Daily Deal Activity 10/27/16

Digital Media/Commerce

ecommerce

Russia-based bus ticketing platform Busfor has raised $20 million in a round of funding from Baring Vostok and Elbrus Capital. The company will use the new round of funding for expanding operations domestically and hiring talent.

ecommerce

France-based food delivery startup PopChef has raised $2.2 million in a round of funding from private investors. The company will use the new round of funding for expanding its geographic presence domestically.

mobile content/apps

Restaurant bill paying app developer Binge has been acquired by mobile direct marketing company vMobo for $3.5 million. The acquisition provides vMobo with expanded capabilities for its VClusive offering. Binge financial information was not disclosed.

niche content, digital video

Early access YouTube video subscription service Vessel will be acquired by Verizon. The acquisition will see Verizon merge Vessel’s social features into its existing products. Vessel has raised more than $130 million from investors to date. Terms of the deal were not disclosed.

social media/apps

Private community’s social network operator Imzy has raised $8 million in Series A funding from Index Ventures. The company will use the new round of funding for expanding its engineering division while focusing on research and development efforts.

digital advertising

comparison shopping

UK-based mobile phones price comparison site Sellmymobile.com has been acquired by online broadband comparison services company Decision Technologies. The acquisition provides Decision Technologies with complementary offerings. Terms of the deal were not disclosed.

digital promotion/coupon

Online local deals marketplace LivingSocial has been acquired by competitor Groupon from investors that included Amazon and T Rowe. Price. LivingSocial has raised more than $920 million to date, and the deal is expected to be non-material to Groupon’s earnings. Terms were not disclosed.

local search

UK-based healthcare appointments platform Doctify has raised an undisclosed amount of Series A funding from Amadeus Capital Partners. The company will use the new round of funding for scaling operations.

online lead generation

Car repair and protection plans marketplace ForeverCar has raised $10 million in Series A funding led by CMFG Ventures with participation from KDWC Ventures. The company will use the funding for expanding its presence within the auto insurance space.

Marketing Technology

Analytics & targeting

Germany-based customer journey analytics company Refined Labs has been acquired by cross channel marketing attribution software developer Visual IQ. The acquisition provides Visual IQ with an expanded international presence. Terms of the deal were not disclosed.

media management system

Social video creation platform Wochit has raised $13 million in a round of funding from ProSieben, SPH Media Fund, Redpoint Ventures, and Marker LLC. The company will use the new round of funding for expanding its presence internationally.

Software

application management

Application recovery management software developer Sanovi Technologies will be acquired by IBM. The acquisition provides IBM with complementary capabilities for its Business Continuity and Disaster Recovery division. Terms of the deal were not disclosed.

cloud computing

Cloud object storage systems company Cloudian has raised $41 million in a round of funding from Lenovo, Epsilon Venture Partners, DVP Investments, and Intel Capital. The company will use the funding for expanding operations internationally.

hr

Untapt, a developer of solutions for matching talent with potential employers, has raised an undisclosed amount of funding from WorldQuant Ventures. The company will use the new round of funding for expanding its presence in the US.

security

Open source application software security firm Palamida has been acquired by software licensing and security company Flexera Software. The acquisition provides Flexera with an expanded composition analysis solutions offering. Terms of the deal were not disclosed.

Business Services

it consulting

IT consulting and systems integrator Accunet Solutions has been acquired by technology integration services provider Red River. The acquisition provides Red River with an expanded geographic footprint. Terms of the deal were not disclosed.

it consulting

Application migration solutions company Donova has been acquired by messaging and collaboration technology developer Binary Tree. The acquisition provides Binary Tree with expanded Microsoft SharePoint migration offerings. Terms of the deal were not disclosed.

it consulting

IBM business partner and consulting services provider New England Systems has been acquired by IT solutions company Micro Strategies. The acquisition provides Micro Strategies with an expanded geographic presence. Terms of the deal were not disclosed.

training

Online healthcare programs company eMindful has raised $6.9 million in a round of funding from LFE Capital with participation from One Earth Capital. The company will use the new round of funding for marketing and sales initiatives.

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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