Daily Deal Activity 06/08/17

Digital Media/Commerce

digital marketplace

China-based apartment rental startup Coming Space has raised $29 million in a round of funding from Neoglory Group. The company will use the new round of funding for building out its geographic presence.

ecommerce

Food ordering and delivery application Foodler has been acquired by Grubhub. The acquisition will provide Grubhub with expanded customer buying habit and personalization capabilities. Terms of the deal were not disclosed.

social media/apps

Gaming chat platform Discord has raised $50 million at a reported valuation of $750 million from Index Ventures with participation from Institutional Venture Partners, Spark Capital, Greylock Partners, and Benchmark. The company will use the new round of funding for expanding headcount.

social media/apps

Germany-based social application Jodel has raised $6.7 million in a round of funding from Floodgate, Global Founders Network, and Atlantic Internet. The company will use the new round of funding for expanding its user base.

social media/apps

Online beauty products marketplace @cosme has acquired beauty social network MakeupAlley. The acquisition will provide @cosme with an expanded beauty information portal offering. Terms of the deal were not disclosed.

digital advertising

ad networks/exchanges

Native ad marketplace Pressboard has raised $2 million in a round of funding from Vancouver Founder Fund. The company will use the new round of funding for expanding its marketing and partnerships divisions.

marketing Technology

bi tools

Financial and operational planning solutions company Tidemark has been acquired by corporate performance management company Longview Solutions. The acquisition will provide Longview with strengthened performance analytics capabilities. Terms of the deal were not disclosed.

crm

Japan-based pharmaceutical customer relationship management systems developer Mythos will be acquired by Pharmarise Holdings Corporation for $2.8 million. The acquisition will provide Pharmarise with an expanded communication platform. Financial information was not disclosed.

email/messaging software

Conversation marketing platform Automat has raised $8.3 million in Series A funding led by You & Mr Jones with participation from Comcast Ventures, Omidyar Technology Ventures, Relay Ventures, and Real Ventures. The company will use the funding for expanding its engineering division.

email/messaging software

Messaging and live-video interaction solutions provider Wavecell has raised $8.2 million in Series B funding led by Qualgro, MDI Ventures, and Wavemaker Partners. The company will use the new round of funding for product development efforts.

mrm/workflow management, mobile content/apps

Restaurant administration workflow app Sous has been acquired by restaurant ordering and customer management platform BlueCart. The acquisition will see Sous integrated into the BlueCart app. Terms of the deal were not disclosed.

search & discovery

Hosted search solutions company Algolia has raised $53 million in Series B funding led by Accel Partners with participation from Alven Capital, Storm Ventures, and Point Nine Capital. The company will use the new round of funding for product development.

sfa/lead management

Sales and business productivity solutions company Conga has raised and undisclosed amount of funding from Salesforce Ventures. The company will use the new round of funding for product development initiatives.

agency & marketing services

digital agency, email services

Email marketing agency Alchemy Worx has been acquired by email marketing solutions company SellUP. The acquisition will provide SellUP with an expanded international presence. Terms of the deal were not disclosed.

digital agency

Interactive marketing and advertising agency Xtopoly has been acquired by software development services provider Vincit. The acquisition will provide Vincit with an expanded presence within the US. Terms of the deal were not disclosed.

general agency

Vivendi will acquire a 60 percent majority stake in Havas from Bollore Group in a transaction valuing the company at $4.1 billion. The acquisition of $10.37 per Havas share represents an 8 percent premium over the company’s June 7 closing price. Havas has reported LTM revenues for the period ended December 31 2016 of $2.4 billion and reported LTM EBITDA of $387.4 million, representing an LTM revenue multiple of 1.6x and an LTM EBITDA multiple of 10.2x.

Software

big data

Data science and predictive analytics company Elite Analytics has been acquired by Aviana Global Technologies. The acquisition will provide Aviana with expanded data mining capabilities. Terms of the deal were not disclosed.

cloud computing

Artificial intelligence and computing software developer Beyond Limits has raised $20 million in a round of funding from BP Technology Partners. The company will use the new round of funding for research and development initiatives.

collaboration

Construction project management applications company FieldLens has been acquired by WeWork. The acquisition will provide WeWork with an expanded space design and operation capabilities. Terms of the deal were not disclosed.

credit/risk

Risk management software developer Riskonnect has been acquired by Thoma Bravo from Level Equity Management and Western Technology Investment. The acquisition will provide Riskonnect with the resources for expanding operations. Terms of the deal were not disclosed.

erp

SaaS-based fleet management and asset-tracking solutions developer GPSTrackIt has been acquired by Inverness Graham Investments. The acquisition will provide GPSTrackIt with the resources for expanding headcount. Terms of the deal were not disclosed.

financial

Addepar, developer of an operating system for the financial sector, has raised $140 million in Series D funding from Valor Equity Partners, 8VC, and QuantRes. The company will use the new round of funding for research and development efforts.

financial

Accounts payable and payment automation solutions provider AvidXchange has raised $300 million in a round of funding from CDPQ, Temasek, and Mastercard. The company will use the new round of funding for expanding operations.

geo-demo

Transportation and geomarketing solutions company PTV will be acquired by Porsche. The acquisition will provide Porsche with an expanded presence within the transport planning and logistics sectors. Terms of the deal were not disclosed.

hr

Testing services company PSI Services has acquired behavioral assessment and recruitment decisioning software developer Assessment & Development Consultants. The acquisition will provide PSI with an expanded business assessment platform. Terms of the deal were not disclosed.

infrastructure

Apptegy, a developer of digital frameworks for schools, has raised $5.7 million in a round of funding from Five Elms Capital. The company will use the new round of funding for expanding marketing and sales efforts.

security

Cybersecurity solutions company Obsidian Security has raised $9.5 million in Series A funding from Greylock Partners. The company will use the new round of funding product development and expanding headcount.

information

engineering/scientific/tech information

Chemicals and materials artificial intelligence platform Citrine Informatics has raised $7.6 million in a round of funding from Innovation Endeavors, Data Collective, Prelude Ventures, and AME Cloud Ventures. The company will use the new round of funding for expanding its customer base.

financial information

Equity research solution Canalyst has received an undisclosed investment from WorldQuant Ventures. The company will use the new round of funding for expanding its offering for small- and mid-cap companies.

Business Services

healthcare consulting

Healthcare digital marketing platform Clariture Health has acquired hospital revenue growth strategies provider Aegis Health Group. The acquisition will provide Clariture with an expanded population health services offering. Terms of the deal were not disclosed.

it consulting

UK-based data center and network services provider Company85 has been acquired by Telstra. The acquisition will provide Telstra with an expanded services offering for the UK. Terms of the deal were not disclosed.

it consulting

Huron Capital-backed IT solutions company InterVision has acquired managed and professional services company Netelligent. The acquisition will provide InterVision with an expanded geographic presence. Terms of the deal were not disclosed.

it consulting

IT services and consulting firm NexusTek has acquired IT support services company CyberTrails. The acquisition will provide NexusTek with an expanded presence within North America. Terms of the deal were not disclosed.

printing services

Print management and marketing services company Badger Graphic Systems has been acquired by promotional products distributor and marketing services company Quality Resource Group. Terms of the deal were not disclosed.

training

Compliance and governance training programs provider True Office Learning (formerly known as NYSE Governance Services) has been acquired by Marlin Equity Partners from Intercontinental Exchange. 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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