Technology Private Placement and M&A Transactions Review Week Ending April 10 2022

Improbable: The company raised $150 million of venture funding in a deal led by Andreessen Horowitz and SoftBank Investment Advisers on April 07, 2022. Mirana Ventures, Digital Currency Group, CMT Digital, Ethereal Ventures, Round 13 Capital, Zinal Growth, Guillaume Pousaz, David Rutter, Saranac Partners, and others undisclosed investors also participated in the round. The company is a developer of an operating system designed to offer virtual gaming experiences.

Entertainment Data Oracle: The company raised $80 million of venture funding from Shamrock Capital Advisors on April 06, 2021. The company is a developer of a data analytics platform intended to develop tools to make information available, accessible, and actionable for the entertainment industry.

OpenPhone: The company raised $40 million of Series B venture funding in a deal led by Tiger Global Management on April 7, 2022. Craft Ventures and 7 investors also participated in the round. The company is a developer of a business communication platform for calling and messaging.

Groups360: The company raised $35M of venture funding from Zigg Capital, Blackstone and Fir Tree Partners on April 6, 2022. The company is a developer of an online marketplace designed to facilitate meeting bookings for event planners and hoteliers.

Tempo Storm: The company raised $29.1 million of venture funding from undisclosed investors on April4, 2022. The company is a developer of a professional e-sports and gaming entertainment platform designed to enable live, interactive and immersive gaming.

Rattle: The company raised $26 million of Series A-1 venture funding in a deal led by Insight Partners on April 5, 2022, putting the company’s pre-money valuation at $99 million. GV, Lightspeed India Partners and Sequoia Capital India also participated in this round. The company is a developer of a salesforce integration technology designed to help sales teams to sell efficiently.

Conversica: The company raised $25 million of venture funding from Morgan Stanley Expansion Capital on April 5, 2022. The company is a developer of an artificial intelligence-driven lead engagement software designed to help companies find and secure customers efficiently.

Hivemapper: The company raised $18 million through the combination of Series A-1 and Series A-3 funding in a deal led by Multicoin Capital on April 5, 2022, putting the company’s pre-money valuation at $70 million. Craft Ventures, Solana Capital, Shine Capital, 75 & Sunny, Spark Capital, Founder Collective, Homebrew and 10 other angel investors also participated in this round. The company is a developer of a decentralized mapping network designed to offer monitoring and assistance in autonomous navigation.

Endel: The company raised $15 of Series B venture funding in a deal co-led by Waverley Capital and True Ventures on April 05, 2022. The company is a developer of a personalized soundscape platform intended to generate adaptive sound environments.

The Fabricant: The company raised $14M of Series A venture funding in a deal led by Greenfield One Management on April 7, 2022. Sound Ventures, Red DAO, 4impact.vc, Slingshot Ventures, Sebastian Borget, Koji Capital, and 13 other investors also participated in the round. The company is an operator of a digital fashion house intended to provide digital-only dress on the blockchain.

Tappp: The company raised $10 million of Series B venture funding in a deal co-led by Verance Capital, Accomplice VC and ADvantage SportsTech Fund on April 05, 2022. R/GA Ventures and Drive by DraftKings also participated in the round. The company provides an interactive gaming and betting platform offering proprietary, real-time, content-specific viewing experiences across any end-user device with cash and digital transactions.

Digital Insight Games: The company raised an estimated $7.5 million through a combination of Series A1 and Series A2 venture funding from Griffin Gaming Partners and Hivemind Capital on April 8, 2022, putting the company’s pre-money valuation at $13 million. Hunt Technology Ventures, RSE Ventures, Signum Growth Capital and other undisclosed investors also participated in the round. The company is a developer of a gaming studio intended to build AAA blockchain RPGs.

Wurl / AppLovin: The company was acquired by AppLovin for an estimated $430 million on April 05,2022. The company is a developer of a cloud-based online video programming platform with content distribution and advertising services that reach over 300 million connected TVs delivering hundreds of millions of hours of TV viewing and millions of individually targeted ads.

The Filter / 24i: The company was acquired by 24i for GBP 1.5 million on April 5, 2022. The company will receive a contingent payout of GBP 2.8 million upon achieving certain annual recurring revenue growth. The company is a developer of artificial intelligence software designed to increase customer engagement of media and entertainment content.

Swift Labs / Blackline Safety: The company was acquired by Blackline Safety for CAD 5 million on April 4, 2022. The company is a provider of IoT services intended to provide wireless connectivity solutions.

Foundry 45 / Axon Enterprise: The company was acquired by Axon Enterprise for an undisclosed amount on April 5, 2022. The company is a provider of immersive virtual reality experiences intended to connect brands with their customers.

Motionly / Ogury: The company was acquired by Ogury for an undisclosed amount on April 7, 2022. The company is a provider of SaaS solution intended to design, deploy and measure interactive rich media animations on mobile or desktop.

Sport Session Planner / The Coaches’ Voice: The company reached a definitive agreement to be acquired by The Coaches’ Voice for an undisclosed amount on April 4, 2022. The company is an operator of digital coaching platform.