Daily Deal Activity 06/06/17

Digital Media/Commerce

digital marketplace, financial information

Online real estate investment marketplace Cadre has raised $65 million in a round of funding led by Andreessen Horowitz with participation from Breyer Capital, Ford Foundation, General Catalyst, Goldman Sachs, Khosla Ventures, and Thrive Capital. The company will use the new round of funding for expanding its geographic presence.

digital marketplace, digital video

Yeay, developer of a video network for selling things, has raised $4.9 million in a round of funding from Grazia Equity and Mountain Partners. The company will use the new round of funding for expanding its presence internationally.

ecommerce

Online grocery marketplace Shipt has raised $40 million in Series B funding from Greycroft Ventures, e.ventures, and Harbert Venture Partners. The company will use the new round of funding for expanding its presence geographically.

ecommerce

Luxury consignment company The RealReal has raised $50 million in a round of funding from Great Hill Partners. The company will use the new round of funding for expanding its presence within the consignment category.

ecommerce

Alibaba Pictures Group has acquired a majority stake in India-based online ticketing company TicketNew. The transaction will see Alibaba invest $18 million in the company. Terms of the deal were not disclosed.

ecommerce

Automotive parts eCommerce platform TradeMotion has been acquired by Reynolds and Reynolds. The acquisition will provide Reynolds & Reynolds with an expanded eCommerce offering. Terms of the deal were not disclosed.

digital advertising

vertical search

Israel-based career recruitment platform Workey has raised $8 million in Series A funding from Pico Partners and Magma VC. The company will use the new round of funding for expanding its presence within the US.

marketing Technology

analytics & targeting

Placed, a developer of solutions for measuring the offline success of digital advertising campaigns, has been acquired by Snap (NYSE:SNAP) for $125 million. The acquisition will provide Snap with expanded location analytics capabilities. Financial information was not disclosed.

marketing data

Marketing research & development platform Quantifi has raised $2 million in a round of funding from High Alpha Capital and Router Ventures. The company will use the new round of funding for expanding marketing efforts.

product/price software

Retail products data enrichment company Edgecase has been acquired by eCommerce solutions company GroupBy. The acquisition will provide GroupBy with expanded search and merchandising capabilities. Terms of the deal were not disclosed.

search & discovery

Audio recognition solutions company Audiobirst has raised $6.7 million in a round of funding from Advanced Media and Flint Capital. The company will use the new round of funding for expanding headcount.

sfa/lead management

Visual marketing automation software Autopilot has raised $12 million in a round of funding led by Blackbird Ventures with participation from Rembrandt Partners, Salesforce Ventures, and Southern Cross Venture Partners. The company will use the new round of funding for hiring talent.

traditional media

b-to-b media

B-to-B media and information company Randall-Reilly has been acquired by Aurora Capital Partners. The acquisition will provide Randall-Reilly with the resources for expanding headcount. Terms of the deal were not disclosed.

newspaper publishing

Hearst has acquired the Connecticut-based print and digital assets of 21st Century Media Newspaper. The acquisition is complementary to Hearst Newspapers’ local media presence. Terms of the deal were not disclosed.

Software

big data

Self-service data analytics company Alteryx (NYSE:AYX) has acquired data science software developer Yhat. The acquisition will be complementary to Alteryx’s data analytics platform. Terms of the deal were not disclosed.

collaboration

Secure enterprise collaboration tools provider Wiretap has raised $4.9 million in a round of funding from Draper Triangle Ventures and Rev1 Ventures. The company will use the new round of funding for platform development initiatives.

credit/risk

The Netherlands-based automotive insurance industry data management software developer Colimbra has been acquired by Solera. The acquisition will provide Solera with expanded claims processing data capabilities. Terms of the deal were not disclosed.

data management

Contract lifecycle management solutions company Exari has acquired contract data discovery and capture company Adsensa. The acquisition will provide Exari with expand CLM capabilities. Terms of the deal were not disclosed.

financial

Bam, a provider of cash management and working capital solutions for the transportation industry, has raised $10 million in a round of funding from Millstone Capital Partners. The company will use the new round of funding for expanding sales efforts.

financial

Property information and analytics company CoreLogic (NYSE:CLGX) has acquired valuation technology and appraisal management platform Mercury Network from Serint Capital. The acquisition will be complementary to CoreLogic’s appraisal technology platform. Terms of the deal were not disclosed.

healthcare

Digital pharmacy solutions company Digital Pharmacist has raised $6.5 million in a round of funding from Activate Venture Partners and LiveOak Venture Partners. The company will use the new round of funding for product development efforts.

healthcare

Russia-based digital health company DOC+ has raised $5 million in a round of funding from Yandex and Baring Vostok. THE company will use the new round of funding for expanding its telemedicine consultations offering.

healthcare

Acute-care market solutions developer WhiteCloud Analytics has been acquired by Relias Learning. The acquisition will be complementary to Relias Learning’s Care Management Technologies division. Terms of the deal were not disclosed.

hr

France-based recruitment solutions company Clustree has raised $7.9 million in a round of funding from Creandum, Idinvest Partners, and Alven Capital. The company will use the new round of funding for hiring talent.

legal

Infractions negotiation platform Court Innovations has raised $1.8 million in a round of funding from private investors. The company will use the new round of funding for expanding its presence within the US.

security

Internet of Things security company Armis has raised $17 million in a round of funding from Sequoia Capital and Tenaya Capital. The company will use the new round of funding for expanding its engineering division.

security

Breach-risk platform Balbix has raised $8.6 million in a round of funding from Mayfield Fund. The company will use the new round of funding for expanding operations and product development initiatives.

security

Cloud security platform Netskope has raised $100 million in Series E funding from Lightspeed Venture Partners, Accel Partners, Social Capital, Iconiq Capital, Sapphire Ventures, and Geodesic Capital. The company will use the new round of funding for product development.

software development tools

Internet of Things enabled apps development platform Tulip has raised $13 million in Series A funding led by New Enterprise Associates with participation from Pitango Venture Capital. The company will use the new round of funding for expanding its design and research divisions.

Business Services

bpo

Synnex has acquired the Westcom-Comstor Americas division of Datatec for a reported $800 million. Westom-Comstor has reported LTM revenues for the period ended February 28th 2017 of $2.2 billion and LTM EBITDA of $89 million, representing an LTM revenue multiple of 0.4x and an LTM EBITDA multiple of 9.0x.

it consulting

Ernst & Young has acquired the IDENTITY Cybersecurity Consulting division of Open Windows. The acquisition will provide IDENTITY with the resources for expanding its presence internationally. Terms of the deal were not disclosed.

it consulting

Germany-based code language modernization services provider innoWake has been acquired by Deloitte. The acquisition will see innoWake integrated into Deloitte’s Application Modernization service. Terms of the deal were not disclosed.

staffing

Medical staffing company Fusion Healthcare Staffing has received an undisclosed equity investment from private investors. The company will use the new round of funding for expanding its presence within the locum tenens staffing market.

training

Continuing education program manager Trilogy Education Services has raised $30 million in Series A funding led by Highland Capital Partners with participation from Rethink Education and City Light Capital. The company will use the new round of funding for expanding operations.

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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