Daily Deal Activity 01/18/17

Digital Media/Commerce

ecommerce

UK-based children’s gift personalization eCommerce site My 1st Years has raised $5.3 million in a round of funding from Beringea. The company will use the new round of funding expanding its marketing and sales divisions.

gaming

Sweden-based 3D game and data optimization solutions company Simplygon has been acquired by Microsoft. The acquisition will be complementary to Microsoft’s 3D Technology division. Terms of the deal were not disclosed.

digital advertising

digital promotion/coupon

Employee engagement and inventive programs company Augeo has acquired card linked promotions company Edo Interactive. The acquisition coincides with Augeo’s card linked loyalty strategy. Terms of the deal were not disclosed.

mobile marketing

France-based Armis, a developer of local advertising solutions for physical retailers, has raised $1.1 million in a round of funding from Iris Capital. The company will use the new round of funding for expanding its presence internationally.

marketing technology

analytics & targeting, product/price software

Flyr, a developer of predictive analytics solutions for the travel sector, has raised $8 million in a round of funding from JetBlue Technology Ventures, Streamlined Ventures, AXA Strategic Ventures, Western Technology Investment, and private investors. The company will use the new round of funding for product development efforts.

content management

Product content management company Salsify has raised $30 million in Series C funding led by Underscore.VC with participation from Venrock, Matrix Partners, and North Bridge. The company will use the new funding for hiring talent.

crm

Restoration management software developer Next Gear Solutions has acquired Canada-based customer relationship management company Luxor CRM. The acquisition provides Next Gear with expanded referral-driven marketing capabilities. Terms of the deal were not disclosed.

crm, sfa/lead management

Customer relationship and sales management platform Pipedrive has raised $17 million in a round of funding led by Atomico with participation from Bessemer Venture Partners and Rembrandt Venture Partners. The company will use the new round of funding for expanding operations.

sfa/lead management

Sales acceleration platform InsideSales.com has raised $50 million in growth equity funding led by Polaris Partners with participation from QuestMark Partners, Ireland Strategic Investment Fund, Microsoft, Kleiner Perkins Caufield & Byers, U.S. Venture Partners, Epic Ventures, and Zeta Venture Partners. The company will use the new round of funding for expanding its presence geographically.

social technology

Reputation management and hospitality analytics firm ReviewPro has been acquired by hotel software company Shiji in a transaction valuing the company at $35 million. The acquisition will provide Shiji with an expanded guest review management offering. Financial information was not disclosed.

agency & Marketing services

data processing/enhancement, healthcare

Electronic health records and practice management software developer Aprima Medical Software has acquired healthcare data compilation provider Healthcare Data Solutions. The acquisition provides Aprima with an expanded client base. Terms of the deal were not disclosed.

retail services

Bain Capital Private Equity will acquire retail services provider Daymon Worldwide in a transaction valuing the company at $413 million. The acquisition will see Bain Capital own a 60 percent stake in the company with China-based supermarket chain Yonghui Superstores investing $165 million for the remaining 40 percent. Financial information was not disclosed.

specialty agency, entertainment media

Mixed martial arts events operator Alliance MMA has acquired MMA promotions company Fight Time Promotions. The acquisition provides Alliance MMA with and expanded presence within the mixed martial arts market. Terms of the deal were not disclosed.

Software

cloud computing

Cloud networking services company Aviatrix Systems has raised $15 million in a round of funding led by CRV with participation from Formation 8 and Ignition Partners. The company will use the new round of funding for expanding its customer base.

cloud computing

Machine learning and data modelling company DxContinuum has been acquired by enterprise cloud company ServiceNow. The acquisition provides ServiceNow with strengthened AI automation capabilities. Terms of the deal were not disclosed.

collaboration

Salesforce-owned document creation company Quip has acquired productivity tools developer Unity&Variety. The acquisition will provide Quip with an expanded creative and visual offering. Terms of the deal were not disclosed.

data management

Data access management solutions provider Collibra has raised $50 million at a reported valuation of $650 million in Series C funding led by Iconiq Capital with participation from Battery Ventures, Index Ventures, Dawn Capital, and Newion Investments. The company will use the new round of funding for product development efforts.

financial

Starburst Labs, a developer of online and mobile solutions for wealth managers, has raised $6.3 million in a round of funding from undisclosed investors. The company will use the new round of funding for expanding its engineering division.

healthcare

Employee communication solutions provider Jellyvision has acquired healthcare reimbursement automation solution FlexMinder. The acquisition will see FlexMind integrated into Jellyvision’s benefits communication platform. Terms of the deal were not disclosed.

healthcare

Healthcare technology company SilverCloud Health has raised $8.1 million in a round of funding led by B Capital Group with participation from ACT Venture Capital and Investec Ventures. The company will use the new round of funding for expanding its presence within Europe.

hr

Workforce management solution company Deputy has raised $25 million in Series A funding from OpenView. The company will use the new round of funding for building out operations and expanding headcount.

hr

Resume technology company TalentSonar has been acquired by hiring and human resources software developer Unitive. The acquisition provides Unitive with strengthened job description capabilities for its existing offering. Terms of the deal were not disclosed.

infrastructure

Hyper-converged infrastructure developer SimpliVity will be acquired by HP for $650 million. The all cash acquisition will provide HP with an expanded software-defined capability. SimpliVity was most recently valued at $1 billion in March 2015. Financial information was not disclosed.

legal

Thompson Street Partners has completed a recapitalization of legal and practice management software developer Software Technology. The transaction provides Software Technology with the resources for product development. Terms of the deal were not disclosed.

security

Enterprise security platform ProtectWise has raised $25 million in Series B funding from Arsenal Venture Partners, Top Tier Capital Partners, and Tola Capital. The company will use the new round of funding for product development.

software development tools

Software rollout solutions company Split has raised $8 million in Series A funding led by Accel Partners with participation from Lightspeed Venture Partners and Sway Ventures. The company will use the new round of funding for hiring talent.

information

credit/risk information

Credit scoring startup Destacame has raised an undisclosed from Accion Venture Lab and private investors. The company will use the new round of funding for expanding its presence within South America.

business services

healthcare consulting

Bain Capital-owned Epic Health Services has acquired Pediatric Services of America in a transaction valued at a reported $300 million. The acquisition provides Epic with an expanded geographic presence. Financial information was not disclosed.

it consulting

Application platforms development company eRisk Consulting has raised an undisclosed amount of funding from The Catalyst Fund and Core Associates. The company will use the new round of funding for building out the capabilities of its mobile application platform offering.

it consulting

IT services and enterprise resources planning solutions provider Kerr Consulting has been acquired by Proviso Capital. The acquisition provides Kerr Consulting with the resources for expanding its presence internationally. Terms of the deal were not disclosed.

it consulting

Datavail, a provider of managed services for data integration and database administration, has acquired Microsoft Premier Partner Navantis. The acquisition provides Datavail with an expanded geographic presence. Terms of the deal were not disclosed.

staffing

Healthcare staffing agency Travel Nurse across America has acquired competitor Trinity Healthcare Staffing Group. The acquisition provides TNAA with an expanded 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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