Daily Deal Activity 03/24/17

Digital Media/Commerce

gaming

Mobile games publisher My Play Company has been acquired by Australia-based Isentric for $4.6 million. The acquisition will provide Isentric with expanded mobile games portfolio. Financial information was not disclosed.

gaming

Mobile game developer Traplight has raised $5 million in a round of funding led by Korea Investment Partners with participation from Sunstone Capital and Finnvera. The company will use the round of funding for launching new titles.

mobile content/apps

On-demand ride sharing company Lyft has acquired local and social questions and answers app FinitePaths. The acquisition will provide Lyft with expanded community offerings. Terms of the deal were not disclosed.

mobile content/apps

Mobile calling and messaging app Nimbuzz has been acquired by emerging markets mentoring platform Mara Social Media. The acquisition will see Nimbuzz integrated into Mara’s existing Mentor and Jobs platform. Terms of the deal were not disclosed.

social media/apps

Music and audio file sharing company Soundcloud has raised $70 million in debt funding from Ares Capital, Kreos Capital, and Davidson Technology. The company will use the investment proceeds for hiring talent.

digital advertising

email services

Email marketing services company Zenreach has raised $30 million in Series C funding from Maverick Ventures, Founders Fund, 8 VC, Bain Capital Ventures, First Round Capital, and SV Angel. The company will use the new round of funding for research and development initiatives.

marketing Technology

analytics & Targeting

Predictive analytics and machine learning company Big Squid has raised $3 million in a round of funding from Silverton Partners. The company will use the new round of funding for product development initiatives.

crm

Ireland-based gym management platform developer Glofox has raised $2.2 million in a round of funding from Notion Capital, Partech Ventures, and Tribal VC. The company will use the new round of funding for expanding its presence in the US.

crm

Real estate customer relationship platform Placester has raised $50 million in Series D funding led by New Enterprise Associates. The company will use the new round of funding for product development efforts.

sfa/lead management

B-to-B demand generation platform Socedo has raised $1 million in a round of funding from TechStars Ventures, Vulcan Capital, and Divergent Ventures. The company will use the new round of funding for platform development efforts.

agency & marketing services

experiential marketing, mrm/workflow management

Conde Nast has acquired experiential agency Pop2Life has event hospitality and ticketing platform Ribyt. The acquisitions will be complementary to Conde Nast’s existing events and experiences business. Terms of the deals were not disclosed.

traditional media

consumer book publishing

1010 Printing Group will acquire a 75 percent majority stake in Hon Kong-based book publisher Regent Publishing Services in a transaction valuing the company at $9.3 million. Financial information was not disclosed.

Software

application management

API management solutions provider Mashape has raised $18 million in Series B funding led by Andreessen Horowitz with participation from CRV and Index Ventures. The company will use the new round of funding for expanding its marketing and sales divisions.

collaboration

Document review and co-authoring software developer PleaseTech will be acquired by Ideagen for $15 million. The acquisition will provide Ideagen with a strengthened offering for the life sciences industry. Financial information was not disclosed.

healthcare

Patient prescription management application PocketRx has been acquired by digital health company Digital Pharmacist. The acquisition will provide Digital Pharmacist with an expanded pharmacy network. Terms of the deal were not disclosed.

virtualization

Kaloom, a developer of networking solutions for data centers, has raised $10.7 million in a round of funding from FTQ with participation from Somel Investments and MBUZZ Investments. The company will use the new round of funding for expanding operations.

information

financial information

Personal finance and investment content company AdviceIQ has been acquired by financial services industry sales enablement company Financial Media Exchange. The acquisition will provide FME with expanded content offerings. Terms of the deal were not disclosed.

business services

it consulting

Software development services provider Luxoft (NYSE:LXFT) has acquired Singapore-based technology consulting services provider derivIT. The acquisition will provide Luxoft with an expanded geographic presence. Terms of the deal were not disclosed.

it consulting

France-based Itelios, a provider of eCommerce and cross-channel platform design and integration services, will be acquired by Capgemini. The acquisition will be complementary to Capgemini’s Salesforce Commerce Cloud practice. Terms of the deal were not disclosed.

it consulting

France-based IT infrastructure and consulting services provider Mesclado has been acquired by Germany-based broadcasting and media technology company Qvest Media. The acquisition provides Qvest with an expanded geographic presence. Terms of the deal were not disclosed.

it consulting

Vernalis, a developer of custom software solutions for the financial services industry, has been acquired by Potomac Equity Partners-backed Orion. The acquisition will provide Orion with an expanded presence in the Global Sports & Entertainment vertical. Terms of the deal were not disclosed.

logistics

India-based eCommerce logistics company Delhivery has raised $100 million in a round of funding from The Carlyle Group and Tiger Global Management. The company will use the new round of funding for expanding its geographic presence.

management consulting

Payments consulting and advisory firm First Annapolis has been acquired by Accenture. The acquisition will be complementary to Accenture’s consulting and digital capabilities in the payments sector. 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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