Daily Deal Activity 01/10/17

Digital Media/Commerce

digital marketplace, vertical search

India-based real estate platform Housing.com will be merged with India-based online real estate brokerage services company PropTiger. The transaction will see REA Group invest $50 million in the combined entity for a 14.7 percent stake, valuing the company at more than $340 million. Terms of the deal were not disclosed.

ecommerce

Online camera rental startup KitSplit has acquired camera rental competitor CameraLends. The acquisition will provide KitSplit with an expanded camera and gear listing. Terms of the deal were not disclosed.

ecommerce

On-demand logistics company Lalamove has raised $30 million in Series B funding led by Xianghe Capital with participation from Blackhole Capital, MindWorks Ventures, and Crystal Stream. The company will use the new round of funding for expanding its presence within Asia.

ecommerce

UK-based online fashion retailer boohoo.com has entered into an asset purchase agreement to acquire bankrupt fashion eCommerce company Nasty Gal for a reported $20 million. Financial information was not disclosed.

ecommerce

On-demand personal travel services company Lola Travel has raised $15 million at a reported valuation of $90 million in Series B funding led by CRV with participation from Accel Partners and General Catalyst.

mobile content/apps

Mobile payday app Activehours has raised $22 million in a round of funding led by Matrix Partners with participation from March Capital Partners, Ribbit Capital, and Felicis Ventures. The company will use the new round of funding for expanding headcount.

mobile content/apps, local search

Restaurant reservation app developer Resy has raised $13 million in a round of funding led by Airbnb with participation from First Data, Lerer Hippeau Ventures, and RSE Ventures. The company will use the new round of funding for expanding its geographic presence.

digital advertising

ad networks/exchanges

Digital advertising platform Choozle has raised $2.4 million in a round of funding from Great Oaks Venture Partners. The company will use the new round of funding for expanding its presence within the US.

marketing technology

analytics & targeting

Spain-based advertising optimization technology developer RocketROI has raised $2.1 million in a round of funding from undisclosed investors. The company will use the new round of funding for expanding headcount.

media management system

Digital signage and media distribution technologies company STRATACACHE has acquired digital signage platform provider Real Digital Media. The acquisition provides STRATACACHE with expanded operations. Terms of the deal were not disclosed.

Agency & Marketing Services

experiential marketing

Experiential advertising services company G Media Studios has raised an undisclosed amount of funding from Primoris Wealth Advisors. The company will use the new round of funding for expanding its presence geographically.

Software

application management

App management company Unidesk has been acquired by Citrix Systems (Nasdaq:CTXS). The acquisition will see Unidesk sold as a standalone product for Citrix’s VMware Horizon and Microsoft virtual desktop deployment customers. Terms of the deal were not disclosed.

big data

Big data analytics platform Logtrust has raised $11 million in a round of funding from Kibo Ventures, Investing Profit Wisely, and Atlantic Bridge Capital. The company will use the new round of funding for product development efforts.

cloud computing, data management

All-flash storage company Kaminario has raised $75 million in a round of funding led by Waterwood with participation from Sequoia Capital, Pitango Ventures, and Globespan Capital Partners. The company will use the new round of funding for research and development initiatives.

collaboration

Physical security operations software developer Trackforce has raised $7.4 million in a round of funding from Five Elms Capital. The company will use the new round of funding for expanding its product offering.

enterprise mobility

Enterprise mobility and data capture solutions company Scandit has raised $7.5 million in Series A funding from Atomico. The company will use the new round of funding for expanding its presence internationally.

financial

InvestCloud, a developer of applications for financial advisors, has acquired UK-based trade and accounting platform Babel Systems for $20 million. The acquisition provides InvestCloud with expanded accounting and trading capabilities. Financial information was not disclosed.

financial

Enfusion Systems, developer of a cloud platform for investment managers, has raised an undisclosed amount of funding from FTV Capital. The company will use the new round of funding for product development initiatives.

financial

UK-based hospitality industry ordering and payment platform QikServe has raised $3.4 million in a round of funding led by Maven Capital Partners with participation from Par Equity, Equity Gap, and Scottish Enterprise. The company will use the funding for expanding its presence in the US.

financial, data management

Spend management solutions developer Coupa Software has acquired data digitization and classification solutions developer Spend360. The acquisition provides Coupa with a strengthened modernization offering. Terms of the deal were not disclosed.

healthcare

Medical data analytics company Aledade has raised $20 million in a round of funding led by Biomatics Capital with participation from GV, Maryland Venture Fund, and ARCH Venture Partners. The company will use the new round of funding for expanding its provider network.

healthcare

Laboratory benefit management platform Avalon Healthcare Solutions has raised an undisclosed amount of funding from Mosaic Health Solutions, BlueCross BlueShield Ventures, and Francisco Partners. The company will use the new round of funding for expanding its customer base.

hr

Compliance software solutions company Qualtrax has received an undisclosed growth equity investment from Common Wealth Growth and Lyden Capital. The company will use the new round of funding for sales and marketing initiatives.

hr, healthcare

Health management services provider Proactive MD has acquired employee wellness and patient engagement company Verimoov. The acquisition provides Proactive MD with a strengthened employee movement tracking offering. Terms of the deal were not disclosed.

security

Artificial intelligence security startup harvest.ai has been acquired by Amazon Web Services for a reported $19 million. The acquisition provides AWS with an expanded security-as-a-service offering. Financial information was not disclosed.

security

Malware and threat detection company Infocyte has raised $3.4 million in a round of funding led by LiveOak Venture Partners with participation from Feik Enterprises and Hollis Family Partnership. The company will use the funding for expanding operations.

security

Security automation and orchestration platform Phantom has raised $13.5 million in Series B funding led by Kleiner Perkins Caufield & Byers with participation from TechOperators Venture Capital, Blackstone, Foundation Capital, In-Q-Tel, and Rein Capital. The company will use the new round of funding for sales and marketing efforts.

software development tools

Mighty AI, a developer of tools for building artificial intelligence models, has raised $14 million in a round of funding led by Intel Capital with participation from GV, Accenture Ventures, Madrona Venture Group, New Enterprise Associates, and Foundry Group. The company will use the new funding for product development.

business services

bpo

Procurement management services company Denali Sourcing Services has been acquired by WNS Holdings (NYSE:WNS) for $40 million. The acquisition provides WNS with an expanded sourcing practice. Terms of the deal were not disclosed.

it consulting, design agency

Product design and consumer insight firm Altitude has been acquired by Accenture. The acquisition will see Altitude integrated into Accenture’s Connect Product Lifecycle Services practice. Terms of the deal were not disclosed.

it consulting

UK-based SAP consulting firm Edenhouse has received an undisclosed growth equity investment from ECI Partners. The company will use the investment proceeds for expanding its presence geographically and pursuing potential acquisition opportunities.

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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