Daily Deal Activity 01/23/17

Digital Media/Commerce

digital marketplace

India-based wholesale marketplace Wydr has raised an undisclosed amount of Series A from Bessemer Venture Partners, Stellaris Venture Partners, and Jungle Ventures. The company will use the new round of funding for expanding its geographic presence.

ecommerce

China-based produce eCommerce app Miss Fresh has raised $100 million in Series C funding led by Lenovo Capital and Zhejian Zheshang Venture Capital with participation from Tencent, KTB Investment, Grand Flight Investment, and China Growth Capital. The company will use the new round of funding for expanding its geographic presence.

ecommerce

China-based bike sharing service Mobike has raised an undisclosed amount of funding from Foxconn. The investment is separate from the company’s $215 million Series D round raised earlier this month. The company will use the funding for scaling its bike fleet.

ecommerce, entertainment media

Sprint has acquired a 33 percent minority stake in music streaming service Tidal in a transaction valuing the company at a reported $600 million. The transaction will see Sprint make Tidal’s services available to its mobile users. Financial information was not disclosed.

mobile content/apps, social media/apps

Cyprus-based social gaming and mobile apps developer Outfit7 has been acquired by a group of China-based investors represented as United Luck Consortium for a reported $1 billion. Financial information was not disclosed.  

niche content

UK-based club and amateur sports communities’ startup Pitchero has raised $3.3 million in a round of funding from ICM. The company will use the new round of funding for expanding its presence internationally.

niche content

Digital entertainment media company Whistle Sports has raised $27.5 million in Series C funding from Beringea, Tegna, NBC Sports Ventures, Sky, and Emil Capital. The company will use the new round of funding for expanding its user base.

social media/apps

Casual dating app developer Down has been acquired by Singapore-based dating apps startup Paktor. The acquisition provides Paktor with an expanded international presence. Terms of the deal were not disclosed.

digital advertising

digital promotion/coupon

Slidejoy, developer of a lock screen promotions app, has been acquired by Korea-based smartphone advertising platforms provider Buzzvil. The acquisition provides Buzzvil with an expanded lock screen ad consolidation offering. Terms of the deal were not disclosed.

mobile marketing

Mobile and cross-device targeting company Adelphic has been acquired by Time-owned advertising cloud platform Viant. The acquisition will provide Viant with strengthened media execution capabilities. Terms of the deal were not disclosed.

marketing technology

analytics & targeting

France-based customer data analysis and optimization platform provider Eulerian Technologies has raised $5.3 million in growth equity financing from Isai. The company will use the new round of funding for expanding its presence internationally

content delivery network

Italy-based video delivery platform MainStreaming has raised $4.3 million in a round of funding from United Ventures. The company will use the new round of funding for expanding its presence internationally.

market research

The Stagwell Group has acquired the Harris and Harris Poll brands from Nielsen. The acquisition will see the Harris brand operate as Harris Insights & Analytics with the Harris Poll brand remaining unchanged. Terms of the deal were not disclosed.

marketing data

Online merchant review community provider TrustPilot has raised $6.9 million in a round of funding from Draper Esprit. The transaction doubles Draper Esprit’s equity stake in the company with nearly $14 million invested to date.

traditional media

b-to-b media

eCommerce and retail event’s organizer Shoptalk has raised $2 million in a round of funding led by Primary Venture Partners with participation from Commerce Ventures, Bain Capital Ventures, and New Enterprise Associates. The company will use the new round of funding for expanding its presence within Europe.

Software

cloud computing

Self-managed cloud performance platform Turbonomic has raised $50 million in a round of funding led by General Atlantic with participation from Bain Capital Ventures, Highland Capital, Globespan, and Iconiq Capital. The company will use the new round of funding for expanding operations.

collaboration

Broker collaboration platform ONEaccess has been acquired by comparable forecast models platform Visible Alpha. The acquisition provides Visible Alpha with expanded buy-side and sell-side collaboration capabilities. Terms of the deal were not disclosed.

engineering

Building information modeling software developer InterSpec has been acquired by Alpine Investors-backed ARCOM. The acquisition provides ARCOM with expanded offerings for the architecture and engineering industry. Terms of the deal were not disclosed.

financial

Digital payments company Dwolla has raised $6.9 million in a round of funding led by Union Square Ventures and Foundry Group with participation from Next Level Ventures, Ludlow Ventures, High Alpha, Firebrand Ventures, and Detroit Venture Partners. The company will use the new round of funding for expanding sales efforts.

financial

UK-based digital mortgage solutions company habito has raised $6.9 million in a round of funding led by Ribbit Capital with participation from Mosaic Ventures. The company will use the new round of funding for product development efforts.

hr

Talent assessment and human resources technology company Talentoday has raised $3.5 million in Series A funding from The Adecco Group. The company will use the new round of funding for expanding its engineering division.

security

Cybersecurity data and risk platform developer Agile 3 Solutions has been acquired by IBM. The acquisition will be complementary to IBM’s Security risk management portfolio. Terms of the deal were not disclosed.

software development tools

Enterprise software testing solution provider Tricentis has raised $165 million in Series B funding from Insight Venture Partners. The company will use the new round of funding for scaling operations and market penetration initiatives.

business services

training

India-based grade-school education company Cuemath has raised $15 million in Series B funding led by CapitalG with participation from Sequoia Capital. The company will use the new round of funding for product development initiatives.

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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