Daily Deal Activity 06/12/17

Digital Media/Commerce

digital marketplace

Website development services platform Lorem Technologies has raised $1.1 million in a round of funding from Flybridge with participation from Founder Collective and private investors. The company will use the new round of funding for expanding operations.

ecommerce

Ridesharing company Lyft has received a $25 million investment from Jaguar Land Rover’s InMotion Ventures. The contribution is additional to the $500 million round of funding raised by Lyft this past April.

social media/apps

China-based social matchmaking app Tantan has raised $70 million in Series D funding from YY (Nasdaq:YY). The company will use the new round of funding for growing its user base and presence within Asia.

digital advertising

local search

Roommate search platform Roomi has acquired roommate and room rental search platform The Room Ring. The acquisition will provide Roomi with an expanded presence within the shared housing market. Terms of the deal were not disclosed.

marketing Technology

mrm/workflow management

Digital workflow and eSignatures platform HelloSign has raised $16 million in Series B funding led by Foundry Group with participation from US Venture Partners, Greylock Partners, and Webb Investment Networks. The company will use the new round of funding for expanding operations.

agency & marketing services

digital agency

Turkey-based digital and creative services provider SesliHarfler has been acquired by Dentsu Aegis Network. The acquisition will see SesliHarfler will be integrated into Isobar. Terms of the deal were not disclosed.

traditional media

entertainment media

Drone Racing League has raised $20 million in Series B funding from Sky, Liberty Media, Hearst Ventures, Lerer Hippeau Ventures, and Lux Capital. The company will use the new round of funding for expanding its broadcast network.

entertainment media

Virtual reality entertainment company Nomadic has raised $6 million in a round of funding from Horizons Ventures, Maveron, Presence Capital, Vulcan Capital, and Verus International. The company will use the funding for expanding its presence internationally.

entertainment media

Daily newspaper The Japan Times will be acquired by Japan-based public relations company News2U from Nifco. The acquisition will see will allow Nifco to focus on its auto parts business. Terms of the deal were not disclosed.

Software

big data

Machine learning solutions company CrowdFlower has raised $20 million in a round of funding led by Industry Ventures with participation from Salesforce Ventures, Canvas Ventures, Microsoft Ventures, and Trinity Ventures. The company will use the new round of funding for hiring talent.

cloud computing

China-based cloud computing solutions company CloudCare has raised $14 million in a round of funding from Fosun Group and Sequoia Capital. The company will use the new round of funding for expanding its engineering division.

cloud computing

China-based enterprise cloud service provider QingCloud has raised $159 million in Series D funding from Zhiyaun Capital and Lightspeed Ventures. The company will use the new round of funding for product development efforts.

cloud computing

China-based cloud services firm SpeedyCloud has raised $14 million in a round of funding from CASH Capital Investment Management. The company will use the new round of funding for research and development initiatives.

credit/risk

SaaS-based financial regulatory platform Compliance.ai has raised $4 million in a round of funding from Cota Capital. The company will use the new round of funding for expanding its marketing and sales divisions.

erp

ORBCOMM (Nasdaq:ORBC) has acquired fleet management and telematics company inthinc for $60 million. The acquisition will be complementary to ORBCOMM’s industrial Internet of Things capabilities. Financial information was not disclosed.

financial

SaaS-based microfinance banking platform awamo has raised $2.2 million in a round of funding from private investors. The company will use the new round of funding for expanding its presence within Africa.

financial

Brazil-based subscription management company Smartbill has acquired recurring billing and payment solutions developer Vindi. The acquisition will provide Smartbill with an expanded presence within Latin America. Terms of the deal were not disclosed.

financial

Blockchain network solutions developer Stratumn has raised $7.8 million in a round of funding from Otium Venture, Nasdaq, and Open CNP. The company will use the new round of funding for expanding its presence internationally.

healthcare

Genetic information company Invitae (NYSE:NVTA) has acquired genetic information software developer Ommdom. The acquisition will provide Invitae with a complementary genome management offering. Terms of the deal were not disclosed.

hr

UK-based auto pension enrollment solutions provider Smart Pension has raised $19 million in a round of funding from private investors. The company will use the new round of funding for expanding operations.

security

Cybersecurity and security management solutions company Nextnine has been acquired by Honeywell International. The acquisition will be complementary to Honeywell’s existing cybersecurity offerings. 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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