Daily Deal Activity 09/09/16

Digital Media/Commerce

mobile content/apps, ecommerce

China-based ride hailing company Didi Chuxing has raised $120 million at a reported valuation of $33.7 billion from Foxconn. The company will use the funding for exploring potential partnership opportunities with Foxconn.

ecommerce

Luggage eCommerce company Away has raised $7 million in a round of funding led by Global Founders Capital with participation from Forerunner Ventures, Accel Partners, Comcast Ventures, and Starwood Hotels. The company will use the funding for expanding its presence internationally.

digital advertising

online lead generation, financial information

Financial advice company SmartAsset has raised $12 million in Series B funding led by IA Capital Group with participation from TTV Capital, Contour Ventures, Javelin Venture Partners, New York Life, Transamerica Ventures, and Fitz Gate Ventures. The company will use the funding for hiring talent.

Marketing Technology

ad serving

Programmatic ad buying and campaign management platform Beeswax has raised $11 million in a round of funding from RRE Ventures and Foundry Group. The company will use the new round of funding for platform development initiatives.

ad serving

SaaS-based mobile engagement and loyalty platform SessionM has raised $35 million in a round of funding led by General Atlantic with participation from Salesforce Ventures, Causeway Media Partners, Charles River Ventures, Highland Capital Partners, and Kleiner Perkins Caufield & Byers. The company will use the funding for expanding its presence internationally.

analytics & targeting

Mobile targeting and identity scoring platform Juvo has raised $14 million in a round of funding from Wing Venture Capital, Freestyle Capital, and private investors. The company will use the new round of funding for expanding operations.

content management

SaaS-based educational content management company Finalsite has been acquired by Bridge Growth Partners from Spectrum Equity. The acquisition provides Finalsite with the resources for expanding its position in the education technology market. Terms of the deal were not disclosed.

content management

Video creation platform WSC Sports has raised $12 million in a round of funding led by Intel Capital with participation from private investors. The company will use the new round of funding for expanding its presence in the sports video highlights market.

crm

Restaurant customer relationship management and point of sales platform Salido has raised $2 million in a round of funding from private investors. The company will use the new round of funding for expanding operations.

agency & Marketing services

loyalty/retention

Automotive industry retention and loyalty marketing company Affinitiv has been acquired by CIP Capital. The acquisition provides Affinitiv with the resources for expanding operations. Terms of the deal were not disclosed.

Software

data management

Government agency data organization platform LiveStories has raised $3 million in a round of funding from True Ventures. The company will use the new round of funding for expanding its engineering division.

healthcare

Indonesia-based healthcare network platform HaloDoc has raised $13 million in Series A funding led by Clermont Group with participation from GO-Jek, Blibli.com, and NSI Ventures. The company will use the new round of funding for expanding its presence domestically.

security

Signifyd, a developer of fraud protection solutions for eCommerce companies, has raised $19 million in a round of funding from Menlo Ventures, TriplePoint Capital, and American Express Ventures. The company will use the funding for infrastructure development initiatives.

information

credit/risk information

Credit information company CRIF has acquired Taiwan-based credit information agency CCIS. The acquisition will provide CRIF with an expanded presence within Southeast Asia. Terms of the deal were not disclosed.

business services

hr consutling

Background screening and human resources solutions company Sterling Talent Solutions has acquired pre-employment background screening firm Verified Person. The acquisition provides Sterling with an expanded international customer base. Terms of the deal were not disclosed.

it consulting

Healthcare IT service provider Opportune IT Healthcare Solutions has been acquired by Streamline Health Solutions (Nasdaq:STRM). The acquisition provides Streamline with strengthened offerings for its existing coding and CDI technology division. Terms of the deal were not disclosed.

legal consulting

Legal consulting and eDiscovery services provider Consilio has acquired eDiscovery and document review services provider EQD. The acquisition provides Consilio with an expanded geographic presence. Terms of the deal were not disclosed.

logistics

Shipping solutions provider Shippo has raised $7 million in Series A funding led by Union Square Ventures with participation from Version One Ventures and SoftTech VC. The company will use the funding for expanding headcount.

training, mobile content/apps

China-based learning app Byju has raised $50 million in a round of funding from Sequoia Capital, CZI, Sofina, Lightspeed Ventures, and Times Internet. The company will use the funding for exploring international acquisition opportunities.

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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