Daily Deal Activity 01/09/17

Digital Media/Commerce

ecommerce

Watch membership and rental club Eleven James has raised $9 million in a round of funding from undisclosed investors. The company will use the new round of funding for expanding its membership base.

ecommerce

International student housing platform HousingAnywhere.com has raised $5.3 million in a round of funding from Real Web and henQ. The company will use the new round of funding for expanding its presence within the US.

niche content

Subscription sports media company The Athletic has raised $2.3 million in a round of funding led by Courtside Ventures with participation from Advancit Capital, Bertelsmann Digital Media Investors, and Luminari Capital. The company will use the new round of funding for expanding its presence geographically.

digital advertising

online lead generation

Consumer mortgage and insurance comparison site LowerMyBills.com and online college comparison site ClassesUSA.com has been acquired by Quicken Loans from Core Digital Media. The acquisition provides Quicken Loans with an expanded comparison-sites portfolio. Terms of the deal were not disclosed.

marketing technology

analytics & targeting

SaaS-based marketer analytics platform Networked Insights has raised $30 million in a round of funding led by Sands Light Capital and Cherng Family Trust with participation from Goldman Sachs, American Family Ventures, and 4490 Ventures. The company will use the new round of funding for product development.

crm, financial software

MobileCause, developer of a digital fundraising and communications platform for nonprofits, has raised $15 million in Series B funding from Level Equity. The company will use the new round of funding for expanding sales and marketing efforts.

agency & Marketing Services

digital agency

Collegiate sports marketing and content firm Learfield Communications has acquired digital marketing firm Mogo Interactive. The acquisition will provide Learfield with expanded digital capabilities. Terms of the deal were not disclosed.

specialty agency

Video production services provider Shufflebox Productions has been acquired by cloud consulting solutions provider Weidenhammer. The acquisition will provide Weidenhammer with expanded creative capabilities. Terms of the deal were not disclosed.

Software

cloud computing

Cloud API and integration solutions provider Cloud Elements has raised $13 million in Series B funding led by Harbert Growth Partners with participation from Rally Ventures, Access Ventures, and Grotech Ventures. The company will use the new round of funding for expanding headcount.

collaboration

Project management tools developer Trello will be acquired by Atlassian for a reported $425 million. The acquisition will see Trello complement Atlassian’s existing Confluence offering. Financial information was not disclosed.

financial

Financial management software developer PS Financials has been acquired by accountancy and human capital management software developer IRIS Software Group. The acquisition provides IRIS with an expanded presence within the UK. Terms of the deal were not disclosed.

healthcare

Clinical surveillance solutions company PeraHealth has raised $14 million in a round of funding from Mainsail Partners. The company will use the new round of funding for research and development initiatives.

healthcare

Consumer health engagement and data collection platform Pursuant Health has raised $12.8 million in a round of funding from undisclosed investors. The company will use the new round of funding for building out mobile capabilities.

hr

Financial Management Solutions, developer of workforce management solutions for the retail banking industry, has been acquired by Kronos. The acquisition provides Kronos with an expanded presence in the financial services industry. Terms of the deal were not disclosed.

security

Cyber threat detection solutions developer BluVector has been acquired by LLR Partners from Northrop Grumman. LLR Partners will commit $50 million to support the acquisition. Terms of the deal were not disclosed.

software development tools

Server-less app development platform Blockstack has raised $4 million in a round of funding led by Union Square Ventures with participation from Lux Capital, Digital Currency Group, and Version One. The company will use the funding for building out its open source community.

information

financial information

Content syndication services provider and press release distributor China Newswire has been acquired by media intelligence company Isentia Group. The acquisition will provide Isentia with an expanded geographic presence. Terms of the deal were not disclosed.

financial information

Macroeconomic research provider Encima Global has been acquired by macro-economic and policy research company Strategas Research Partners. The acquisition provides Strategas with expanded operations. Terms of the deal were not disclosed.

healthcare information

Patient data collection and coordination platform AltaVoice has been acquired by Invitae Corporation for $15 million. The acquisition will be complementary to Invitae’s Genome Network offering. Financial information was not disclosed.

healthcare information

Drug information access platform myTomorrows has raised $10.6 million in a round of funding led by EQT Ventures and Octopus Ventures with participation from Balderton Capital and Sofinnova Partners. The company will use the new round of funding for hiring talent.

business services

bpo

MSX International, a provider of outsourced technology services to the automotive industry, has been acquired by Bain Capital Private Equity. The acquisition provides MSX with the resources for pursuing potential strategic opportunities. Terms of the deal were not disclosed.

it consulting

SAP solutions provider SEAL Consulting has been acquired by CenturyLink. The acquisition will be complementary will be CenturyLink’s application transformation capabilities and SAP practice. Terms of the deal were not disclosed.

staffing

Healthcare workforce solutions company Health Carousel has acquired healthcare staffing company Medical Staffing Options. The acquisition will be complementary to Health Carousel’s existing nursing and healthcare staffing services. 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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