Daily Deal Activity 07/20/17

Digital Media/Commerce

gaming

Game-based learning platform Kahoot has raised $10 million in a round of funding led by private investors with participation from Microsoft Ventures, Creandum, and Northzone. The company will use the new round of funding for expanding internationally.

mobile content/apps

Mobile shopping keyboard company Chatter Commerce has been acquired by Rakuten-backed messaging app Viber. Chatter Commerce had previously raised $1.3 million in funding from Rakuten. Terms of the deal were not disclosed.

social media/apps

South Korea-based music streaming company iRiver has acquired social singing and music app Everysing. The acquisition will provide iRiver with an expanded user base. Terms of the deal were not disclosed.

social media/apps

Mobile gamer’s communications app Plexchat has raised $7 million in a round of funding from Raine Ventures, First Round Capital, and Lumia Capital. The company will use the new round of funding for expanding operations.

digital advertising

comparison shopping

Internet Brands will acquire discount dental plans and healthcare benefits marketplace Dentalplans.com. The acquisition will see Dentalplans.com integrated into Internet Brands’ Health portfolio. Terms of the deal were not disclosed.

local search

Healthcare appointments scheduling and search platform DocASAP has raised an undisclosed amount of funding from Cohen Private Ventures. The company will use the new round of funding for expanding headcount.

marketing Technology

analytics & targeting

Customer experience insights and targeting solutions developer Decooda International has raised an undisclosed amount of funding from TechSophy. The company will use the new round of funding for expanding headcount.

analytics & targeting

SaaS-based website revenue optimization and solutions company Dynamic Yield has raised $9 million in additional Series C funding from Deutsche Telekom Capital Partners. The new investment brings Dynamic Yield’s total Series C funding to $31 million.

analytics & targeting

Demand orchestration platform Integrate has raised $8 million in Series D funding from Iron Gate Capital, Foundry Group, Forte Ventures, Comcast Ventures, Liberty Global, and Chestnut Street Ventures. The company will use the new round of funding for expanding operations.

search & discovery

Natural language search technology company Insight Engines has raised $15.8 million in a round of funding led by August Capital with participation from Real Ventures and Data Collective. The company will use the new round of funding for sales and marketing efforts.

segmentation/data mining, analytics & targeting

Programmatic direct mail solution PebblePost has raised $47 million in equity and debt funding from RRE Ventures and Silicon Valley Bank. The $20 million in new equity capital is additional to the $15 million RRE-led investment previously announced.

teleservices/eservices

Automated customer support chat platform Ada Support has raised $2.5 million in a round of funding from Bessemer Venture Partners and Version One Ventures. The company will use the new round of funding for product development initiatives.

teleservices/eservices

Smartphones and IoT devices customer care solution B2X Care Solutions has raised $4.9 million in a round of funding from Seligman Private Equity and Earlybird Venture Capital. The company will use the new round of funding for expanding marketing and sales divisions.

agency & marketing services

digital agency, design agency

Germany-based creative agency thjnk has been acquired by WPP. The acquisition will see thjnk remain an independent brand within WPP, and provide the company with an expanded presence within Western Continental Europe. Terms of the deal were not disclosed.

specialty agency, entertainment media

Record label distribution and rights management company Cinq Music has raised $20 million in a round of funding from GoDigital Media Group. The company will use the new round of funding for music rights purchasing initiatives.

specialty agency

Digital marketing services provider Heart+Hammer has acquired sports animation company Stadium Sports Animation. The acquisition will provide Heart+Hammer with an expanded client base. Terms of the deal were not disclosed.

traditional media

b-to-b media

Franchise trade shows and conferences operator MFV Expositions has been acquired by France-based Comexposium. The acquisition will provide Comexposium with an expanded international presence. Terms of the deal were not disclosed.

consumer magazine publishing

The Netherlands-based puzzle magazines publisher Keesing Media Group has been acquired by Ergon Capital Partners from Telegraaf Media Group in a transaction valued at $173.6 million.

consumer magazine publishing

Fashion magazine publisher Tartan Publishing has been acquired by fashion and beauty magazine publisher Buro 24/7. The acquisition will be complementary to Buro’s culture and lifestyle portfolio. Terms of the deal were not disclosed.

Software

cloud computing

Machine intelligence solutions company Graphcore has raised $30 million in Series B funding led by Atomico with participation from Amadeus Capital, Robert Bosch Venture Capital, and Dell Technologies Capital. The company will use the new round of funding for product development.

data management

Cross-platform database tools developer AquaFold has been acquired by database test management tools company IDERA. The acquisition will see AquaFold integrated into IDERA’s database development and management portfolio. Terms of the deal were not disclosed.

financial

Sweden-based payment solutions company Bambora has been acquired by Ingenico Group from Nordic Capital for $1.7 billion. Bambora has reported LTM revenue for the period ended December 31 2016 of $213 million, representing an LTM revenue multiple of 8.2x.

financial

Fixed income asset registry and communication platform DealVector has raised an undisclosed amount of funding from Tradeweb Markets. The company will use the new round of funding for expanding operations.

financial

Lendkey, developer of lending-as-a-service solutions for banks and credit unions, has raised $8 million in a round of funding from North Atlantic Capital, DFJ, and Updata Partners. The company will use the funding for expanding its sales division.

financial

Small business bookkeeping automation platform Receipt Bank has raised $50 million in Series B funding from Insight Venture Partners. The company will use the new round of funding for product development initiatives.

healthcare

Patient records management and health information systems company aXigate has been acquired by Pharmagest Interactive-backed Malta Informatique. The acquisition will provide Malta Informatique with an expanded care activity management solution. Terms of the deal were not disclosed.

healthcare

Home healthcare and hospice solutions developer DeVero has been acquired by electronic health records company Netsmart. The acquisition will provide Netsmart with complementary post-acute care offerings. Terms of the deal were not disclosed.

information

geo-demo information

Online fiber mapping database operator FiberLocator has been acquired by telecom data solutions company CCMI from NEF. The acquisition will provide CCMI with an expanded carriers and on-net buildings information offering. Terms of the deal were not disclosed.

healthcare information

FDAnews, a provider of regulatory information to the clinical research and medical device industries, has been acquired by WIRB-Copernicus Group. The acquisition will complementary to WIRB-Copernicus’ CenterWatch offering. Terms of the deal were not disclosed.

business services

it consulting

WestView Capital Partners has acquired a majority stake in managed IT solutions company Abacus Group. The acquisition will provide Abacus with the resources for expanding its geographic presence. Terms of the deal were not disclosed.

it consulting

IT services provider Performance Data has been acquired by data center services and support company Park Place Technologies. The acquisition will provide Park Place with an expanded international presence. Terms of the deal were not disclosed.

it consulting

Australia-based user experience design and integration services company TigerSpike has been acquired by SYNNEX-backed Concentrix. The acquisition will be complementary to Concentrix’s existing digital and enterprise mobility capabilities. Terms of the deal were not disclosed.

logistics

France-based on-demand logistics startup Cubyn has raised $7 million in Series A funding from DN Capital, BNP Paribas, Partech Ventures, and 360 Capital Partners. The company will use the new round of funding for expanding its geographic presence within France.

staffing

College graduate recruiting firm GradStaff has been acquired by University Ventures. The acquisition will provide GradStaff with the resources for expanding its geographic presence. 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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