Technology Private Placement and M&A Transactions Review Week Ending February 12 2023

InfluxData: The company raised $81 million through a combination of Series E venture funding and debt in a deal led by Citi Ventures and Princeville Capital on February 8, 2023. Sorenson Capital, Mayfield, Trinity Ventures, Battery Ventures, Sapphire Ventures, Harmony Partners and Norwest Venture Partners also participated in the round. A $30 million loan was provided by Silicon Valley Bank. The company is a developer of an open-source time-series database designed to manage and analyze large volumes of time-stamped data.

Ushur: The company raised $50 million in Series C venture funding in a deal led by Third Point Ventures on February 7, 2023, putting the company’s pre-money valuation at $110 million. Aflac Ventures, Pentland Ventures, 8VC, Iron Pillar and other undisclosed investors also participated in the round. The company is a developer of a customer interaction platform designed to engage customers with automated conversations.

Magic: The company raised $23 million of Series A venture funding in a deal led by CapitalG on February 6, 2023, putting the company’s pre-money valuation at $107 million. Amplify Partners, Elad Gil, Nat Friedman and other undisclosed investors also participated in the round. The company has developed an AI-driven tool designed to help software engineers write, review, debug and plan code changes using natural language.

Hume: The company raised $16.7 million of Series A venture funding in a deal led by Union Square Ventures on February 6, 2023. Northwell Holdings, Comcast Ventures, LG Technology Ventures, Wisdom Ventures and Evan Sharp also participated in the round. The company is a developer of an expressive communication toolkit designed to provide large-scale training datasets and models needed to build empathic technology.

Regie.ai: The company raised $16 million of Series A venture funding in a deal led by Foundation Capital, Scale Venture Partners and Khosla Ventures on February 9, 2023, putting the company’s pre-money valuation at $50 million. South Park Commons and Day One Ventures also participated in the round. The company is a developer of an AI content platform designed to offer an all-in-one content creation and management system.

Mino Games: The company raised $15 million of Series B venture funding in a deal led by Standard Crypto on February 9, 2023. Sybo Games, Collab+Currency, Earl Grey Capital, Boost VC, Konvoy Ventures, Andreessen Horowitz, William Gordon and Don Mattrick also participated in the round. The company is an operator of a mobile-based gaming studio intended to offer various genres of online games.

Brizi: The company raised an undisclosed amount of venture funding from Impellent Ventures on February 10, 2023. The company is a developer of a fan-controlled aerial camera system designed to give camera control to fans sitting in a stadium.

Looking Glass: The company raised an undisclosed amount of venture funding from Accenture Ventures on February 8, 2023. The company is a developer of holographic light field software designed for 3D creators.

Sumo Logic / Francisco Partners: The company entered into a definitive agreement to be acquired by Francisco Partners through an estimated $1.7 billion public-to-private LBO on February 8, 2023. The company provdes solutions for the public, education, gaming, retail, financial services, and fintech sectors.

7digital / Songtradr: The company reached a definitive agreement to be acquired by Songtradr for GBP 19.4 million on February 8, 2023. 7digital Group PLC is a business-to-business digital music and radio services company.

Qumu / Enghouse Systems: The company was acquired by Enghouse Systems for $18 million on February 8, 2023. Qumu Corp provides software solutions to create, manage, secure, distribute and measure the success of live and on-demand video for enterprises.

Ballistic Moon / Sony: The company was acquired by Sony for an undisclosed amount on February 10, 2023. The company is an operator of a computer games studio.

Cognition360 / ScalePad: The company was acquired by ScalePad, via its financial sponsors CFT Capital Partners, Integrity Growth Partners and Top Down Ventures, through an LBO on February 7, 2023 for an undisclosed amount. The company is a developer of a business intelligence and analytics platform intended to serve managed service providers.

D2K Technologies / End To End Computing: The company was acquired by End To End Computing for an undisclosed amount on February 10, 2023. The company is a developer of artificial intelligence and autonomous systems intended to serve NASA and the aerospace industry.

Her-Bak Media / M-Stream: The company was acquired by M-Stream, a subsidiary of Broadcom, for an undisclosed amount on February 9, 2023. The company is an operator of an audiovisual agency primarily focused on virtual and augmented reality.

Hexagone / Uniphore: The company was acquired by Uniphore for an undisclosed amount on February 8, 2023. The company is an operator of an artificial intelligence business designed to recognize real-time multi-face emotion.

Roxor / Aristocrat Leisure: The company was acquired by Aristocrat Leisure for an undisclosed amount on February 7, 2023. The company is a developer and operator of a gaming platform based in London, United Kingdom.