Daily Deal Activity 08/12/16

Digital Media/Commerce

ecommerce

On-demand beauty service company Zeebba has been acquired by UK-based wellness treatment booking service Freauty. The acquisition provides Freauty with an expanded domestic presence. Terms of the deal were not disclosed.

gaming, digital video

Live game streaming services provider Beam has been acquired by Microsoft. The acquisition will see Beam integrated into Microsoft’s Xbox division as it looks to build out new interactive gaming offerings. Terms of the deal were not disclosed.

gaming

Video games publisher Firefly Games has raised $10 million in a round of funding from China Construction Bank. The company will use the new round of funding for building out its mobile games portfolio.

gaming

China-based gaming services platform Wangyu Master has raised $23 million in Series A funding Shenzhen Capital Group. The company will use the new round of funding for developing new gaming titles.

mobile content/apps

Video discovery app developer MightyTV has raised $2 million in a round of funding from Canaan Partners and Spark Capital. The company will use the new round of funding for expanding its engineering division.

niche content, hr consulting

Wellness tracking platform and talent consultancy Thrive Global has raised $7 million in a round of funding led by Lerer Hippeau Ventures with participation from Blue Pool Capital and Greycroft Partners.

social media/apps

Video chat community operator Paltalk will be acquired by online dating applications developer SNAP Interactive. The acquisition provides SNAP with an expanded audience base. Terms of the deal were not disclosed.

digital advertising

local search

Nowait, developer of a mobile reviews network for casual dining restaurants, has raised $8 million in a round of funding from Yelp. The company will use the new round of funding for expanding its geographic presence.

Marketing Technology

analytics & targeting, social technology

Social ad targeting company 140 Proof has been acquired by audience targeting solutions company AcuityAds for a reported $20 million. The acquisition provides AcuityAds with expanded social capabilities. Terms of the deal were not disclosed.

commerce management

Retailer eCommerce solutions platform 4-Tell has raised $1.5 million in a round of funding from undisclosed investors. The company will use the new round of funding for product development initiatives.

crm

Canada-based real estate customer relationship management platform developer Spark has raised $1 million in a round of funding from undisclosed investors. The company will use the new round of funding for sales and marketing efforts.

Agency & Marketing Services

experiential marketing

Live event audio-visual production service provider ON Event Services has been acquired by Viad (NYSE:VVI). The acquisition is complementary to Viad’s event production capabilities. Terms of the deal were not disclosed.

experiential marketing

Experiential agency Rooftop2 Productions has been acquired by Lagardere Sports. The acquisition provides Lagardere with an expanded client base within the sports industry. Terms of the deal were not disclosed.

traditional media

entertainment media

China-based film and television studio STX Productions has received an undisclosed investment from PCCW and Tencent at a reported valuation of $1.5 billion. The company will use the new round of funding for expanding its presence in the video game and virtual reality verticals.

Software

collaboration

Collaboration and conferencing solutions developer Verrex has been acquired by Five Crowns Capital. The acquisition provides Verrex with the resource for expanding its presence internationally. Terms of the deal were not disclosed.

infrastructure

Cloud-based infrastructure-as-a-service software company Greenqloud has raised $4 million in a round of funding from private investors. The company will use the new round of funding for expanding headcount and operations.

security

Cybersecurity scoring company UpGuard has raised $17 million in a round of funding from Pelion Venture Partners and Square Peg Capital. The company will use the new round of funding for expanding its presence within the insurance industry.

information

product/price information

Consumer medical research platform MDsave has raised $5 million in a round of funding from undisclosed investors. The company will use the new round of funding for building out its marketing and sales divisions.

business services

it consulting

Industrial process optimization services provider Optimitive has raised an undisclosed amount of funding from Enzen Global. The company will use the new round of funding for expanding its presence geographically.

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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