Daily Deal Activity 12/21/16

Digital Media/Commerce

ecommerce

Argentina-based on-demand home-services marketplace IguanaFix has raised $16 million in a round of funding from Temasek and Qualcomm Ventures. The company will use the new round of funding for expanding within Latin America.

mobile content/apps

Cognitive training app Peak has been acquired by France-based application publisher Hachette Livre. The acquisition provides Hachette Livre with an expanded mobile portfolio. Terms of the deal were not disclosed.

niche content

China-based parenting website Babytree has raised $437 million in equity financing led by Fosun Group with participation from Danfu Investment, Tomorrow Advancing Life, Matric Partners, and Chenshan Capital. The company will use the new round of funding for expanding its presence domestically.

social media/apps

Gaming social network Gamurs has raised $1 million in a round of funding from Artesian. The company will use the new round of funding for product development initiatives while expanding operations internationally.

social media/apps

India-based test preparation platform OnlineTyari has acquired photo and video sharing platform Plix. The acquisition provides OnlineTyari with an expanded adaptive learning offering. Terms of the deal were not disclosed.

digital adveritisng

digital promotion/coupon

Digital rewards platform Ifeelgoods has acquired France-based physical and digital gift cards marketplace MaCarteCadeau.com. The acquisition provides Ifeelgoods with an expanded international presence. Terms of the deal were not disclosed.

Marketing Technology

search & discovery

Minimal Technologies, developer of a multilingual support platform for websites, has raised $2.6 million in a round of funding led by SBI Investment with participation from SMBC Venture Capital. The company will use the new round of funding for expanding its engineering division.

social technology

Social insight solutions company Spatial has raised $2.1 million in a round of funding led by Serra Ventures with participation from Connetic Ventures and M25 Group. The company will use the new round of funding for expanding operations.

Software

erp

Reverse logistics platform Optoro has raised $30 million in Series D funding from UPS, Revolution Growth Partners, Kleiner Perkins Caufield & Byers, and Legend Venture Partners. The company will use the new round of funding for expanding its customer base.

financial

Card and expense management solution Cardlay has raised $4 million in a round of funding from undisclosed investors. The company will use the new round of funding for research and development initiatives.

financial

Financial information applications company FactSet has acquired client reporting and communications software developer Vermillion Software for $67 million. The acquisition provides FactSet with an expanded reporting solutions suite. Financial information was not disclosed.

hr

Human resources software developer StratEx has received an undisclosed amount of funding from Halyard Capital. The company will use the new round of funding for expanding headcount and building out operations geographically.

legal

B-to-B conveyancing solutions company Conveyancing Alliance has been acquired by ULS Technology for $16.6 million. The acquisition provides ULS with strengthened offerings for the real estate industry. Conveyancing Alliance has reported LTM revenues for the period ended December 31st 2015 of $6.5 million, representing an LTM revenue multiple of 3.0x.

software development tools

Application debugging platform Backtrace has raised $5 million in a round of funding led by Amplify Partners with participation from Rally Ventures and Tribeca Venture Partners. The company will use the new round of funding for sales and marketing initiatives.

software development tools

Software testing and measurement platform LaunchDarkly has raised $8.7 million in a round of funding led by DFJ with participation from SoftBank and Bloomberg Beta. The company will use the new round of funding for hiring talent.

software development tools

Test environment and software quality management solutions company Plutora has raised $13.4 million in a round of funding from Macquarie Capital. The company will use the new round of funding for product development efforts.

virtualization

Software-defined networking and network virtualization startup PlumGrid has been acquired by VMware. The acquisition is complementary to VMware’s software-defined network and container strategy. Terms of the deal were not disclosed.

business services

it consulting

Healthcare IT solutions company Cornerstone Advisors Group has been acquired by 8KMiles Software Services for $10.3 million. The acquisition provides 8KMiles with an expanded presence in the healthcare sector. Financial information was not disclosed.

legal consulting

UK-based legal and corporate governance consulting firm Jordans has been acquired by Vistra Holdings. The acquisition provides Jordans 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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