Daily Deal Activity 05/04/17

Digital Media/Commerce

ecommerce, mobile content/apps

Indonesia-based on-demand motorbike company Go-Jek has raised $1.2 billion at a reported valuation of $3 billion in a round of funding from Tencent. The company will use the new round of funding for expanding its presence within Southeast Asia.

ecommerce

Australia-based online retail and auction company Grays eCommerce Group will be acquired by Eclipx Group for $134.6 million. Grays has reported LTM revenues for the period ended December 31 2016 of $99.8 million and LTM EBITDA of $9.7 million, representing an LTM revenue multiple of 1.3x and an LTM EBITDA multiple of 13.4x.

ecommerce

Online textbook retailer eCampus.com has acquired course materials management and book rental company Rafter. The acquisition will provide eCampus.com with expanded print and digital materials. Terms of the deal were not disclosed.

niche content

Curated podcast platform Acast has raised $3.4 million at a reported valuation of $33 million in a round of funding from Bonnier Growth Media and MOOR Capital. The company will use the new round of funding for hiring talent.

niche content

Online food publication Spoon University will be acquired by Scripps Networks Interactive in a transaction valued at a reported $10 million. The acquisition will provide Scripps’ Food Network channel with an expanded audience. Financial information was not disclosed.

marketing Technology

analytics & targeting

UK-based digital experience analytics platform Decibel Insight has raised $9 million in a round of funding led by Eight Road Ventures with participation from private investors. The company will use the new round of funding for scaling operations.

analytics & targeting

Analytics platform Heap has raised $27 million in Series B funding led by Menlo Ventures and New Enterprise Associates with participation from Initialized Capital and Pear VC. The company will use the new round of funding for expanding headcount.

commerce management

UK-based Clippings, a developer of eCommerce tools for the interior design industry, has raised $3.6 million in a round of funding from C4 Ventures. The company will use the new round of funding for product development efforts.

commerce management

eCommerce monetization platform MPP Global has raised $15 million in Series B funding from Albion Ventures and Grafton Capital. The company will use the new round of funding for expanding its geographic presence.

mrm/workflow management

Sweden-based E-invoicing solutions company Pagero has raised $10.9 million in a round of funding from Summa Equity. The company will use the new round of funding for focusing on product development and marketing initiatives.

social technology

Social selling platform PeopleLinx has been acquired by demand-generation software developer FRONTLINE. The acquisition will provide FRONTLINE with expanded social capabilities for its sales software suite. Terms of the deal were not disclosed.

agency & marketing services

digital agency

France-based digital strategy consulting group Lp digital has been acquired by B-to-B digital services company Alter Way. The acquisition will provide Alter Way with expanded web design capabilities. Terms of the deal were not disclosed.

traditional media

entertainment media

Sonar Entertainment will acquire the non-scripted and kids and family content assets of Tricon Films & Television. The acquisition will provide Sonar with an entrance into the family content vertical. Terms of the deal were not disclosed.

Software

big data

Big data processing company Fastdata.io has raised $1.5 million in a round of funding from Nvidia. The company will use the new round of funding for hiring talent while focusing on expanding marketing initiatives.

big data

China-based big data software developer Transwarp Technology has raised $34 million in a round of funding led by Tencent with participation from Triwise Capital and Co-Stone Capital. The company will use the new round of funding for product development.

cloud computing

IBM will acquire the private cloud and managed hosting services division of Verizon. The acquisition coincides with Verizon’s decision to exit the cloud infrastructure arena. Terms of the deal were not disclosed.

collaboration

Voice, video, and collaboration platform Fuze has raised a further $30 million in funding from undisclosed investors. The new investment brings Fuze’s round total to $134 million. The company will use the funding for product development.

erp

Germany-based godesys has acquired project management solutions company Collinor Software from High-Tech Grunderfonds. The acquisition will be complementary to godesys’ resource-planning software offering. Terms of the deal were not disclosed.

erp

Thoma Bravo will acquire the Kofax Enterprise Software business assets of Lexmark. The acquisition will provide Kofax with the resources for expanding its presence geographically. Terms of the deal were not disclosed.

geo-demo

Mapping and localization platform DeepMap has raised $32 million in a round of funding led by Accel Partners with participation from Andreessen Horowitz and GSR Ventures. The company will use the new round of funding for expanding headcount.

hr

Germany-based online talent assessment company cut-e has been acquired by Aon (NYSE:AON). The acquisition will see cut-e integrated into Aon’s Talent, Rewards & Performance division. Terms of the deal were not disclosed.

security

UK-based digital ad verification and malware detection tool PubGuard has raised an undisclosed amount of funding from Mercia Fund Management. The company will use the new round of funding for expanding its presence within the US.

security

Signifyd, developer of a fraud protection platform for eCommerce businesses, has raised $56 million in Series C funding led by Bain Capital Ventures with participation from Menlo Ventures and American Express Ventures. The company will use the new round of funding for expanding its engineering division.

software development tools

Product design simulation company Adaptive Simulations has raised $1.6 million in a round of funding from Creathor Venture and Karma Ventures. The company will use the new round of funding for expanding sales efforts.

information

financial information

Personal credit reports app developer Nav has raised a further $13 million in Series B funding from Goldman Sachs Principle Strategic Investments, CreditEase Fintech Investment Fund, Point72 Ventures, and Clocktower Technology Ventures. The new investment brings Nav’s round total to $38 million.

business services

it consulting

Database and consulting services company Pythian Group has raised $15 million in a round of funding from BDC Venture Capital. The company will use the investment proceeds 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.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: