Daily Deal Activity 04/25/17

Digital Media/Commerce

digital marketplace

India-based OYO Rooms, operator of a social marketplace for travel accommodations, has raised $250 million at a reported valuation of $850 million in a round of funding led by SoftBank with participation from Lightspeed Venture Partners, Sequoia Capital, and Greenoaks Capital Partners.

ecommerce

Luxury car rentals company CarHopper has raised $1.5 million in a round of funding for private investors. The company will use the new round of funding for building out marketing and sales initiatives.

ecommerce

Germany-based business catering marketplace Lemoncat has raised $6.6 million in a round of funding from Northzone. The company will use the new round of funding for expanding its presence within Germany.

ecommerce

China-based bike sharing company Ofo has raised an undisclosed amount of funding from Alibaba-owned Ant Financial. The company will use the new round of funding for expanding its geographic presence.

mobile content/apps

Expense and overdraft fees app Dave.com has raised $3 million in a round of funding from undisclosed investors. The company will use the new round of funding for building out app functionality while hiring talent.

niche content

Online crafts community LoveCrafts has raised $33.3 million in a round of funding led by Scottish Equity Partners with participation from Balderton Capital and Highland Europe. The company will use the new round of funding for expanding internationally.

social media/apps

Payments company Square will acquire the engineering assets of anonymous chat groups app Yik Yak in a transaction valued at a reported $3 million. Yik Yak was most recently valued at a reported $400 million after raising a $75 million round of funding in November 2014. Financial information was not disclosed.

digital advertising

affiliate/cpa network

Social media network company Momentous Entertainment Group has acquired mobile affiliate network BLACKFOX.IO. The acquisition will coincide with Momentous Entertainment Group’s acquisition model. Terms of the deal were not disclosed.

marketing Technology

commerce management

SaaS-based eCommerce operations platform Deck Commerce has raised $2 million in a round of funding from Arsenal Capital Management. The company will use the new round of funding for expanding customer on-boarding efforts.

creative production platform , content management

Mobile images editor tool Pixlr has been acquired by online digital media library operator 123RF. The acquisition will provide 123RF with expanded image design capabilities. Terms of the deal were not disclosed.

Software

credit/risk

SaaS-based B-to-B anti-fraud solutions company W2 Global Data Solutions has raised an undisclosed amount of funding from Mercia Fund Management. The company will use the new round of funding for expanding headcount.

data management

Data management software solution Profisee has raised an undisclosed amount of funding from ParkerGale Capital. The company will use the new round of funding for expanding sales and marketing efforts.

financial

Open banking platform Token has raised $15.7 million in a round of funding from EQT Ventures, Octopus Ventures, and OP Financial Group. The company will use the new round of funding for expanding operations.

healthcare, mobile content/apps

UK-based healthcare consultations app developer Babylon Health has raised $60 million in a round of funding from Vostok New Ventures, NNS Holdings, and Kinnevik. The company will use the new round of funding for expanding its presence internationally.

healthcare, collaboration

Clinical communication platform Doc Halo has raised $11 million in Series A funding led by Bain Capital Ventures with participation from Refinery Ventures. The company will use the new round of funding for platform development efforts.

healthcare

Digital health startup Mpirica has raised $4.6 million in a round of funding from OurCrowd. The company will use the new round of funding for expanding its presence within the Medicare Advantage and employer benefits space.

healthcare, big data

Emergency response technology company RapidSOS has raised $14 million in Series A funding led by Highland Capital Partners with participation from A3 Ventures, The Westly Group, Two Sigma Ventures, Motorola Solutions Venture Capital, and Responder Ventures. The company will use the new round of funding for expanding operations.

healthcare

Clinical trials software platform developer Science 37 has raised $29 million in Series C funding led by Glynn Capital Management with participation from GV, Amgen Ventures, Lux Capital, and Redmile Group. The company will use the new round of funding for product development efforts.

hr

UK-based human resources tools and employee perks management platform Hibob has raised $17.5 million in Series A funding led by Battery Ventures with participation from Eight Roads Ventures, Bessemer Venture Partners, and Arbor Ventures. The company will use the funding for expanding sales efforts.

security, mobile technology

Mobile identity and authentication services company TeleSign Corporation has been acquired by BICS for $230 million. The acquisition will provide BICS with expanded capabilities for its cloud communications platform. Financial information was not disclosed.

security

Cloud container security solutions provider Twistlock has raised $17 million in Series B funding led by Polaris Partners with participation from YL Ventures, TenEleven, and Rally Ventures. The company will use the new round of funding for product development efforts.

information

healthcare information

Healthcare data linking and discovery platform HealthVerity has raised $10 million in Series B funding led by Flare Capital Partners and Greycroft Partners with participation from Foresite Capital. The company will use the new round of funding for expanding within the healthcare data ecosystem.

business services

logistics

India-based food logistics company Holachef has raised $3 million in Series B funding from SIDBI Venture Capital. The company will use the new round of funding for expanding its geographic presence domestically.

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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