Daily Deal Activity 09/21/16

Digital Media/Commerce

mobile content/apps, financial

Insurance product management app FinanceFox has raised $28 million in a round of funding led by Target Global and Horizons Ventures with participation from Salesforce Ventures, Idinvest, and Victory Park Capital. The company will use the new round of funding for marketing and sales initiatives.

digital marketplace

Pre-owned jewelry marketplace TrueFacet has raised $6 million in Series A funding led by Maveron with participation from Freestyle Capital, Social Leverage, and Liquid2 Ventures. The company will use the funding for expanding operations.

ecommerce

Last-minute ticketing platform Gametime has raised $20 million in Series B funding led by Accel Partners with participation from Google Ventures and Evolution Media Partners. The company will use the funding for product development efforts.

ecommerce

India-based online furniture marketplace Pepperfry has raised $31 million in a round of funding from Goldman Sachs and Norwest Venture Partners. The company will use the funding for expanding its domestic presence.

ecommerce

Home-rentals platform Sonder has raised $10 million in Series A funding led by Spark Capital with participation from Thayer Ventures, Real Ventures, and BDC Capital. The company will use the new round of funding for expanding its presence internationally.

gaming

Gambling video games developer GameCo has raised $8.3 million in a round of funding led by Javelin Venture Partners with participation from Courtside Ventures, QB1 Ventures, and Steel Partners. The company will use the round of funding for releasing new titles.

mobile content/apps

Wait-free dining app developer Allset has raised $2.4 million in a round of funding led by Metamorphic Ventures with participation from Andreessen Horowitz. The company will use the new round of funding for expanding its geographic presence.

social media/apps

Travel social network WAYN has been acquired by online travel and leisure retailer Lastminute.com. The acquisition provides Lastminute.com with expanded media and content offerings. Terms of the deal were not disclosed.

Marketing Technology

crm

Sales team customer relationship management app Troops has raised $7 million in a round of funding led by Felicis Ventures with participation from Aspect Ventures, Chicago Ventures, First Round Capital, and Susa Ventures. The company will use the new round of funding for hiring talent.

agency & Marketing services

public relations

Finn Partners has raised an undisclosed minority investment from The Stagwell Group. As part of the transaction, the two firms have created and will jointly operate a new public relations agency called Wye Communication. Stagwell Group will have a controlling interest in this new firm. Terms of the deal were not disclosed.

traditional media

b-to-b media

Business events production company Connecting Point Marketing has raised an undisclosed investment from Corridor Capital. The company will use the new round of funding for building out its geographic presence.

broadcast television

Education and student campus life media company OrcaTV has been acquired by Apogee. The acquisition will see OrcaTV integrated into Apogee’s Cable TV services. Terms of the deal were not disclosed.

Software

application management

Web real-time communication solutions developer Kurento has been acquired by Twilio. The acquisition will provide Twilio with expanded developer group communication and WebRTC capabilities. Terms of the deal were not disclosed.

big data

Big data predictive analytics company Predixion Software has been acquired by Greenwave Systems. The acquisition provides Greenwave with an expanded visual analytics offering for its AXON Platform. Terms of the deal were not disclosed.

collaboration

Network communications management platform Mobilize has raised $6.5 million in Series A funding led by Trinity Ventures with participation from Floodgate Ventures, Hillsven Capital, and Array Ventures. The company will use the new round of funding for expanding headcount.

data management

Time-series data management platform InfluxData has raised $16 million in Series B funding led by Battery Ventures with participation from Mayfield Fund, Trinity Ventures, and Bloomberg Beta. The company will use the funding for product development.

financial

Equity management tools developer Capshare has raised an undisclosed amount of funding from Standish Management. The company will use the new round of funding for expanding operations within the US.

healthcare, cloud computing

Healthcare cloud provider Catalyze has raised $6.5 million in Series B funding led by Lewis & Clark Ventures with participation from Arthur Ventures, Baird Venture Partners, and Chicago Ventures. The company will use the funding for building out its healthcare integration and hosting products.

hr

Candidate screening solutions developer Imbellus has raised $4 million in a round of funding from Upfront Ventures, Thrive Capital, and Sound Ventures. The company will use the new round of funding for expanding operations.

security

Cybersecurity solutions company SecurityMatters has raised an undisclosed amount of funding led by Emerald Technology Partners with participation from KPN Ventures. The company will use the funding for expanding its sales and marketing divisions.

softwrae development tools

Application and performance testing solutions company BlazeMeter has been acquired by CA Technologies (Nasdaq:CA). The acquisition provides CA with an expanded DevOps portfolio. Terms of the deal were not disclosed.

information

credit/risk information

The Netherlands-based credit management and information provider Graydon has been acquired by credit and collections services provider Atradius. The acquisition provides Atradius with an expanded international presence. Terms of the deal were not disclosed.

business services

it consulting

Software development and consulting services provider Cyrus has been acquired by mobile application development solutions company Def Method. The acquisition provides Def Method with an expanded client base. Terms of the deal were not disclosed.

it consulting

Virtual data center services company dcBLOX has raised $15 million in a round of funding from Atalaya Capital Management. The company will use the new round of funding for expanding its geographic presence.

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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