Daily Deal Activity 03/08/17

Digital Media/Commerce

digital marketplace

Used-car inventory marketplace ACV Auctions has raised $15 million in Series B funding from Bessemer Venture Partners. The company will use the new round of funding for expanding its presence geographically.

digital marketplace, social media/apps

Home swapping marketplace GuesttoGuest has raised $35 million in a round of funding from MAIF and Alyan Group. The company will use the new round of funding for acquiring competitor HomeExchange. Terms of the deal were not disclosed.

digital marketplace

Peer-to-peer parking rentals marketplace Spacer has acquired competitor Roost. The acquisition will provide Spacer with an expanded geographic presence within the North America. Terms of the deal were not disclosed.

ecommerce

Specialty food marketplace Goldbely has raised $10 million in Series A funding led by Global Founders Capital with participation from Intel Capital and 500 Startups. The company will use the new round of funding for expanding headcount.

ecommerce

Online grocery delivery company Instacart has raised $400 million at a reported valuation of $3.4 billion in a round of funding led by Sequoia Capital with participation from Andreessen Horowitz and Kleiner Perkins Caufield & Byers. The company will use the new round of funding for expanding headcount.

niche content

City and neighborhood news sites operator Gothamist has been acquired by DNAinfo. The acquisition will provide DNAinfo with expanded neighborhood news and information content. Terms of the deal were not disclosed.

social media/apps

Singapore-based social video streaming app Bigo Live has raised an undisclosed amount of Series C funding at a reported valuation of $400 million from Ping An Overseas Holdings. The company will use the new round of funding for research & development initiatives.

social media/apps, analytics & targeting

Audio detection technology company Sonalytic has been acquired by Spotify. The acquisition will provide Spotify with expanded audio detection capabilities for its publishing data system. Terms of the deal were not disclosed.

marketing Technology

analytics & targeting

Cross-channel measurement platform Conversion Logic has raised $9 million in Series A funding led by Pelion Venture Partners with participation from Rincon Venture Partners, Crosscut Ventures, Lerer Hippeau Ventures, Founders Collective, and Revel Partners. The company will use the new round of funding for expanding its marketing and engineering divisions.

content management

Spain-based SaaS-based digital content management and distribution company Odilo has raised $6.3 million in a round of funding from Active Venture Partners, Kibo Ventures, and JME Venture Capital. The company will use the new round of funding for expanding its presence within the US.

mobile technology, financial software

Mobile payment solutions company Dream Payments has raised $10 million in Series A funding led by FairVentures with participation from Fairfax Financial and Real Ventures. The company will use the new round of funding for expanding its presence within the US.

traditional media

digital place-based media

Wrapify, a provider car-wrap marketing services and solutions, has raised $3 million in a round of funding from Avery Dennison Corporation. The company will use the new round of funding for expanding its sales and operations divisions.

Software

big data

Predictive software platform Endor has raised $5 million in a round of funding from Innovation Endeavors and Marker LLC. The company will use the new round of funding for product development initiatives.

collaboration

K-12 visual classroom collaboration systems developer Kiddom has raised $6.5 million in a round of funding from Khosla Ventures. The company will use the new round of funding for product development initiatives.

collaboration

Cross-team messaging and collaboration platform Sameroom has been acquired by cloud communications company 8×8 (Nasdaq:EGHT). The acquisition will provide 8×8 with expanded interoperability offerings. Terms of the deal were not disclosed.

data management, content management

Information governance and records management software company RecordLion has been acquired by Gimmal. The acquisition will provide Gimmal with an expanded Digital Workspace solution offering. Terms of the deal were not disclosed.

financial

Cross borders payment solution developer Align Commerce has rebranded as Veem and raised $24 million in Series B funding led by National Australia Bank with participation from GV, SBI Investment, and Kleiner Perkins Caufield & Byers. The company will use the new round of funding for expanding its presence internationally.

healthcare

Population health management company Alignment Healthcare has raised $115 million in a round of funding from Warburg Pincus. The company will use the new round of funding for expanding its geographic presence.

healthcare

Virtual health and wellness platform Dialogue has raised $4 million in a round of funding led by Diagram with participation from BDC Capital. The company will use the new round of funding for expanding operations.

healthcare

Telemedicine delivery solutions company GlobalMed has acquired telemedicine consultant solutions provider TreatMD. The acquisition provides GlobalMed with expanded offerings for its eNcounter offering. Terms of the deal were not disclosed.

security

Digital identity company ID.me has raised $19 million in Series B funding from FTV Capital. The company will use the new round of funding for expanding its sales, marketing, and product development divisions.

security

Mobile security solutions startup Zimperium has raised $15 million in a round of funding from SoftBank. The company will use the new round of funding for building out its real-time cyber threat protection offering.

software development tools

ScyllaDB, developer of a database for building applications, has raised $16 million in Series B funding led by Western Digital Capital, Samsung Ventures, Magma Ventures, Qualcomm Ventures, and Bessemer Venture Partners. The company will use the new round of funding for marketing efforts.

software development tools

Mobile analytics platform Localytics has acquired Germany-based Tapglue, a developer of backend-services for adding social features to apps. The acquisition will provide Localytics with an expanded presence within Europe. Terms of the deal were not disclosed.

business services

legal consulting

Records retrieval services company Castle Copy Service has been acquired by Trinity Hunt Partners-backed Deposition Solutions. The acquisition provides Deposition Solutions with an expanded presence within the records space. Terms of the deal were not disclosed.

training, collaboration

Collaborative programming solutions developer CloudLabs has been acquired by online education company Udacity. The acquisition will provide Udacity with an expanded live developer environments offering. 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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