Daily Deal Activity 11/10/16

Digital Media/Commerce

digital marketplace, vertical search

UK-based mobile jobs marketplace Job Today has raised $20 million in a round of funding led by Flint Capital with participation from Astremedia, Accel Partners, Mangrove Capital, and Felix Capital. The company will use the new round of funding for expanding operations.

ecommerce

Columbia-based on-demand delivery startup Rappi has raised $9 million in a round of funding led by Andreessen Horowitz with participation from Foundation Capital and Redpoint Ventures. The company will use the new round of funding for expanding its presence geographically.

ecommerce

Online jewelry retailer Zoara has been acquired by diamond company Dalumi Group. The will provide Zoara with an expanded online product catalog and wholesaler network. Terms of the deal were not disclosed.

Marketing Technology

ad serving, digital video

Video advertising company TubeMogul (Nasdaq:TUBE) will be acquired by Adobe in a transaction valued at $540 million. The acquisition of $14 per TubeMogul share represents an 82.5 percent premium over the company’s November 9th closing price. TubeMogul has reported LTM revenues for the period ended June 30th of $202 million, representing a 2.2x revenue multiple.

Analytics & targeting

Data analytics company Analytics Media Group has been acquired by Dolan Family Ventures. The acquisition will see Analytics Media Group renamed 605 with a focus in the areas of media and entertainment. Terms of the deal were not disclosed.

crm, financial software

UK-based Agency Core, developer of SaaS-based management solutions for creative agencies, has raised an undisclosed amount of funding from Par Equity and Scottish Enterprise. The company will use the funding for expanding its presence within the UK.

crm

Customer contact management solutions provider Atelka has been acquired by TeleTech Holdings (Nasdaq:TTEC). The acquisition will see Atelka integrated into Teletech’s customer management services division. Terms of the deal were not disclosed.

crm

Customer relationship management and invoicing software developer Teamleader has raised $10.9 million in a round of funding from Fortino Capital. The company will use the new round of funding for expanding its presence within Europe.

market research

UK-based Internet of Things market research and analysis company Machina Research has been acquired by Gartner. The acquisition provides Gartner with an expanded machine-to-machine research practice. Terms of the deal were not disclosed.

marketing data

Competition data tracking company Crayon has raised $3.4 million in a round of funding from Founders Collective, Baseline Ventures, Converge Venture Partners, and BoxGroup. The company will use the new round of funding for expanding its presence internationally.

media management platform

Video content distribution and management platform ICX Media has raised $3 million in a round of funding from undisclosed investors. The company will use the new round of funding for product development and expanding its customer base.

mobile technology

Mobile private content networks platform Greenfly has raised $6 million in Series A funding led by Iconica Partners with participation from Elysian Park Ventures and Mandalay Sports Media. The company will use the new round of funding for expanding into new verticals.

social technology

Social media monitoring solutions company SentiOne has raised $3.5 million in a round of funding from Venture TFI and Trigon TFI SA. The company will use the new round of funding for expanding operations and headcount.

Software

hr

Employee engagement platform Glint has raised $10 million in a round of funding from Bessemer Venture Partners. The company will use the new round of funding for expanding operations and product development efforts.

infrastructure

Enterprise database company Neo Technology has raised $36 million in Series D funding from Greenbridge Investment Partners, Sunstone Capital, and Creandum. The company will use the new round of funding expanding marketing efforts.

legal

eProcurement systems developer Millstream Associates has been acquired by spend control software developer Proactis for $19.4 million. Millstream has reported LTM revenues for the period ended June 30th of $6.1 million and EBITDA of $2.5 million, representing 3.2x revenue multiple and a 7.8x EBITDA multiple.

security

Digital risk management company RiskIQ has raised $30.5 million in Series C funding led by Georgian Partners with participation from Summit Partners, Battery Ventures, and MassMutual Ventures. The company will use the new round of funding for expanding sales efforts.

information

financial information

SaaS-based public pension plan reporting and document access platform Public Plan IQ has been acquired by investment data company eVestment. The acquisition provides eVestment with an expanded offering for the asset management industry. Terms of the deal were not disclosed.

geo-demo information

Geospatial imagery and property data company Cape Analytics has raised $14 million in a round of funding led by Formation 8 with participation from Lux Capital, Khosla Ventures, and Promus Ventures. The company will use the new round of funding for expanding sales initiatives.

business services       

healthcare consulting, healthcare information

Advent International has acquired an undisclosed minority stake in healthcare outsourced services company inVentiv Health from Thomas H. Lee Partners in a transaction valuing the company at a reported $3.8 billion. The company will use the new round of funding for expanding its client base internationally. Terms of the deal were not disclosed.

management consulting

IT management consulting company The Nuss Group has been acquired by White Wolf Capital. The acquisition will see Nuss Group integrated into White Wolf-owned technology consulting and recruiting company Consulting Solutions International. 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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