Daily Deal Activity 02/07/17

Digital Media/Commerce

digital marketplace

India-based travel marketplace TravelTriangle has raised $10 million in Series B funding led by RB Investments with participation from SAIF Partners and Bessemer Venture Partners. The company will use the new round of funding for expanding operations.

ecommerce

The Netherlands-based online flower delivery service bloomon has raised $23 million in Series B funding from Fortino Capital, INKEF Capital, and Partech Ventures. The company will use the new round of funding for expanding its presence internationally.

gaming

ZeniMax Media has acquired video game development studio Escalation Studios. The acquisition will provide ZeniMax Media with expanded capabilities for virtual reality and mobile. Terms of the deal were not disclosed.

digital advertising

affiliate/cpa network

Mobile performance marketing platform ClicksMob has been acquired by digital performance marketing company XLMedia for $5.1 million. The acquisition will see ClicksMob integrated into XLMedia’s mobile marketing subsidiary Dau-Up. Financial information was not disclosed.

marketing technology

ad serving

SaaS-based Facebook and Instagram advertising solutions company AdEspresso has been acquired by social media management platform Hootsuite. The acquisition provides HootSuite with expanded social advertising campaign management capabilities. Terms of the deal were not disclosed.

analytics & targeting

Ad targeting solutions company NetSeer has been acquired by advertising technology company Inuvo for $7.5 million. The acquisition will be complementary to Inuvo’s existing SearchLinks product offering. Financial information was not disclosed.

search & discovery, analytics & targeting

Speech recognition and sales call analytics company Chorus.ai has raised $16 million in a round of funding led by Redpoint Ventures with participation from Emergence Capital. The company will use the new round of funding for product development.

agency & marketing Services

database/analytics, marketing data

Brook Venture Partners, in partnership with Resolute Capital Partners and Eagle Private Capital, has acquired Cole Information Services, a leading provider of vertically-targeted customer acquisition solutions, from MCM Capital Partners. The transaction will enable Cole to grow both organically and via potential acquisition opportunities. Terms of the deal were not disclosed. (A Petsky Prunier-led transaction)

general agency

Singapore-based marketing and communications agency Integrated Communications Group has been acquired by Hakuhodo. The acquisition will provide Hakuhodo with an expanded international presence. Terms of the deal were not disclosed.

promotion agency

Print and promotional products company Grossman Marketing Group has acquired competitor Premier Marketing Group. The acquisition will provide Grossman with and expanded geographic presence and customer base. Terms of the deal were not disclosed.

Software

financial

Independent artist royalties solutions company Stem has raised $4.5 million in a round of funding from Upfront Ventures and private investors. The company will use the new round of funding for expanding headcount.

hr

Employee wellness startup LifeDojo has raised a strategic investment from Sodexo Ventures. The company will use the investment proceeds for strengthening a partnership with Sodexo’s Benefits and Rewards Services portfolio company Inspirus. Terms of the deal were not disclosed.

infrastructure

Data center infrastructure company Fungible has raised $32.5 million in Series A funding led by Mayfield Fund, Walden Riverwood Ventures, and Battery Ventures with participation from Juniper Networks. The company will use the new round of funding for expanding headcount.

infrastructure

Agile data center platform SnapRoute has raised $25 million in Series A funding led by Norwest Venture Partners with participation from Lightspeed venture Partners, AT&T, and Microsoft Ventures. The company will use the new round of funding for expanding its enterprise-level customer base.

security

Security intelligence solutions company Exabeam has raised $30 million in Series C funding led by Lightspeed Venture Partners and Cisco Investments with participation from Norwest Venture Partners, Aspect Ventures, and Icon Ventures. The company will use the new round of funding for expanding operations.

security

Governance and cloud security platform Netwrix has raised an undisclosed amount of Series A funding from Updata Partners. The company will use the new round of funding for product development initiatives.

security

Italy-based cloud security solutions company Saferbytes has been acquired by cybersecurity company Malwarebytes. The acquisition will provide Malwarebytes with expanded capabilities for its enterprise offerings. Terms of the deal were not disclosed.

business services

hr consulting

Biotech recruiting firm PharmaLogics Recruiting has been acquired by Webster Capital. The acquisition will provide PharmaLogics with the resources for expanding its geographic presence. Terms of the deal were not disclosed.

it consulting

Software applications company Salient CRGT has acquired Information Innovators, a provider of IT services for federal health agencies, from DFW Capital Partners. The acquisition provides Salient an expanded presence in the healthcare sector. Terms of the deal were not disclosed.

management consulting

Media consultancy MediaLink will be acquired by Ascential. The acquisition will see MediaLink integrated into Ascential’s Information Services division while providing the company with an expanded presence in the areas of media and entertainment. Terms of the deal were not disclosed.

training

Full-stack software training platform Holberton School has raised $2.3 million in a round of funding led by daphni with participation from Reach Capital, Insight Venture Partners, Trinity Ventures, and Partech Ventures. The company will use the new round of funding for expanding its student base.

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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