Daily Deal Activity 06/01/18
June 4, 2018 Leave a comment
Digital Media/Commerce
digital marketplace
Pre-owned fashion marketplace The 2nd Edits has been acquired by second-hand designer fashion products company Rebelle. The acquisition will provide Rebelle with an expanded presence within Europe. Terms of the deal were not disclosed.
gaming
Game development firm Avalanche Studios has been acquired by Nordisk Films in a transaction valuing the company at $104 million. The acquisition will provide Nordisk with an expanded presence within the global gaming market. Financial information was not disclosed.
mobile content/apps, financial
Mobile banking company Chime has raised $70 million in a round of funding from Menlo Ventures, Forerunner Ventures, Aspect Ventures, Cathay Innovation, Northwestern Mutual, Crosslink Capital, and Omidyar Network. The company will use the new round of funding for expanding operations.
mobile content/apps, financial
Digital banking platform NorthOne has raised $2 million in a round of funding from Ferst Capital Partners and private investors. The company will use the new round of funding for expanding marketing and sales efforts.
mobile content/apps, ecommerce
Parking discovery and booking application ParkWhiz has acquired competitor CodiPark. The acquisition will provide ParkWhiz with an expanded geographic presence within North America. Terms of the deal were not disclosed.
Marketing Technology
analytics & Targeting
End-to-end call experience analytics company AVOKE Analytics has been acquired by West Corporation from Raytheon Company. The acquisition will be complementary to West Corp.’s portfolio of voice, text, and unified communication solutions. Terms of the deal were not disclosed.
creative production platform
Emagispace, developer of an online platform for interior construction and designing services, has raised $5.1 million in a round of funding from Alpha Edison. The company will use the new round of funding for product development.
media management system
Media planning software company Blackwood Seven has raised $19.6 million in a round of funding from Jolt Capital, Sunstone Capital, and Conor Venture Partners. The company will use the new round of funding for expanding its presence within Europe.
mrm/workflow managmenet, hr software
Workflow solutions company Progressly has been acquired by Box (NYSE:BOX). The acquisition will provide Box with expanded contract management and employee onboarding capabilities. Terms of the deal were not disclosed.
search & discovery, analytics & Targeting
Contextualized data mapping company TickerTags has been acquired by data-driven research and analytics company M Science. The acquisition will provide M Science with an expanded network of tagged language. Terms of the deal were not disclosed.
social technology, analytics & Targeting
Influencer marketing firm Ahalogy will be acquired by Quotient Technology in a transaction valuing the company at $50 million. Quotient will pay $20 million in cash at close with a contingent consideration of up to $30 million to be paid through 2019. Financial information was not disclosed.
Software
application management
Application intelligence platform Cast has raised $12 million in a round of funding from DevFactoy and Boston Consulting Group. The company will use the new round of funding for expanding its presence internationally.
cloud computing
China-based cloud data services company BaishanCloud has received an undisclosed equity investment from Galaxy Dinfa Investment and Jinsheng Capital. The company will use the new round of funding for product development.
collaboration, financial
Honest Buildings, a developer of project management solutions for real estate owners, has raised $5 million in a round of funding from First Capital Realty. The new investment brings the company’s Series B total to $30 million.
erp
Supply chain streamlining solutions company Bext360 has raised $2.2 million in a round of funding from SKS Ventures and Plug and Play Ventures. The company will use the round of funding for expanding its presence into new verticals.
hr
Corporate travel booking solutions company WhereTo has raised $8 million in a round of funding from Emergence Capital. The company will use the new round of funding for expanding its presence within the US and Europe.
legal
Legal services company Epiq Systems has acquired the eDiscovery business of Soliton Systems. The acquisition will provide Epiq Systems with an expanded presence within Japan. Terms of the deal were not disclosed.
security
End-to-end data protection and data privacy solutions company Virtru has raised $37.5 million in a round of funding from Bessemer Venture Partners, Iconiq Capital, New Enterprise Associates, Samsung NEXT, Blue Delta Capital, and Thyra Global.
software development tools
Weights & Biases, a developer of debugging solutions for machine learning models, has raised $5 million in a round of funding from Trinity Ventures and Bloomberg Beta. The company will use the new round of funding for expanding operations.
software nec
Public safety software firm TriTech Software Systems has been acquired by Bain Capital Private Equity. The acquisition will provide TriTech with the resources for expanding its presence geographically. Terms of the deal were not disclosed.
information
credit/risk information
Consumer credit reporting company Nova Credit has raised $16 million in a round of funding from General Catalyst. The company will use the new round of funding for hiring talent and expanding its presence internationally.
business services
healthcare consulting
Revenue cycle management services firm Aspirion Health Resources has been acquired by Aquiline Capital Partners. The acquisition will provide Aspirion with the resources for expanding operations. Terms of the deal were not disclosed.
it consulting
IT and application infrastructure services company Infront Consulting Group has been acquired by managed services provider Green House Data. The acquisition will provide Green House Data with an expanded geographic presence. Terms of the deal were not disclosed.
it consulting
Data capacity management firm Sumerian has been acquired by IT operations analytics company ITRS. The acquisition will provide Sumerian with expanded risk scenario modeling capabilities. Terms of the deal were not disclosed.