Daily Deal Activity 06/29/16

Digital Media/Commerce

ecommerce

eCommerce platform operator BrilliantRetail has been acquired by digital marketing agency Vector Media Group. The acquisition provides Vector Media with an expanded customer base for tis CartThrob offering. Terms of the deal were not disclosed.

ecommerce

Unused Wi-Fi capacity marketplace BandwidthX has raised an undisclosed amount of funding from Orange Digital Ventures. The company will use the new round of funding for its expanding geographic presence.

gaming

Virtual reality gaming studio Fast Travel Games has raised an undisclosed amount of funding from Sunstone Capital and private investors. The company will use the new round of funding for expanding operations and headcount.

mobile content/apps

China-based audio-sharing app developer Fenda has raised $25 million in Series A funding from Vision Plus Capital, Sequoia Capital, and private investors. The company will use the funding for product development efforts.

mobile content/apps

UK-based location sharing app developer what3words has raised $8.5 million in Series B funding from Aramex. The company will use the new round of funding for expanding its presence within the Middle East.

niche content

Urban-centric youth culture-focused media company All Def Digital has raised $10 million in Series B funding led by Third Wave Digital Partners with participation from WPP, Greycroft Partners, Nu Horizons, and Andreessen Horowitz. The company will use the funding for scaling its cross-platform audience.

Digital Advertising

digital promotion/coupon

Digital promotions platform Ifeelgoods has raised $6 million in a round of funding led by Group UP with participation from Idinvest and Tugboat Ventures. The company will use the new round of funding for expanding its rewards promotions programs.

Marketing Technology

analytics & targeting

Digital receipts and spending habits solutions developer flexReceipts has received a strategic investment from Synchrony Financial. The company will use the new round of funding for expanding its marketing and sales divisions.

analytics & targeting

Cloud analytics platform Keen IO has raised $14.7 million in Series B funding led by Pelion Venture Partners with participation from Hewlett Packard Pathfinder, Sequoia Capital, Rincon Venture Partners, Amplify Partners, and Rothenberg Ventures. The company will use the funding for expanding customer base.

analytics & targeting

Consumer predictive analytics platform Jornaya has raised $10 million in Series B funding from Edison Partners and private investors. The company will use the new round of funding for expanding operations.

analytics & targeting

SaaS-based retailer analytics and merchandising solutions company Predictix has been acquired by Infor. The acquisition will see Predictix integrated into Infor’s CloudSuite Retail offering. Terms of the deal were not disclosed.

crm

Germany-based Homeday, developer of a private property owner management platform for real estate agents, has raised an undisclosed amount of Series A funding from Project A Ventures and Paua Ventures. The company will use the funding for marketing initiatives.

Agency & Marketing Services

digital agency

Argentina-based digital agency Graion has been acquired by digital technology marketing agency Valtech. The acquisition will provide Valtech with an expanded international presence. Terms of the deal were not disclosed.

Software

financial

SaaS-based facility management and real estate business automation software developer Axxerion has raised a majority investment from Main Capital. The company will use the new resources for expanding its presence internationally.

financial

ForUsAll, a developer of 401k solutions for small businesses, has raised $9.5 million in Series A funding from Foundation Capital. The company will use the new round of funding for expanding operations and hiring talent.

financial

Insurance processing software an analytics solutions company Insurity has raised an undisclosed equity investment from General Atlantic. The company will use the new round of funding for expanding operations internationally.

financial

Germany-based digital asset management solutions company Liqid Investment has raised an undisclosed amount of funding from Holtzbrinck Ventures. The company will use the new round of funding for expanding operations.

healthcare

Blackstone-owned healthcare software and analytics company Change Healthcare will merge with McKesson’s IT solutions business. The transaction will form a new company with pro forma combined annual revenues of $3.4 billion with a reported combined value of $10 billion. McKesson will own 70 percent of the new company and will receive $1.3 billion in cash proceeds following the close of the deal. Change Healthcare will own 30 percent and receive $1.8 billion in cash proceeds.

Information

credit/risk information

Patent prosecution data solutions company Patent River has been acquired by intellectual property management software developer Anaqua. The acquisition provides Anaqua with an expanded competitive response offering. 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.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: