Daily Deal Activity 11/01/16

Digital Media/Commerce

ecommerce

On-demand delivery company Postmates has raised $140 million at reported valuation of $400 million in a round of funding led by Founders Fund with participation from Fontinalis Partners. The company has raised $278 million to date, and its valuation remains unchanged from its most recent round of funding in June 2015.

ecommerce

Laundry service company ZipJet has acquired UK-based corporate laundry service provider Asteria Cleaners. The acquisition will provide ZipJet with an expanded international presence. Terms of the deal were not disclosed.

ecommerce

Direct to consumer contacts company Hubble Contacts has raised $7.2 million in a round of funding from Founders Fund, Greycroft Partners, and Wildcat Capital Management. The company will use the funding for expanding its geographic presence.

social media/apps

Singapore-based dating app Paktor has raised $32.5 million in a round of funding from K2 Global and PT Media. The company will use the new round of funding for building out its customer base and expanding its presence internationally.

Marketing Technology

ad serving

Advertising technology company Spongecell has raised $10.5 million in a combination of debt and equity financing from Safeguard Scientifics and Pivotal Capital. The company will use the investment proceeds for research and development initiatives.

Analytics & targeting

Behavioral analytics platform Interana has raised $18 million in a round of funding led by Vertex Ventures with participation from Battery Ventures, Data Collective, Fuel Capital, and Index Ventures. The company will use the new round of funding for product development efforts.

content management

Shopping experiences platform and customer conversation bot developer Expert Personal Shopper has been acquired by IBM. The acquisition will see EPS integrated into IBM’s Watson division. Terms of the deal were not disclosed.

crm

Customer engagement software developer Freshdesk has raised $55 million in a round of funding led by Sequoia Capital with participation from Accel Partners. The company will use the funding for expanding its presence internationally.

crm

Travel industry eCommerce and reservation solutions company Inntopia has acquired customer relationship management and database marketing solutions company Ryan Solutions. The acquisition provides Inntopia with an expanded customer base. Terms of the deal were not disclosed.

email/messaging software, Analytics & targeting

B-to-C predictive marketing and customer engagement solutions company Emarsys has raised $22.3 million in a round of funding from TPG Specialty Lending Europe. The company will use the new round of funding for research and development initiatives.

social technology

Classy, developer of a fundraising campaign platform solution for social enterprises, has raised $30 million in Series C funding led by JMI Equity with participation from Bullpen Capital, Galileo Partners, Mithril Capital Management, and Salesforce Ventures. The company will use the funding for expanding its design division.

traditional media

entertainment media

Virtual reality content and entertainment publisher Starbreeze has acquired visual effects company Nozon for $7.5 million. The acquisition provides Starbreeze with strengthened 3D animation capabilities. Nozon financial information was not disclosed.

Software

cloud computing

Container-based SaaS products installation platform Replicated has raised $5 million in Series A funding led by Amplify Partners with participation from Webb Investment Network, BoldStart Ventures, Founder Collective, and Mucker Capital. The company will use the new round of funding for expanding its engineering division.

healthcare

Hospital workforce solutions developer HealthCare Select has been acquired by travel nursing solutions company Aya Healthcare. The acquisition provides HealthCare select with expanded software and clinical resources. Terms of the deal were not disclosed.

security

Endpoint detection and response technology developer CounterTack has raised $10 million in a round of funding from TenEleven Ventures, Fairhaven Capital, Goldman Sachs, and Siemens Venture Partners. The company will use the new round of funding for expanding its presence within Asia.

information

financial information

Financial services data provider BrightScope has been acquired by financial services industry-focused publisher Strategic Insights. The acquisition provides Strategic Insights with expanded retirement plan data offerings. Terms of the deal were not disclosed.

hr information

Employee information and knowledge platform Axonify has raised $27 million in a round of funding from JMI Equity and BDC Capital. The company will use the new round of funding for customer acquisition efforts.

Business Services

healthcare consulting

Healthcare services company ConcertoHealth has raised $30 million in a round of funding from Arboretum and Deerfield Management Company. The company will use the new round of funding for expanding its payor partnership network.

it consulting

Microsoft High Touch and Skype Operations Framework partner House of Lync has been acquired by software portfolio management solutions company SoftwareOne. The acquisition provides SoftwareOne with an expanded customer base. Terms of the deal were not disclosed.

management consulting

Australia-based leadership development and strategic consultancy 2nd Road has been acquired by Accenture. The acquisition will see 2nd Road integrated into Accenture Strategy. 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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