Daily Deal Activity 08/01/17

Digital Media/Commerce

digital marketplace

Home exchange platform Love Home Swap has been acquired by Wyndham Worldwide for $53 million. The acquisition will see Love Home Swap integrated into Wyndham’s RCI division. Financial information was not disclosed.

digital marketplace

Online car buying marketplace Next Technology has raised $5.2 million in a round of funding from Bullpen Capital. The company will use the new round of funding for expanding its presence within the US.

ecommerce

On-demand gas services company Booster has raised $20 million in Series B funding led by Conversion Capital with participation from Maveron, Madrona Venture Group, and RRE Ventures. The company will use the new round of funding for expanding its geographic presence.

ecommerce

Home insurance startup Kin Insurance has raised $4 million in a round of funding from Commerce Ventures, Omidyar Network, and Chicago Ventures. The company will use the new round of funding for expanding operations.

ecommerce

Children’s programming and events reservation platform Sawyer has raised $6 million in a round of funding from Advance Venture Partners, 311 Ventures, and Collaborative Fund. The company will use the new round of funding for expanding operations.

ecommerce, entertainment media

Sony Pictures Television will acquire a majority stake in anime streaming portal and distribution company Funimation in a transaction valuing the company at $150 million. Financial information was not disclosed.

ecommerce

Estonia-based ride-sharing company Taxify has raised an undisclosed amount of funding from Didi Chuxing. The company will use the new round of funding for expanding its presence within Europe and Africa.

ecommerce, consumer book publishing

Personalized children’s book publisher Wonderbly has raised $8.5 million in a round of funding from Ravensburger with participation from GV, Project A Ventures, and Greycroft Partners. The company will use the new round of funding for expanding internationally.

mobile content/apps

Virtual reality experience app Inception has raised $15 million in a round of funding led by RTL Group with participation from private investors. The company will use the new round of funding for expanding its content catalog.

niche content, social media/apps

Reddit has raised $200 million at a reported valuation of $1.8 billion from Andreessen Horowitz, Sequoia Capital, Coatue Management, Vy Capital, and Fidelity Investments. The company will use the new round of funding for expanding headcount and redesigning its website.

marketing Technology

analytics & targeting, credit/risk

Identity scoring and targeting company Juvo has raised $40 million in a round of funding from New Enterprise Associates, Wing Venture Capital, and SignalFire. The company will use the new round of funding for expanding its presence within Asia and Latin America.

commerce management

Namogoo, developer of an invasive promotions detection platform for eCommerce sites, has raised $8 million in Series A funding from GreatPoint Ventures, Blumberg Capital, and Inimiti Capital. The company will use the new round of funding for expanding marketing initiatives.

sfa/lead management, healthcare

Limelight Health, a provider of quoting, sales, and enrollment solutions for the employee benefits industry, has raised $7 million in a round of funding from MassMutual Ventures, AXA Strategic Ventures, and Plug and Play Ventures. The company will use the new round of funding for platform development.

agency & marketing services

design agency

Design and web marketing firm Giles-Parscale has been acquired by online design and eCommerce services provider CloudCommerce. The acquisition will provide CloudCommerce with an expanded geographic presence. Terms of the deal were not disclosed.

digital agency, b-to-b agency

B-to-B digital demand generation firm DemandWave has been acquired by Wpromote. The acquisition will provide Wpromote with an expanded presence on the West Coast. Terms of the deal were not disclosed.

specialty agency

Digital audio advertising services provider Rappio Advertising has been acquired by Fork Media. The acquisition will provide Fork Media with an expanded digital services offering. Terms of the deal were not disclosed.

traditional media

broadcast television

Over-the-air television programming company Katz Broadcasting will be acquired by The E.W. Scripps Company in a transaction valuing the company at $307.4 million. The acquisition will be complementary to E.W.’s over-the-top services. Financial information was not disclosed.

digital place-based media

Australia-based in-store media solutions company SBA Music has been acquired by Stingray Digital Media Group. The acquisition will provide Stingray with an expanded international presence. Terms of the deal were not disclosed.

entertainment media

Madison Square Garden Company has acquired a controlling stake in esports company CLG. The acquisition will provide MSG with an entrance into the esports market. Terms of the deal were not disclosed.

Software

application management

Cloud application connectivity solution Azuqua has raised $10.8 million in a round of funding led by Insight Venture Partners with participation from DFJ and Ignition Partners. The company will use the new round of funding for expanding its sales and marketing divisions.

application management

Sendece, developer of a platform for scaling applications automatically, has raised $1.5 million in a round of funding from Boldstart Ventures, Contour Venture Partners, Greycroft Partners, and Notation Capital. The company will use the new round of funding for expanding operations.

big data, crm

Authentication solutions company LogMeIn has acquired chatbot development and artificial intelligence solutions company Nanorep for $50 million. The acquisition will provide LogMeIn with expanded capabilities for its Bold360 platform. Financial information was not disclosed.

big data

Questions and answers artificial intelligence solutions developer Ozlo has been acquired by Facebook. The acquisition will see Ozlo integrated into Facebook’s messenger app. Terms of the deal were not disclosed.

cloud computing, application management

Cloud management platform Botmetric has raised $3 million in a round of funding from Blume Ventures and private investors. The company will use the new round of funding for expanding its presence within the US.

credit/risk

Germany-based process and debt management software developer ABIT will be acquired by Marlin Equity Partners from Findos Investor. The acquisition will provide ABIT with the resources for expanding its presence within Europe. Terms of the deal were not disclosed.

credit/risk

Contract pharmacy management and billing solutions company eAudit Solutions has been acquired by contract pharmacy administrator SUNRx. The acquisition will provide SUNRx with an expanded customer base. Terms of the deal were not disclosed.

 

erp

Fulfillment technology company CommonSense Robotics has raised $6 million in a round of funding from Aleph VC and Innovation Endeavors. The company will use the new round of funding for expanding operations.

erp

Warehouse inventory management solutions company ROC IT Solutions has been acquired by life sciences supply chain company TraceLink. The acquisition will provide TraceLink with strengthened product data offerings for its digital supply chain network. Terms of the deal were not disclosed.

financial

Mortgage lending technology solutions company PCLender has been acquired by financial technology company Fiserv. The acquisition will provide Fiserv with an expanded mortgage lending offering. Terms of the deal were not disclosed.

healthcare

Practice management and clinical analytics solutions provider EagleDream Health has been acquired by NextGen Healthcare Information Systems for $26 million. The acquisition will provide NextGen with an expanded analytics offering. Financial information was not disclosed.

security

Data center and cloud security platform GuardiCore has raised $15 million in a round of funding from Battery Ventures, 83North, Dell Technologies Capital, and Cisco Investments. The company will use the new round of funding for expanding headcount.

security

Security and compliance solutions company Qualys (Nasdaq:QLYS) will acquire LAN security solutions provider Nevis Networks. The acquisition will be complementary to Qualys’ technology stack. Terms of the deal were not disclosed.

security

Implicit authentication platform UnifyID has raised $20 million in a round of funding from New Enterprise Associates. The company will use the new round of funding for expanding headcount and product development efforts.

software development tools

Application development platform Bitrise has raised $3.2 million in a round of funding from OpenOcean and Fiedler Capital. The company will use the new round of funding for expanding its engineering division.

software development tools

GameSparks, a provider of backend-as-a-service solutions for game developers, has been acquired by Amazon for a reported $10 million. The acquisition will provide AWS with expanded capabilities for game development. Financial information was 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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