Daily Deal Activity 03/30/17

Digital Media/Commerce

digital marketplace, social media/apps

Peer-to-peer group deliveries company JoyRun has raised $9.8 million in a round of funding led by Floodgate with participation from Norwest Venture Partners, Visionnaire Ventures, Morado Ventures, and Triplepoint Capital. The company will use the new round of funding for expanding its geographic presence.

ecommerce

Malaysia-based online beauty products retailer Hermo has been acquired by Japan-based beauty portal istyle in a transaction valuing the company at $22 million. Hermo has reported LTM revenues for the period ended December 31 2016 of $9.5 million, representing an LTM revenue multiple of 2.3x.

ecommerce

On-demand food delivery startup Munchery has raised $5 million in a round of funding from Menlo Ventures and Sherpa Capital. The company will use the new round of funding for expanding its geographic presence.

ecommerce

Car-sharing startup Silvercar has been acquired by Audi. The acquisition will provide Audi with an expanded mobility services offering. Silvercar had raised nearly $60 million to date. Terms of the deal were not disclosed.

gaming

eSports tournament gaming platform Attaq Online has raised $1.6 million in a round of funding from private investors. The company will use the new round of funding for building out platform functionality while focusing on marketing initiatives.

niche content

UK-based digital book publishing company Bookouture has been acquired by book publisher Hachette. The acquisition will provide Hachette with an expanded digital offering. Terms of the deal were not disclosed.

niche content

Social video publisher Keli Network has raised $2 million in a round of funding from Partech Ventures and Broadway Video Ventures. The company will use the new round of funding for expanding its videos on mobile and social platforms.

niche content

Student micro-scholarships platform Raise.me has raised $12 million in a round of funding led by Redpoint Ventures with participation from Owl Ventures, First Round Capital, and SJF Ventures. The company will use the new round of funding for expanding its presence within the US.

marketing Technology

bi tools

Business intelligence and data solutions platform Looker has raised $81.5 million in a round of funding led by CapitalG with participation from Geodesic Capital, Goldman Sachs, Kleiner Perkins Caufield & Byers, Meritech Capital Partners, Redpoint Ventures, and Sapphire Ventures. The company will use the new round of funding for expanding its presence internationally.

bi tools

Application development company Progress (Nasdaq:PRGS) has acquired business intelligence software developer DataRPM. The acquisition will provide Progress with expanded offerings for the Internet of Things market. Terms of the deal were not disclosed.

commerce management

Ticketing distribution platform developer Ingresso Group has been acquired by accesso Technology Group for $36.6 million. Ingresso has reported LTM revenues for the period ended December 31 2016 of $53.2 million, representing an LTM revenue multiple of 0.7x.

content management

Enterprise-level user-generated content platform Chute has raised $4.1 million in a round of funding from Foundry Group, Salesforce, and U.S. Venture Partners. The company will use the new round of funding for scaling operations.

seo/sem tools

Germany-based online search engine marketing solutions provider rankingCoach has raised $5.3 million in a round of funding from United Internet. The company will use the new round of funding for product development efforts.

agency & Marketing Services

design agency

Graphic design agency ShapiroWalker Design has been acquired by competitor Elephant In The Room. The acquisition will provide Elephant In The Room with an expanded geographic presence. Terms of the deal were not disclosed.

retail services

Havas Group has acquired Australia-based shopper marketing services company BD Australia. The acquisition provides Havas with a strengthened offering for its eCommerce, FMCG, and retail clients. Terms of the deal were not disclosed.

traditional media

entertainment media

GG Media Network, a provider of non-scripted content production for the eSports industry, has been acquired by American Leisure. The acquisition provides American Leisure with an expanded presence in the eSports market. Terms of the deal were not disclosed.

Software

hr

Human resources and benefits platform Decisely has raised $60 million in a round of funding from Two Sigma Private Investments and The Carlyle Group. The company will use the new round of funding for expanding its customer base in the US.

software development tools

Content delivery network services provider Akamai Technologies (Nasdaq:AKAM) has acquired digital performance management platform Soasta. The acquisition will be complementary to Akamai’s Web Solutions Performance portfolio. Terms of the deal were not disclosed.

business services

bpo

UK-based inbound and outbound contact center solutions company Intelling has raised $3.7 million in a round of funding from NVM Private Equity. The company will use the new round of funding for expanding headcount.

legal consutling

Expert testimony and litigation support company Berkeley Research Group has received a $62.5 million minority equity investment from Endeavour Capital. The company will use the investment proceeds for expanding its presence geographically.

training

English language training platform Voxy has raised $12 million in a round of funding led by SJF Ventures with participation from Contour Venture Partners and Inherent Group. The company will use the new round of funding for expanding its geographic presence.

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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