Daily Deal Activity 02/02/17

Digital Media/Commerce

digital marketplace

Digital real estate marketplace GoldenKey has raised $1.8 million in a round of funding from Lowe’s Ventures and NFX Guild. The company will use the new round of funding for expanding its user base within the US.

digital marketplace

On-demand tax and accounting services marketplace Taxfyle has raised $2 million in a round of funding from private investors. The company will use the new round of funding for expanding operations and hiring talent.

gaming

Social virtual reality app developer Against Gravity has raised $5 million in a round of funding from Sequoia Capital, First Round Capital, Acequia Capital, Vulcan, Maveron, and Anorak Ventures. The company will use the new round of funding for building out its user base.

gaming

Entertainment brands gaming company Disruptor Beam has raised $8.5 million in Series B funding from GrandBanks Capital and Romulus Capital. The company will use the new round of funding for launching new gaming titles.

social media/apps

Live-video streaming app developer Huzza has been acquired by Kickstarter. The acquisition will provide Kickstarter with expanded capabilities for its Kickstarter Live offering. Terms of the deal were not disclosed.

digital advertising

local search

Restaurant discovery and reservations platform Reserve has raised $10 million in Series b funding from Expa Capital, First Round Capital, and Human Ventures. The company will use the new round of funding for expanding operations.

marketing technology

analytics & targeting

User and entity behavior analytics company Niara has been acquired by Hewlett Packard Enterprise. The acquisition will be complementary to HPE’s Aruba ClearPass offering. Terms of the deal were not disclosed.

bi tools

Business intelligence and analytics platform TARGIT has been acquired by GRO Capital. The acquisition will provide TARGIT with the resources for expanding sales and marketing efforts. Terms of the deal were not disclosed.

crm

SaaS-based membership management company YourMembership has been acquired by an undisclosed private equity-backed company from The Riverside Company. The acquisition will provide YourMembership with the resources for expanding its customer base. Terms of the deal were not disclosed.

market research

Altimetrics and research impact measurement services company Plum Analytics has been acquired by Elsevier from EBSCO Information Services. The acquisition will provide Plum Analytics with an expanded researcher network. Terms of the deal were not disclosed.

agency & Marketing Services

b-to-b agency

Event marketing agency Intelligent Registration & Events has been acquired by competitor Lightspeed Marketing Communications. The acquisition provides Lightspeed with an expanded geographic presence. Terms of the deal were not disclosed.

design agency

User experience design agency Sequence has been acquired by Salesforce. The acquisition will see Sequence focus on experience design services for Salesforce customers. Terms of the deal were not disclosed.

social agency

Kantar Media will acquire multi-channel media monitoring agency Newsaccess. The acquisition will provide Kantar Media with expanded reputation, PR monitoring, and evaluation capabilities. Terms of the deal were not disclosed.

traditional media

radio

CBS will merge its radio business with Entercom Communications Corp in a transaction that will see CBS Radio control a 72 percent stake of the combined company. The merged entity reports pro forma LTM revenue of $1.7 billion. Terms of the deal were not disclosed.

Software

cloud computing, data management

Intelligent applications development firm Suplari has raised $3.1 million in a round of funding from Madrona Capital Partners and Amplify Partners. The company will use the new round of funding for expanding headcount.

engineering

MSC Software, a developer of simulation software solutions for engineers, will be acquired by Hexagon in a transaction valued at $834 million. The acquisition will be complementary to Hexagon’s existing design and production offerings. MSC Software has reported 2016 sales of $230 million.

financial

Financial networking and account aggregation technology company Vertical Management Systems has been acquired by NewSpring Capital from HCAP Partners. The acquisition will provides Vertical Management Systems with the resources for pursuing future strategic acquisition opportunities. Terms of the deal were not disclosed.

financial

Canada-based automated financial advice and portfolio management company Wealthsimple has raised $15.3 million in a round of funding from Power Financial Corp. The company will use the new round of funding for expanding its presence domestically.

financial

France-based SMB public accounting solutions firm Wity has raised $5.1 million in a round of funding from M Capital Partners. The company will use the new round of funding for expanding its presence internationally.

financial

France-based automated portfolio management service Yomoni has raised $5.4 million in a round of funding from Credit Mutuel Arkea and Iena Venture. The company will use the new round of funding for expanding its presence within Europe.

geo-demo

Mapping and telematics platform MapAnything has raised $33.1 million in a round of funding led by Columbus Nova with participation from ServiceNow Ventures, Greycroft Partners, Harbert Venture Partners, and Salesforce Ventures. The company will use the new round of funding for product development efforts.

healthcare

PointClickCare, a provider of software and services to the long-term post-acute care market, has raised $85 million in a round of funding led by Dragoneer Investment Group with participation from JMI Equity. The company will use the new round of funding for product development.

infrastructure, cloud computing

Artificial intelligence framework development company Xnor.ai has raised $2.6 million in a round of funding from Madrona Venture Group. The company will use the round of funding for building out new model applications.

legal

Case management software development company Litify has raised $5 million in a round of funding from Fortress Investment Group. The company will use the new round of funding for sales and marketing efforts.

security

EQT Mid Market has acquired a majority stake in Germany-based cybersecurity solutions company Utimaco from Pinova Capital and BIP Investment Partners. The acquisition provides Ultimaco with the resources for expanding its presence in North America. Terms of the deal were not disclosed.

business services

staffing

Hospital staffing company American Healthcare Staffing Association has been acquired by BelHealth Investment Partners. The acquisition provides AHSA with the resources for expanding its presence geographically. Terms of the deal were not disclosed.

training

Continuing medical education company Knowledge to Practice has raised $6.5 million in a round of funding from Rethink Education. The company will use the new round of funding for expanding its physician-education offerings.

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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