Daily Deal Activity 03/02/17

Digital Media/Commerce

ecommerce

China-based women’s clothes rental platform Dora’s Dreams has raised $12 million in Series A funding from Legend Capital. The company will use the new round of funding from expanding its presence within Asia.

ecommerce

Hong Kong-based travel booking services company Klook has raised $30 million in Series B funding led by Sequoia Capital with participation from Matrix Partners and Welight Capital. The company will use the new round of funding for expanding its presence internationally.

mobile content/apps

Classroom interaction mobile app Nearpod has raised $21 million in Series B funding led by Insight Venture Partners with participation from Reach Capital, GSV Acceleration, and Krillion Ventures. The company will use the new round of funding for expanding its user base.

mobile content/apps

Zenrez, developer of a mobile application for booking fitness centers, has raised $6 million in a round of funding led by Artis Ventures with participation from Precursor Ventures, C2 Ventures, and Transmedia Capital. The company will use the new round of funding for expanding its geographic presence.

niche content, creative production platform

Curated photos and image services startup Pickit has raised $4.6 million in Series A funding from Microsoft Ventures. The company will use the new round of funding for expanding operations and hiring talent.

social media/apps, ecommerce

Germany-based sports and fitness community Urban Sports Club has raised an undisclosed amount of funding from Holtzbrinck Ventures. The company will use the new round of funding for expanding its presence within Europe.

digital advertising

comparison shopping

UK-based software comparison company Comparesoft has received an undisclosed investment from Mercia Technologies. The company will use the new round of funding for expanding its coverage of business enterprise software.

marketing technology

content management

Consumer brand and music content connection platform Music Audience Exchange has raised $6 million in a round of funding led by Math Venture Partners and KDWC Ventures with participation from G-Bar Ventures. The company will use the new round of funding platform development initiatives.

crm

Event management software developer etouches has acquired contact exchange and social customer relationship management platform Loopd. The acquisition provides etouches with expanded attendee experience enhancement capabilities. Terms of the deal were not disclosed.

crm

Social sales and marketing customer relationship management platform Nimble has raised $9 million in a round of funding led by Imagen Capital Partners with participation from Radical Investments, Google Ventures, and Indicator Ventures. The company will use the new round of funding for product development.

agency & Marketing services

digital agency

Japan-based digital strategy and product design company Brilliant Service has been acquired by Cognizant. The acquisition provides Cognizant with an expanded presence within Japan. Terms of the deal were not disclosed.

digital agency, ethnic/multicultural agency

Software and web services company Saturno Design will acquire multicultural and digital agency Pólvora Advertising. The acquisition will provide Saturno Design with an expanded geographic presence. Terms of the deal were not disclosed.

digital agency, it consulting

Ratio Interactive, a provider of digital agency and web application development services for brands, has been acquired by Globant. The acquisition coincides with Globant’s US expansion strategy. Terms of the deal were not disclosed.

dm agency

Front door marketing and printing services company ADS Media Group has been acquired by consumer engagement services company Fusion92. The acquisition provides Fusion92 with expanded physical marketing offerings. Terms of the deal were not disclosed.

loyalty/retention

Germany-based loyalty programs company Fanmiles has raised $2.8 million in Series A funding from Auden and private investors. The company will use the new round of funding for building out its partner network.

traditional media

b-to-b media

Boat shows operator Show Management has been acquired by Informa from Active Interest Media in a transaction valuing the company at $133 million. The acquisition will see Show Management integrated into Informa Exhibitions. Show Management has reported LTM EBITDA of $11.6 million, representing an LTM EBITDA multiple of 11.5x.

consumer book publishing

Denmark-based book publishing and music promotion company ArtPeople has been acquired by Storytel for $10.6 million. The acquisition will provide Storytel with expanded international publishing operations. Financial information was not disclosed.

Software

cloud computing

Cloud access optimization company VeloCloud Networks has raised $35 million in Series D funding led by Hermes Growth Partners with participation from Telestra Ventures, Khazanah Nasional Berhad, New Enterprise Associates, Venrock, March Capital Partners, and Cisco Ventures. The company will use the new round of funding for sales and marketing initiatives.

collaboration

Document management and collaboration solutions company NetDocuments has been acquired by Clearlake Capital Group. The acquisition will provide NetDocuments with the resources for product development initiatives. Terms of the deal were not disclosed.

data management

Software-defined storage platform Hedvig has raised $21.5 million in a round of funding from EDBI, Hewlett Packard Enterprise, True Ventures, and Vertex Ventures. The company will use the new round of funding for expanding its engineering division.

engineering

Construction industry software solutions company JDM Technology Group has acquired electrical project and service management software developer ConEst. The acquisition provides JDM with expanded electrical estimation capabilities. Terms of the deal were not disclosed.

financial

Cloud-based student financial aid engagement platform CampusLogic has raised $10 million in Series B funding from 4.0 Partners. The company will use the new round of funding for platform development initiatives.

financial

SaaS-based payments management solution Dimebox has raised $5.3 million in a round of funding from BillPro Group. The company will use the new round of funding for expanding its presence internationally.

financial

Accounts receivable management software Hummingbill has been acquired by invoice discounting solutions company KredX. The acquisition provides KredX with expanded invoice delivery capabilities. Terms of the deal were not disclosed.

financial

Canada-based digital receipt data service company Sensibill has raised $17.3 million in Series A funding led by Information Venture Partners and OpenText Enterprise Apps Fund with participation from Operative Capital, Mistral Venture Partners, and Impression Ventures. The company will use the new round of funding for expanding its presence within the US and UK.

geo-demo

Topology discovery solutions company Ontology Systems has been acquired by EXFO (Nasdaq:EXFO) for $7.6 million. Ontology has reported LTM revenues for the period ended December 31 2016 of $4 million, representing an LTM revenue multiple of 1.9x.

healthcare

Healthcare software and database solutions company Quatris Health has acquired physician office solutions company HealthSystems. The acquisition provides Quantris with expanded EMR management offerings. Terms of the deal were not disclosed.

information

financial information

Urjanet, a provider of data-as-a-service solutions to utility companies, has raised $20 million in a round of funding from Oak HC/FT. The company will use the new round of funding for expanding its geographic presence.

product/price information

Consumer products ratings company HowGood has raised $4.2 million in Series A funding from FirstMark Capital, Contour Ventures, Serious Change, Great Oaks Venture Capital, and Line Venture Partners. The company will use the new round of funding for expanding its presence within supermarket chains.

business services

it consulting

Managed cloud services company 2nd Watch has raised $19 million in Series D funding led by Delta-v Capital with participation from Madrona Venture Group, Columbia Capital, and Top Tier Capital Partners. The company will use the new round of funding for expanding its customer base.

it consulting

IT infrastructure and services provider Curvature has been acquired by managed IT services company SMS Systems Maintenance Services. The acquisition will provide SMS with an expanded customer base. Terms of the deal were not disclosed.

training

Proctoring and identity verification platform Examity has raised $21 million in a round of funding from University Ventures and Inherent Group. The company will use the new round of funding for platform development initiatives.

training

Game-based corporate training company Gamelearn has raised $2.1 million in a round of funding from Kibo Ventures. The company will use the new round of funding for expanding its presence within the UK.

 

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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