Daily Deal Activity 07/06/16

Digital Media/Commerce

digital marketplace

UK-based photographer equipment marketplace MPB has raised $2.7 million in a round of funding from Mobeus Equity Partners. The company will use the new round of funding for expanding its presence in the US and Germany.

ecommerce

Online pharmacy Direct Healthcare has acquired UK-based competitor Pharmacy2U in a transaction valued at a reported $52 million. The acquisition provides Direct Healthcare with an expanded international presence. Further terms of the deal were not disclosed.

gaming

Video game entertainment company SEGA has acquired video game development company Amplitude Studios. The acquisition provides Amplitude with the resources for launching new titles. Terms of the deal were not disclosed.

gaming

Gaming company SGN has acquired mobile gaming studio TinyCo. The acquisition provides SGN with an expanded mobile gaming portfolio as the company looks to expand operations. Terms of the deal were not disclosed.

mobile content/apps

Concierge app developer Key Concierge has raised $3.8 million in Series A funding from Wildcard Venture Partners and ATX Seed Ventures. The company will use the new round of funding for product development efforts.

mobile content/apps, big data

France-based image recognition app developer Moodstocks has been acquired by Google. The acquisition provides will see Moodstocks integrated into Google’s research and development division. Terms of the deal were not disclosed.

mobile content/apps

Alibaba has acquired China-based Android app store operator Wandoujia for a reported $200 million. The acquisition provides Alibaba with an expanded presence for its existing distribution platform in China. Further terms of the deal were not disclosed.

social media/apps

Dating app and social network platform Hornet has acquired city guides developer Vespa. The acquisition provides Hornet with an expanded user base and broadened offerings for its mobile platform. Terms of the deal were not disclosed.

Digital Advertising

local search

Data management and analytics platform developer OpenMail has acquired Infospace, a provider of web search and online directory products, from Blucora for $45 million in cash. The transaction allows Blucora to focus on its core financial services technology assets.

Marketing Technology

analytics & Targeting

Online publisher analytics platform Admiral has raised $2.5 million in a round of funding from Birchmere Ventures, Mosley Ventures, and Gulfshore Capital. The company will use the funding for expanding its sales and marketing division.

Traditional Media

consumer magazine publishing

Markets Media will acquire institutional trading markets magazine Traders Magazine from SourceMedia. The acquisition provides Traders Magazine with the resources for expanding its digital offering. Terms of the deal were not disclosed.

entertainment media

Concert and event ticketing company TEG has acquired Australia-based concert promoter Dainty Group. The acquisition will provide TEG with an expanded domestic presence. Terms of the deal were not disclosed.

Software

collaboration

UK-based cloud collaboration solutions developer Sipsynergy has raised $3.6 million in a round of funding from YFM Equity Partners. The company will use the new round of funding for building out its customer base.

financial

UK-based rental management software developer Higher Concept Software has been acquired by inventory management software developer Point of Rental Software. The acquisition provides Point of Rental with an expanded customer base. Terms of the deal were not disclosed.

hr

Australia-based staff management software developer RosterCloud has been acquired by workforce solutions provider Rision. The acquisition will provide Rision with expanded cloud rostering offerings. Terms of the deal were not disclosed.

security

UK-based cybersecurity startup Darktrace has raised $65 million at a reported valuation of $400 million in a round of funding led by KKR with participation from Summit Partners, SoftBank, and TenEleven Ventures. The company will use the new round of funding for research and development initiatives.

security

Digital security company Netwatch has raised $10 million in a round of funding from BDO Development Capital. The company will use the new round of funding for expanding its presence within the US and the UK.

security

Virtual container security solutions company Twistlock has raised $10 million in a round of funding led by TenEleven Ventures with participation from Rally Ventures and YL Ventures. The company will use the funding for expanding operations.

security

Network breach solutions company Veriflow has raised $8.2 million in Series A funding led by Menlo Ventures with participation from New Enterprise Associates. The company will use the new round of funding for expanding its engineering division.

software development tools

Digital publishing software development company Magplus has been acquired by content development and distribution solutions company MP5. The acquisition provides MP5 with an expanded customer base. Terms of the deal were not disclosed.

Business Services

it consulting

IT managed services firm Evros has acquired Ireland-based cloud services company Inspired SS. The acquisition provides Evros with an expanded Microsoft technologies practice. 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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