Daily Deal Activity 04/19/17

Digital Media/Commerce

digital marketplace

58.com-owned used goods trading platform Zhuan Zhuan has received a $200 million investment from Tencent. The company will use the new round of funding for expanding its presence within China. The transaction will see Tencent take a minority equity stake in Zhuan Zhuan.

ecommerce, product/price information

Auction house comparison platform Barnebys has raised $3.3 million in a round of funding from Industrifonden, Howsat Venture Partners, Accum Kapital, and Kichi Invest. The company will use the new round of funding for expanding its presence within the US.

ecommerce, crm

Mobile ticketing platform SeatGeek has raised $57 million in Series D funding led by Glynn Capital with participation from Accel Partners, Causeway Media Partners, Haystack Partners, Mousse Partners, and Technology Crossover Ventures. The company will use the investment proceeds for acquiring Israel-based ticketing and customer relationship management software developer TopTix for a reported $56 million. Terms of the deal were not disclosed.

ecommerce

Online tours and activities company ZOZI has been acquired by competitor Peek. The acquisition will provide Peek with an expanded customer base and engineering division. Terms of the deal were not disclosed.

mobile content/apps

Flight disruption and rebooking app Freebird has raised $5 million in a round of funding General Catalyst Partners and Accomplice. The company will use the new round of funding for expanding its presence within the corporate travel market.

digital advertising

local search

Doctor’s appointment booking platform Solv has raised $6.3 million in a round of funding led by Benchmark Capital with participation from Aspect Ventures. The company will use the new round of funding for expanding headcount.

marketing Technology

analytics & targeting, ad serving

Digital ad measurement company Moat has been acquired by Oracle. The acquisition will see Moat integrated into Oracle Data Cloud. Moat has raised $68 million to date was most recently valued at more than $430 million in March 2016. Terms of the deal were not disclosed.

content management

Video automation and content design tools developer Video Design Software has been acquired by broadcast monitoring and control software developer Crystal Computer Corporation. Terms of the deal were not disclosed.

creative production platform

Virtual reality development software provider Vizor has raised $2.3 million in a round of funding led by The Venture Reality fund with participation from Boost VC and Lifeline Ventures. The company will use the new round of funding for product development efforts.

mrm/workflow management

Workforce productivity apps developer Sapho has raised $14 million in Series B funding led by Caffeinated Capital with participation from Felicis Ventures, Alsop Louie Partners, SoftTech VC, Morado Ventures, AME Cloud Ventures, and Bloomberg Beta. The company will use the new round of funding for expanding its sales division.

traditional media

consumer magazine publishing

Magazines publisher GreenGale Publishing has been acquired by lifestyle magazines publisher Modern Luxury. The acquisition will provide Modern Luxury with an expanded publications portfolio. Terms of the deal were not disclosed.

Software

big data

India-based data processing and hosting company Infosys has acquired machine learning software developer Skytree. The acquisition will provide Infosys with an expanded presence within the US. Terms of the deal were not disclosed.

collaboration

Team productivity and workforce collaboration solutions developer Intentional Software will be acquired by Microsoft. The acquisition will see Intentional Software integrated into Microsoft’s Productivity Applications offering. Terms of the deal were not disclosed.

geo-demo

Flipkart-backed Geographic Information Systems company MapmyIndia has acquired digital maps company Vidteq. The acquisition will provide MapymyIndia with an expanded video maps offering. Terms of the deal were not disclosed.

healthcare

Behavioral health analytics company Care Management Technologies has been acquired by online training company Relias Learning. The acquisition will be complementary to Relias’ existing learning offerings. Terms of the deal were not disclosed.

healthcare

India-based online medical assistance firm Credihealth has raised $1.5 million in a round of funding from Tolaram Group and Mountain Pine Capital. The company will use the new round of funding for expanding its geographic presence.

healthcare

SaaS-based home health solutions developer ClearCare has acquired nurse schedule automation and caregiver application management company HomeTrak. The acquisition will provide ClearCare with expanded skilled nursing capabilities. Terms of the deal were not disclosed.

security

Cloud infrastructure security platform Dome9 has raised $16.5 million in Series C funding led by SoftBank with participation from undisclosed investors. The company will use the new round of funding for research and development initiatives.

security

Cybersecurity software solutions developer InfoReliance has been acquired by ECS Federal. The acquisition will provide ECS with an expanded presence within commercial and government markets. Terms of the deal were not disclosed.

information

financial information

Electronic invoice information company Portal Finance has raised an undisclosed equity investment from Magma Partners. The company will use the new round of funding for expanding its presence within North America.

product/price information

Automotive retail pricing and economic data aggregation company Drivin has been acquired by KAR Auction Services (NYSE:KAR) for $43 million. The acquisition will provide KAR with expanded data science capabilities. Financial information was not disclosed.

business services

hr consulting

Employee benefits and discount programs provider Beneplace has been acquired by Platform Partners. The acquisition will provide Beneplace with the resources for expanding its presence geographically. 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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