Daily Deal Activity 12/19/16

Digital Media/Commerce

digital marketplace

Online art discovery marketplace Artfinder has raised $2.2 million in a round of funding from Oxford Capital Partners. The company will use the new round of funding for expanding marketing and sales initiatives.

digital marketplace

India-based peer-to-peer property listings startup NoBroker has raised $7 million in Series B funding from KTB Ventures. The company will use the new round of funding for expanding its presence within Southeast Asia.

ecommerce

Middle East-based ride hailing company Careem has raised $350 million in Series D funding at a reported valuation of $1 billion from Rakuten and Saudi Telecom Company. The company will use the new round of funding for geographic expansion.

ecommerce

China-based eCommerce app developer Daling has raised $71.9 million in Series C funding from China-Everbright and IDG Capital. The company will use the new round of funding for building out its user base.

mobile content/apps

Bank card management app Curve has raised $8 million in Series A funding from undisclosed investors. The company will use the new round of funding for expanding operations and building out its engineering division.

Marketing Technology

commerce management, email/messaging software

ReplyYes, a developer of technology for buying products via text message, has raised $6.5 million in a round of funding from undisclosed investors. The company will use the new round of funding for hiring talent.

market research

Business software review platform G2 Crowd has raised $4.3 million in a round of funding from Pritzker Group Venture Capital, Chicago Ventures, and Hyde Park Venture Partners. The company will use the new round of funding for expanding headcount.

mobile technology

Siris Capital will acquire Mitel Networks’ (Nasdaq:MITL) mobile division Mitel Mobility in a transaction valued at a reported $385 million. The acquisition will see Mitel Mobility integrated into Siris Capital’s digital communications portfolio company Xura. Financial information was not disclosed.

Software

application management

High-performance computing systems tools developer Allinea Software has been acquired by ARM for $22.4 million. The acquisition provides ARM with a broadened HPC analysis offering. Financial information was not disclosed.

collaboration

Open-Xchange, developer of a SaaS-based open source email and collaboration solution for enterprises, has raised $5.2 million in a round of funding from eCapital Advisors. The company will use the new round of funding for building out it privacy offerings.

data management

SQL database solution developers Crate.io has raised $2.6 million in a round of funding led by Vito Ventures with participation from Dawn Capital, Draper Esprit, and Sunstone Capital. The company will use the new round of funding for expanding its sales division.

data management

Digital preservation software developer Preservica has raised $3.8 million in a round of funding from Mobeus Equity Partners. The company will use the new round of funding for product development efforts.

financial

Brazil-based event ticketing and payments platform Eventick has been acquired by event management platform Sympla. The acquisition provides Sympla with an expanded international presence. Terms of the deal were not disclosed.

financial

iCapital Network, developer of a platform that provides investors with access to hedge funds, has raised an undisclosed amount of funding from BlackRock. The company will use the new round of funding for expanding its user base.

financial

SaaS-based cloud treasury and risk management solutions developer Kyriba has raised an undisclosed amount of funding from Mitsubishi UFJ Capital. The company will use the new round of funding for product development efforts.

financial

Investment data curation platform Qinet has raised $1.3 million in Series A funding from undisclosed investors. The company will use the new round of funding for expanding its research and development division.

security

Bot and automation detection solutions developer Cyberfend has been acquired by Akamai Technologies (Nasdaq:AKAM). The acquisition provides Cyberfend with an expanded bot management and mitigation service offering. Terms of the deal were not disclosed.

software development tools

Software development platform provider Dragonera has raised $3 million in a round of funding from Singulariteam. The company will use the new round of funding for expanding operations and hiring talent.

information

geo-demo information

Real-time location information company Placemeter will be acquired by NETGEAR (Nasdaq:NTGR). The acquisition will provided NETGEAR with an expanded physical spaces data offering. Terms of the deal were not disclosed.

business services

healthcare consulting

Healthcare services provider Epic Health Services has been acquired by Bain Capital Private Equity. The acquisition provides Epic Health with the resources for expanding its 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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