Daily Deal Activity 03/27/17

Digital Media/Commerce

ecommerce

Singapore-based car-sharing company Grab is raising $1.5 billion in a round of funding from SoftBank. The company will use the new round of funding for research and development initiatives while expanding its presence within Southeast Asia.

mobile content/apps

Mobile website development app Universe has raised $3.2 million in a round of funding from General Catalyst, Greylock Partners, Box Group, Collaborative Fund, and Founder Collective. The company will use the new round of funding for expanding headcount.

niche content

Japan-based culinary digital media company Dely has raised $27 million in a round of funding from Jafco, Yahoo Japan, Gumi Ventures, and Das Capital. The company will use the new round of funding for pursuing strategic acquisitions.

niche content, ecommerce

France-based digital publishing company Webedia has acquired a majority stake UAE-based digital media company Diwanee in a transaction valued at $25 million. The acquisition provides Webedia with an expanded fashion and beauty portfolio. Terms of the deal were not disclosed.

digital advertising

digital promotion/coupon

Digital signage and retail marketing technologies provider Stratacache has acquired LIFT Network, developer of a digital upsell platform for convenience stores, from Verifone. The acquisition will see LIFT integrated into PRN. Terms of the deal were not disclosed.

digital promotion/coupon, marketing data

Cash-back rewards and shopper data company Snapcart has raised $3 million in a round of funding led by Vickers Venture Partners with participation from Wavemaker Partners and SPH Media Fund. The company will use the new round of funding for product development.

local search, digital marketplace

IAC-owned HomeAdvisor will acquire UK-based home services platform MyBuilder. The acquisition will provide HomeAdvisor with an expanded presence in the UK’s home services market. Terms of the deal were not disclosed.

vertical search

Spain-based vacation rental search engine Hundredrooms has raised $4.3 million in a round of funding led by Seaya Ventures with participation from Media Digital Ventures and Atresmedia. The company will use the new round of funding for expanding its presence within Europe.

marketing Technology

analytics & Targeting

SaaS-based insights generation platform People Analytics has raised $6.6 million in a round of funding led by EQT Ventures with participation from IDInvest and Sunstone Capital. The company will use the new round of funding for expanding operations.

website creation/hosting

NetSource Communications, a provider of internet hosting solutions to small and medium-sized businesses, has been acquired by FlatWorld Capital-backed Venture Technologies. The acquisition provides Venture Technologies with an expanded geographic presence. Terms of the deal were not disclosed.

agency & marketing services

digital agency

China-based digital business strategy consultancy and product design company 3Ti Solutions has been acquired by WPP. The acquisition will see 3Ti integrated into Mirun. Terms of the deal were not disclosed.

experiential marketing

Vietnam-based field marketing services provider Innovative Marketing Actions has been acquired by marketing services company DKSH. The acquisition provides DKSH with an expanded international presence. Terms of the deal were not disclosed.

Software

application management

Germany-based Internet of Things device management and application enablement platform Cumulocity has been acquired by Software AG. The acquisition will see Cumulocity integrated into Software AG’s Digital Business platform. Terms of the deal were not disclosed.

financial

Mortgage automation and point-of-sale system Cloudvirga has raised $15 million in Series B funding from The Blackstone Group. The company will use the new round of funding for product development initiatives.

financial

Electronic bond trading platform/marketplace Trumid has acquired all-to-all trading platform Electronifie. The acquisition will provide Trumid with an expanded user base and technology offering. Terms of the deal were not disclosed.

geo-demo

France-based geographic information systems developer Geotech Vigis has been acquired by cartography solutions company Parera. The acquisition will provide Parera with an expanded digital offering. Terms of the deal were not disclosed.

infrastructure

The Glue, a provider of mobile and digital infrastructure for financial institutions, has raised $5.4 million in a round of funding from Polytech Ecosystem Ventures. The company will use the new round of funding for expanding its presence within the US.

business services

it consulting

Systems integrator and cloud consulting firm Day 1 Solutions has been acquired by Deloitte. The acquisition will see Day 1 integrated into Deloitte’s Digital Business. Terms of the deal were not disclosed.

it consulting

Automated business management implementation services provider Software Link has been acquired by Kerr Consulting. The acquisition will provide Kerr Consulting with an expanded geographic presence. Terms of the deal were not disclosed.

it consulting

IT business solutions company Orion has acquired technology integration services provider Structured Network Solutions. The acquisition will provide Orion with expanded network design and directory authentication service offerings. 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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