Daily Deal Activity 11/15/16

Digital Media/Commerce

ecommerce

India-based furniture and appliance marketplace GoZefo has raised $5.9 million in a round of funding from Sequoia Capital, Beenext, and Helion Venture Capital. The company will use the new round of funding for expanding its geographic presence.

ecommerce

Online nutrition supplements retailer Sporter.com has been acquired by UAE-based private equity firm Gulf Capital. The acquisition provides Sporter.com with the resources for expanding its presence internationally. Terms of the deal were not disclosed.

gaming

India-based mobile social gaming startup PlaySimple Games has raised $5 million in Series A funding from SAIF Partners and IDG Ventures. The company will use the new round of funding for launching new gaming titles.

mobile content/apps

Patient medication management app Echo has raised $2.2 million in a round of funding led by LocalGlobe with participation from Global Founders Capital. The company will use the new round of funding for expanding its user base.

mobile content/apps

Local travel experience and booking app Musement has raised $10 million in Series B funding from Programma 101, 360 Capital Partners, and private investors. The company will use the new round of funding for expanding operations.

digital advertising

digital video

Video content metadata company The Video Genome Project has been acquired by Hulu. The acquisition will provide Hulu with expanded capabilities for its planned live TV streaming service. Terms of the deal were not disclosed.

mobile marketing, mobile technology

Mobile local search and advertising network xAd has raised $42.5 million in Series E funding led by Eminence Capital with participation from W Capital, Institutional Venture Partners, and Emergence Capital. The company will use the investment proceeds for acquiring Internet of Things sensor data company WeatherBug. Terms of the deal were not disclosed.

Marketing Technology

Analytics & targeting

IT analytics and insights solution Logz.io has raised $16 million in a round of funding from OpenView, 83North, and Giza Venture Capital. The company will use the new round of funding for product development efforts.

commerce management

Accenture has acquired a minority stake in eCommerce consumer personalization platform RichRelevance. The transaction will provide Accenture Interactive with expanded personalization capabilities while providing RichRelevance with an expanded market footprint. Terms of the deal were not disclosed.

commerce management

SaaS-based eCommerce acceleration platform Yottaa has raised $13 million in a round of funding led by Stata Venture Partners with participation from General Catalyst. The company will use the new round of funding for expanding its sales and marketing divisions.

agency & Marketing services

Digital agency

Globant has acquired digital transformation and consulting services company L4 Mobile in a transaction valued at $20 million. The acquisition will provide Globant with an expanded geographic presence within the US. Financial information was not disclosed.

Software

cloud computing

Data pattern detection and machine-learning company Wise.io has been acquired by GE Digital. The acquisition will see Wise.io integrated into GE Digital’s Predix Platform. Terms of the deal were not disclosed.

erp

Supply chain visibility software developer MacroPoint has raised $44 million in a round of funding from Susquehanna Growth Equity. The company will use the new round of funding for product development initiatives.

financial

Digital transaction management platform eOriginal has raised $26.5 million in a round of funding from LLR Partners. The company will use the new round of funding for expanding its presence in the digital mortgage space.

financial

UK-based wealth management software developer Nutmeg has raised $37.3 million in a round of funding from Convoy with participation from Balderton Capital and Armada Investment Group. The company will use the new round of funding for expanding its presence domestically.

healthcare

Medical group’s workflow and patient engagement platform CareCloud has raised $31.5 million in Series C funding led by Blue Cloud Ventures with participation from PNC Financial Services Group, First Data Corporation, Norwest Venture Partners, Intel Capital, Tenaya Capital, and Adams Street Partners. The company will use the new round of funding for expanding headcount.

healthcare

Hospital monitoring solutions company Stasis Labs has raised $5 million in a round of funding led by RTP Ventures with participation from Wonder Ventures and Techstars Ventures. The company will use the funding for expanding its presence in the US.

hr

Employee assessment and hiring platform CoCubes.com has been acquired by AON Hewitt. The acquisition will provide AON with expanded hiring assessment solution capabilities. Terms of the deal were not disclosed.

hr

Employee performance platform Zugata has raised $7 million in Series A funding led by Canaan Partners with participation from General Catalyst and Redpoint Ventures. The company will use the new round of funding for expanding its marketing division.

security

Threat intelligence solutions company Apvera has raised $1.7 million in a round of funding led by ACP with participation from Nest Ventures. The company will use the new round of funding for building out sales initiatives.

security

Security operations platform Siemplify has raised $10 million in a round of funding led by 83North and G20 Ventures with participation from Greylock Partners. The company will use the new round of funding for expanding its presence internationally.

software development

Web and mobile application testing platform developer Sauce Labs has raised $70 million in a round of funding from Centerview Capital Technology, Institutional Venture Partners, and Adams Street Partners. The company will use the new round of funding for building out its mobile offering.

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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