Daily Deal Activity 07/27/16

Digital Media/Commerce

digital marketplace

PSA Group has acquired a majority stake in auto-repair marketplace AutoButler for a reported $33 million. The acquisition provides AutoButler with an expanded customer base and auto repair shop network.

digital marketplace

Zeek, developer of a marketplace for unused retail credit, has raised $9.5 million in Series B funding from Scale-Up Venture Capital, Blumberg Capital, Qualcomm Ventures, and Radiant Venture Capital. The company will use the new round of funding for expanding headcount.

ecommerce

Online grocery marketplace Shipt has raised $20 million in Series A funding from Greycroft Partners, Harbert Growth Partners, and e.ventures. The company will use the new round of funding for expanding its presence geographically.

mobile content/apps, data management

Data storage app developer Upthere has raised $77 million in a round of funding led by Kleiner Perkins Caufield & Byers and Western Digital with participation from Elevation Partners, Floodgate, and NTT Docomo Ventures. The company will use the funding for product development.

social media/apps

Online business leader community operator Powerlinx has raised $7 million in Series A funding from Altares D&B and undisclosed investors. The company will use the new round of funding for expanding its presence internationally.

Digital Advertising

vertical search

Ground transportation search engine developer Mozio has raised an undisclosed amount of funding from JetBlue Technology Ventures. The company will use the new round of funding for expanding operations domestically.

Marketing Technology

analytics & targeting

Video advertising targeting solutions developer ConvertMedia has been acquired by video discovery platform Taboola for a reported $100 million. The acquisition provides bolsters Taboola’s video supply capabilities. Further terms of the deal were not disclosed.

bi tools

Cloud-based enterprise performance management software developer Tidemark has raised an undisclosed amount of funding from Marlin Equity Partners. The company will use the new resources for expanding its presence geographically.

commerce management

UK-based app retailer commerce platform Poq has raised $4 million in Series A funding led by Beringea with participation from Venrex. The company will use the new round of funding for expanding its presence internationally.

content delivery network

Content delivery network operator MaxCDN has been acquired by SaaS-based cybersecurity company StackPath. The acquisition follows StackPath’s recent $150 million round of funding. Terms of the deal were not disclosed.

crm, online lead generation

SaaS-based real estate agent CRM and lead generation platform Commissions has been acquired by Fidelity National Financial. The acquisition provides Commissions with expanded cross-sell opportunities. Terms of the deal were not disclosed.

mrm/workflow management

RFP bidding automation technology developer Scout RFP has raised $9 million in Series A funding from New Enterprise Associates. The company will use the new round of funding for hiring talent and expanding operations.

sfa/lead management

PointDrive, a developer of sales engagement and content sharing applications, has been acquired by LinkedIn. The acquisition will see PointDrive integrated into LinkedIn’s Sales Solutions portfolio. Terms of the deal were not disclosed.

Agency & Marketing Services

promotion agency, performance/contract sales

UK-based The Marketing Group has acquired promotional marketing company Ulysses for $26.1 million. The acquisition will provide The Marketing Group with an expanded presence in the US. The acquisition represents 11.3x Ulysses’ 2016 EBITDA.

Software

application management

FogHorn Systems, a developer of machine learning software for industrial Internet of Things applications, has raised $12 million in Series A funding led by March Capital and GE Ventures with participation from Darling Ventures. The company will use the funding for product development.

collaboration

Document sharing platform developer Firmex has raised an undisclosed amount of funding from Novacap. The company will use the new round of funding for expanding its presence within the financial services industry.

financial

Independent restaurant software developer Zuppler has raised an undisclosed amount of funding from SRI Capital and Ben Franklin Technology Partners. The company will use the funding for expanding its point of sale and loyalty integration offerings.

healthcare

Digital medicine company Big Health has raised $12 million in a round of funding led by Octopus Ventures with participation from Kaiser Permanente Ventures and Index Ventures. The company will use the funding for expanding its presence in the area of mental health.

security

Anti-spymail solutions developer MailControl has raised $1 million in a round of funding from Guild Capital. The company will use the new round of funding for expanding its marketing, sales, and engineering divisions.

security

Enterprise phishing solutions developer PhishMe has raised $42.5 million in a round of funding from Paladin Capital and Bessemer Venture Partners. The company will use the new round of funding for expanding its presence within Europe.

Information

financial information

Digital conversation data company Predata has raised $3.3 million in a round of funding led by Edison Partners with participation from Chicago Ventures and Conversion Capital. The company will use the funding for go-to-market initiatives.

Business Services

healthcare consulting

Healthcare IT and management consulting company Healthcare Services Management has been acquired by Huron Consulting Group (Nasdaq:HURN). The acquisition is complementary to Huron’s offerings for healthcare providers. Terms of the deal were not disclosed.

it consulting

Engineering consultancy Belcan has acquired government agency IT consulting firm Intercom Consulting & Federal Systems. The acquisition provides Belcan with expanded Federal Services offerings. Terms of the deal were not disclosed.

training

Education software startup EverFi has raised $40 million in Series C funding from New Enterprise Associates, Allen & Co., Rethink Education, and private investors. The company will use the new round of funding for acquiring competitor LawRoom. 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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