Daily Deal Activity 11/09/16

Digital Media/Commerce

ecommerce

Car sharing company Getaround has raised an undisclosed amount of funding from Toyota Motor Company. The company will use the new round of funding for platform integration efforts while expanding its geographic presence.

ecommerce

Consumer charter bus reservation platform Buster has raised $1.1 million in a round of funding from General Catalyst and Allen & Company. The company will use the new round of funding for hiring talent.

 

mobile content/apps

Digital wedding planning startup Joy has raised $4.5 million in a round of funding led by Sierra Ventures and Matrix Partners with participation from Liquid 2 Ventures and Fuel Capital. The company will use the funding for product development efforts.

mobile content/apps

UK-based banking app developer Loot has raised $2.5 million in a round of funding from SpeedInvest and Global Founders Capital. The company will use the new round of funding for expanding its presence within Europe.

digital advertising

India-based job search IIMJobs has raised $2 million in Series A funding from Tracxn Labs and India Quotient. The company will use the new round of funding for expanding the presence of its network internationally.

Marketing Technology

content management

Content marketing technology developer Primeloop has been acquired by retargeting services provider Inbound Retarget Links. The acquisition is complementary to Inbound’s ad campaign management platform. Terms of the deal were not disclosed.

website creation/hosting

Warburg Pincus will acquire a 33 percent stake in web-hosting business 1&1 Internet from United Internet in a transaction valuing the company at $1.2 billion. The acquisition will reportedly delay United Internet’s possible initial public offering for at least one year. Financial information was not disclosed.

traditional media

entertainment media

Television production company F2 Media has been acquired by television network Ride Television. The acquisition coincides with Ride Television’s production program expansion strategy. Terms of the deal were not disclosed.

Software

big data

Smart Grid big data integration platform Greenbird Integration Technology has raised $5 million in a round of funding from Starkraft Ventures and ETF Partners. The company will use the new round of funding for expanding its engineering division.

data management

SaaS-based security and law enforcement report management company Competitive Edge Software has been acquired by The Riverside Company. The acquisition provides Competitive Edge with the resources for pursuing strategic acquisition opportunities. Terms of the deal were not disclosed.

financial

UK-based investor relations company Baxon Solutions has been acquired by alternative assets industry data platform Preqin. The acquisition provides Preqin with an expanded portfolio management offering. Terms of the deal were not disclosed.

financial

Retirement income planning software RetireUp has raised an undisclosed amount of funding from Annexus Ventures. The company will use the new round of funding for expanding its registered representatives network.

security

Account takeover protection solutions company Castle has raised $2 million in a round of funding led by First Round Capital with participation from F-Prime Capital. The company will use the new round of funding for expanding operations.

security

Network security analytics platform Cyber Algorithms has been acquired by privileged account management solutions provider Thycotic. The acquisition provides Thycotic with a strengthened security operation teams offering. Terms of the deal were not disclosed.

security

Identity management company OneLogin has acquired mobile device management security company Sphere Secure Workspace. The acquisition will provide OneLogin with expanded mobile capabilities. Terms of the deal were not disclosed.

information

healthcare information

Pharmaceutical industry commercial information provider Evaluate Group has raised received an undisclosed amount of equity funding from HgCapital. The company will use the new round of funding for scaling operations.

healthcare information

Career marketplace Hired has raised $30 million in funding from Glenmede Trust and Ontario Pension Board. The new investment is an extension of the company’s $40 million Series C round. The company will use the funding for expanding headcount.

business services       

it consulting

India-based local transport and logistics company GO-JEK has acquired mobile app development company Leftshift. The acquisition provides GO-JEK with an expanded engineering division. Terms of the deal were not disclosed.

it consulting, security 

UK-based network infrastructure integration and security services firm ITC Secure Network has been acquired by C5 Capital for $29.8 million. ITC has reported LTM revenues for the period ending December 31st 2015 of $21.4 million, representing a 1.4x revenue multiple.

it consulting

Canada-based ServiceNow consulting and implementation services firm Nashco Consulting has been acquired by Accenture. The acquisition provides Accenture with a strengthened ServiceNow practice in North America. Terms of the deal were not disclosed.

training

China-based online education firm SmartStudy.com has raised $30 million in Series B funding from undisclosed investors. The company will use the new round of funding for launching new tutoring programs.

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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