Daily Deal Activity 11/02/16

Digital Media/Commerce

digital marketplace

Wedding vendor marketplace Borrowed & Blue has raised $7 million in Series A funding led by Foundry Group with participation from Foxhaven Asset Management, Accomplice VC, Galvanize Ventures, and Service Provider Capital. The company will use the new round of funding for expanding its marketing division.

ecommerce

Online food delivery company Ando has raised $7 million in Series A funding led by Forerunner Ventures with participation from BoxGroup and Wildcat Venture Partners. The company will use the new round of funding for expanding its geographic presence.

ecommerce

Singapore-based web grocery startup RedMart has been acquired by Alibaba-owned Indonesia-based eCommerce platform Lazada. The acquisition provides Lazada with an expansion into new product categories. Terms of the deal were not disclosed.

Marketing Technology

Analytics & targeting

AirPR, a developer of analytics tools for the public relations industry, has raised $5 million in Series B funding led by Storm Ventures with participation from Salesforce Ventures, Mohr Davidow Ventures, and Correlation Ventures. The company will use the funding for building out its measurement tools offering.

Analytics & targeting

Automotive industry predictive analytics platform automotiveMastermind has raised an undisclosed amount of funding from JMI Equity. The company will use the new round of funding for building out its customer service offerings.

Analytics & targeting

Mobileum, a provider of big data analytics solutions to telecom service providers, has been acquired by Audax Private Equity. The acquisition provides Mobileum with the resources for exploring potential strategic acquisition opportunities. Terms of the deal were not disclosed.

Analytics & targeting

SaaS-based web optimization solutions company Zarget has raised $6 million in Series A funding led by Sequoia Capital with participation from Accel Partners and Matrix Partners. The company will use the new round of funding for scaling operations.

content management

Digital content organization solutions company Atlas Informatics has raised $20.7 million in a round of funding from Microsoft Ventures and Aspect Ventures. The company will use the new round of funding for product development efforts.

market research

KLH Capital has partnered with the management team of consumer products research company Q Research Solutions to complete a management buyout. The acquisition provides Q Research with the resources for expanding its service offerings. Terms of the deal were not disclosed.

mobile technology

Multiscreen applications technology developer Phunware has raised $22 million in a round of funding from Khazanah Nasional Berhard with participation from Wavemaker Partners and PLDT Capital. The company will use the funding for expanding its presence internationally.

mrm/workflow management

Subscription renewal solutions and customer engagement platform Preact has been acquired by Spotify. The acquisition provides Spotify with strengthened customer churn reduction capabilities. Terms of the deal were not disclosed.

agency & marketing services

design agency

UK-based digital products design agency Foolproof has been acquired by India-based IT services company Zensar Technologies. The acquisition provides Zensar with an expanded client base. Terms of the deal were not disclosed.

traditional media

b-to-b media

Germany-based fashion trade show Show & Order has been acquired by fashion trade shows operator Premium Group. The acquisition provides Premium Group with an expanded international presence. Terms of the deal were not disclosed.

Software

big data

Artificial intelligence and unstructured data solutions company Voyager Labs has raised $100 million in a round of funding from Horizons Ventures, OCAPAC, and private investors. The company will use the new round of funding for research and development initiatives.

cloud computing

Application and cloud hosting company Contegix has received an undisclosed investment from Strattam Capital. The company will use the new round of funding for hiring talent while expanding its customer base.

erp

Fleetmatics (NYSE:FLTX) has acquired Germany-based fleet management software developer TrackEasy. The acquisition will provide Fleetmatics with an expanded sales and geographic presence within Europe. Terms of the deal were not disclosed.

financial

Point-of-sale technology developer Flexiti Financial has raised $5 million in a round of funding from Globalive Capital. The company will use the new round of funding for hiring talent and product development initiatives.

healthcare

Patient preparation platform PeerWell has raised $2.1 million in a round of funding from XSeed Capital. The company will use the new round of funding for expanding headcount while building out mobile capabilities.

security

Ireland-based cybersecurity startup Barricade has been acquired by IT security and data protection firm Sophos. The acquisition provides Sophos with strengthened server breach offerings. Terms of the deal were not disclosed.

security

Application security management platform Fleetsmith has raised $3.1 million in a round of funding from Index Ventures and Harrison Metal. The company will use the new round of funding for expanding headcount.

security

Email authentication service ValiMail has raised $12 million in Series A funding led by Shasta Ventures with participation from Flybridge Capital and Bloomberg Beta. The company will use the new round of funding for expanding its engineering division.

software development tools

Otonomo, developer of a platform for developing connected car applications, has raised $12 million in a round of funding from Bessemer Venture partners and StageOne Ventures. The company will use the new round of funding for expanding operations.

software development tools

Internet of things platform developer Relayr has raised $23 million in a round of funding led by Munich Re/HSB Ventures with participation from Kleiner Perkins Caufield & Byers and Munich Ventures. The company will use the new round of funding for product development efforts.

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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