Technology Private Placement and M&A Transactions Review Week Ending July 28, 2024

DevRev: The company raised $100.8 million of venture funding from undisclosed investors on July 25, 2024. The company is a developer of a relationship management platform designed to streamline product development and customer service.

Gcore: The company raised $60 million of Series A venture funding in a deal led by Wargaming Group on July 23, 2024. Constructor Capital and HRZ also participated in the round. The company is a provider of public cloud and edge computing, content delivery, hosting, and security solutions.

Placer.ai: The company received $54.5 million of development capital from GEM Realty Capital, and other undisclosed investors on July 23, 2024. The company is a developer of a location analytics platform designed to provide real-time insights into consumer behavior and foot traffic patterns.

Revi: The company raised $14.5 million of Series A venture funding in a deal led by Runa Capital on July 26, 2024. The company is a developer of a point-of-sale technology system designed to optimize the consumer experience and boost engagement with local businesses.

BrightAI: The company raised $14 million of venture funding from undisclosed investors on July 25, 2024. The company is a developer of applied AI and IoT platforms.

N2me TV: The company raised $11.4 million of venture funding from undisclosed investors on July 25, 2024. The company is a developer of a cloud-based data browsing technology designed to provide wireless live streaming and video distribution.

Blumen: The company raised $6.4 million of venture funding from undisclosed investors on July 24, 2024. The company is a developer of industrial and renewable project development software designed to manage project milestones, data, and risks.

Cypris: The company raised $5.3 million of Series A venture funding in a deal led by Vocap Partners on July 23, 2024. Activate Venture Partners and Blue Tree Venture Capital also participated in the round. The company is a developer of an AI-powered research platform that consolidates data in real-time from trusted public and private data sources to bring customers up to speed on the most relevant information in one platform.

FreeCast: The company raised $5 million of venture funding from undisclosed investors on July 22, 2024. FreeCast Inc is an entertainment-based content discovery, aggregation and management company that provides SmartGuide digital interactive technology for consumers to organize numerous sources of online content in a digital media distribution platform.

Language I/O: The company raised $5 million of Series A venture funding in a deal led by Gutbrain Ventures on July 24, 2024, putting the company’s pre-money valuation at $49 million. Raptor Group, Omega Venture Partners, PBJ Capital, Joint Effects, and Wyoming Venture Capital also participated in the round. The company is a developer of communication software designed to allow support teams to communicate with customers in any language.

Her Campus Media: The company received an undisclosed amount of development capital from Soros Fund Management on July 24, 2024. The company is an marketing and media company that targets college women.

Yup: The company raised an undisclosed amount of venture funding from Nascent, IDEO CoLab Ventures and Dan Romero on July 25, 2024. The company is an operator of a social network for web2 and web3 cross platform content sharing.

International Game Technology / Apollo Global Management: Everi Holdings, via its financial sponsor Apollo Global Management, entered into a definitive agreement to acquire the gaming and digital business of International Game Technology, as a part of a $6.3 billion LBO on July 26, 2024. The company is an operator of a gaming and playdigital business based in London, United Kingdom.

930 WFMD / Local Daily Media: The company was acquired by Local Daily Media for $4.2 million on July 24, 2024. The company is an operator of a news talk radio station based in Frederick, Maryland.

Avianna / Lucid Bots: The company was acquired by Lucid Bots for an undisclosed amount on July 24, 2024. The company is a developer of drone artificial intelligence software.

Bray Film Studios / Amazon.com: The company was acquired by Amazon.com for an undisclosed amount on July 22, 2024. The company is an operator of a film studio based in Water Oakley, United Kingdom.

Cycle / Crossmint: The company was acquired by Crossmint for an undisclosed amount on July 25, 2024. The company is a developer of an AI-powered customer analytics platform.

Everi Holdings / Apollo Global Management: The company entered into a definitive agreement to be acquired by Apollo Global Management as a part of a $6.3 billion public-to-private LBO on July 26, 2024. As a result of the transaction, the company will be delisted. Everi Holdings Inc provides entertainment and technology solutions for the casino, interactive, and gaming industry.

GameBlazers / RSports Interactive: The company was acquired by RSports Interactive for an undisclosed amount on July 22, 2024. The company is a developer of a fantasy sports gaming platform.

Infinite Blue / Everbridge: The company was acquired by Everbridge, via its financial sponsor Thoma Bravo, through an LBO on July 23, 2024 for an undisclosed amount. The company is a developer of a low-code development platform for the BC/Disaster Recovery industry.

Influential / Publicis Groupe: The company reached a definitive agreement to be acquired by Publicis Groupe for an indicated $500 million on July 25, 2024. The company is a developer of an influencer marketing platform designed to deliver demographically, psycho-graphically, and contextually targeted campaigns for brands and agencies.

iTero Gaming / Excel Esports: The company was acquired by Excel Esports, via its financial sponsors JRJ Group, TOMS Capital Investment Management, Guinevere Capital, IPGL and TNF Capital, through an LBO on July 24, 2024 for an undisclosed amount. The company is a provider of an AI-powered coaching tool for video game players.

Johnson Production Group / Newen: The company reached a definitive agreement to be acquired by Newen, a subsidiary of TF1 Groupe (PAR: TFI), for an undisclosed amount on July 25, 2024. The company is a provider of television content for studios and streaming platforms.

Molecula / Circuit: The company was acquired by Circuit for an undisclosed amount on July 23, 2024. The company is a developer of data virtualization software designed to secure access to large, fragmented, and geographically dispersed datasets with AI.

Player First Games / Warner Bros. Games: The company was acquired by Warner Bros. Games, a subsidiary of Warner Bros. Entertainment, for an undisclosed amount on July 22, 2024. The company is an operator of a video game studio.

Pluralytics / Aletheia Marketing & Media: The company was acquired by Aletheia Marketing & Media for an undisclosed amount on July 23, 2024. The company is a developer of a language intelligence and generation platform intended to use principles of behavioral science and AI to pinpoint consumers’ key values and priorities that inspire their purchases.

Protex Group / RealTruck: The company was acquired by RealTruck, via its financial sponsors CCMP Capital Advisors, Constitution Capital Partners, L Catterton, MavenHill Capital, Mubadala Investment Company, StepStone Group and Abu Dhabi Investment Authority, through an LBO on July 25, 2024 for an undisclosed amount. The company is a developer of an augmented reality platform designed for 3D product configuration.

Skematic / Financial Recovery Technologies: The company was acquired by Financial Recovery Technologies for an undisclosed amount on July 23, 2024. The company is a developer of a workflow management platform designed for compliance teams.

Stakelogic / Sega Sammy Holdings: The company reached a definitive agreement to be acquired by Sega Sammy Holdings for EUR 130 million on July 26, 2024. The company is a developer of an online gaming platform for casino games.

Vegas Sports Information Network / Musburger Media: The company was acquired by Musburger Media for an undisclosed amount on July 22, 2024. The company is an operator of a sports betting and broadcasting network intended to provide insights on live odds, lines, and betting data for every sport.

WhatSong Soundtracks / Tunespotter: The company was acquired by Tunespotter for an undisclosed amount on July 22, 2024. The company is a provider of a database of movie and television show soundtracks and playlists based in New York.

Source: Pitchbook Data, Inc.