The company will use the new round of funding for expanding its presence internationally.

ecommerce

Food ordering app developer OrderYoyo has raised $2.8 million in a round of funding led by Seed Capital with participation from private investors. The company will use the funding for expanding operations.

ecommerce

Online watch marketplace Watchismo has acquired online watch buying and selling platform Watches.com. The acquisition provides Watchismo with an expanded customer base. Terms of the deal were not disclosed.

mobile content/apps

Mobile payments app developer Circle has raised $60 million in a round of funding led by IDG Capital Partners with participation from Breyer Capital, General Catalyst Partners, and private investors. The company will use the funding for expanding operations.

niche content

Video and music streaming source Alexander Street Press has been acquired by bibliographic information publisher R.R. Bowker. The acquisition provides R.R. Bowker with strengthened capabilities for its context discovery offering. Terms of the deal were not disclosed.

niche content

Small business content and advice site Business.com has been acquired by digital media company Purch. The acquisition expands Purch’s small business media portfolio. Terms of the deal were not disclosed.

niche content

Sports and betting information company Daytime Media has been acquired by sports media company Everysport Media Group for $4.3 million. The acquisition provides Everysport with an expanded international audience. Further terms of the deal were not disclosed.

social media/apps

Local business social network Alignable has raised $1.5 million in a round of funding from Recruit Strategic Partners. The company will use the new round of funding for expanding its user base and hiring talent.

social media/apps

SaaS-based events social media network operator Attendify has raised $1.7 million in a round of funding from Digital Future. The company will use the new round of funding for expanding its sales and marketing divisions.

Marketing Technology

commerce management

Post-purchase experience platform Narvar has raised $22 million in Series B funding led by Battery Ventures with participation from Fund Capital, Accel Partners, and Freestyle Capital. The company will use the funding for sales and marketing efforts.

mrm/workflow management

Israel-based SaaS-based team management platform dapulse has raised $7.6 million in a round of funding led by Genesis Partners with participation from Entrée Capital. The company will use the new round of funding for expanding internationally.

Traditional Media

consumer magazine publishing

Imagine Publishing, a publisher of print and digital photography magazines, has been acquired by Future plc in a transaction valued at a reported $20.9 million. Further terms of the deal were not disclosed.

Software

erp

India-based logistics management and vehicle tracking startup FarEye has raised $3.5 million in a round of funding from SAIF Partners. The company will use the new round of funding for expanding operations geographically.

financial, hr

Expense report compliance software developer AppZen has raised $2.9 million in a round of funding led by Resolute Ventures with participation from MasterCard and Blumberg Beta. The company will use the funding for expanding operations.

financial

Motivity Solutions, a provider of mortgage analytics solutions to lenders, has been acquired by Black Knight Financial Services. The acquisition provides Black Knight with an expanded regulatory and compliance offering. Terms of the deal were not disclosed.

healthcare

China-based mobile healthcare app developer Spring Rain Software has raised $183 million in a round of funding from undisclosed investors. The company will use the new round of funding for spinning out its online consultation business.

hr

PeopleMatter, a developer of workforce management tools, has been acquired by hourly employee job-search website Snagajob. The acquisition provides Snagajob with expanded employer service offerings. Terms of the deal were not disclosed.

legal

Environment, health, and safety compliance software developer CMO Software has been acquired by enterprise legal management solutions developer Mitratech. The acquisition is complementary to Miratech’s risk mitigation offering. Terms of the deal were not disclosed.

security

Secure access solutions company Bomgar has been acquired by Thoma Bravo from TA Associates. The acquisition will provide Bomgar with the resources for building out its product offering. Terms of the deal were not disclosed.

security

Continuous risk monitoring platform Securityscorecard has raised $20 million in Series B funding led by Google Ventures with participation from Sequoia Capital, Evolution Equity Partners, Boldstar Ventures, and Two Sigma Ventures. The company will use the funding for hiring talent.

security

Enterprise-level security platform Veracity Security Intelligence has received an undisclosed investment from Microsemi Corporation (Nasdaq:MSCC). The company will use the funding for partnering with Microsemi while focusing on product development efforts.

software development tools

UK-based software development company moQom has raised $3 million in a round of funding from Pinemont. The company will use the new round of funding for expanding internationally while focusing on product development.

Business Services

it consulting/systems integration

ERP and PRM solutions integrator Starlog Council has been acquired by project governance consultancy ISPA Consulting. The acquisition provides ISPA with an expanded geographic presence. 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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