Daily Deal Activity 09/29/16

Digital Media/Commerce

mobile content/apps

Mobile payments app developer Viva Republica has raised $23.7 million in Series B funding led by Goodwater Capital and Qualcomm Ventures with participation from Altos Ventures. The company will use the new round of funding for expanding its presence internationally.

niche content

Global markets news and analysis provider Benzinga has raised $3 million in a round of funding from WorldQuant Ventures and Detroit Venture Partners. The company will use the funding for expanding its sales and editorial divisions.

digital advertising

mobile marketing

France-based mobile ad synchronization platform Sync has raised $2.2 million in a round of funding from Idinvest Partners and Entrepreneur Venture. The company will use the new round of funding for product development initiatives.

Marketing Technology

ad serving

Programmatic advertising company AppNexus has raised $31 million in a round of funding from News Corp. and Yahoo Japan. The investment will see AppNexus strengthen its partnership with News Corp across its real estate, news, and technology assets.

crm

Contract lifecycle management company Apttus has raised $88 million in a round of funding from Iconiq Capital, K1 Investment Management, and Kuwait Investment Authority. The company will use the funding for expanding operations.

crm, social media/apps

Nonprofit and private community social networks developer Higher Logic has raised $55 million in a round of funding from JMI Equity. The company will use the new round of funding for expanding its presence in the commercial sector.

sfa/lead management

Account based marketing sales platform Folloze has raised $7.3 million in a round of funding led by Canvas Ventures and New Enterprise Associates with participation from Cervin Ventures. The company will use the funding for expanding its customer success division.

social technology

SaaS-based copyright infringement detection solution Red Points has raised $2.2 million in a round of funding from Mangrove Capital Partners. The company will use the new round of funding for expanding its presence in the US.

agency & Marketing services

specialty agency

Publishing and rights management company ole has acquired rights management company Compact Media. The acquisition provides ole with complementary service offerings for its Audio Visual IP and AVSR businesses. Terms of the deal were not disclosed.

Software

collaboration

VoIP & unified communications software developer Cirpack has acquired professional social network and collaboration solution Amplement. The acquisition provides Cirpack with expanded employee communication offerings. Terms of the deal were not disclosed.

collaboration

Internal communication and knowledge management platform Simpplr has raised $6 million in Series A funding led by Norwest Venture Partners with participation from Salesforce Ventures. The company will use the funding for expanding the capabilities of its employee community product.

data management

Object storage software developer Caringo has raised $8.8 million in Series B funding from New Science Ventures and Advantage Capital Partners. The company will use the new round of funding for marketing efforts.

financial

Cloud treasury management solutions company Kyriba has raised $23 million in a round of funding led by Bpifrance with participation from HSBC and Daher Capital. The company will use the new round of funding for product development efforts.

financial, data management

Marquis Software Solutions, a developer of data analytics software for financial institutions, has been acquired by Falfurrias Capital Partners. The acquisition provides Marquis with the resources for expanding within the financial services market. Terms of the deal were not disclosed.

erp

Parking management technology developer T2 Systems has been acquired by Thoma Bravo from Pamlico Capital. The acquisition provides T2 Systems with the resources for expanding operations. Terms of the deal were not disclosed.

healthcare

Telemedicine software solutions company Salus Telehealth has acquired competitor Video Medicine. The acquisition provides Salus with expanded capabilities for tis direct to consumer healthcare application. Terms of the deal were not disclosed.

healthcare

SaaS-based healthcare workforce management solution ShiftWizard has raised $3 million in a round of funding from Rolling Hills Ventures and Resolute Venture Partners. The company will use the new round of funding for customer acquisition initiatives.

infrastructure

Container lifecycle management platform Codefresh has raised $7 million in a round of funding led by Carmel Ventures with participation from Hillsven Capital, Streamlined Ventures, and UpWest Labs. The company will use the new round of funding for expanding its engineering division.

security

Autonomous vehicle cybersecurity company Karamba Security has raised $2.5 million in a round of funding led by Fontinalis Partners with participation from YL Ventures. The company will use the funding for platform development initiatives.

security

Automated website attack prevention solutions developer Shape Security has raised $15 million in a round of funding from Hewlett Packard Enterprises. The new investment completes Shape Security’s $40 million Series D.

business services

credit/risk management consulting

Risk management and regulatory compliance consulting services provider Promontory Financial Group has been acquired by IBM. The acquisition will be complementary to IBM Watson’s banking artificial intelligence capabilities. Terms of the deal 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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