Daily Deal Activity 12/13/16

Digital Media/Commerce

digital marketplace

Online boat rental marketplace Boatsetter has raised $13 million in Series A funding from Great Oaks Venture Capital, ZG Ventures, and Peninsula Ventures. The company will use the new round of funding for expanding its sales and marketing divisions.

digital marketplace

Web and mobile application developer marketplace Codementor has raised $1.6 million in a round of funding from WI Harper. The company will use the round of funding for launching a new freelance developer platform.

ecommerce

KKR and KSL Capital Partners will acquire online vacation booking services and hospitality company Apple Leisure Group. The acquisition will provide Apple Leisure with the resources for expanding its presence internationally. Terms of the deal were not disclosed.

ecommerce

B-to-B eCommerce platform OfBusiness has raised $11.1 million in Series B funding led by Zodius Partners with participation from Matrix Partners. The company will use the new round of funding for expanding its presence in the manufacturing and construction verticals.

mobile content/apps

Phone directory and mobile services app Truecaller has raised $10.9 million in a round of funding from Zenith Venture Capital. The company will use the new round of funding for expanding its presence within Europe.

Marketing Technology

analytics & Targeting

UK-based news media monitoring company Signal Media has raised $7.4 million in a round of funding from MMC Ventures and Hearst Ventures. The company will use the new round of funding for expanding into new verticals.

data quality

Data quality assurance solutions company ObservePoint has raised $19 million in Series B funding from Mercato Partners and Pelion Venture Partners. The company will use the new round of funding for expanding operations.

email/messaging software

Mobile email marketing solutions company ITerable has raised $23 million in a round of funding led by Index Ventures with participation from Charles River Ventures. The company will use the new round of funding for expanding its engineering division.

marketing data

Traveler data aggregation platform Traxo has raised $5.2 million in Series B funding led by TripAdivsor with participation from Thayer Ventures, Advantage Capital Partners, and Silver Creek Ventures. The company will use the new round of funding for expanding sales efforts.

sfa/lead management

SaaS-based lead generation technology platform IKO Systems has been acquired by France-based predictive sales automation company Sidetrade. The acquisition provides Sidetrade with expanded prospect evaluation capabilities. Terms of the deal were not disclosed.

traditional media

b-to-b media

Singapore-based exhibitions operator Allworld Exhibitions has been acquired by UBM for $485 million. Allworld Exhibitions has reported LTM revenues for the period ended June 30th of $97.2 million and EBITDA of $37.6 million, representing an LTM revenue multiple of 5.0x and EBITDA multiple of 12.9x.

Software

collaboration

Employee engagement and compliance solution Inkling has raised $25 million in Series E funding led by Sapphire Ventures with participation from Sequoia Capital and Tenaya Capital. The company will use the new round of funding for expanding its presence internationally.

data management

Enterprise files services company Nasuni has raised $17.5 million in a round of funding led by Sigma Prime Ventures with participation from Flybridge Capital Partners, North Bridge Venture Partners, and Sigma Partners. The company will use the new round of funding for expanding its presence internationally

data management

Vitruvian Partners has acquired a majority stake in electronic Trial Master File systems developer Phlexglobal. The acquisition provides Phlexglobal with the resources for expanding its presence internationally. Terms of the deal were not disclosed.

engineering

Navport, a developer of data analytics software for the oil and gas industry, has been acquired by Warburg Pincus-backed RS Energy Group. The acquisition provides RSEG with a strengthened in-house data offering. Terms of the deal were not disclosed.

erp

Clear Labs, developer of food analytics solutions for retailers and manufacturers, has raised $13 million in Series B funding led by Wing VC with participation from Google Ventures, Tencent, Khosla Ventures, and Felicis Ventures. The company will use the new round of funding for expanding operations.

financial

SaaS-based mobile fundraising platform BidPal has raised $3.5 million in a round of funding from MK Capital and Allos Ventures. The company will use the new round of funding for expanding marketing initiatives.

financial

Web cash management and banking technology company Online Banking Solutions has been acquired by Fiserv (Nasdaq:FISV). The acquisition provides Fiserv with expanded digital business banking capabilities. Terms of the deal were not disclosed.

financial

Model N (NYSE:MODN) has acquired life sciences revenue management software developer Revitas. The acquisition provides Model N with an expanded offering for the pharmaceutical industry. Terms of the deal were not disclosed.

hr

Workforce management and sourcing solutions provider Beeline.com has been acquired by non-employee workforce management solutions company IQNavigator for a reported $130 million. The acquisition provides IQNavigator with a strengthened vendor management offering.

security

Digital rights protection software developer Privacy has raised $2.2 million in a round of funding led by Index Ventures with participation from Rocketship.vc. The company will use the new round of funding for expanding its engineering division.

security

Digital identity verification solutions company Socure has raised $13 million in a round of funding led by Flint Capital with participation from ff Venture Capital, Santander InnoVentures, and Two Sigma Ventures. The company will use the new round of funding for scaling operations.

software development tools

Cronologics, developer of a software platform for smartwatches, has been acquired by Google. The acquisition will see Cronologics integrated into Google’s Android Wear division. Terms of the deal were not disclosed.

software development tools

Cloud-based firewall solutions company Cloudflare has acquired web applications development and integration tool Eager. The acquisition will provide Eager with expanded API access. Terms of the deal were not disclosed.

business services

it consulting

Cloud and managed services provider Admo.net Web Services has been acquired by Strattam Capital-backed Contegix. The acquisition provides Contegix with an expanded geographic presence. 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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