Technology Private Placement and M&A Transactions Review Week Ending March 27 2022

Tarana: The company raised $170 million through a combination of debt and Series 6 venture funding in a deal Co-led by Khosla Ventures, Prime Movers Lab, and Axon Capital on March 23, 2022, putting the company’s pre-money valuation at $590 million. Greg Wyler, Michigan State Pension Fund, I Squared Capital, and other undisclosed investors also participated in the round. The company is a provider of wireless broadband access services.

CommerceIQ: The company raised $115 million of Series D venture funding in a deal led by SoftBank Investment Advisers on March 21, 2022, putting the company’s pre-money valuation at $910 million. Insight Partners, Trinity Ventures, Madrona Venture Group, and Shasta Ventures also participated in the round. The company is a developer of an enterprise platform designed to provide retailers with profitable growth through data-driven merchandising decisions.

LottieFiles: The company raised $73.2 million of Series B venture funding from undisclosed investors on March 24, 2022, putting the company’s pre-money valuation at $245 million. The company is a developer of an animation workflow platform designed for interactive design.

Weglot: The company raised $50 million of Series A venture funding from Partech on March 24, 2022. The company is a developer of SaaS multilingual plugin software designed to facilitate language translations in any web browser.

WorkRamp: The company raised $40 million of Series C venture funding in a deal led by Slack Fund, Salesforce Ventures, and Susa Ventures on March 23, 2022, putting the company’s pre-money valuation at $172 million. PeopleTech Partners, GTMFund, UpHonest Capital, OMERS Ventures, and Jack Altman also participated in the round. The company is a developer of an all-in-one learning platform designed to allow businesses to educate their employees and customers with a unified platform for internal and external training.

Beep: The company raised $25 million of Series A1 venture funding in a deal led by ABS Capital Partners on March 22, 2022, putting the company’s pre-money valuation at $75 million. Intel Capital, Hidden Creek Management, Blue Lagoon Capital, and TDF Ventures also participated in the round. The company is a developer of an autonomous mobility platform designed to provide safe and efficient movement of passengers between defined locations.

Versus: The company is planning to raise $20 million of an undisclosed targeted amount of Series B venture funding on March 22, 2022. The company is a developer of a video application designed for athletic skills training.

The Routing Company: The company raised $15 million of Series A venture funding in a deal led by Galvanize Climate Solutions on March 21, 2022, putting the company’s pre-money valuation at $35 million. The company is a developer of a vehicle routing and management platform intended to track fleets of on-demand shared cars, shuttles, and buses.

Amper: The company raised $10.9 million of venture funding from undisclosed investors on March 25, 2022. The company is a developer of a machine monitoring system designed to digitize factories and save money on downtime.

Neural Concept: The company raised CHF 8.5 million of Series A venture funding in a deal led by Alven Capital Partners on March 22, 2022, putting the company’s pre-money valuation at an estimated CHF 29.3 million. Constantia New Business, High-Tech Gründerfonds, and Aster Capital also participated in the round. The company is a developer of an artificial intelligence algorithmic platform designed to facilitate computer-assisted engineering and design.

Apptronik: The company raised $8 million of venture funding from eight undisclosed investors on March 23, 2022. The company is empowering the next generation of robotics to improve the health, comfort, safety, and productivity of humans.

Pubstack: The company raised EUR 5.5 million of Series A venture funding from GO Capital, ISAI, and Hervé Brunet on March 22, 2022. Jean Canzoneri also participated in the round. The company is a developer of a cloud-based advertisement monitoring and analytics platform intended to serve publishers.

Ferret: The company raised $5.4 million through a combination of Series A venture funding from Lanyon Advisory Services, Artesian Capital Management, and other undisclosed investors on March 21, 2022, putting the company’s pre-money valuation at $45 million. The company is a developer of relationship intelligence software designed to help businesses and professionals to check and monitor the background and reputation of all of their connections.

LexCheck: The company raised $5 million of venture funding in a deal led by Ulu Ventures on March 24, 2022. Kli Capital, Howard Morgan, and other undisclosed investors also participated in the round. The company is a developer of an artificial intelligence-powered contract negotiation platform designed to assist in legal ambiguity and potential drafting error detection.

Buzzbassador: The company raised an undisclosed amount of venture funding from undisclosed investors on March 25, 2022. The company is a developer of digital marketing software intended to help business owners to scale by automating their brand ambassador programs.

Rad: The company raised an undisclosed amount of venture funding in a deal led by Ayre Group and Intersect VC on March 21, 2022. 93 Ventures, Alvin Kwan, Rusty Matveev, Revere VC, and Jason Campbell also participated in this round. The company is a developer of an aggregated streaming app and Non-Fungible Token marketplace designed to create a streaming metaverse.

SandboxAQ: The company raised an undisclosed amount of venture funding from First Light Capital Group, Breyer Capital, and Time Ventures on March 22, 2022. Section 32, Parkway Venture Capital, David Siegel, Bradley Bloom, Eric Schmidt, Thomas Tull, T. Rowe Price, Guggenheim Investments, and other undisclosed investors also participated in the round. The company is a developer of AI quantum software designed to address significant business and scientific challenges.

Yumon: The company raised an undisclosed amount of venture funding from Origins Fund on March 22, 2022. The company is a developer of an NFT gaming platform intended to offer fantasy league gaming.

Unbxd / Netcore Cloud: The company was acquired by Netcore Cloud on March 24, 2022, for $100 million. The company is a developer of a cloud-based product discovery platform designed to assist online visitors on an e-commerce website to find the right product.

Cherry Creek Media / Townsquare Media: The company reached a definitive agreement to be acquired by Townsquare Media for $18.8 million on March 24, 2022. The company is an operator of radio stations and a provider of events and digital marketing services.

Behemoth Comics / Sumerian Records & Films: The company was acquired by Sumerian Records & Films for an undisclosed amount on March 23, 2022. The company is a publisher of comics and games based out of Dallas, Texas.

Boss Fight Entertainment / Netflix: The company was acquired by Netflix for an undisclosed amount on March 24, 2022. The company is an operator of an independent game development studio based in Mc Kinney, Texas.

ChaosNative / Harness: The company was acquired by Harness for an undisclosed amount on March 22, 2022. The company is a developer of a chaos engineering platform designed to provide chaos experiments for virtual environments, baremetal, and cloud infrastructure and services.

Gamelancer / Wondr Gaming: The company reached a definitive agreement to be acquired by Wondr Gaming for an undisclosed amount on March 21, 2022. The company is a developer of an online gaming platform designed to let freelance gamers elevate the gaming experience.

Good Luck Games / FTX US: The company was acquired by FTX US for an undisclosed amount on March 22, 2022. The company is an operator of a game-design company based in Olympia, Washington.

Haven Entertainment Studios / Sony Interactive Entertainment: The company reached a definitive agreement to be acquired by Sony Interactive Entertainment, a subsidiary of Sony, for an undisclosed amount on March 21, 2022. The company is a developer of multiplayer gaming software intended to create an interactive experience built upon a systemic and evolving world that will offer freedom, thrills, and playfulness to players.

MoveSpring / Reward Gateway: The company was acquired by Reward Gateway for an undisclosed amount on March 22, 2022. The company is a developer of a fitness tracking platform designed to help users to compete with their friends using their smartphones.

NexLevel Gaming / Grover Gaming: The company reached a definitive agreement to be acquired by Grover Gaming for an undisclosed amount on March 23, 2022. The company is a developer of gaming machines designed to be used for electronic pull tabs, an electronic version of paper pull tab games.

NextMind / Snap Group: The company was acquired by Snap Group for an undisclosed amount on March 23, 2022. The company is a developer of a noninvasive, AI-based brain-computer interface device designed to control and navigate electronic devices with the mind.

Popular Pays / Lightrick: The company was acquired by Lightrick for an undisclosed amount on March 23, 2022. The company is a developer of creative collaboration software designed to facilitate collaboration between brands and content creators to produce custom content.

RevBase / Bullseye Locations: The company, a subsidiary of Longwood Software, was acquired by Bullseye Locations for an undisclosed amount on March 22, 2022. The company is a developer of marketing asset management software intended to simplify data management and distribution for client enterprises.

Technori / KingsCrowd: The company was acquired by KingsCrowd for an undisclosed amount on March 26, 2022. The company is a developer of an entrepreneurship media platform designed to simplify the process for entrepreneurs to start and scale a business.

The Wild / Autodesk: The company reached a definitive agreement to be acquired by Autodesk for an undisclosed amount on March 24, 2022. The company is a developer of a collaboration platform designed to create and share immersive experiences in VR/AR.