Daily Deal Activity 03/15/17

Digital Media/Commerce

ecommerce

On-demand bike company LimeBike has raised $12 million in Series A funding led by Andreessen Horowitz with participation from IDG Ventures and DCM. The company will use the new round of funding for expanding operations.

mobile content/apps

Mobile shopping keyboard application ShopChat has raised $1.3 million in a round of funding led by Rakuten with participation from Silicon Valley Bank. The company will use the new round of funding for product development efforts.

niche content

Technology trends media company SV Insight has raised $1.4 million in a round of funding from Blackhole Capital. The company will use the round of funding for expanding its presence within new verticals.

digital advertising

mobile marketing

Statiq, a provider of mobile geolocation solutions, has been acquired by Telefonica. The acquisition will see Statiq integrated into Telefonica’s programmatic trading platform Axonix. Terms of the deal were not disclosed.

marketing Technology

analytics & targeting

Video analytics technology company LivingLens has raised $1.6 million in a round of funding from private investors. The company will use the new round of funding for expanding its marketing and sales divisions.

commerce management

Online restaurant ordering and delivery solutions developer ChowBOT has been acquired by point-of-sales solution company ShopKeep. The acquisition provides ShopKeep with expanded online ordering and payment capabilities. Terms of the deal were not disclosed.

commerce management

Cross-border commerce platform Flow has raised $13 million in Series A funding from Bain Capital Ventures. The company will use the new round of funding for expanding its customer base internationally.

crm, bi tools

Cloud-based business and customer management platform ServiceTitan has raised $80 million in Series B funding from Iconiq Capital. The company will use the new round of funding for platform development initiatives.

crm

Appointment scheduling and customer personalization platform TimeTrade has raised $6.3 million in a round of funding led by Origami Capital Partners with participation from Ascent Venture Partners. The company will use the new round of funding for product development.

segmentation/data mining

Email marketing company Campaign Monitor has acquired customer data platform Tagga. The acquisition will provide Campaign Monitor with expanded complementary capabilities for its email marketing campaign platform. Terms of the deal were not disclosed.

website creation/hosting

New Zealand-based web hosting solutions provider WebSlice has been acquired by competitor SiteTech. The acquisition will provide SliceTech with an expanded audience base. Terms of the deal were not disclosed.

agency & Marketing services

digital agency, marketing consulting

Internet marketing consultancy and campaign analytics solutions provider Agence79 has been acquired by Havas. The acquisition will see Agence79 integrated into Havas’ France-based media network. Terms of the deal were not disclosed.

marketing consulting

Strategy and creative consulting firm Tomorro will be acquired by independent marketing firm The Shipyard. The acquisition will provide The Shipyard with expanded talent and consulting capabilities. Terms of the deal were not disclosed.

social agency

US-based social media talent management agency uFluencer Group has been acquired by digital marketing services provider Gushcloud. The acquisition will be complementary to Gushcloud’s Talent Agency division. Terms of the deal were not disclosed.

traditional media

entertainment media

OTT subscription television services provider Wherever TV Broadcasting has acquired genre-specific music channels operator Digital Rodeo TV. The acquisition will provide Wherever with expanded content for its Live Onstage offering. Terms of the deal were not disclosed.

Software

cloud computing, infrastructure

The Netherlands-based IT infrastructure solutions provider Dutch Cloud has been acquired by Main Capital-backed cloud computing and managed hosting company Denit. The acquisition provides Denit with an expanded customer base. Terms of the deal were not disclosed.

collaboration

Team messaging and collaboration platform Flock has raised $25 million in a round of funding from private investors. The company will use the new round of funding for expanding its presence internationally.

credit/risk

Compliance and risk management software developer SwissComply will be acquired by regulatory services company Evolute. The acquisition provides Evolute with expanded offerings for the wealth management services sector. Terms of the deal were not disclosed.

data management

Personal data management platform Diamond has raised $2 million in a round of funding led by Palantir with participation from Cherubic Ventures, Partech Ventures, Sway Ventures, and Garage VC. The company will use the new round of funding for expanding operations.

enterprise mobility

Enterprise mobility management company InfraAdvice has been acquired by Techstep from SyStown International. The acquisition will provide Techstep with an expanded presence in Europe. Terms of the deal were not disclosed/

financial

UK-based rental transaction platform Goodlord has raised $8.8 million in a round of funding from Ribbit Capital, LocalGlobe, and Global Founders Capital. The company will use the new round of funding for expanding its engineering division.

financial

Loan origination systems developer Launcher.Solutions has raised $5 million in Series A funding from Lucor Holdings. The company will use the new round of funding for expanding its engineering and marketing divisions.

healthcare

CareDox, developer of a digital health platform for schools, has raised $6.4 million in Series A funding led by Digitalis Ventures with participation from First Round Capital, Giza Venture Capital, TEXO Ventures, and Prolog Ventures. The company will use the new round of funding for expanding its network of healthcare providers.

hr

Workforce management solutions company Peoplenet has acquired vendor management and applicant tracking systems developer Fyre. The acquisition provides Peoplenet with expanded fulfillment offerings for staffing firms. Terms of the deal were not disclosed.

hr

Human resources software developer Rippling has raised $7 million in a round of funding from private investors. The company will use the new round of funding for expanding product development initiatives.

security

UK-based digital advertising company Crossrider has acquired SaaS-based cybersecurity solutions company CyberGhost for $9.8 million. CyberGhost has reported LTM EBITDA for the period ended December 31, 2016 of $1 million, representing a 9.8x LTM EBITDA multiple.

business services

it consulting

IT consulting and staffing services company Geneva Technical Services has been acquired by Highlands Ventures. The acquisition will provide Geneva with the resources for expanding its geographic presence. Terms of the deal were not disclosed.

logistics

Container management solutions company Avantida has been acquired by ocean shipping marketplace INTTRA. The acquisition will provide INTTRA with an expanded presence within Europe. Terms of the deal were not disclosed.

training

ChildCare Education Institute, a provider of online professional development solutions for the early child care and education market, has been acquired by Excelligence Learning Corporation. The acquisition will be complementary to Excelligence’s Services division. 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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