Daily Deal Activity 08/05/16

Digital Media/Commerce

ecommerce

UK-based on-demand food delivery service Deliveroo has raised $275 million in Series E funding led by Bridgepoint with participation from DST Global, General Catalyst, and Greenoaks Capital. The company will use the funding for expanding to new markets.

ecommerce

Organic food delivery startup GrubMarket has raised $20 million in a round of funding from Sound Ventures, Global Founders Capital, Riverhead Capital, GGV Capital, and Fosun Group. The company will use the funding for expanding its presence geographically.

gaming

Social casino games developer Huuuge has raised $4.6 million in Series B funding led by Woori Technology with participation from Seoul Investment Partners and Kiwoom Investment. The company will use the funding for expanding its presence internationally.

mobile content/apps

UK-based Hospitality and events sector recruitment app developer Syft has raised $3.5 million in a round of funding from private investors. The company will use the new round of funding for expanding its presence internationally.

digital advertising

email services

SaaS-based marketing cloud solutions company Zeta Interactive has acquired Acxiom’s email services unit Acxiom Impact. The acquisition will see Zeta integrate Acxiom Impact with its recent acquisition of eBay Enterprise’s CRM assets. Terms of the deal were not disclosed. (A Petsky Prunier-led transaction)

Marketing Technology

crm

In-app marketing platform Insert has raised $10 million in Series A funding led by Battery Ventures with participation from private investors. The company will use the new round of funding for sales and marketing initiatives.

Agency & Marketing Services

digital agency

Mobile creative agency Ora Interactive has been acquired by digital agency The Escape Pod. The acquisition provides The Escape Pod with an expanded geographic presence. Terms of the deal were not disclosed.

traditional media

entertainment media

UK-based music production studio Altitude Music has been acquired by music publishing company BMG. The acquisition provides Altitude Music with an expanded presence within Europe. Terms of the deal were not disclosed.

entertainment media

Virtual reality music platform company TheWaveVR has raised $2.5 million in a round of funding from KPCB Edge, Presence Capital, Rothenberg Ventures, and RRE Ventures. The company will use the new round of funding for expanding its marketing division.

Software

financial

Retailer mobile point-of-sale system developer Eleos has raised $2 million in a round of funding from M1 Limited. The company will use the new round of funding for expanding operations domestically while hiring talent.

financial

Insurance underwriting solutions developer FirstBest has been acquired by Guidewire Software (NYSE:GWRE) for $34 million. The acquisition provides Guidewire with expanded offerings for property and casualty insurers. FirstBest financial information was not disclosed.

healthcare

Indonesia-based health portal Alodokter has raised $2.5 million in Series A funding from Golden Gate Ventures. The company will use the new round of funding for expanding operations and product development efforts.

healthcare

eSATURNS, a developer of video over IP solutions for the medical field , has been acquired by Sony. The acquisition will see eSATURNS integrated into Sony’s imaging and AV/IT technology practice. Terms of the deal were not disclosed.

healthcare

Cloud-based healthcare and medical services company Neusoft has raised $64 million in a round of funding from PICC. The company will use the new round of funding for expanding research and development initiatives.

hr

Network Locum, developer of a platform for booking locum general practitioners, has acquired staffing and workplace management software developer RLocums. The acquisition provides Network Locum with complementary workplace management offerings. Terms of the deal were not disclosed.

infrastructure

Infrastructure operations and maintenance platform developer DBi Services has raised an undisclosed amount of funding from Sterling Partners. The company will use the new round of funding for expanding headcount.

security

Online reputation management and privacy platform BrandYourself.com has raised $2 million in a round of funding from FF Angel and New Atlantic Ventures. The company will use the new round of funding for expanding operations.

business services

bpo

The Carlyle Group has acquired a 70 percent stake in China-based business process outsourcing and IT outsourcing solutions company VXI Global Solutions in a transaction valued at $1 billion. The acquisition provides VXI with the resources for international expansion. XVI Global financial information was not disclosed.

it consulting

IT support services provider Systems Maintenance Services has been acquired by Partners Group. The acquisition provides SMS with the resources for expanding its presence internationally. 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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