Daily Deal Activity 03/09/17

Digital Media/Commerce

digital marketplace

Vintage furniture and art marketplace Chairsh has raised $8 million in a round of funding led by Altos Ventures with participation from OATV and Azure Capital Partners. The company will use the new round of funding for expanding its presence within the US.

digital marketplace

Kidizen, operator of an online marketplace for buying and selling kids’ clothing, has raised $3.2 million in Series A funding led by Origin Ventures with participation from Royal Street Ventures and Corigin Ventures. The company will use the new round of funding for expanding headcount.

gaming

Bulgaria-based computer game development company Creative Assembly has been acquired by SEGA from video game publisher Crytek. The acquisition provides SEGA with an expanded presence within the UK. Terms of the deal were not disclosed.

niche content

Media company BumpClick has completed its acquisition of click-bait content provider ViralNova from Zealot Networks, and will be acquired by entertainment news site operator Function(x) for $25 million. Financial information was not disclosed.

social media/apps, marketing data

Data science and machine learning competitions platform Kaggle has been acquired by Google. The acquisition will see Kaggle integrated into Google’s Cloud platform. Terms of the deal were not disclosed.

social media/apps

Jelly, developer of a crowdsourced questions and answers mobile application, has been acquired by Pinterest. The acquisition see Jelly integrated into Pinterest’s mobile offering. Terms of the deal were not disclosed.

digital advertising

digital promotion/coupon

Singapore-based fitness class subscription company KFit has acquired Groupon’s Singapore-based operations Groupon Singapore. The acquisition will see Groupon Singapore integrated into KFit’s local deals platform Fave. Terms of the deal were not disclosed.

marketing Technology

analytics & targeting

UK-based eCommerce conversion rate analytics company Cloud.IQ has raised $4.9 million in a round of funding led by Nuata Capital with participation from Juno Capital. The company will use the new round of funding for expanding its presence internationally.

bi tools

Business data analytics software provider Prevedere has raised $10 million in a round of funding led by Norwest Venture Partners with participation from Microsoft Ventures, PointGuard Ventures, and Rev1 Ventures. The company will use the new round of funding for expanding its user base.

commerce management

Tradeshift will acquire the IBX Business Network eProcurement solutions division of Capgemini. The acquisition will be complementary to Tradeshift’s business commerce platform offering. Terms of the deal were not disclosed.

commerce management

Australia-based Kabuni, a developer of SaaS-based eCommerce enablement solutions for the home design industry, has been acquired by online 3D printing services company Print the Future for $4.9 million. Financial information was not disclosed.

email/messaging software

Email and workplace communication solutions company Astro has raised $8.3 million in Series A funding from Redpoint Ventures, Harrison Metal, Aspect Ventures, and Upside Partnership. The company will use the new round of funding for hiring talent.

media management system

Video quality monitoring and analytics solutions provider IneoQuest has been acquired by Genstar Capital-backed Telestream. The acquisition will provide Telestream with expanded video quality capabilities. Terms of the deal were not disclosed.

Software

collaboration

Meeting productivity and reports platform Do.com has been acquired by Amazon. The acquisition will see Do.com integrated into Amazon’s communications suite Chime as the company looks to build out productivity service offerings for AWS. Terms of the deal were not disclosed.

financial

Grants management solution Fluxx has raised $16 million in Series B funding led by Canvas Ventures with participation from Kresge Foundation and Felicis Ventures. The company will use the new round of funding for building out new product offerings.

financial

Corporate performance management software developer Tagetik will be acquired by Wolters Kluwer for $317.3 million. The acquisition will be complementary to Wolters Kluwer’s existing corporate tax compliance and internal audit solutions offering. Financial information was not disclosed.

financial

SaaS-based risk, P&L, and position management system TFG Financial has been acquired by risk technology company Numerix. The acquisition will see TFG integrated into Numerix’s Oneview offering. Terms of the deal were not disclosed.

financial

Online vacation rental management solutions TurnKey Vacation Rentals has raised $21 million in Series C funding led by Adams Street Partners with participation from Altos Ventures and Silverton Partners. The company will use the new round of funding for building out its mobile offering.

healthcare, financial

Patient access and pharmacy API solutions company Pokitdok has raised an undisclosed amount of funding from GIS Strategic Ventures. The company will use the new round of funding for expanding access to its API solutions.

healthcare

Healthcare analytics company WhiteSpace Health has been acquired by India-based offshore healthcare services company Omega Healthcare. The acquisition provides Omega with an expanded technology offering. Terms of the deal were not disclosed.

hr

France-based temporary workforce management and recruitment solutions company Pixid has acquired application tracking and recruitment software developer Amris. The acquisition provides Pixid with an expanded international presence. Terms of the deal were not disclosed.

security

SaaS-based cyber-attack simulation platform provider Cymulate has raised $3 million in a round of funding from Susquehanna Growth Equity. The company will use the new round of funding for expanding operations.

security

Cyber risk management company RiskSense has raised $14 million in Series A funding from Jump Capital, Paladin Capital Group, Sun Mountain Capital, EPIC Ventures, and CenturyLink. The company will use the new round of funding for sales and marketing efforts.

business services

logistics

Last-mile delivery company Stuart has been acquired by Groupe La Posted-owned parcel delivery network GeoPost. The acquisition provides GeoPost with an expanded geographic presence. Terms of the deal were not disclosed.

training

Online training solutions company Relias Learning has acquired Germany-based acute and post-acute care training services company Spm. The acquisition provides Relias Learning with an expanded international 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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