Daily Deal Activity 03/28/17

Digital Media/Commerce

ecommerce

UK-based Kite.ly, operator of a mobile eCommerce platform for personalized print, has been acquired by Canon. The acquisition will provide Canon with an expanded digital offering for the prints market. Terms of the deal were not disclosed.

ecommerce

On-demand auto repair appointments platform Wrench has raised $4 million in a round of funding from Madrona Venture Group. The company will use the new round of funding for expanding its geographic presence.

mobile content/ content management

Video content recommendation app MightyTV has been acquired by Spotify. The acquisition coincides with Spotify’s programmatic audio advertising and native ad brands development strategy. Terms of the deal were not disclosed.

mobile content/ content

Japan-based personal finance management app Moneytree has raised $9 million in Series B funding led by SBI Investment with participation from Hiroshima Venture Capital, Baillie Gifford, Mizuho Capital, and Salesforce. The company will use the new round of funding for building out app functionality.

niche content

Bustle, operator of a media site for millennial women, has raised $12 million in Series D funding led by GGV Capital with participation from Social Capital, Time Warner, General Catalyst Partners, and Saban Capital. THE company will use the new round of funding for expanding its news coverage.

digital advertising

comparison shopping

Travel bookings and comparison company CompareHotels.Online has been acquired by Emedia Group. The acquisition is complementary to Emedia’s web and mobile travel aggregator’s portfolio. Terms of the deal were not disclosed.

marketing Technology

product/price software

Class and appointments pricing company Lymber Wellness has been acquired by MINDBODY (Nasdaq:MB). The acquisition will be complementary to MINDBODY’s existing yield management offering. Terms of the deal were not disclosed.

teleservices/eservices

Customer support solutions developer Tenfold has raised $15.8 million in a round of funding from Andreessen Horowitz, Rackspace, and Geekdom Fund. The company will use the new round of funding for hiring talent.

traditional media

b-to-b media

Bulletin Intelligence, publisher of the daily White House News Summary, has been acquired by Cision. The acquisition coincides with Cision’s announcement to go public. Terms of the deal were not disclosed.

Software

big data, cloud computing

Cloud infrastructure analytics and management platform ControlUp has raised $10 million in Series B funding from K1 Capital and Jerusalem Venture Partners. The company will use the new round of funding for expanding its presence internationally.

cloud computing

Cloud computing platform Rigetti Computing has raised $64 million in a round of funding led by Andreessen Horowitz and Vy Capital with participation from Data Collective, FF Science, and AME Cloud Ventures. The company will use the new round of funding for expanding its engineering division.

collaboration, erp

Shipment collaboration tools developer Turvo has raised $25 million in Series A funding led by Activant Capital with participation from Felicis Ventures, Upside Partnership, and Slow Ventures. The company will use the new round of funding for product development tools.

financial

New Zealand-based Junifer Systems, a developer of billing and customer care software solutions for utility and telecom operators, has been acquired by Gentrack for $55.6 million. Terms of the deal were not disclosed.

healthcare

Clinical trial technology and services company Bracket has been acquired by Genstar Capital from Parthenon Capital Partners. The company will use the new round of funding for product development initiatives. Terms of the deal were not disclosed.

healthcare

China-based mobile healthcare company Kingdee Healthcare has raised $14 million in a round of funding from Yongjin Group and JD.com. The company will use the new round of funding for product development efforts.

healthcare, gaming

Medical video games developer Tilak Healthcare has raised $2.7 million in a round of funding from iBionext Growth Fund. The company will use the new round of funding for developing new therapeutic mobile games.

hr

SaaS-based customer self-service and support solutions developer StepOne has been acquired by FanThreeSixty. The acquisition provides FanThreeSixty with expanded business intelligence offerings for its sports and entertainment clients. Terms of the deal were not disclosed.

security

Online security startup Smyte has raised $4 million in Series A funding led by Avalon Ventures with participation from Baseline Ventures, Founder Collective, and Harrison Metal. The company will use the new round of funding for expanding operations.

Information

credit/risk information

Incisive Media has sold its financial, risk, and insurance information services division Insight to France-based b-to-b publisher Infopro Digital. The acquisition provides Infopro with an expanded international presence. Terms of the deal were not disclosed.

healthcare information

Patient reported outcomes company Cognoa has raised $11.6 million in a round of funding from Morningside. The company will use the new round of funding for building out its machine learning capabilities.

business services

training

Online classes and education platform MasterClass has raised $35 million in Series C funding led by IVP with participation from GSV Acceleration, New Enterprise Associates, Javelin Venture Partners, Bloomberg Beta, Advancit Capital, and Novel TMT. The company will use the new round of funding for expanding headcount.

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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