Daily Deal Activity 06/28/17

Digital Media/Commerce

digital marketplace

Long-term sublets marketplace Flip has raised $2.2 million in a round of funding from Union Square Ventures, Techstars, and Collaborative Fund. The company will use the new round of funding for hiring talent.

ecommerce

Hospitality traveling company Cabin has raised $3 million in a round of funding from Founders Fund, Floodgate, and Box Group. The company will use the new round of funding for expanding its geographic presence.

ecommerce

Germany-based online craftsmanship and industrial supplies store Contorion will be acquired by Germany-based tool supplier Hoffmann. The acquisition will provide Hoffmann with an expanded digital presence. Terms of the deal were not disclosed.

ecommerce

Ukraine-based food delivery service Eda.ua was acquired by competitor Foodout. The acquisition will provide Foodout with an expanded presence within the Baltic States and Eastern Europe. Terms of the deal were not disclosed.

ecommerce

Alibaba has increased its stake in eCommerce firm Lazada from 51 percent to 83 percent with a $1 billion investment. The company will use the investment proceeds for continuing to expand its presence within Asia.

gaming

Augment reality gaming startup Wonder has raised $14 million in a round of funding from Grishin Robotics and TCL Communication. The company will use the new round of funding for product development initiatives.

mobile content/apps

Car360, developer of a camera application designed for the automotive industry, has raised $3.6 million in a round of funding from BIP Capital and Radical Investments. The company will use the new round of funding for sales and marketing efforts.

social media/apps

Outdoor recreation enthusiast’s social network Yonder has been acquired by dating app developer Luvbyrd. The acquisition will provide Luvbyrd with an expanded user base. Terms of the deal were not disclosed.

digital advertising

ad networks/exchanges

Germany-based mobile advertising technology company Fyber has raised $7.9 million in a round of funding from BillFront. The company will use the new round of funding for partnering with BillFront while expanding its presence within Germany.

ad networks/exchanges, analytics & targeting

RhythmOne will acquire certain assets of advertising technology RadiumOne for a consideration of up to $22 million. The acquisition will provide RhythmOne with expanded audience segmentation and targeting capabilities. Financial information was not disclosed.

comparison shopping

Online performance marketing company XLMedia has acquired Securethoughts.com, operator of a cybersecurity comparison website, for $2 million. The acquisition will be complementary to XLMedia’s non-gaming sectors division. Financial information was not disclosed.

digital promotion/coupon

Digital rewards and incentives provider Tango Card has raised $10 million in a round of funding from Western Technology Investment. The company will use the new round of funding for expanding its presence internationally.

online lead generation, search marketing

Performance-based marketing and affiliate network services company Underground Elephant has raised $7.5 million in financing from Pacific Mercantile Bank. The company will use the investment proceeds for expanding customer adoption initiatives.

marketing Technology

analytics & targeting

SaaS-based financial customer relationship management company Sidetrade has acquired B-to-B predictive marketing company C-Radar. The acquisition will provide Sidetrade with expanded sales prospecting capabilities. Terms of the deal were not disclosed.

creative production platform

Flashstock Technology, developer of a visual content platform for marketers, will be acquired by Shutterstock (NYSE:SSTK) for $50 million. The acquisition will provide Shutterstock with an expanded custom content offering. Financial information was not disclosed.

crm

LoyaltyExpress, a developer of cloud-based customer relationship management solution for mortgage companies and banks, has been acquired by New Capital Partners. The acquisition will provide LoyaltyExpress with the resources for expanding its engineering division. Terms of the deal were not disclosed.

email/messaging software

Email software solutions company MessageGears has raised $2.8 million in a round of funding from Covalent Interests and Hallett Capital. The company will use the new round of funding for expanding headcount.

mrm/workflow management

Real estate marketing materials development software Buildout has raised $8 million in Series A funding from Susquehanna Growth Equity. The company will use the new round of funding for expanding its presence within the commercial real estate industry.

product/price software

Singapore-based in-store auditing and shelf monitoring software Trax has raised $64 million in a round of funding from Warburg Pincus. The company will use the new round of funding for expanding its presence within the US.

agency & Marketing services

design agency

Bertram Capital-backed CreativeDrive has acquired online content production and social content creation company DoubleDigit. The acquisition will provide CreativeDrive with expanded digital design capabilities. Terms of the deal were not disclosed.

digital agency

IDEAS + CARS, a provider of advertising services to the automobile industry, has been acquired by gaming and digital media company Millennial Esports for $4.5 million. Financial information was not disclosed.

digital agency

Mobile strategy and design firm Intrepid Pursuits has been acquired by Accenture. The acquisition will provide Accenture Digital with an expanded native app development offering. Terms of the deal were not disclosed.

digital agency

Ardian has taken a minority stake in Spain-based digital and media services agency T20. The company will use the investment proceeds for expanding its presence internationally. Terms of the deal were not disclosed.

traditional media

broadcast television

Television stations operator DTV America Corporation will be acquired by HC2. The acquisition will provide DTV with the resources for expanding its geographic presence. Terms of the deal were not disclosed.

digital place-based media

Solar power-assisted outdoor marketing company Ingenuity Sun Media has been acquired by SaaS-based device architecture development company Customer Mobile. The acquisition will provide Customer Mobile with an expanded digital display network. Terms of the deal were not disclosed.

entertainment media

China-based video content product Yinhekuyu Media has raised $29 million in a round of funding from Yungfeng Capital and Youku Tudou. The company will use the round of funding for producing new television content.

Software

big data

Machine learning platform Alegion has raised $3.6 million in Series A funding from RHS Investments. The company will use the new round of funding for scaling operations while focusing on product development.

big data

Big data startup Xcalar has raised $21 million in Series A funding led by Khosla Ventures with participation from Merus Capital. The company will use the new round of funding for expanding headcount.

cloud computing

Cloud deployment and management solutions Platform9 has raised $22 million in a round of funding from Canvas Ventures, Hewlett Packard Enterprise, Redpoint Ventures, and Menlo Ventures. The company will use the new round of funding for expanding its marketing division.

engineering

Machining and rapid prototyping software Xometry has raised $15 million in a round of funding from BMW i Ventures, GE Ventures, and Highland Capital Partners. The company will use the new round of funding for expanding sales efforts.

geo-demo

GPS technology developer Swift Navigation has raised $34 million in Series B funding from New Enterprise Associates and First Round Capital. The company will use the new round of funding for research and development efforts.

financial

SaaS-based financial institutions trading solution CacheMatrix will be acquired by BlackRock. The acquisition will provide CacheMatrix with the resources for expanding its enterprise-level customer base. Terms of the deal were not disclosed.

financial

Bond trading platform OpenDoor Securities has raised $10 million in Series A funding from private investors. The company will use the new round of funding for expanding its network of client institutions and banks.

healthcare

Sweden-based digital health company Kry has raised $23 million in Series A funding led by Accel Partners with participation from Creandum and Index Ventures. The company will use the new round of funding for expanding its presence within Europe.

security

Internet performance and security company Cloudflare has raised $100 million in a round of funding from New Enterprise Associates, Venrock, and Pelion Venture Partners. The company will use the new round of funding for product development efforts.

security

eCommerce fraud prevention solution Riskified has raised $33 million in a round of funding from Pitango Growth, Capital One Growth Ventures, Group Arnault, C4 Ventures, and Qumra Capital. The company will use the new round of funding for expanding its presence internationally.

virtualization

Data virtualization software developer Denodo has been acquired by HGGC. The acquisition will provide Denodo with the resources for expanding its sales and marketing divisions. Terms of the deal were not disclosed.

information

healthcare information

Patient education and engagement solutions company PatientPoint has raised $140 million in a round of funding from Searchlight Capital Partners and Silver Point Capital. The company will use the new round of funding for expanding the digital presence of its point-of-care networks.

business services

it consulting

Digital asset management software provider WoodWing has acquired integration and workflow consultancy Emerge Consulting. The acquisition will provide WoodWing with an expanded managed services offering. 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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