Daily Deal Activity 09/14/16

Digital Media/Commerce

digital marketplace

India-based classifieds company Quikr has acquired online beauty services marketplace StayGlad. The acquisition will see StayGlad integrated into Quickr’s beauty service brand AtHomeDiva. Terms of the deal were not disclosed.

ecommerce

Online fashion company Dia&Co has raised $20 million in Series C funding led by Sequoia Capital with participation from Lerer Hippeau Ventures and Maveron. The company will use the funding for expanding its customer base.

social media/apps

Music messaging platform Rednote has raised $2.6 million in a round of funding from Northwood Ventures. The company will use the new round of funding for expanding its partnership network with content platforms.

digital advertising

comparison shopping, product/price information

Australia-based digital mortgage search and comparison platform Uno has raised $16.5 million in a round of funding from WestPac. The company will use the new round of funding for expanding its presence domestically.

digital video

Online video distribution company ADman Interactive has been acquired by Agile Content for $4.6 million. The acquisition includes up to an additional $4 million based on financial variable objectives. ADman Interactive financial information was not disclosed.

vertical search

Travel search site Hipmunk has been acquired by business travel and invoice management solutions company Concur Technologies. The acquisition will see Hipmunk integrated in Concur’s existing search offering. Terms of the deal were not disclosed.

Marketing Technology

analytics & targeting

Marketing campaign measurement company Optimove has raised $20 million in a round of funding from Israel Growth Partners. The company will use the new round of funding for research and development initiatives.

analytics & targeting

Customer engagement monitoring solutions developer Totango has raised $8 million in Series C funding led by Benamou Global Ventures with participation from Pitango Ventures, Canvas Ventures, and Interwest Partners. The company will use the new round of funding for expanding its presence internationally.

email/messaging software, collaboration software

Cloud business applications company Intermedia.net has been acquired by Madison Dearborn Partners from Oak Hill Capital Partners. The acquisition provides Intermedia.net with the resources for exploring potential strategic acquisitions. Terms of the deal were not disclosed.

market research, b-to-b media

Mobile products market research and events company Mobilocity has been acquired by telecom management best practices company AOTMP. The acquisition will see AOTMP build out Mobilocity’s Mobility Awards program. Terms of the deal were not disclosed.

teleservices/eservices

UK-based SaaS-based customer communications platform ContactEngine has raised $2.6 million in a round of funding from Amadeus Capital Partners and Beringea. The company will use the new round of funding for expanding its presence internationally.

teleservices/eservices

Inbenta, a developer of customer support chatbot solutions, has raised $12 million in Series B funding led by Level Equity with participation from Scale Capital. The company will use the funding for marketing and sales efforts.

traditional media

broadcast television

UK-based broadcasting services provider Gravity Media Group has raised an undisclosed amount of funding from TowerBrook Capital Partners. The company will use the new round of funding for scaling operations.

Software

application management

Multi-screen video and TV applications interface developer You.i TV has raised $12 million in a round of funding from Time Warner Investments, Kayne Anderson Capital Advisors, and Vistara Capital Partners. The company will use the new round of funding for expanding its partner channel network.

collaboration

Visual communication and collaboration platform developer Lucid Software has raised $36 million in a round of funding led by Spectrum Equity with participation from Grayhawk Capital. The company will use the funding for building out its diagramming solutions.

erp

China-based SaaS-based transportation management platform oTMS has raised $25 million in Series B funding from Kuaidi Dache, Baidu, Chengwei Capital, and Matrix Partners. The company will use the funding for expanding sales initiatives.

financial

Cloud-based payout automation platform Tipalti has raised $14 million in a round of funding from SGVC. The company will use the new round of funding for expanding headcount in its sales and marketing divisions.

healthcare

Cloud medical image management software developer Ambra Health has raised $6 million in a round of funding from Canaan Partners. The company will use the new round of funding for product development efforts.

hr

Talent acquisition software company Yello has raised $4.2 million in Series B funding led by Argentum with participation from First Analysis. The company will use the funding for expanding its engineering division.

infrastructure

Infrastructure automation solutions company Packet has raised $9.4 million in Series A funding from SoftBank. The company will use the new round of funding for expanding its cloud marketplace internationally.

software development tools

Application quality tools developer Applause has raised $35 million in a round of funding from Direct Equity Partners with participation from Accenture, Goldman Sachs’ Merchant Banking Division, QuestMark Partners, Scale Venture Partners, Longworth Venture Partners, and MassVentures. The company will use the funding for expanding its digital testing services.

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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