Daily Deal Activity 08/24/16

Digital Media/Commerce

digital marketplace

Online classifieds site operator One Africa Media has raised $2 million in a round of funding from SEEK. The company will use the new round of funding for building out its presence domestically while expanding headcount.

ecommerce

Online dermatology platform Curology has raised $15 million in Series B funding led by Advance Vixeid Partners with participation from Sherpa Capital and Forerunner Ventures. The company will use the funding for expanding its visual design division.

mobile content/apps

Instapaper, developer of an app for saving articles and reading items, has been acquired by Pinterest. The acquisition will see Instapaper integrated into Pinterest’s platform. Terms of the deal were not disclosed.

mobile content/apps, ecommerce

China-based bike sharing app developer Mobike has raised $10 million in Series B funding led by Panda Capital with participation from Joy Capital. The company will use the new round of funding for expanding its presence geographically.

social media/apps, geo-demo software

Online social mapping and navigations solutions company CityMaps has been acquired by TripAdvisor. The acquisition will be complementary to TripAdvisor’s existing mapping features. Terms of the deal were not disclosed.

digital advertising

mobile marketing

Israel-based mobile programmatic advertising platform Bigabid has raised $2 million in a round of funding from private investors. The company will use the new round of funding for expanding its presence within the Middle East.

Marketing Technology

content management, content delivery network

Video streaming technology and content management platform Panopto has raised $42.8 million in a round of funding from Sterling Partners and Square 1 Bank. The company will use the funding for expanding operations.

sem/seo tools

Enterprise search engine optimization platform Linkdex has been acquired by content marketing platform ScribbleLive. The acquisition provides ScribbleLive with expanded SEM capabilities for its platform. Terms of the deal were not disclosed.

agency & Marketing Services

digital agency   

UK-based digital agency Rippleffect has been acquired by Idox for $2.6 million. The acquisition will see Rippleffect integrated into Idox’s digital arm Reading Room. Rippleffect has reported 2015 revenues of $8.3 million.

public relations

Public relations firm BJC Public Relations has been acquired by public relations agency Santy. The acquisition will provide Santy with an expanded geographic presence. Terms of the deal were not disclosed.

tradtional media

entertainment media

Production studio Ruckus Factory Digital Studios has been acquired by video production and distribution services company Zazoom Media Group. The acquisition provides ZMG with expanded content creation capabilities. Terms of the deal were not disclosed.

entertainment media

Virtual reality content and experiences studio Surreal has been acquired by STX Entertainment. The acquisition provides STX with strengthened virtual reality capabilities within its music and television divisions. Terms of the deal were not disclosed.

Software

big data

Optimization software developer SigOpt has raised $6.6 million in Series A funding led by Andreessen Horowitz with participation from Data Collective, SV Angel, and Blumberg Capital. The company will use the funding for product development.

enterprise mobility

Enterprise mobility platform SkyGiraffe has raised $6 million in a round of funding led by SGVC with participation from Trilogy Equity Partners. The company will use the new round of funding for platform development initiatives.

erp

Supply chain integration solutions company AdapChain has been acquired by retail planning solutions company Logility. The acquisition provides Logility with expanded capabilities for its enterprise resources planning offering. Terms of the deal were not disclosed.

financial

Personal finance solutions developer Meniga has raised $8.2 million in a round of funding from Velocity Capital and Frumtak Ventures. The company will use the new round of funding for expanding its offerings for retail banks and merchants.

geo-demo

DroneDeploy, developer of cloud-based mapping software for commercial drones, has raised $20 million in Series B funding led by Scale Venture Partners with participation from High Alpha Capital. The company will use the funding for expanding into new industries.

hr

Talent acquisition technology platform Genesys Talent has raised $2.1 million in a round of funding from private investors. The company will use the new round of funding for expanding its sales and marketing divisions.

security

Industrial control cybersecurity company Dragos has raised $1.2 million in a round of funding from DataTribe and private investors. The company will use the new round of funding for hiring talent while expanding operations.

security

Identity and access management software developer Identity Automation has acquired authentication and cybersecurity solutions company 2FA. The acquisition provides Identity Automation with an expanded single sign-on offering. Terms of the deal were not disclosed.

software development tools

China-based app development testing services provider Testin has raised $30 million in Series C funding from undisclosed investors. The company will use the new round of funding for expanding its engineering division.

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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