Archive | October, 2015

A matter of survival

Commentary
After acquiring a string of sports startups (SportsSignup, LeagueAthletics.com, iScore Sports) mid this year, Time Inc., the largest magazine publisher in the United States, continued its shopping spree by acquiring Zooey Deschanel’s pop culture website HelloGiggles last week and two more lifestyle websites XoJane and XoVain this week. The acquisitions underscore the company’s efforts to massively grow its digital audience. As consumers continue to migrate to reading on tablets and smartphones, the publishing giant has endured declining print circulation and advertising revenue. As a result, it had to beef up its digital services. By investing heavily in digital media and finding creative ways to distribute its content on multiple platforms, Time Inc. aims to arrest a slow and steady decline.

Internet Dealbook Q3 Report 2015

 

Weekly Update – October 27, 2015

      Total Deal Value (USD) – $4,296,901,172          Total Deal Number – 101

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $1,400,000,000 Electronic Funds Source WEX Transactions Acquisition
2 $1,200,000,000 Avito Naspers Transactions Investment
3 $700,000,000 Yidao Yongche Le TV Transactions Investment
4 $150,000,000 Ansible Red Hat Software & Services Acquisition
5 $81,000,000 Collective Health Consortium Transactions Investment
6 $80,000,000 Benaissance WEX Software & Services Acquisition
7 $70,000,000 Noah Consulting Infosys Software & Services Acquisition
8 $60,000,000 Aeryon Labs Summit Partners Hardware & Infrastructure Investment
9 $38,331,125 Playful Undisclosed Games Investment
10 $37,500,000 Numerify Consortium Software & Services Investment
11 $31,000,000 Insureon Oak HC/FT, Accretive Transactions Investment
12 $30,000,000 Hello Giggles Time Media Acquisition
13 $30,000,000 Pyramid Analytics Viola Private Equity, Sequoia Capital Software & Services Investment
14 $28,000,000 Poynt Consortium Software & Services Investment
15 $22,000,000 illusive networks Consortium Software & Services Investment
16 $20,000,000 Clavis Insight Accel-KKR Software & Services Investment
17 $19,400,000 Amino Consortium Transactions Investment
18 $17,000,000 adjust Highland Europe Software & Services Investment
19 $16,000,000 ZeroStack Consortium Software & Services Investment
20 $15,000,000 Betabrand Morgan Stanley, Foundry Group Transactions Investment
21 $15,000,000 honestbee Consortium Transactions Investment
22 $15,000,000 Stitch Labs Triangle Peak Partners Software & Services Investment
23 $15,000,000 Zignal Labs Consortium Software & Services Investment
24 $14,000,000 WaveCrest Group Vesuvius Ventures Transactions Investment
25 $11,500,000 Skills Fund Undisclosed Transactions Investment
26 $11,000,000 Conversocial Consortium Media Investment
27 $10,000,000 Attune Technologies Qualcomm Ventures, Norwest Venture Partners Software & Services Investment
28 $10,000,000 Red Peach Quest Ventures LP Ecommerce Investment
29 $10,000,000 Scalus Consortium Software & Services Investment
30 $9,500,000 Citus Data Consortium Software & Services Investment
31 $9,500,000 Periscope Data Consortium Software & Services Investment
32 $9,000,000 Clutter Sequoia Capital Transactions Investment
33 $9,000,000 Surgical Theater HTC Corporation, Shanghai Creation Investment Management Software & Services Investment
34 $8,000,000 Worthy Carmel Ventures Transactions Investment
35 $7,700,000 Cube26 Tiger Global Management, Flipkart Software & Services Investment
36 $7,000,000 Kaleo Software Consortium Software & Services Investment
37 $7,000,000 TinderBox Consortium Software & Services Investment
38 $6,000,000 Phenom People Sierra Ventures Transactions Investment
39 $5,500,000 Mouth Foods Consortium Ecommerce Investment
40 $5,000,000 cielo24 Consortium Transactions Investment
41 $4,000,000 inMediata HealthQuest Capital Transactions Investment
42 $4,000,000 Solinea Consortium Software & Services Investment
43 $3,751,560 Bownty Consortium Transactions Investment
44 $3,500,000 Redox Consortium Software & Services Investment
45 $3,500,000 Sweeten Consortium Transactions Investment
46 $3,400,000 Allay Consortium Software & Services Investment
47 $3,400,000 Rooy Formation 8, Korea Investment Partners Ecommerce Investment
48 $3,300,000 Jifiti Consortium Ecommerce Investment
49 $3,000,000 Cytegic Consortium Software & Services Investment
50 $2,600,000 StreetHub Consortium Ecommerce Investment
51 $2,299,867 Telectic Imperial Innovations Group Software & Services Investment
52 $2,250,000 Simility Consortium Software & Services Investment
53 $2,241,920 Pin Payments Vix Investments Transactions Investment
54 $2,000,000 Imply Khosla Ventures Software & Services Investment
55 $2,000,000 Parkifi Consortium Transactions Investment
56 $2,000,000 Rollout Consortium Software & Services Investment
57 $1,800,000 Terminus Consortium Software & Services Investment
58 $1,700,000 Squad Lerer Hippeau Ventures, First Round Capital Mobile & Apps Investment
59 $1,600,000 Ourglass Consortium Media Investment
60 $1,100,000 Pepper Consortium Transactions Investment
61 $1,100,000 RevBoss Consortium Software & Services Investment
62 $1,000,000 The18 Undisclosed Media Investment
63 $875,000 Ampy Consortium Hardware & Infrastructure Investment
64 $551,700 Meritocracy United Ventures Transactions Investment
65 Undisclosed ActSocial Linkfluence Marketing Acquisition
66 Undisclosed Althea 500 Startups Ecommerce Investment
67 Undisclosed Apptive Unbound Commerce Mobile & Apps Acquisition
68 Undisclosed Artillery Consortium Games Investment
69 Undisclosed August Publicis Worldwide Marketing Acquisition
70 Undisclosed Beamly Coty Inc. Marketing Acquisition
71 Undisclosed Betterware CVSL Ecommerce Acquisition
72 Undisclosed Bizongo Accel Partners Transactions Investment
73 Undisclosed CabbyGo Undisclosed Mobile & Apps Investment
74 Undisclosed Cie Digital Labs Anderee Berengian Software & Services Investment
75 Undisclosed ClearCode Labs VersionOne Software & Services Acquisition
76 Undisclosed Curb Undisclosed Hardware & Infrastructure Investment
77 Undisclosed Datamyx Deluxe Marketing Acquisition
78 Undisclosed Digisfera Google Software & Services Acquisition
79 Undisclosed doxIQ Nitro Software & Services Acquisition
80 Undisclosed FireLayers Akamai Technologies Software & Services Investment
81 Undisclosed FOBO Gone Transactions Acquisition
82 Undisclosed Gelato.io Mashape Software & Services Acquisition
83 Undisclosed IPlytics High-Tech Gründerfonds Software & Services Investment
84 Undisclosed Lead Lizard Yesler Marketing Acquisition
85 Undisclosed Matrix42 Emeram Capital Partners Software & Services Acquisition
86 Undisclosed mCash SpareBank 1 Mobile & Apps Acquisition
87 Undisclosed Mobvoi Google Mobile & Apps Investment
88 Undisclosed RoboVM Xamarin Software & Services Acquisition
89 Undisclosed Sightlines The Gordian Group Software & Services Acquisition
90 Undisclosed Smooch Labs Spark Networks Mobile & Apps Acquisition
91 Undisclosed Stratfor Teakwood Capital Media Investment
92 Undisclosed SunBriteTV SnapAV Hardware & Infrastructure Acquisition
93 Undisclosed Tab Payments Velocity Mobile & Apps Acquisition
94 Undisclosed Touchpoint Dashboard Strativity Group Software & Services Acquisition
95 Undisclosed Trideal Little Ecommerce Acquisition
96 Undisclosed Tripoto Consortium Transactions Investment
97 Undisclosed Tutum Docker Software & Services Acquisition
98 Undisclosed WirelessWorks Brightstar Software & Services Acquisition
99 Undisclosed Yardsale Gone Transactions Acquisition
100 Undisclosed Zencap Funding Circle Transactions Acquisition
101 Undisclosed nTouch YPB Group Marketing Acquisition

More information

  1. WEX to Buy Electronic Funds Source From Warburg Pincus for $1.4 Billion (The Wall Street Journal)
  2. Naspers Makes US$1.2 Billion Investment in Avito (FinSMEs)
  3. Uber may have a new rival in China, as Yidao Yongche to raise $700M (VentureBeat)
  4. Red Hat Is Buying IT Automation Startup Ansible, For $150M (TechCrunch)
  5. Collective Health takes $81M from Google Ventures, others, to go nationwide (VentureBeat)
  6. WEX Inc. Announces Definitive Agreement to Acquire Benaissance (Owler)
  7. Infosys to Acquire Noah Consulting for US$70M (FinSMEs)
  8. Aeryon Labs Raises $60M in Funding (FinSMEs)
  9. Playful Receives $25M in Funding (FinSMEs)
  10. Numerify Closes $37.5M Series C Venture Capital Funding (FinSMEs)
  11. Insureon Raises $31M in Equity Funding (FinSMEs)
  12. Zooey Deschanel’s startup Hello Giggles just got bought by Time Inc. for around $30 million (BusinessWire)
  13. Pyramid Analytics Completes $30M Equity Funding (FinSMEs)
  14. Poynt Raises $28M in Series B Venture Capital Funding (FinSMEs)
  15. illusive networks Raises $22M in Series B Funding (FinSMEs)
  16. Clavis Insight Raises US$20M in Third Funding Round (FinSMEs)
  17. Amino Raises $19.4M in Venture Capital Funding (FinSMEs)
  18. adjust Raised $17M in Venture Capital Funding (FinSMEs)
  19. ZeroStack Raises $16M in Series B Venture Capital Funding (FinSMEs)
  20. Betabrand Secures $15M in Venture Capital Funding (FinSMEs)
  21. honestbee Raises US$15M in First Venture Capital Funding Round (FinSMEs)
  22. Stitch Labs Closes $15 Million in Series B Funding (Twice)
  23. Zignal Labs Raises $15M in Venture Capital Funding (FinSMEs)
  24. WaveCrest Group Raises $14M in Series E Funding (FinSMEs)
  25. Skills Fund Raises $11.5M in Seed Capital (FinSMEs)
  26. Conversocial Raises $11M in Venture Capital Funding (FinSMEs)
  27. Attune Technologies Raises $10M in Series B Funding (FinSMEs)
  28. Red Peach Raises $10M in Funding (FinSMEs)
  29. Scalus Launches with $10M in Venture Capital Funding (FinSMEs)
  30. Citus Data Secures $9.5M in Series A Funding (FinSMEs)
  31. Periscope Data Secures $9.5M in Series A Funding (FinSMEs)
  32. Clutter Raises $9M in Series A Funding (FinSMEs)
  33. Surgical Theater Raises $9M in Series A Financing (FinSMEs)
  34. Worthy Raises $8M in Series B Funding (FinSMEs)
  35. Cube26 Raises $7.7M in Funding (FinSMEs)
  36. Kaleo Software Secures $7M in Venture Capital Funding (FinSMEs)
  37. TinderBox Raises $7M in Venture Capital Funding (FinSMEs)
  38. Phenom People Raises $6M in Series A Funding (FinSMEs)
  39. Mouth Foods Closes $5.5M in Series A Funding (FinSMEs)
  40. cielo24 Raises $5m in Series A Funding (FinSMEs)
  41. inMediata Raises $4M in Venture Capital Funding (FinSMEs)
  42. Solinea Closes US$4M Series A Funding (FinSMEs)
  43. Bownty Raises €3.4M in Series A Funding (FinSMEs)
  44. Redox Closes $3.5M Series A Funding (FinSMEs)
  45. Sweeten Secures $3.5M in Series A Funding (FinSMEs)
  46. Allay Raises $3.4M in Seed Funding (FinSMEs)
  47. Rooy Secures $3.4M in Venture Capital Funding (FinSMEs)
  48. Jifiti Raises $3.3m in Funding (FinSMEs)
  49. Cytegic Completes $3M Second Angel Funding Round (FinSMEs)
  50. StreetHub Raises $2.6M in Second Venture Capital Funding Round (FinSMEs)
  51. Telectic Raises £1.5M in Seed Funding (FinSMEs)
  52. Simility Raises $2.25M in Seed Funding (FinSMEs)
  53. Grant Bissett confirms Pin Payments is happily perched in Perth (StartupSmart)
  54. Imply Launches with $2M in Seed Funding (FinSMEs)
  55. Parkifi Raises Additional $2M in Funding (FinSMEs)
  56. Rollout Completes $2M Series A Funding (FinSMEs)
  57. Terminus Raises $1.8M in Seed Financing (FinSMEs)
  58. Squad Secures $1.7M in Seed Funding (FinSMEs)
  59. Ourglass Raises $1.6M in Seed Funding (FinSMEs)
  60. Pepper Raises £1.1M in Funding (FinSMEs)
  61. RevBoss Raises $1.1M in Seed Financing (FinSMEs)
  62. The18 Raises $1M in Funding (FinSMEs)
  63. Ampy Closes $875K Seed Funding Round (FinSMEs)
  64. Meritocracy Raises €500K in Seed Funding (FinSMEs)
  65. Linkfluence acquires ActSocial (Research.)
  66. Althea Raises Seed Funding from 500 Startups (FinSMEs)
  67. Mobile shopping firm Unbound Commerce acquires Apptive, based in Austin (Beta Boston)
  68. Artillery Raises Series A Funding Round (FinSMEs)
  69. Publicis Worldwide buys content marketing agency August (Campaign)
  70. Coty Inc. Announces Acquisition of Leading Global Digital Marketing Platform Beamly (BusinessWire)
  71. CVSL Acquires Betterware, Ltd. (PR Newswire)
  72. Bizongo Raises Equity Funding from Accel (FinSMEs)
  73. CabbyGo Secures Second Funding (FinSMEs)
  74. Cie Digital Labs Receives Investment from Anderee Berengian (FinSMEs)
  75. VersionOne Acquires ClearCode Labs to Extend Operational Agility to DevOps (VersionOne)
  76. Curb Raises Series A Funding (FinSMEs)
  77. Deluxe Acquires Datamyx LLC (BusinessWire)
  78. Google bought a startup to help it make Street View even better (Business Insider)
  79. Nitro Acquires doxIQ (FinSMEs)
  80. FireLayers Receives Investment from Akamai Technologies (FinSMEs)
  81. Gone, The App To Sell Your Old Junk, Acquires Yardsale Inc., FOBO (TechCrunch)
  82. Mashape Acquires Gelato.io (FinSMEs)
  83. IPlytics Closes 6-Digit Seed Funding Round (FinSMEs)
  84. Yesler Expands B2B Marketing Automation Expertise with Lead Lizard Acquisition (PR Web)
  85. Emeram Capital Partners to Buy Matrix42 (FinSMEs)
  86. SpareBank 1 acquires mCash for mobile payments (NFC World)
  87. Google Invests In Mobvoi, Its Android Wear Partner In China (TechCrunch)
  88. Xamarin Acquires RoboVM (FinSMEs)
  89. The Gordian Group Acquires Sightlines (FinSMEs)
  90. Spark Networks Acquires Smooch Labs, Owner of the JSwipe Mobile Application (MarketWired)
  91. Stratfor Receives Private Equity Investment from Teakwood Capital (FinSMEs)
  92. SnapAV Acquires SunBriteTV (FinSMEs)
  93. Velocity Acquires Tab Payments (PR Newswire)
  94. Strativity Group acquires Touchpoint Dashboard (NJBiz)
  95. India: Deals discovery app Little acquires curated deals marketplace Trideal (Deal Street Asia)
  96. Tripoto Raises Series A Funding Round (FinSMEs)
  97. Docker Acquires Tutum (FinSMEs)
  98. Brightstar Expands North American Footprint with Acquisition of Ontario-based WirelessWorks (BusinessWire)
  99. Gone, The App To Sell Your Old Junk, Acquires Yardsale Inc., FOBO (TechCrunch)
  100. P2P lending platform Funding Circle moves into mainland Europe with Zencap acquisition (VentureBeat)
  101. YPB Group Ltd Acquisition of Consumer Engagement Company nTouch Finalised (4-traders)

Russia’s ecommerce revolution

Commentary
With more than 66 million people online, Russia, according to reports, has the largest online market in Europe, with more than 50% of the population using the internet daily. This market is estimated to increase by 20% every year, until 2018. This positive growth has created a booming tech scene and a dynamic venture market dominated by veteran local investors and tech professionals. According to research studies by Fast Lane Ventures, PwC and RVC, the online retail industry has yielded the highest volume of investment growth attracting nearly $1.3 billion in combined funding from 2010 to 2013. Investor interest continued in 2014 with online retailers Ozon raising a total of $150 million and Wikimart raising $40 million from Russian investors. This week, the biggest deal came from South African media giant Naspers when it bought controlling stake in Avito.ru, Russia’s leading online classifieds site, for $1.2 billion. The deal, which values Avito at around $2.7 billion, is one of the largest exits ever in the European market.