Daily Deal Activity 05/25/17

Digital Media/Commerce

digital marketplace, mobile content/apps

Real estate marketplace application Reali has raised $5 million in Series A funding from Signia Venture Partners. The company will use the new round of funding for product development and marketing initiatives.

ecommerce

Brazil-based taxi and ride sharing company 99 has raised $100 million in a round of funding from SoftBank. The company will use the new round of funding for expanding its geographic presence within Latin America.

ecommerce

On-demand indoor cycling classes company Peloton has raised $325 million at a reported valuation of $1.3 billion from Wellington Management, Fidelity Investment, Kleiner Perkins Caufield & Byers, True Ventures, Comcast Ventures, NBCUniversal, and QuestMark Partners.

gaming

Mobile game development company Muzhi will be acquired by Hunan Tianrun Digital Entertainment & Cultural Media for a reported $159 million. The acquisition will provide Hunan Tianrun with an expanded portfolio of mobile titles. Financial information was not disclosed.

mobile content/apps

Mustbin, developer of a mobile app for organizing and securing personal data, has been acquired by storage solutions company LifeSite. The acquisition will provide LifeSite with an expanded mobile offering. Terms of the deal were not disclosed.

marketing Technology

analytics & targeting, crm

Account-based marketing platform Demandbase has raised $65 million in a round of funding from Sageview Capital, Adobe Systems, Altos Ventures, Greenspring Associates, Scale Venture Partners, Sigma Partners, and Split Rock Partners. The company will use the new round of funding for product development efforts.

crm, financial software

Landlord rental process solutions provider Rentalutions has raised $2 million in a round of funding from Cultivation Capital and M25 Group. The company will use the new round of funding for product development.

market research

Funke Media Group will acquire Germany-based market research services provider Trendence. The acquisition will see Trendence integrated into Funke’s career websites subsidiary Absolventa. Terms of the deal were not disclosed.

marketing data, market research

Software reviews platform G2 Crowd has raised $30 million in Series B funding led by Accel Partners with participation from LinkedIn and Pritzker Group Venture Capital. The company will use the new round of funding for expanding its presence internationally.

social technology

Digital Roots, a developer of social customer engagement solutions, has been acquired by virtual assistant solutions company Interactions. The acquisition will provide Interactions with a strengthened social offering. Terms of the deal were not disclosed.

traditional media

b-to-b media

Emerald Expositions has acquired winter and outdoor sports industry shows operator SnowSports Industries. The acquisition will see SnowSports Industries integrated into Outdoor Retailer. Terms of the deal were not disclosed.

b-to-b media

Fashion and beauty conferences operator Simply Stylist has been acquired by NYLON Media. The acquisition will provide NYLON with an expanded conferences portfolio. Terms of the deal were not disclosed.

Software

big data

Time Series data solutions company Nutonian has been acquired by loan default prediction company DataRobot. The acquisition will provide DataRobot with an expanded machine learning capabilities. Terms of the deal were not disclosed.

big data

Big data analytics startup SpectX has raised an undisclosed amount of funding from Karma Ventures. The company will use the new round of funding for expanding headcount while focusing on product development.

financial

Payment cycle management platform Billtrust has raised $50 million in a round of funding from Riverwood Capital Management. The company will use the new round of funding for expanding into adjacent vertical markets.

financial

iSigma, developer of a SaaS-based customer care and billing platform for utilities and energy resellers, has been acquired by Energy Services Group. The acquisition will provide Energy Services Group with an expanded presence within North America. Terms of the deal were not disclosed.

financial

Primus Capital has taken an undisclosed minority stake in MBO Partners, a developer of compliance and payment solutions for independent professionals. The company will use the investment proceeds for expanding operations. Terms of the deal were not disclosed.

financial, financial consulting

Wealth management startup Prumentum Group has raised $25 million in a round of funding from undisclosed investors. The company will use the new round of funding for acquiring a minority stake in investment advisory firm Plancorp.

financial

Callidus Software (Nasdaq:CALD) has acquired revenue management solutions developer RevSym. The acquisition will RevSym integrated into Callidus’ Commissions, Configure Price Quote, and Contract Lifecycle Management solutions. Terms of the deal were not disclosed.

healthcare

Medical imaging solutions company Viz has raised $7.5 million in a round of funding from Danhua Capital, Innovation Endeavors, and AME Cloud Ventures. The company will use the new round of funding for expanding its engineering division.

hr

SaaS-based payroll and human resources solutions company Electronic Commerce has acquired human capital management solutions cfactor Works. The combined entity will operate under the name Vibe HCM. Terms of the deal were not disclosed.

hr

Employee data and analytics company Qlearsite has raised $7.7 million in a round of funding from Summa Equity. The company will use the new round of funding for product development and hiring talent.

security

Security and IT endpoint communications platform Tanium has raised $100 million at a reported valuation of $3.8 billion in a round of funding from TPG Growth and IVP. The company will use the new round of funding for providing liquidity to early employees and investors.

software development tools

Codenvy, developer of a cloud environment for coding and building applications, has been acquired by Red Hat. The acquisition coincides with Red Hat’s containerization strategy. Terms of the deal were not disclosed.

software development tools

SaaS-based eCommerce startup Paddle has acquired software development and distribution toolkit provider MacPaw. The acquisition will provide Paddle with an expanded platform for software businesses. Terms of the deal were not disclosed.

information

healthcare information

Medical information database Walnut Medical has been acquired by India-based pharmaceuticals company Piramal Enterprises. The acquisition will provide Piramal with an expanded online medical market database. 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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