Daily Deal Activity 02/08/17

Digital Media/Commerce

ecommerce

Mobile sneaker marketplace Goat has raised $25 million in a round of funding led by Accel Partners with participation from Matrix Partners, Upfront Ventures, and Webb Investment Network. The company will use the new round of funding for hiring talent.

ecommerce

Singapore-based online fashion Group iFashion has acquired online lifestyle products retailer Megafash. The acquisition will provide iFashion with an expanded independent brands network. Terms of the deal were not disclosed.

mobile content/apps

Digital photo books company Chatbooks has raised $11.5 million in Series B funding led by Aries Capital Partners with participation from Signal Peak Ventures. The company will use the new round of funding for expanding sales initiatives.

digital advertising

vertical search

Priceline will acquire UK-based travel meta-search site Momondo in a transaction valuing the company at $550 million. The acquisition will provide Momondo with the resources for expanding its presence internationally. Momondo has reported LTM revenues of $110 million, representing a 5.0x LTM revenue multiple.

marketing technology

analytics & targeting

UK-based SaaS-based consumer engagement and insights platform Audeinse has raised $4.8 million in a round of funding from private investors. The company will use the new round of funding for expanding its presence in North America.

analytics & targeting

Promotional activity monitoring solutions company Market Track has acquired ad campaign insights and digital branded content company Brandtale. The acquisition will provide Market Track with expanded campaign monitoring capabilities. Terms of the deal were not disclosed.

analytics & targeting

Location intelligence company Cuebiq has raised $3.5 million in a round of funding from private investors. The company will use the new round of funding for building out operations and expanding its product and sales divisions.

mobile technology

Sweden-based SMS messaging solutions provider Beepsend has been acquired by Twilio. The acquisition will be complementary to Twilio’s SMS message traffic segmentation and analytics capabilities. Terms of the deal were not disclosed.

product/price software

Retailer promotion effectiveness solutions company Eversight has received a minority investment from Bow Capital. The company will use the investment proceeds for expanding headcount. Terms of the deal were not disclosed.

Search & discovery

Singapore-based Trax Image Recognition, a developer of image recognition solutions for retailers, has raised $19.5 million in a round of funding from Investec Bank. The company will use the new round of funding for expanding its presence internationally.

Software

cloud computing

Cloud management WiFi networks company Mojo Networks has raised $30 million in a round of funding from Presidio Partners, Trident Capital, Granite Ventures, North Haven Expansion Credit, Walden Riverwood Ventures, and Alpha Technologies. The company will use the new round of funding for expanding sales and marketing efforts.

collaboration

Voice, video, and collaboration platform Fuze (formerly ThinkingPhones) has raised $104 million in a round of funding led by Wellington Management with participation from Greenspring Associates, Summit Partners, and Bessemer Venture Partners. The company will use the new round of fund for expanding its presence internationally.

healthcare

Singapore-based health technology startup CXA Group has raised $25 million in Series B funding from B Capital Group and EDBI. The company will use the new round of funding for expanding its presence internationally.

healthcare

Patient analytics platform Intensix has raised $8.3 million in Series A funding from Pitango Venture Capital. The company will use the new round of funding for expanding marketing and sales operations in North America.

healthcare

Care management platform Welbe Health has raised $15 million in a round of funding from F-Prime Capital and .406 Ventures. The company will use the new round of funding for product development efforts.

hr

VoxSmart, a developer regulation and compliance software for mobile communication, has raised $7 million in Series A funding from Deepbridge Capital. The company will use the new round of funding for expanding its presence internationally.

security

Software vulnerability bug bounty platform HackerOne has raised $40 million in a round of funding led by Dragoneer Investment Group with participation from New Enterprise Associates and Benchmark. The company will use the new round of funding for building out its machine learning capabilities.  

security

Endpoint detection and response platform Invincea has been acquired by security vendor Sophos for a reported $120 million. The acquisition will provides Sophos with expanded security threat detection offerings. Financial information was not disclosed.

security

Fraud analytics startup Rippleshot has raised $2.6 million in a round of funding led by KDWC with participation from CMFG Ventures. The company will use the new round of funding for expanding its presence in the credit union and banking markets.

business services

training

Virtual training solutions company DiSTI Corporation has received a growth equity investment from Dos Rios Partners and Akoya Capital Partners. The company will use the investment proceeds for expanding its 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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