Daily Deal Activity 07/18/16

Digital Media/Commerce

ecommerce

Online jewelry store Bluestone.com has raised $30 million in a round of funding from Accel Partners, IIFL, IvyCap Ventures, and Kalaari Capital. The company will use the new round of funding for expanding its merchandise offerings.

ecommerce

Italy-based online grocery delivery service Supermercato24 has raised $3.3 million in a round of funding from 360 Capital Partners. The company will use the new round of funding for extending its category and product offerings.

mobile content/apps

Campus mobile app development and engagement platform Modo Labs has raised $10 million in a round of funding from Education Growth Partners, Storm Ventures, and New Magellan Ventures. The company will use the funding for product development.

mobile content/apps

India-based public transportation app developer Ridlr has raised $6 million in Series B funding led by Times Internet with participation from InnoVen Capital, Matrix Partners, and Qualcomm. The company will use the new round of funding for expanding its engineering division.

social media/apps

Social discovery and photography app developer Math Camp has been acquired by Pinterest. The acquisition will see Math Camp integrated into Pinterest’s engineering, product, and design divisions. Terms of the deal were not disclosed.

social media/apps

E-sports community and app developer Strafe has raised $1.5 million in a round of funding from undisclosed investors. The company will use the new round of funding for expanding its user base internationally.

Marketing Technology

analytics & targeting

E-book distribution and optimization solutions developer Inscribe Digital has been acquired by Independent Publishers Group. The acquisition will provide IPG with expanded e-book aggregation capabilities. Terms of the deal were not disclosed.

email/messaging software

SaaS-based email marketing automation platform Fiveworx has been acquired by Northshore Management Company. The acquisition provides Fiveworx with the resources for product development initiatives. Terms of the deal were not disclosed.

commerce management

UK-based online auto retailer solutions developer Rockar has raised $6.6 million in a round of funding from Maven Capital Partners and NVM Private Equity. The company will use the new round of funding for launching its digital storefront offering.

Agency & Marketing Services

digital agency, search marketing               

Taiwan-based digital marketing agency WIS Performance Media has been acquired by Dentsu Aegis Network. The acquisition will see WIS integrated into iProspect while providing expanded SEM capabilities in Taiwan. Terms of the deal were not disclosed.

Software

collaboration

Enterprise workflow and collaboration platform WorkApps has raised $1 million in a round of funding from SRI Capital. The company will use the new round of funding for hiring talent and expanding its presence internationally.

collaboration

Unified communications and collaboration solutions developer Unifysquare has raised $3.9 million in a round of funding from undisclosed investors. The company will use the funding for expanding its customer base.

credit/risk

Credit-decisioning technology platform ZestFinance has raised an undisclosed amount of funding from Baidu. The company will use the new round of funding for expanding its presence within the Chinese credit market.

financial

SaaS-based hospitality management software developer Cloudbeds has raised $3.1 million in a round of funding led by Cultivation Capital with participation from EON Capital and Moore Venture Partners. The company will use the new round of funding for platform development efforts.

financial

Renewable energy sector risk analysis and cash flow modelling solutions developer EverVest has been acquired by Ultra Capital. The acquisition provides EverVest with the resources for expanding its customer base internationally. Terms of the deal were not disclosed.

financial

SaaS-based field service and invoicing solutions developer Loc8.com has raised $5 million in Series A funding from Clinton Capital Partners. The company will use the new round of funding for expanding internationally.

financial

India-based mobile point of sale solutions company Momoe Technologies has been acquired by online shopping platform ShopClues.com. The acquisition provides ShopClues.com with payment solutions for its platform. Terms of the deal were not disclosed.

healthcare

Digital health company Lifesum has raised $10 million in a round of funding led by Nokia Growth Capital with participation from Draper Esprit and Bauer Media Group. The company will use the new round of funding for expanding headcount.

security

Enterprise cybersecurity solutions developer Darktrace has raised an undisclosed amount of funding from Samsung. The investment follows Darktrace’s recent $65 million round of funding from KKR, TenEleven Ventures, and SoftBank.

Business Services

legal consulting

Witness referral services company Expert Search Group has been acquired by litigation strategy firm DOAR Litigation Consulting. The acquisition provides DOAR with expanded custom legal search offerings. Terms of the deal were not disclosed.

staffing

Consulting and talent solutions firm Vaco has acquired boutique staffing company Momentum Resources. The acquisition provides Vaco with expanded offerings for the flexible career opportunities market. 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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