Daily Deal Activity 06/14/18

Digital Media/Commerce 

ecommerce

Online life insurance company Ethos has raised $11.5 million in a round of funding from Sequoia Capital and private investors. The company will use the new round of funding for product development initiatives. 

ecommerce

UK-based online grocery platform Farmdrop has raised $13.3 million in a round of funding from LGT Impact Ventures, Belltown Ventures, and Atomico. The company will use the new round of funding for expanding its presence domestically.

ecommerce

On-demand facilities management company Managed by Q has acquired on-demand office space planning and project management company NVS. The acquisition will provide Managed by Q with an expanded customer base. Terms of the deal were not disclosed.

ecommerce

China-based online pharmacy trading platform Yaoshibang has raised $66 million in a round of funding from Shunwei Capital and DCM Ventures. The company will use the new round of funding for expanding its presence within Southeast Asia.

mobile content/apps

Parental controls app FaceMetrics has raised $2 million in a round of funding from Larnabel Ventures and VP Capital. The company will use the new round of funding for expanding headcount and operations.

social media/apps

Australia-based eSports social media network Gamurs has raised $2.2 million in a round of funding from Alium Capital. The company will use the new round of funding for expanding its presence internationally. 

digital advertising

affiliate/cpa network

Online affiliate and content marketing company Raketech has acquired iGaming lead generation company Shogun Media. The acquisition will see Shogun integrated into Raketech’s existing pay per click and search engine optimization portfolio of companies. Terms of the deal were not disclosed. 

mobile marketing, ad networks/exchanges

Mobile-first programmatic performance marketing solution Smadex has been acquired by Entravision Communications. The acquisition will see Smadex integrated into Entravision’s performance digital marketing solutions business Headway. Terms of the deal were not disclosed. 

Marketing Technology 

analytics & Targeting

UK-based research and development analytics company PatSnap has raised $38 million in a round of funding from Sequoia Capital, Shunwei Capital, and Qualgro. The company will use the new round of funding for expanding its presence internationally.

marketing data

Commercial real estate data and analytics company Reonomy has raised $30 million in a round of funding from Sapphire Ventures, Bain Capital Ventures, and Softbank Capital. The company will use the new round of funding for product development. 

product/price software

Centric Software, a developer of product lifecycle solutions for retail and apparel companies, will be acquired by Dassault Systemes. Centric Software has reported 2017 revenues of $61 million. Terms of the deal were not disclosed. 

sfa/lead management, crm

Sales pipeline and customer relationship management platform Pipedrive has raised $50 million in a round of funding from Bessemer Venture Partners, Insight Venture Partners, Atomico, and Rembrandt Venture Partners. The company will sue the new round of funding for research and development efforts. 

social technology

Social intelligence solutions firm Influential has raised $12 million in a round of funding from Capital Zed, Europlay Capitol Advisors, and WME. The company will use the new round of funding for expanding operations. 

social technology

Brand-to-influencer video content startup Inspo Network has raised $5.5 million in a round of funding from PSL Ventures. The company will use the new round of funding for product development and hiring talent. 

Agency & Marketing services 

digital agency

Customer relationship and email marketing agency Email Aptitude has been acquired by Mountaingate Capital-backed EliteSEM. The acquisition will provide EliteSEM with expanded email program management and strategy capabilities. Terms of the deal were not disclosed.

digital agency

Web design and search engine optimization services provider JCI Marketing has been acquired by managed services provider Continuant. The acquisition will provide Continuant with an expanded inbound marketing and design offering. Terms of the deal were not disclosed. 

digital agency

Digital agency services provider Myjive has been acquired by marketing agency UNION. The acquisition will provide UNION with expanded video content and graphic creation capabilities. Terms of the deal were not disclosed. 

Software 

collaboration, data management

Data management and collaboration platform Benchling has raised $14.5 million in a round of funding from Benchmark Capital, F-Prime Capital, Fidelity Investments, and Thrive Capital. The company will use the new round of funding for product development. 

erp

TA Associates has acquired and combined ERP reporting and corporate performance management software companies Global Software and insightsoftware.com. The transaction will see the combined entity operated under the name insightsoftware. Terms of the deal were not disclosed.

financial

Bitcoin and cryptocurrency micropayment solutions company BitWall has been acquired by Watch Out. The acquisition will be complementary to Watch Out’s crypto-enabled payment capabilities. Terms of the deal were not disclosed.

financial

Mobile payments company Chillr has been acquired by caller identity and screening solutions provider Truecaller. The acquisition will provide Truecaller with an expanded presence within India. Terms of the deal were not disclosed. 

financial

Loan origination software solutions company CRIF Corporation has been acquired by Thoma Bravo. The acquisition will see CRIF integrated into Thoma Bravo’s application services portfolio company MeridianLink. Terms of the deal were not disclosed.

healthcare

Practice management and revenue cycle management solutions company Health Prime International has been acquired by GPB Capital. The acquisition will provide Health Prime with the resources for expanding operations. Terms of the deal were not disclosed. 

healthcare

Dental practice management platform iDentalSoft has raised an undisclosed amount of funding from FCA Venture Partners. The company will use the new round of funding for product development efforts and expanding its sales division. 

healthcare

Digital health company Mindstrong Health has raised $15 million in a round of funding from private investors. The company will use the new round of funding for expanding its partner network internationally. 

security

Application security solutions provider Mi3 Security has been acquired by mobile device security solutions company Zimperium. The acquisition will provide Zimperium with an expanded customer base. Terms of the deal were not disclosed. 

software development tools

Software composition analysis technology company Antelink will be acquired by France-based CAST. The acquisition will see Antelink integrated into CAST’s Highlight solutions offering. Terms of the deal were not disclosed. 

business services

bpo

Business process outsourcing services company Intelenet Global Services will be acquired by Teleperformance from The Blackstone Group in a transaction valuing the company between a reported $900 million and $1 billion. Intelenet has reported LTM revenues for the period ended March 31 2018 of $449 million and reported LTM EBITDA of $83 million, representing an LTM revenue multiple or more than 2.0x and an LTM EBITDA multiple of more than 11.0x. 

credit/risk consulting

Insurance sector consulting services company Valeos has been acquired by financial assistance products provider CPP Group. The acquisition will provide CPP with an expanded presence geographically. Terms of the deal were not disclosed. 

healthcare consulting

Clayton. Dubilier & Rice will acquire a 55 percent majority stake in post-acute health plans manager naviHealth from Cardinal Health. The transaction will see Cardinal Health retain the remaining 45 percent stake in the company. Terms of the deal were not disclosed. 

it consulting

Software development company Art+Logic has acquired product development services provider Accomplio. The acquisition will be complementary to Art+Logic’s Internet of Things service offering. Terms of the deal were not disclosed. 

it consulting

Denmark-based managed IT services company IT Relation has been acquired by HgCapital. The acquisition will provide IT Relation with the resources for expanding its presence within Europe. Terms of the deal were not disclosed. 

it consulting

Salesforce and Oracle Netsuite integration services company Lirik has been acquired by Tecnos. The acquisition will provide Tecnos with an expanded presence within North America. Terms of the deal were not disclosed. 

staffing

Professional staffing company Allegiant has been acquired by engineering consultancy services provider Belcan. The acquisition will provide Belcan with an expanded presence geographically. Terms of the deal were not disclosed. 

training

Online professional development company CPD Interactive has been acquired by Australia-based The College of Law. The acquisition will provide TCOL with an expanded portfolio of online legal courses. Terms of the deal were not disclosed.

Daily Deal Activity 06/13/18

Digital Media/Commerce 

digital marketplace

France-based refurbished electronics marketplace Back Market has raised $48 million in a round of funding from Groupe Arnault, Eurazeo, Aglae Capital, and Daphni. The company will use the new round of funding for expanding headcount. 

digital marketplace

Online independent chef’s marketplace HUNGRY has raised $1.5 million in a round of funding from undisclosed investors. The company will use the new round of funding for expanding its presence within the US. 

ecommerce, mobile content/apps

Singapore-based ride-sharing company Grab has raised $1 billion at a reported valuation of more than $10 billion from Toyota. The company will use the investment proceeds for continuing to expand its presence within Southeast Asia. 

ecommerce

Subscription-based care products company LOLA has raised $24 million in a round of funding from Alliance Consumer Growth, Spark Capital, Lerer Hippeau Ventures, and Brand Foundry Ventures. The company will use the new round of funding for expanding operations. 

ecommerce

Online real estate marketplace Opendoor has raised $325 million in a round of funding from Andreessen Horowitz General Atlantic, Access Technology Ventures, Coatue Management, Norwest Venture Partners, Lakestar, New Enterprise Associates, Khosla Ventures, GGV Capital, and Lennar Corporation. 

ecommerce, mobile content/apps

Electronic scooter startup Skip has raised $25 million in a round of funding from Menlo Partners, Accel Partners, and Y Combinator. The company will use the new round of funding for expanding its presence within the US.

ecommerce

Online office space leasing and real estate brokerage company TenantBase has raised $10.7 million in a round of funding from Stonecutter Capital. The company will use the new round of funding for expanding its engineering division.

gaming

Game development and publishing company Advanced Interactive Gaming has been acquired by Liberated Solutions. The acquisition will provide Advanced Interactive Gaming with the resources for expanding operations. Terms of the deal were not disclosed.

mobile content/apps

Restaurant trends discovery app Barhero has been acquired by social engagement and networking platform Airtab. The acquisition will provide Airtab with an expanded geographic presence within the US. Terms of the deal were not disclosed.

mobile content/apps

Family and new parent mobile application company Cleo has raised $10.5 million in a round of funding from Greylock Partners, Forerunner Ventures, and Felicis Ventures. The company will use the new round of funding for expanding operations.

social media/apps

Interest-based communities company Amino has raised $45 million in a round of funding from Hearst Ventures, Union Square Ventures, Venrock, and GV. The company will use the new round of funding for expanding its presence internationally. 

digital advertising 

ad networks/exchanges

Blockchain-based advertising contract marketplace Nyiax has raised $5.6 million in a round of funding from WestPark Capital. The company will use the new round of funding for expanding its partnerships network and product development. 

digital video

Short-form video solutions company Inspo Network has raised $5.5 million in a round of funding from PSL Ventures and private investors. The company will use the new round of funding for expanding marketing and sales initiatives. 

digital video

Video and social advertising solutions company SlimCut Media has been acquired by Telaria (NYSE:TLRA). The acquisition will be complementary to Telaria’s Video Management Platform offering. Terms of the deal were not disclosed. 

online lead generation

Higher education marketing, recruiting, and retention solutions provider JMH Consulting has been acquired by Muirlands Capital-backed EducationDynamics. The acquisition will be complementary to EducationDynamics’ partner school network. Terms of the deal were not disclosed. 

Marketing Technology 

data quality

Email verification solutions provider BriteVerify has been acquired by data integrity and compliance solutions company Validity. The acquisition will see BriteVerify integrated into Validy’s existing data integrity platform. Terms of the deal were not disclosed.

product/price software

SaaS-based product information management platform Pimberly has raised $2.7 million in a round of funding from Northern Powerhouse Investment Fund. The company will use the new round of funding for product development efforts. 

Agency & Marketing services 

media buying/planning

Media agency My Media Group has been acquired by private equity firm LBO France. The acquisition will provide My Media Group with the resources for building out its search engine optimization services offering. Terms of the deal were not disclosed. 

social agency

Social media and influencer marketing agency Retroviral Digital Communications has been acquired by digital and social media agency Shaka Sisulu. The acquisition will provide Shaka Sisulu with an expanded presence internationally. Terms of the deal were not disclosed. 

traditional media

b-to-b media

Grey House Publishing has acquired Sears List of Subject Headings from EBSCO Information Services. The acquisition will provide Sears List with the resources to continue publishing. Terms of the deal were not disclosed. 

consumer book publishing

Education publisher and world language products company Vista Higher Learning has acquired Spain-based education text books publisher Santillana. The acquisition will provide Vista Higher Learning with an expanded international presence. Terms of the deal were not disclosed. 

Software 

application management

UK-based managed edge application platform Virtuosys has been acquired by smart applications company Veea. The acquisition will provide Veea with an expanded customer base. Terms of the deal were not disclosed.

financial

China-based online lending technology company 9f Group has raised $65 million in a round of funding from Famous Group and Plentiful International. The company will use the new round of funding for expanding its presence domestically.

financial

Consumer financial accounts connectivity solution Quovo has raised $20 million in a round of funding from Portag3 Ventures and Salesforce Ventures. The company will use the new round of funding for hiring talent.

geo-demo

Digital mapping and geo-location solutions company Project Atlas has been acquired by Bluebeam Software. The acquisition will provide Bluebeam with expanded construction data visualization capabilities. Terms of the deal were not disclosed.

geo-demo

Drone survey data an analytics company Propeller Aero has raised $10 million in a round of funding from Sequoia Capital and Blackbird Ventures. The company will use the new round of funding for expanding its presence within China.

healthcare

Digital pathology workflow solution Inspirata has acquired population health management software company Caradigm from General Electric. The acquisition will be complementary to Inspirata’s Cancer Information Data Trust development capabilities. Terms of the deal were not disclosed.

healthcare

Italy-based brain-computer interface company Liquidweb has raised $2.9 million in a round of funding from RedSeed Ventures. The company will use the new round of funding for expanding its presence internationally.

infrastructure

Connectivity management technology provider Stream Technologies has been acquired by Japan-based ARM. The acquisition will provide ARM with an expanded presence within Europe. Terms of the deal were not disclosed. 

security

Open source cybersecurity solutions company Monarx has raised $3.4 million in a round of funding from Pelion Ventures and Kickstart. The company will use the new round of funding for expanding operations. 

business services

healthcare consulting

Healthcare cost management services company AccessOne has received an investment from Echo Health Ventures. The company will use the investment proceeds for expanding headcount. Terms of the deal were not disclosed.

it consulting

UK-based cybersecurity services company The Cyberfort Group has acquired IT security and consulting services firm Agenci. The acquisition will provide Cyberfort with an expanded presence within the UK. Terms of the deal were not disclosed. 

it consulting

Germany-based Microsoft Cloud and enterprise security services company ExpertCircle has been acquired by Swiss IT Security. The acquisition will provide Swiss IT with an expanded presence within Europe. Terms of the deal were not disclosed. 

it consulting

Network deployment and systems integration firm Horsebridge Defence and Security has been acquired by ViaSat. The acquisition will provide ViaSat with an expanded presence geographically. Terms of the deal were not disclosed.

 logistics

Last mile logistics startup DeliveryCircle has received an undisclosed amount of funding from Cambridge Capital and NFI. The company will use the new round of funding for expanding its presence geographically. 

training

ClearScholar, a developer of student engagement software for students and institutions, has been acquired by Civitas Learning. The acquisition will provide Civitas with an expanded mobile offering. Terms of the deal were not disclosed.

Daily Deal Activity 06/12/18

Digital Media/Commerce 

digital marketplace

Campsite marketplace operator Hipcamp has raised $9.5 million in a round of funding from Benchmark. The company will use the new round of funding for hiring talent and expanded its presence within the US. 

digital marketplace

Russia-based online securities brokerage services company NetTrader has been acquired by Freedom. The acquisition will see NetTrader integrated into Freedom’s Finance Investment portfolio. Terms of the deal were not disclosed. 

digital marketplace

Online health and beauty products marketplace Pharmapacks has raised $32.5 million in a round of funding from RB, McKesson Ventures, Sealed Air, and The Emerson Group. The company will use the new round of funding for expanding its presence internationally. 

ecommerce, financial

India-based micro loans and financial products platform Aye Finance has raised $21.5 million in a round of funding from CapitalG, SAIF Partners, and LFT. The company will use the new round of funding for expanding its presence internationally.

ecommerce

Flexible workplace solutions company Breather has raised $45 million in a round of funding from Menlo Ventures, CDPQ, and Temasek. The company will use the new round of funding for expanding operations. 

Marketing Technology 

crm

Sports and entertainment customer relationship management software company KORE Software has been acquired by Serent Capital. The acquisition will provide KORE with the resources for expanding operations. Terms of the deal were not disclosed. 

email/messaging software

Jane.ai, developer of a chatbot designed for disseminating company information, has raised $8.4 million in a round of funding from undisclosed investors. The company will use the new round of funding for product development initiatives. 

teleservices/eservices, financial

UK-based investment proposals and client engagement solutions company rplan has been acquired by InvestCloud for $20 million. The acquisition will be complementary to InvestCloud’s existing offering for asset managers. Financial information was not disclosed. 

Agency & Marketing services 

public relations

France-based public relations services firm Domaines Publics has been acquired by Publicis. The acquisition will see Domaines Publics integrated into Publicis Consultants France. Terms of the deal were not disclosed. 

traditional media 

entertainment media

Keywords Studios, a developer of technical services for the video games industry, has acquired video game production services provider Blindlight for $10 million. The acquisition will provide Keywords with an expanded Hollywood production resource. Financial information was not disclosed. 

Software 

application management

YugaByte, developer of a cloud native transactional database for distributed applications, has raised $16 million in a round of funding from Dell Technologies Capital and Lightspeed Venture Partners. The company will use the new round of funding for expanding its engineering and sales divisions.

big data

Machine vision and big data solutions company Yitu Technology has raised $200 million in a round of funding from ICBC International, SPDB International, and Gaocheng Capital. The company will use the new round of funding for expanding operations.

cloud computing

Quantum computing software company Strangeworks has raised $4 million in a round of funding from Lightspeed Venture Partners, Ecliptic Capital, Greatpoint Ventures, Lux Capital, BoxGroup, and Amplify Partners. The company will use the new round of funding for expanding its presence within the energy and finance verticals.

data management

Decentralized database startup Haja Networks has raised an undisclosed amount of funding from Creathor Ventures, Outlier Ventures, and Polychain Capital. The company will use the new round of funding for expanding headcount.

engineering

Manufacturing software company PTC (Nasdaq:PTC) has received a $1 billion investment from Rockwell Automation (NYSE:ROK). The transaction will see Rockwell take an 8.4 percent stake in the company.  PTC will use the investment proceeds for product development initiatives.

engineering

Manufacturing analytics software company TrendMiner has been acquired by Germany-based enterprise software company Software AG. The acquisition will be complementary to Software AG’s Internet-of-Things portfolio. Terms of the deal were not disclosed.

erp

Procurement and facilities management solutions company FacilitySource has been acquired by CBRE (NYSE:CBRE) from Warburg Pincus for $290 million. The acquisition will be complementary to CBRE’s existing supply chain capabilities. Financial information was not disclosed.

erp

Freightwaves, a developer of SaaS-based data solutions for freight markets, has raised $13 million in a round of funding from 8VC, Story Ventures, Fontinalis Partners, Pritzker Group Venture Capital, and private investors.

erp

Direct materials sourcing solutions platform LevaData has raised $12 million in a round of funding from Tola Capital. The company will use the new round of funding for expanding its engineering and data science divisions.

financial, mobile technology

Digital signage and point-of-sale solutions company NEXTEP Systems has been acquired by SICOM Systems. The acquisition will provide NEXTEP with an expanded offering for managed food service providers and restaurants. Terms of the deal were not disclosed.

geo-demo

SaaS-based geodata analysis solution Geospin has raised an undisclosed amount of funding from High-Tech Grunderfonds and Thuga. The company will use the new round of funding for product development efforts.

geo-demo, software development tools

Mapfit, provider of a map platform for developers, has raised $5.5 million in a round of funding from Cavalry Ventures and private investors. The company will use the new round of funding for product development efforts.

healthcare

Medical research and safety analytics company Commonwealth Informatics has been acquired by Genpact (NYSE:G). The acquisition will be complementary to Genpact’s existing pharmacovigilance artificial intelligence solutions suite. Terms of the deal were not disclosed.

healthcare

Drug discovery and target identification solutions company Insilico Medicine has received a strategic investment from WuXi AppTec, Pavilion Capital, Temasek, and Bold Capital Partners. The company will use the new round of funding for expanding operations.

healthcare, mobile content/apps

Telehealth solutions company KRY has raised $66 million in a round of funding from Index Ventures, Accel Partners, Creandum, and Project A. The company will use the new round of funding for expanding its presence geographically.

healthcare

Life sciences industry analytics company SHYFT Analytics will be acquired by Medidata Solutions (Nasdaq:MDSO). The acquisition will be complementary to Medidata’s existing clinical development solutions offering. Terms of the deal were not disclosed. 

infrastructure, cloud computing

Internet-of-Thins edge platform IOTech has raised $2.5 million in a round of funding from Dell Technologies Capital. The company will use the new round of funding for expanding research and development initiatives. 

business services

credit/risk consulting

Credit report repair and correction consulting services provider Ovation Credit Services has been acquired by LendingTree (Nasdaq:TREE) for $20.8 million. The transaction includes $12 million in cash at closing with contingent payments of up to $8.7 million. Financial information was not disclosed.

it consulting

SAP functional and technical services company Rizing has acquired SAP professional services firm Aasonn. The acquisition will provide Rizing with an expanded presence geographically. Terms of the deal were not disclosed. 

it consulting

Marlin Equity Partners has acquired enterprise video integration services provide BulkTV and data and unified communications company DCI Design Communications in a transaction that will see the two companies’ combined. Terms of the deals were not disclosed.  

it consulting

Connectivity products and network-installation services company Integrated Network Cable has been acquired by Infinite Electronics. The acquisition will provide Infinite Electronics with an expanded presence within North America. Terms of the deal were not disclosed. 

it consulting

Microsoft digital transformation services provider Karabina Solutions has been acquired by Allied Electronics Corporation for $17 million. The acquisition will see Karabina integrated into Altron. Financial information was not disclosed. 

it consulting

China-based IT consulting and systems integration services company Time Channel Information Technology will be acquired by Zhong Fu Tong Group. The acquisition will provide Zhong Fu with an expanded presence domestically. Terms of the deal were not disclosed.

Daily Deal Activity 06/11/18

Digital Media/Commerce 

ecommerce

Online home insurance solutions company Kin Insurance has raised $13 million in a round of funding from August Capital. The company will use the new round of funding for expanding its presence geographically. 

ecommerce

Japan-based online beauty products retailer LUCE has been acquired by online lifestyle video outlet C Channel Corporation. The acquisition will provide C Channel with an expanded presence within Asia. Terms of the deal were not disclosed.

gaming

Microsoft will acquire game publishers Just Add Monsters, Playground Games, Compulsion Games, and Undead Labs. The acquisitions will be complementary to Microsoft’s existing Xbox gaming portfolio. Terms of the deals were not disclosed. 

social media/apps

Product discovery platform and online community Kit has been acquired by Patreon. The acquisition will be complementary to Patreon’s existing merchandising logistics backend capabilities. Terms of the deal were not disclosed. 

digital advertising 

online lead generation

UK-based motor insurance broker Right Choice Insurance Brokers has raised $37.5 million in a round of funding from LDC. The company will use the new round of funding for building out its technology platform. 

Marketing Technology

social technology

Brand engagement software solutions provider Tremolo Software has been acquired by partner relationship management company Impartner. The acquisition will be complementary to Impartner’s existing social offerings. Terms of the deal were not disclosed. 

website creation/hosting

Hosted virtual desktop solutions company HarborCloud has been acquired by business software hosting company Summit Hosting. The acquisition will provide Summit Hosting with an expanded customer base. Terms of the deal were not disclosed. 

traditional media 

consumer magazine publishing

France-based weekly news and leisure magazine publisher VSD has been acquired by Ghosn Capital. The acquisition will provide VSD with the resources for expanding its presence domestically. Terms of the deal were not disclosed. 

entertainment media

Canada-based film and music production services company Buds Entertainment will be acquired by Williamsville Sears Management. The acquisition will provide Buds with the resources for expanding its audio engineering and production capabilities. Terms of the deal were not disclosed. 

Software 

application management

DevOps incident management company VictorOps will be acquired by Splunk (Nasdaq:SPLK) for $120 million. The acquisition will be complementary to Splunk’s existing incident management solutions offering. Financial information was not disclosed.

big data

Machine learning and blockchain development company Fetch.AI has raised $15 million in a round of funding from Outlier Ventures. The company will use the new round of funding for product development efforts.

data management, infrastructure

Hyperconverged secondary storage company Cohesity has raised $250 million in a round of funding from Sequoia Capital, SoftBank, Cisco Investments, Hewlett Packard Enterprise, and Morgan Stanley Expansion Capital. The company will use the new round of funding for expanding its presence internationally.

data management

UK-based unstructured data and document text solutions company Eigen Technologies has raised $17.4 million in a round of funding from Goldman Sachs Principal Strategic Investments and Temasek. The company will use the new round of funding for expanding its presence within the US.

data management

India-based content enhancement and data management solutions company Scope e-Knowledge Center has been acquired by business process outsourcing solutions company SPi Global Holdings. Terms of the deal were not disclosed.

financial

Corporate performance management and business intelligence solutions company Adaptive Insights will be acquired by Workday (Nasdaq:WDAY) in a transaction valuing the company at $1.6 billion. The transaction follows Adaptive Insights’ May 2018 IPO filing and values the company at more than double the expected $705 million fully-diluted million market value it would have fetched had it priced in the middle of its previously established IPO range. Financial information was not disclosed.

financial

RMI Corporation, a developer of business management software for the equipment rental and sales industry, has been acquired by software and payment solutions company Fullsteam. Terms of the deal were not disclosed.

healthcare

Healthcare integration and analytics company Caresyntax has raised $31.9 million in a round of funding from surgical.AI and Norgine Ventures. The company will use the new round of funding for expanding its presence within the US.

healthcare

Brain-machine interface technology company Paradromics has raised $7 million in a round of funding from Arkitekt Ventures, Synergy Ventures, Dolby Ventures, Alpha Edison, and Loup Ventures. The company will use the new round of funding for expanding headcount.

healthcare

Digital therapeutics and health management company Propeller Health has raised an undisclosed strategic investment from McKesson Ventures. The company will use the new round of funding for expanding headcount and operations.

healthcare

Oncology software company Radformation has raised $1.6 million in a round of funding from Brooklyn Bridge Ventures. The company will use the new round of funding for expanding its engineering and sales divisions.

hr

Talent management software solutions company Rallyteam has been acquired by Workday (Nasdaq:WDAY). The acquisition will be complementary to Workday’s existing machine learning capabilities. Terms of the deal were not disclosed.

infrastructure 

SaaS-based data streaming solutions company Eventador has raised $3.8 million in a round of funding from LiveOak Venture Partners, Deep Space Ventures, RSH Ventures, and Capital Factory. The company will use the new round of funding for marketing and sales efforts.

infrastructure 

UK-based infrastructure-as-a-services and virtual management system SoluLabs has been acquired by web operations hosting platform Plesk International from software hosting solutions provider OnApp. Terms of the deal were not disclosed.

security

Industrial cybersecurity solutions company Claroty has raised $60 million in a round of funding from Bessemer Venture Partners, Temasek, Rockwell Automation, Aster Capital, Next47, Envision Ventures, Tekfen Ventures, Team8, Innovation Endeavors, and ICV. 

security

Security software solutions company FairWarning has received a $60 million growth equity investment from Mainsail Partners. The company will use the investment proceeds for expanding its presence within the health and banking industries.

information 

healthcare information

Healthcare information, education, and marketing services company Jobson Healthcare Information has been acquired by Internet Brands. The acquisition will see Jobson integrated into WebMD. Terms of the deal were not disclosed. 

business services

it consulting

Software outsourcing services company Objectiva Software Solutions has been acquired by Allgeier Holding. The acquisition will provide Allgeier with an expanded presence geographically. Terms of the deal were not disclosed.

it consulting

Canada-based hybrid IT consulting and security firm RootCellar Technologies has been acquired by Uniserve Communications Corporation. The acquisition will provide Uniserve with an expanded presence within North America. Terms of the deal were not disclosed. 

it consulting

Business Technology Partners has acquired IT engineering services company Secure Technology Integration and the US-based Managed Services division of PTS Consulting Group. The acquisitions will provide BTP with an expanded geographic presence. Terms of the deal were not disclosed.

logistics

Logistics and supply chain management services company DSC Logistics has been acquired by CJ Logistics for $216 million. The acquisition will provide CJ with an expanded presence internationally. Terms of the deal were not disclosed. 

staffing

KKR will acquire Envision Healthcare (NYSE:EVHC) in a transaction valuing the company at $9.9 billion, including $4.3 billion in debt. The acquisition of $46 per Envision share represents a premium of five percent over the company’s June 8 closing price. Envision has reported LTM revenues of $8 billion and LTM EBITDA of $1.1 billion, representing an LTM revenue multiple of 1.2x and an LTM EBITDA multiple of 9.0x. 

training

Language learning platform Memrise has raised $15.5 million in a round of funding from Octopus Ventures, Korelya Capital, Avalon Ventures, and Balderton Capital. The company will use the new round of funding for building out its mobile offering.

Daily Deal Activity 06/08/18

Digital Media/Commerce 

digital marketplace

China-based apartment leasing platform Danke Gongyu has raised $70 million in a round of funding from Tiger Global Management, Joy Capital, and Vision Plus Capital. The company will use the new round of funding for expanding its presence domestically.

ecommerce

Private-label eCommerce company 101 Commerce has raised an undisclosed amount of funding from Next Coast Ventures, 3L Capital, and private investors. The company will use the new round of funding for expanding headcount.

ecommerce, mobile content/apps

Curbside, developer of a mobile app for buying and picking up products in-store, has been acquired by Rakuten. The acquisition will provide Rakuten with an expanded offering for US-based mobile eCommerce members and merchants. Terms of the deal were not disclosed. 

ecommerce, mobile content/apps

Ridesharing company Gett has raised $80 million at a reported valuation of $1.4 billion in a round of funding from Volkswagen and Access Industries. The company will use the new round of funding for expanding its presence geographically. 

ecommerce, mobile content/apps

Kenya-based ride-hailing service Little has raised $10 million at a reported post-money valuation of $100 million from undisclosed investors. The company will use the new round of funding for expanding its presence within Africa.

ecommerce

Online consumer debt restructuring company Lendstreet has raised $7 million in a round of funding from Prudential Financial, Kapor Capital, and Accion. The company will use the new round of funding for platform development initiatives.

ecommerce

Germany-based monthly subscription box Mycouchbox has been acquired by subscription box services company metacrew group. The acquisition will provide metacrew with an expanded presence within Europe. Terms of the deal were not disclosed.

gaming

Mobile gaming studio Redemption Games has raised $5 million in a round of funding from Supercell. The company will use the new round of funding for expanding headcount and launching new gaming titles. 

digital advertising 

online lead generation

Online small business insurance policy and quotes company CoverWallet has received an investment from Zurich Insurance Group. The company will use the investment proceeds for expanding its presence within Europe. Terms of the deal were not disclosed. 

Marketing Technology 

content management

Creative operations management, review, and proofing solution ConceptShare has been acquired by Roper Technologies (NYSE:ROP). The acquisition will see ConceptShare integrated into Deltek. Terms of the deal were not disclosed. 

mrm/workflow management

SaaS-based commercial insurance workflow solutions platform NetRate Systems has received an undisclosed amount of funding from Polaris Partners. The company will use the investment proceeds for expanding its presence geographically. Terms of the deal were not disclosed. 

agency & Marketing services 

Specialty agency

In2une Music, a provider of label services for independent music labels, has been acquired by Kobalt. The acquisition will see in2une integrated into Kobalt’s recoding company AWAL. Terms of the deal were not disclosed. 

Software 

application management, enterprise mobility

SaaS-based tablet device measurement and management company Moki Mobility has been acquired by B-to-B software operating company Dura Holdings. The acquisition will provide Moki with the resources for expanding its presence geographically. Terms of the deal were not disclosed.

financial, mobile technology

iMobile3, a provider of small business solutions within the payments industry, has been acquired by payments solutions provider TSYS. The acquisition will provide TSYS with expanded customization capabilities for its point-of-sale solution. Terms of the deal were not disclosed.

financial

Real estate title and settlement transaction solutions company JetClosing has raised $20 million in a round of funding from T. Rowe Price, PSL Ventures, Imagen Capital Partners, Trilogy Equity Partners, and Maveron. The company will use the new round of funding for expanding its presence within the US.

financial

Security deposit and billing solutions company Obligo has raised $5 million in a round of funding from 83North, Entrée Capital, and HFZ Capital. The company will use the new round of funding for product development efforts.

financial

Financial advice and investment tools company RobustWealth has been acquired by Principal Financial Group (Nasdaq:PFG). The acquisition will provide PFG with a strengthened direct-to-consumer robo-advisor solution. Terms of the deal were not disclosed.

hr

Hourly worker shift scheduling solutions company Homebase has raised $20 million in a round of funding from Bain Capital Ventures, Baseline Ventures, Cowboy Ventures, and Khosla Ventures. The company will use the new round of funding product development.

software development tools, collaboration

Real-time communication and development platform Agora.io has raised $30 million in a round of funding from SIG China, GGV Capital, Morningside Group, and Shunwei Capital. The company will use the new round of funding for product development. 

business services

it consulting

Capgemini will acquire the Leidos Cyber commercial cybersecurity solutions division of Leidos. The acquisition will strengthen Capgemini’s cybersecurity services offering in North America. Terms of the deal were not disclosed.

printing services

Content and print management solutions company Gelato has received $20 million in equity funding from SEB Pension Fund and Dawn Capital. The company will use the new round of funding for expanding its presence geographically.