Technology Private Placement and M&A Transactions Review Week Ending December 18 2022

Snyk: The company raised $196.5 million of Series G venture funding in a deal led by Qatar Investment Authority on December 12, 2022, putting the company’s pre-money valuation at $7.2 billion. The company is a developer of security analysis tools designed to identify open-source vulnerabilities.

Nerdio: The company raised $117 million of Series B venture funding in a deal led by Updata Partners on December 14, 2022. The company is a provider of cloud-based information technology services intended to deploy, manage, and optimize virtual desktops in Microsoft Azure.

MessageGears: The company raised $62 million of venture funding in a deal led by Long Ridge Equity Partners on December 12, 2022. The company is a developer of a cloud-based cross-channel messaging platform designed to utilize customer data to create personalized, relevant conversations.

Gladly: The company received $55 million of development capital from Riverwood Capital, Greylock, Northeast Angels Investment Group, Glynn Capital and GGV on December 14, 2022. The company is a developer of a cloud-based communication platform designed to help businesses to deliver better customer service.

ngrok: The company raised $50 million of Series A venture funding in a deal led by Lightspeed Venture Partners on December 13, 2022, putting the company’s pre-money valuation at $150 million. The company is a provider of website hosting and application authentication testing services intended to secure URL (uniform resource locator) to the localhost server.

Spotler: The company received EUR 30 million of development capital from CNBB Equity Partners, Mill Reef Capital and other undisclosed investors on December 14, 2022. The company is a provider of electronic mail and marketing automation services intended for e-commerce, retail, education and healthcare industries.

Sweep: The company raised $28 million of Series A venture funding in a deal led by Insight Partners on December 15, 2022. The company is a developer of CRM software designed to customize and scale salesforce configuration.

ZEDEDA: The company raised $26 million of Series B venture funding from Rockwell Automation, EDF Ventures North America, and Juniper Networks. on December 14, 2022. The company is a developer of a cloud-native edge virtualization platform designed to monitor, visualize and secure real-time edge applications.

Phenix: The company raised $12.4 million of Series C venture funding from undisclosed investors on December 12, 2022, putting the company’s pre-money valuation at $120 million. The company is a developer of a video streaming platform intended to broadcast real-time videos with improved quality and low latency.

Api.video: The company raised $12 million of Series A venture funding in a deal led by MMC Ventures on December 13, 2022. The company is an operator of a cloud-based online video platform intended to help organizations share and exchange knowledge.

Shabodi: The company raised CAD 13.9 million of Series A venture funding in a deal led by SineWave Ventures and CEAS Investments on December 14, 2022. The company is a developer of an application enablement platform designed to build high-performance enterprise applications on 5G.

Audio Up Media: The company raised an estimated $10 million of Series C venture funding from Fourward Ventures and Ben Lurie on December 15, 2022, putting the company’s pre-money valuation at $150 million. The company is an operator of an audio-based entertainment platform intended for single songs, podcasts, and audio marketing.

Gipper: The company raised $8.6 million in Series A venture funding from undisclosed investors on December 15, 2022, putting the company’s pre-money valuation at $26 million. The company is a developer of a content creation platform designed to make graphic design quick and easy for social media channels.

Maxar Technologies / Advent International: The company entered into a definitive agreement to be acquired by Advent International through a $6.4 billion LBO on December 16, 2022. Maxar Technologies Inc is an integrated space and geospatial intelligence company with a full range of space technology solutions for commercial and government customers including satellites, Earth imagery, geospatial data, and analytics.

AMI Entertainment Network / Coral Tree Partners: The company was acquired by Coral Tree Partners through an LBO on December 13, 2022 for an undisclosed amount. The company is a provider of digital jukeboxes and video technology systems intended for the bar, restaurant and hospitality industries.

Dataroots / Talan: The company was acquired by Talan, via its financial sponsors Omada and TowerBrook Capital Partners, through an LBO on December 15, 2022 for an undisclosed amount. The company is a provider of information technology consulting services for artificial intelligence and next-generation data platforms.

Recostream / GetResponse: The company was acquired by GetResponse for an undisclosed amount on December 14, 2022. The company is a provider of artificial intelligence and machine learning personalized recommendation technology services.

Topkapi Films / Banijay Benelux: The company was acquired by Banijay Benelux, a subsidiary of Banijay Group, for an undisclosed amount on December 15, 2022. The company is an operator of a movie production business based in Amsterdam, Netherlands.

Vavani Productions / Sentry Financial: The company was acquired by Sentry Financial through an LBO on December 13, 2022 for an undisclosed amount. The company is an operator of a film and television production business based in Salt Lake City, Utah.

WideOrbit / Constellation Software: The company reached a definitive agreement to be acquired by the Lumine Group of Constellation Software on December 12, 2022. The company is a developer of an advertisement management platform for the broadcast industry.

Wiztivi / Lumine Group: The company was acquired by Lumine Group, a subsidiary of Constellation Software, for an undisclosed amount on December 13, 2022. The company is a developer of User Interfaces (UIs) and multiscreen technology designed to bring the internet onto TVs.

Xenics / Photonis: The company entered into a definitive agreement to be acquired by Photonis, via its financial sponsors Groupe HLD and Rothschild & Co, through an LBO on December 15, 2022 for an undisclosed amount. The company is a developer of an infrared technology designed to offer microelectronics and nano-technologies for infrared products and applications.