Daily Deal Activity 11/28/16

Digital Media/Commerce

digital marketplace

China-based online used-car trading platform Tiantian Paiche has raised $100 million in Series C funding from Pagoda Investment, Tencent, and BitAuto Technology. The company will use the new round of funding for expanding market share.

ecommerce

Bed Bath & Beyond has acquired online personalized products retailer PersonalizationMall.com for $190 million in cash. The acquisition provides Bed Bath & Beyond with expanded offerings in the category of product personalization. Financial information was not disclosed.

ecommerce, vertical search

Ctrip.com will acquire UK-based travel search website Skyscanner in a transaction valued at $1.7 billion. The acquisition will provide Ctrip with an expanded international presence. Skyscanner raised $192 million at a reported valuation of $1.6 billion in January 2016. Financial information was not disclosed.

gaming

Indoor cycling social game Zwift has raised $27 million in Series A funding led by Novator Partners with participation from Shasta Ventures and Waypoint. The company will use the new round of funding for expanding operations.

social media/apps

Social video-sharing application Beme has been acquired by CNN for a reported $25 million. The acquisition will see the Beme application shut down as CNN looks build out its social capabilities. Financial information was not disclosed.

social media/apps

India-based social networking platform ShareChat has raised $4 million in Series A funding from Lightspeed Venture Partners. The company will use the new round of funding for expanding its user base.

social media/apps

Online music streaming and sharing platform Soundrop has been acquired by online music distributor CD Baby. The acquisition provides CD Baby with expanded musician marketing offerings. Terms of the deal were not disclosed.

digital advertising

digital promotion/coupon

Singapore-based fitness class subscription company KFit has acquired Groupon’s Malaysia-based operation Groupon Malaysia. The acquisition will see Groupon Malaysia integrated into KFit’s local retailer’s platform Fave. Terms of the deal were not disclosed.

mobile marketing

France-based retailer mobile performance marketing platform Fidzup has raised $3.2 million in a round of funding from CapHorn and Turenne Capital. The company will use the new round of funding for developing its commercial offering.

Marketing Technology

analytics & targeting, marketing data

Email deliverability data and analysis company Email Copilot has been acquired by Return Path. The acquisition will see Email Copilot integrated into Return Path’s existing Email Optimization solution. Terms of the deal were not disclosed.

crm

France-based retail and restaurant consumer experience management platform Wynd has raised $31.8 million in Series B funding from Sodexo Ventures, Orange Digital Ventures, and Alven Capital. The company will use the new round of funding for expanding operations.

marketing data, data quality

Data-as-a-service company DataMentors has acquired marketing data company V12 Group. The acquisition will see the combined entity operate under the name of V12 Data. Terms of the deal were not disclosed.

mobile technology

Bluebridge, a provider of mobile application engagement solutions for the tourism industry, has been acquired by destination marketing technologies company Simpleview. The acquisition provides Simpleview with expanded mobile capabilities. Terms of the deal were not disclosed.

sfa/lead management

Sales intelligence solutions company TermScout has raised $2.3 million in a round of funding from Target Partners. The company will use the new round of funding for expanding sales and marketing initiatives.

Software

big data, security

Big data technology company Palantir Technologies has raised $20 million in a round of funding from an undisclosed investor. The company has raised more than $2 billion to date at a reported valuation of $20 billion.

cloud computing

Germany-based open-source database developer ArangoDB has raised $2.3 million in a round of funding from Target Partners. The company will use the new round of funding for product development and expanding operations.

collaboration

Sweden-based virtual meetings platform Compodium has raised $1.6 million in a round of funding from Norrland Fund. The company will use the new round of funding for expanding its presence internationally.

credit/risk

Audit management platform Capital Confirmation has raised $60 million in a round of funding from Great Hill Partners. The company will use the new round of funding for research and development initiatives.

financial

China-based travel and expense management company Baoku Online has raised an undisclosed amount of Series A funding from Matrix Partners. The company will use the new round of funding for product development initiatives.

financial

Germany-based financial data aggregation platform figo has raised $7.2 million in a round of funding from DB1 Ventures. The company will use the new round of funding for expanding its presence internationally.

financial

The Netherlands-based automated banking services platform Five Degrees has raised $10.6 million in a round of funding from Karmijn Kapitaal with participation from 5square and Velocity Capital. The company will use the new round of funding for expanding operations.

financial

Online payments service Stripe has raised $150 million at a reported valuation of $9 billion in a round of funding led by CapitalG and General Catalyst Partners with participation from Sequoia Capital. The company will use the investment proceeds for exploring a potential IPO.

security

UK-based access control and workforce management solutions provider Biosite has raised $5 million in a round of funding from Mobeus Equity Partners. The company will use the new round of funding for expanding headcount.

security

Cyber threat intelligence company Soltra has been acquired by cyber threat sharing solutions provider NC4. The acquisition will provide NC4 with expanded offerings for the financial services industry. Terms of the deal were not disclosed.

software development tools

Software design automation tools developer Silexica has raised $8 million in Series A funding led by Merus Capital with participation from Paua Ventures. The company will use the new round of funding for expanding its engineering division.

information

credit/risk information

MarketStance, a provider of marketing data and analytics solutions for the property/casualty insurance market, will be acquired by Verisk Analytics (Nasdaq:VRSK). The acquisition will see MarketStance integrated into Verisk’s property/casualty insurance risk division ISO. 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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