Daily Deal Activity 10/19/16

Digital Media/Commerce

ecommerce

India-based furniture rental company Furlenco has raised $15 million in a round of funding led by Lightbox Ventures with participation from Axis Capital. The company will use the new round of funding for expanding its presence internationally.

ecommerce

India-based online travel company Ibibo Group has been acquired by MakeMyTrip (Nasdaq:MMYT) for $720 million. The combined company is valued at a reported $1.8 billion, and the transaction will see Naspers and Tencent each take a 40 percent stake in the combined entity. Ibibo Group financial information was not disclosed.

mobile content/apps

Mobile pet applications developer AllPaws has been acquired by PetSmart. The acquisition provides PetSmart with expanded technology offerings for its in-store adoption program. Terms of the deal were not disclosed.

mobile content/apps

Mobile real estate app developer Reali has raised $2 million in a round of funding from Liquid2 Ventures and Dragonfly Investments Group. The company will use the new round of funding for expanding its engineering division.

social media/apps

Photo album network Joy has raised $2.5 million in a round of funding from Obvious Ventures, BoxGroup, and The Chernin Group. The company will use the new round of funding for expanding operations.

digital advertising

local search

Apartment rental platform Zumper has raised $17.6 million in Series B funding led by Breyer Capital with participation from Foxhaven Asset Management, Kleiner Perkins Caufield & Byers, and Goodwater Capital. The company will use the funding for scaling its platform.

online lead generation, ad networks/exchanges

MUNDO Media has acquired supply side technology and performance marketing services company 36 Labs. The acquisition provides MUNDO Media with expanded offerings for demand side partners. Terms of the deal were not disclosed.

Marketing Technology

crm, mrm/workflow management

EnergySaavy, developer of a customer experience management platform for the utilities industry, has raised $14 million in Series B funding led by GXP Investments with participation from Inherent Group and Prelude Ventures. The company will use the new round of funding for product development.

email/messaging software

Mobile email and communications tools developer Notion AI has raised $9.5 million in a round of funding led by Drive Capital and Accel Partners with participation from Hyde Park Ventures. The company will use the new round of funding for building out its offerings for desktop.

social technology

Capture Media, a developer of solutions for publishers to request and search social media photos and videos, has been acquired by social media software company Tagboard. The acquisition provides Tagboard with live video publishing capabilities. Terms of the deal were not disclosed.

agency & Marketing services

design agency, marketing consulting

Financial services-focused design consulting firm Allen International has been acquired by Accenture. The acquisition will be complementary to Accenture’s branch and digital bank transformation offering. Terms of the deal were not disclosed.

Software

big data

Big data analysis and visualization platform MapD has raised an undisclosed amount of funding from In-Q-Tel. The funding is an extension of the company’s Series A round from Google Ventures, Verizon Ventures, and Vanedge Capital.

collaboration

Visual collaboration solutions company Oblong Industries has raised $65 million in a round of funding from Greenspring Associates, Industry Ventures, and Foundry Group. The company will use the funding for expanding its geographic presence.

collaboration

Document collaboration and production tools developer Xait has raised an undisclosed amount of funding from Viking Venture. The company will use the new round of funding for expanding its presence internationally.

financial

Fundraising and donor management software developer Kindful has raised $3.5 million in Series A funding from Cultivation Capital. The company will use the new round of funding for building out its sales division.

healthcare

Clinical trials software developer 4G Clinical has raised $5 million in a round of funding from Schooner Capital. The company will use the new round of funding for expanding operations while focusing on product development.

healthcare

Healthcare industry software developer Casamba will merge with ABRY Partners-backed competitors Healthwyse and TherapySource. The acquisition provides Casamba with expanded post-acute care continuum offerings. Terms of the deal were not disclosed.

healthcare

Patient engagement tools developer Kayentis has raised $3.9 million in a round of funding led by Innovation Capital with participation from Extens. The company will use the new round of funding for research and development initiatives.

security

Adware removal solutions developer AdwCleaner has been acquired by cybersecurity startup Malwarebytes. The acquisition will provide Malwarebytes with complementary Adware disposal and security offerings. Terms of the deal were not disclosed.

information

product/price information

Insurance quote estimates company Ladder has raised $14 million in a round of funding led by Canaan Partners with participation from Lightspeed Venture Partners and NYCA. The company will use the new round of funding for expanding operations.

Business Services

call center, healthcare consulting

Healthcare telesales company Connexion Point has raised an undisclosed amount of funding from Veronis Suhler Stevenson. The company will use the new round of funding for expanding its geographic presence.

it consulting

Internet of Things consulting firm 151 Advisors has acquired Internet of Things marketing intelligence and consulting company James Brehm & Associates. The acquisition provides 151 Advisors with an expanded geographic presence. Terms of the deal were not disclosed.

staffing

Healthcare staffing services provider AHS Staffing has been acquired by private equity firm BelHealth Investment Partners. The acquisition will provide AHS with the resources for exploring potential strategic acquisition opportunities.

training

Coding community operator SoloLearn has raised $1.2 million in a round of funding from Learn Capital. The company will use the round of funding for building out new community interaction and learning features.

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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