Daily Deal Activity 10/02/17
October 9, 2017 Leave a comment
Digital Media/Commerce
digital marketplace
Peer-to-peer lending platform Beehive has raised $5 million in a round of funding from Riyad TAQNIA Fund and undisclosed investors. The company will use the new round of funding for expanding its presence internationally.
ecommerce
Direct-to-consumer apparel company Tecovas has raised $2.6 million in a round of funding from Yeti Capital and undisclosed investors. The company will use the new round of funding for expanding headcount.
mobile content/apps, financial
Germany-based mobile-focused tax assistant Taxfix has raised $2.3 million in a round of funding from Redalpine and Creandum. The company will use the new round of funding for expanding its presence within Europe.
niche content
India-based startup ecosystem media platform YourStory has raised $6 million in a round of funding from Kalaari Capital and Qualcomm Ventures. The company will use the new round of funding for hiring talent.
digital advertising
comparison shopping
Insurance plans marketplace and marketing platform Ensurem has raised $12.3 million in a round of funding from A-CAP. The company will use the new round of funding for expanding headcount and operations.
Marketing Technology
bi tools, mobile technology
Cloud Wi-Fi and analytics solutions Cloud4Wi has raised $11.5 million in a round of funding from Opus Capital and United Ventures. The company will use the new round of funding for expanding marketing and sales efforts.
creative production platform
Blend Media, provider of a video content creation and publishing platform for marketers, has raised $2 million in a round of funding from I2BF Global Ventures. The company will use the new round of funding for expanding headcount.
search & discovery
France-based computer vision API and photo analysis solutions developer Regaind has been acquired by Apple. The acquisition will be complementary to iOS’s photo content and automation capabilities. Terms of the deal were not disclosed.
agency & Marketing services
database/analytics
France-based digital marketing company TimeOne has acquired content and data marketing services company Place des Leads. The acquisition will provide TimeOne with an expanded prescriptive marketing services offering. Terms of the deal were not disclosed.
general agency
Japan-based advertising agency Asatsu-DK will be acquired by Bain Capital for a reported $1.4 billion. The acquisition will provide Asatsu-DK with the resources for pursuing potential strategic acquisition opportunities. Asatsu-DK has reported LTM revenues for the period ended June 30 2017 of $3.1 billion and LTM EBITDA of $68 million, representing an LTM revenue multiple of 0.4x and an LTM EBITDA multiple of 17.7x.
public relations
France-based communication consultancy services provider Image & Strategie has been acquired by content creation agency All Content. The acquisition will provide All Content with an expanded geographic presence. Terms of the deal were not disclosed.
Software
cloud computing
IT management platform provider OpsRamp has raised $20 million in a round of funding from Sapphire Ventures. The company will use the new round of funding for product development and expanding its customer base.
cloud computing
Open source database company MariaDB has raised $27 million in a round of funding from Alibaba and undisclosed investors. The company will use the new round of funding for partnering with Alibaba’s cloud computing business.
credit/risk
France-based trade credit risk management solutions provider Tinubu Square has raised $62.2 million in a round of funding from Long Arc Capital and Bpifrance. The company will use the new round of funding for expanding its presence with the US and Europe.
erp
Robotic process automation solutions company Kryon Systems has raised $12 million in Series B funding from Acquiline Technology Growth and Vertex Ventures. The company will use the new round of funding for product development efforts.
financial, mobile technology
Customer loyalty and marketing company House Advantage has acquired digital menu technology company eTouchMenu. The acquisition will provide House advantage with an expanded point-of-sale offering. Terms of the deal were not disclosed.
financial
SaaS-based cashflow management solutions provider Fluidly has raised $2.7 million in a round of funding from Octopus Ventures and Nyca Partners. The company will use the new round of funding for marketing and sales efforts.
financial
Financial document management solutions company Summit Financial Disclosure has been acquired by Broadridge Financial Solutions. The acquisition will provide Broadridge with a strengthened compliance reporting solution offering. Terms of the deal were not disclosed.
financial
Retirement solutions platform Vestwell has raised $8 million in Series A funding from F-Prime Capital Partners and Primary Venture Partners. The company will use the new round of funding for product development efforts.
healthcare, collaboration
Lab and evidence management software company Sentinel Data has been acquired by digital investigation software developer Magnet Forensics. The acquisition will provide Magnet with an expanded lab collaboration offering. Terms of the deal were not disclosed.
information
financial information
Reachify, provider of a data platform for buyers and sellers of enterprise software, has raised $1.5 million in a round of funding from New Enterprise Associates, Forerunner Ventures, and Commerce Ventures. The company will use the new round of funding for expanding its presence within the retail sector.
legal information
SaaS-based legal technology and regulatory information platform Libryo has raised $1 million in a round of funding from Seedcamp and private investors. The company will use the new round of funding for expanding its presence internationally.
business services
it consulting
Systems engineering and IT solutions company Dynamic Vision will be acquired by Axene Health Partners. The acquisition will provide Dynamic Vision with the resources for expanding its presence with North America. Terms of the deal were not disclosed.
legal consulting
Intellectual property support services company RWS Holdings has acquired patent research company Article One Partners. The acquisition will provide RWS with an expanded geographic presence. Terms of the deal were not disclosed.
printing services
Print and marketing services company EarthColor has been acquired by marketing services company Mittera Group. The acquisition will provide Mittera with an expanded print services offering. Terms of the deal were not disclosed.
training
UK-based online learning platform First Tutors has been acquired by online academic tutoring services company Varsity Tutors. The acquisition will provide Varsity Tutors with an expanded international presence. Terms of the deal were not disclosed.