Daily Deal Activity 08/29/16

Digital Media/Commerce

ecommerce

Mobile sneaker marketplace Goat has raised $5 million in a round of funding led by Matrix Partners with participation from Upfront Ventures and Webb Investment Network. The company will use the new round of funding for expanding its engineering division.

ecommerce

On-demand grocery startup HappyFresh has raised an undisclosed amount of Series B funding led by Samena Capital with participation from Vertex Ventures and Sinar Mas Digital Ventures. The company will use the new round of funding for expanding its presence geographically.

ecommerce

India-based furniture design and buying site Livspace has raised $15 million in a round of funding led by Bessemer Venture Partners with participation from Jungle Ventures and Helion Ventures. The company will use the new round of funding for scaling operations.

ecommerce

Germany-based fashion retailer TriStyle has acquired online fashion retailer Long Tall Sally from Amery Capital for $39.3 million. The acquisition provides TriStyle with expanded online offerings. Long Tall Sally financial information was not disclosed.

ecommerce

Small businesses online shopping site Notonthehighstreet.com has raised $27.5 million in a round of funding led by Hubert Burda Media with participation from Index Ventures, Industry Ventures, and Eight Roads Ventures. The company will use the new round of funding for expanding its partnership community.

ecommerce

India-based food delivery platform Runnr has raised $7 million in a round of funding from Nexus Venture Partners and Blume Venture Partners. The company will use the new round of funding for platform development initiatives.

mobile content/apps, ecommerce

Mobile fashion and beauty marketplace LYKE has raised $4 million in Series A funding led by Holtzbrinck Ventures with participation from APACIG. The company will use the new round of funding from expanding its presence in Southeast Asia.

mobile content/apps

Restaurant discovery and instant booking platform Velocity has raised $22.5 million in Series B funding led by DIG Investments with participation from private investors. The company will use the funding for expanding its presence internationally.

social media/apps

Personalized video channel platform Rheo has raised $2.3 million in a round of funding led by Accomplice with participation from Pathbreak Ventures, Social Capital, and Social Starts. The company will use the funding for expanding its distribution partnership with Vimeo.

digital advertising

mobile marketing, social media/apps

Cross-device advertising solutions company engage:BDR has raised $7.4 million in a round of funding from private investors. The company will use the funding for acquiring artist discovery platform and creative social network mydiveo. Terms of the deal were not disclosed

Marketing Technology

analytics & targeting

eCommerce analytics provider One Click Retail has been acquired by Ascential for $44 million in cash. The acquisition includes up to $225 million in additional earn-out potential through February of 2020. One Click has reported 2015 revenues of $4.9 million and EBITDA of $3.4 million, representing a revenue multiple of 9x and an EBITDA multiple of 13x.

market research

Kenya-based mobile-based research platform mSurvey has raised an undisclosed amount of funding from Safaricom. The company will use the new round of funding for expanding its geographic presence throughout Africa.

media management platform

Digital media supply chain platform Mediamorph has raised $21.2 million in Series C funding led by Advance Vixeid Partners and Lee Equity Partners with participation from Liberty Global Partners and Smedvig Capital. The company will use the funding for product development efforts.

mrm/workflow management

B-to-B procurement platform Vroozi has raised $4 million in a round of funding from Ally Holdings. The company will use the new round of funding for expanding operations and sales initiatives within the US and Europe.

Software

collaboration

Bolste, developer of a collaborative operating system for small businesses, has raised $1.2 million in a round of funding from private investors. The company will use the new round of funding for hiring talent.

erp

Enterprise resource planning software developer Cimdata has been acquired by Alpina Partners. The acquisition will see Cimdata collaborate with Alpina’s enterprise resource planning portfolio company Oxaion. Terms of the deal were not disclosed.

financial

Cloud-based accounting services provider Spotlight Reporting has raised $3.6 million in Series A funding from undisclosed investors. The company will use the new round of funding for expanding its presence internationally.

geo-demo

Indoor mobile positioning technology developer sensewhere has raised $1.8 million in a round of funding from Scottish Enterprise. The company will use the new round of funding for research and development initiatives.

virtualization, data management

Enterprise virtualization and storage platform provider Nutanix has acquired data center automation platform Calm.io and will acquire flash virtualization solutions company PernixData. The acquisitions provide Nutanix with a bolstered data center offering. Terms of the deals 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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