Daily Deal Activity 09/19/16

Digital Media/Commerce

digital marketplace

Car auction platform ACV Auctions has raised $5 million in a round of funding led by Tribeca Venture Partners with participation from SoftBank, Armory Square Ventures, and Rand Capital. The company will use the funding for expanding operations.

digital marketplace, social media/apps

UK-based mobile and social shopping app Depop has raised $8.3 million in a round of funding from Balderton Capital, Holtzbrinck Ventures, and Red Circle Investments. The company will use the new round of funding for expanding its presence in the US.

digital marketplace

Spain-based travel experience and activity booking company Trip4Real has been acquired by Airbnb in a deal valued between $5.6 million and $11.2 million. The acquisition will see Trip4Real broaden its offerings beyond accommodation-booking as it looks to expand its presence in Latin America. Trip4Real financial information was not disclosed.

ecommerce

India-based food delivery startup Swiggy has raised $15 million in a round of funding from Bessemer Venture Partners. The company will use the new round of funding for expanding its restaurant partnership network.

gaming

Singapore-based game development studio Inzen Studio has been acquired by iCandy Interactive for $4.4 million. The acquisition provides Inzen with the resources for launching new titles. Inzen Studio financial information was not disclosed.

Marketing Technology

content management

Brand engagement platform Synqy has raised $4.5 million in a round of funding from undisclosed investors. The company will use the new round of funding for expanding its presence in the consumer product goods and electronics sectors.

agency & marketing Services

promotion agency

Promotion and event marketing firm BFG Communications has been acquired by agency and media businesses network Eastport Holdings. The acquisition provides BFG with the resources for expanding its geographic presence. Terms of the deal were not disclosed.

public relations

India-based public relations firm Perfect Relations has been acquired by Dentsu Aegis Network. The acquisition provides Dentsu with an expanded public relations offering in India. Terms of the deal were not disclosed.

Software

collaboration

Enterprise communication app developer APPrise Mobile has raised $1 million in a round of funding from TMT Investments. The company will use the new round of funding for sales and marketing initiatives.

engineering

SaaS-based energy management and analytics solutions developer EFT Energy has been acquired by Koch Industries. The acquisition will see EFT integrated within both Koch’s Technology and Optimization division and Minerals division. Terms of the deal were not disclosed.

erp

Travel and passenger distribution software developer Radixx International has raised an undisclosed amount of funding from TA Associates. The company will use the new round of funding for product development initiatives.

financial

UK-based mobile wallet app developer Curve has raised $4.6 million in a round of funding from Connect Ventures. The company will use the new round of funding for building out its partnerships with financial institutions.

financial

Small business sales tax solutions developer LumaTax has raised $2 million in a round of funding from Madrona Venture Group and Greycroft Partners. The company will use the new round of funding from expanding operations.

hr

Permira Advisors will acquire Germany-based human resources software solutions company P&I Personal & Informatik from HgCapital in a transaction valued at a reported $900 million. The acquisition provides P&I with the resources for expanding its presence within Europe. P&I financial information was not disclosed.

legal

Legal transaction management platform Doxly has raised $2.3 million in a round of funding from Nextlaw Ventures, High Alpha Capital, and Hyde Park Venture Partners. The company will use the funding for expanding its engineer division.

security

Data science security firm Cyberflow Analytics has been acquired by cybersecurity company Webroot. The acquisition will provide Webroot with expanded malware detection capabilities. Terms of the deal were not disclosed.

security

Network software and security company Infoblox (NYSE:BLOX) will be acquired by Vista Equity Partners for $1.6 billion. The acquisition of $26.50 per Infoblox share represents a premium of 16 percent over the company’s September 16th closing price. Infoblox has revenues of $358 million for the fiscal year ended July 31st, representing a 3.5x revenue multiple.

security

Palerra, a provider of security coverage solutions for cloud platforms, has been acquired by Oracle. The acquisition is complementary to Oracle’s over cloud security portfolio. Terms of the deal were not disclosed.

security

Cybersecurity company White Ops has raised $20 million in Series B funding led by Paladin Capital Group with participation from Grotech Ventures. The company will use the new round of funding for expanding sales internationally.

business services

it consulting

UK-based salesforce implementation services provider makepositive has raised $1.7 million in a round of funding from BOOST&Co. The company will use the new round of funding for expanding its service offerings.

training

Guild Education, a provider of employee education benefit programs, has raised $8.5 million in Series A funding led by Redpoint Ventures with participation from Social Capital, Harrison Metal, and Cowboy Ventures. The company will use the funding for expanding its university partnership network.

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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