Daily Deal Activity 02/06/17

Digital Media/Commerce

ecommerce

China-based on-demand courier services provider Shansong Express has raised $50 million in a round of funding led by SIG Asia Investment and Yi Capital with participation from Prometheus Capital. The company will use the new round of funding for expanding its geographic presence.

gaming

Gamified coding programs developer CodeMonkey has raised $1.5 million in a round of funding from J21 Corporation. The company will use the new round of funding for expanding its user base and product development efforts.

mobile content/apps

Do-it-yourself home monitoring app Perch has been acquired by Samsung Electronics. The acquisition will see Perch integrated into Samsung’s Internet of Things division. Terms of the deal were not disclosed.

niche content

Live-TV streaming company Rivit TV has raised $5 million in a round of funding from undisclosed investors. The company will use the new round of funding for expanding headcount and platform development efforts.

social media/apps

UK-based local social network Streetlife has been acquired by neighborhood-focused social media network Nextdoor. The acquisition provides Nextdoor with an expanded international presence. Terms of the deal were not disclosed.

digital advertising

digital promotion/coupon

Germany-based online coupons browser extension Shop.co has raised $7 million in a round of funding from Sparkasse and The Boston Consulting Group. The company will use the new round of funding for expanding its geographic presence.

marketing technology

content delivery network

Content delivery network company Highwinds has been acquired by cybersecurity solutions company StackPath. The acquisition will provide StackPath with expanded content distribution capabilities. Terms of the deal were not disclosed.

agency & marketing Services

digital agency, search marketing

Mountaingate Capital has completed an undisclosed investment in digital marketing and search engine marketing services company Elite SEM. The company will use the investment proceeds for expanding its presence geographically.

general agency, ethnic/multicultural agency

Hispanic market-focused advertising agency Zubi Advertising Services has been acquired by WPP-owned GTB Agency. The acquisition will provide GTB with an expanded client base. Terms of the deal were not disclosed.

traditional media

entertainment media

Virtual reality startup SubVRsive has raised $4 million in a round of funding from WPP and private investors. The company will use the new round of funding for expanding its presence internationally and hiring talent.

entertainment media

Data virtualization virtual reality company Virtualitics has raised $3 million in a round of funding from undisclosed investors. The company will use the new round of funding for expanding its engineering division.

Software

big data

Cloud infrastructure company Stratoscale has acquired database-as-a-service provider Tesora. The acquisition provides Stratoscale with an expanded presence in the area of database services. Terms of the deal were not disclosed.

engineering

Help desk software and IT service management software developer BAI Systems & Engineering has been acquired by Flycast Partners. The acquisition will provide Flycast Partners with an expanded customer base. Terms of the deal were not disclosed.

financial

Online investment adviser Blooom has raised $9.2 million in a round of funding led by QED Investors and Commerce Ventures with participation from Allianz Life Ventures, Nationwide Ventures, and TTV Capital. The company will use the new round of funding for expanding operations.

financial

Financial adviser planning solutions company The Money Finder has raised $1.8 million in a round of funding from Build Ventures and Innovacorp. The company will use the new round of funding for expanding its engineering division.

healthcare

Clinical intelligence solutions company Comprehend Systems has raised $15 million in Series C funding led by Eminence Capital with participation from Sequoia Capital and Lightspeed Venture Partners. The company will use the new round of funding for expanding sales initiatives.

healthcare

Master patient index solutions company Verato has raised $12.5 million in Series B funding from Bessemer Venture Partners and Columbia Capital. The company will use the new round of funding for product development efforts.

security

Cloud and cybersecurity services provider Secure Information Assurance has been acquired by managed hosting and colocation solutions company UKFast. The acquisition provides UKFast with an expanded presence in the security services market. Terms of the deal were not disclosed.

software nec

UK-based THINK Subscription, a developer of subscription management and fulfillment software for publishers, has been acquired by MPS. The acquisition provides MPS with expanded data digitization services. Terms of the deal were not disclosed.

information

credit/risk information

Thomson Reuters will acquire business entity reference data company Avox and legal entity reference data services company Clarient. The transactions will see Avox and Clarient integrated into Thomson Reuters’ portfolio of risk management, compliance, and reference data offerings. Terms of the deals were not disclosed.

business services

it consulting

KRG Capital Partners-backed Convergint Technologies has acquired retail banking consultation and integration services provider Post Browning. The acquisition provides Convergint with an expanded presence in the banking security market. 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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