Daily Deal Activity 01/12/17

Digital Media/Commerce

digital marketplace

Online funding marketplace Funding Circle has raised $100 million in a round of funding led by Accel Partners with participation from Baillie Gifford, DST Global, Ribbit Capital, Index Ventures, Sands Capital Ventures, Temasek, and Union Square Ventures. The company will use the new round of funding for expanding operations.

ecommerce

Cross-border eCommerce platform iguama has raised $5 million in Series A funding from Kibo Ventures and PeopleFund. The company will use the new round of funding for expanding its network internationally.

ecommerce

Apparel marketplace Stadium Goods has raised $4.6 million in a round of funding led by Forerunner Ventures with participation from The Chernin Group. The company will use the new round of funding for expanding into the mainstream footwear market.

mobile content/apps

Online travel search portal ixigo has acquired mobile content sharing application Reach. The acquisition will provide ixigo with complementary technology for its existing products. Terms of the deal were not disclosed.

social media/apps

China-based social questions and answers website Zhihu has raised $100 million at a reported valuation of more than $1 billion in Series D funding from Capital Today, Tencent, Sogou, SAIF Partners, Qiming Venture Partners, and Sinovation Ventures.

marketing technology

analytics & targeting

Energy sector predictive analytics provider Kayrros has raised $9.6 million in a round of funding led by Index Ventures with participation from private investors. The company will use the new round of funding for expanding headcount.

Agency & Marketing Services

loyalty/retention, mobile marketing

Loyalty marketing solutions company Clutch has raised $5.3 million in a round of funding from private investors. The company will use the new round of funding to acquire mobile promotion platform Persio. Terms of the deal were not disclosed.

marketing consulting, online lead generation

Lead generation services company Dressander|BHC has acquired financial marketing services and solutions company Vick & Associates. The acquisition provides DBHC with a strengthened marketing platform. Terms of the deal were not disclosed.

promotional agency

Promotional marketing services provider LOI Marketing has been acquired by marketing and logistics company Thumbprint. The acquisition provides Thumbprint with an expanded geographic presence. Terms of the deal were not disclosed.

public relations

Public affairs and advisory consultancy LEVICK Communications has acquired public relations firm Chase Communications. The acquisition provides LEVICK with an expanded presence in the government and civic vertical. Terms of the deal were not disclosed.

traditional media

broadcast television

Stern Partners will acquire Canada-based cable broadcaster OUTtv. The acquisition will provide OUTtv with the resources for switching to a Netflix-like online subscription service business model. Terms of the deal were not disclosed.

entertainment media

YouTube talent management and media company Studio71 has raised $56.3 million at a reported valuation of $425 million in a round of funding from TF1 Group and Mediaset. The company will use the new round of funding for expanding its content offerings.

Software

application management, security

Mobile app management and security startup Apperian will be acquired by application protection solutions provider Arxan Technologies. The acquisition will see Apperian operate as a subsidiary under Arxan. Terms of the deal were not disclosed.

big data, engineering

Industrial analytics company Element Analytics has raised $7 million in a round of funding from Kleiner Perkins Caufield & Byers. The company will use the new round of funding for product development efforts.

big data

France-based customer profile analysis company Swan Insights has been acquired by decision support products developer Bisnode. The acquisition provides Bisnode with expanded language processing capabilities. Terms of the deal were not disclosed.

collaboration

Germany-based cross-enterprise collaboration software provider think project! has received an undisclosed growth equity investment from TA Associates. The company will use the new round of funding for expanding sales efforts.

erp

Supply chain risk management and compliance solutions company Icix has raised $15.5 million in a round of funding from Arrowroot Capital. The company will use the new round of funding for expanding operations.

erp

Inspectorio, a developer of mobile applications for supply chain inspections, has raised $3.7 million in a round of funding from Target Corp. The company will use the new round of funding for product development efforts.

financial

Banking bot developer Kasisto has raised $9.2 million in a round of funding led by Propel Venture Partners with participation from Mastercard, Commerce Ventures, Two Sigma Ventures, and DBS Bank. The company will use the new round of funding for expanding its engineering division.

healthcare

Personalized medicine software developer Genospace has been acquired by Sarah Cannon. The acquisition will see Genospace integrated into Sarah Cannon’s oncology programs division. Terms of the deal were not disclosed.

legal

Thompson Street Capital Partners has recapitalized financial and practice management software developer Software Technology. The company will use the transaction proceeds for expanding its geographic presence. Terms of the deal were not disclosed.

business services

it consulting

Canada Pension Plan Investment Board will acquire a 48 percent controlling stake in IT outsourcing firm GlobalLogic from Apax Partners in a transaction valuing the company at a reported $1.5 billion. Apax originally acquired GlobalLogic in October 2013 for $420 million. Financial information was 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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