Private Placement Transactions:
Vivun: The company raised $75 million of Series C venture funding in a deal led by Salesforce Ventures on May 17, 2022, putting the company’s pre-money valuation at $450 million. Tiger Global Management, Unusual Ventures, Accel, and Menlo Ventures also participated in the round. The company is a developer of an AI-powered presales platform designed to increase strategic potential, presales and create a seamless interlock between sales and product.
WIN Reality: The company raised $48.9 million of venture funding from undisclosed investors on May 19, 2022. The company is a developer of a virtual reality-based training tool designed to offer athlete evaluation and development.
Storyblok: The company raised $47 million of Series B venture funding in a deal led by Mubadala Capital-Ventures and HV Capital on May 17, 2022. 3VC and Firstminute Capital also participated in the round. The company is a developer of a cloud-based content management system that delivers content experiences on any frontend: Websites, eCommerce, mobile apps, AR/VR or voice content.
N3twork Studios: The company raised $46 million of venture funding in a deal led by Griffin Gaming Partners on May 18, 2022. Galaxy Interactive, Kip, Kleiner Perkins, Floodgate Fund, and LLL Capital also participated in the round. The company is a developer of a blockchain gaming platform.
Forma.AI: The company raised $45 million of Series B venture funding in a deal led by ACME Capital on May 17, 2022. Xfund, Crosslink Capital, Golden Ventures, Uncork Capital, and Gaingels also participated in the round. The company is a developer of AI-driven sales compensation platform designed to allow organizations to formulate, execute, and optimize their compensation strategy.
Everstream Analytics: The company raised $24 million of venture funding in a deal led by Morgan Stanley Investment Management on May 19, 2022. David, Hicks & Lampert Brokerage, Columbia Capital, and StepStone Group also participated in the round. The company is a developer of a cloud-based platform designed to predict, assess and mitigate the risk of supply chain disruptions.
Utopia Labs: The company raised $23.8 million of venture funding from undisclosed investors on May 20, 2022. The company is a developer of an operating system for DAO designed to manage the payment requests, payroll, and reporting for DAO.
DeGirum: The company raised $17.1 million of venture funding from undisclosed investors on May 18, 2022. Of the total amount, $12 million was originally raised in the form of convertible debt and subsequently converted to equity. The company is a developer of an AI acceleration platform designed to enable complex applications for the network Edge.
Claravine: The company raised $16 million of Series B venture funding in a deal led by Five Elms Capital on May 16, 2022, putting the company’s pre-money valuation at $44 million. Silverton Partners, Kickstart Seed Fund, Grayhawk Capital, Next Frontier Capital and Peninsula Ventures also participated in the round. The company is a developer of a marketing campaign automation platform designed to offer digital marketing data governance services.
Tensil: The company raised $15.7 million of venture funding from Will Ruben, Jason Toff, and other undisclosed investors on May 20, 2022. The company is a developer of collaborative tools for creating and editing videos by remote teams.
FreshCut: The company raised $15 million of venture funding in a deal led by Animoca Brands, Republic and Galaxy Interactive on May 18, 2022. C2x, Polygon, GSR, XRM Media, Alchemy, Polkastarter, Kyros Ventures, Everest Ventures Group, OVO Fund, Upside Partnership, Daedalus Ventures, Metasense DAO, Alumni Ventures, SkyVision Capital, Hashed, Tamarack., Kevin Lin, Changhan Kim, JJ Redick, Andre Iguodala, Trevor McFedries and Tucker Boner also participated in the round. The company is a developer of application software and an online platform designed for streaming gaming videos.
Galley: The company raised $14.2 million of Series A venture funding in a deal led by Astanor Ventures on May 20, 2022. Zetta Venture Partners also participated in the round. The company is a developer of a food service platform designed to assist organizations to optimize their food production process.
Primer: The company raised $12.9 million of venture funding from undisclosed investors on May 19, 2022. The company is an operator of a B2B marketing company designed to provide marketing technologies to businesses.
Credo AI: The company raised $12.8 million of Series A venture funding in a deal led by Sands Capital on May 17, 2022, putting the company’s pre-money valuation at $50 million. AI Fund, Decibel Partners and other undisclosed investors also participated in the round. The company is a developer of an Artificial Intelligence platform intended to empower enterprises to develop AI with the highest ethical standards.
Blackpoint: The company raised $10 million of venture funding from undisclosed investors on May 20, 2022. The company is a developer of cybersecurity solutions and platforms designed to offer patented lateral spread detection and network visualization.
Looptify: The company entered into a definitive agreement on raising $7 million of an undisclosed targeted amount of Series A venture funding on May 22, 2022. The company is a developer of an online marketplace platform designed to connect fans with their favorite celebrities, influencers and athletes.
BeReal: The company raised Series B venture funding on May 17, 2022. The company is a developer of a photo-sharing application.
Canvas: The company is in the process of raising venture funding on May 16, 2022. The company is a developer of an interactive content and collaboration platform for developers of 3D models to share and understand product information with speed, ease, and precision.
ChatLingual: The company raised an undisclosed amount of Series A venture funding from Lewis & Clark Ventures on May 18, 2022. The company is a developer of a cloud-based customer support application designed to streamline information sharing across multiple languages and channels.
Positron: The company raised an undisclosed amount of venture funding from JB Capital on May 17, 2022. The company is a developer of a virtual reality platform designed to provide alternatives for immersive and cinematic VR to users.
Skybound: The company raised an undisclosed amount of venture funding in a deal led by Knollwood Investment Advisory on May 17, 2022. Com2uS, Skydance Entertainment, Hiro Capital, and Boost VC also participated in the round. The company is a developer and publisher of an online gaming platform and comics designed to offer a wide variety of games and other entertainment offerings.
M&A Transactions:
Encoding.com / Telestream: The company was acquired by Telestream, via its financial sponsor Genstar Capital, through an LBO on May 17, 2022 for an undisclosed amount. The company is a developer of a cloud-based video encoding platform designed to empower video transcoding for leading companies.
Freestak / Gung Ho Communications: The company was acquired by Gung Ho Communications for an undisclosed amount on May 17, 2022. The company is a developer of sports influencers platform intended to allow brands to connect with outdoors and endurance sports influencers and content creators.
GestureTek / Winning Brands: The company was acquired by Winning Brands for an undisclosed amount on May 19, 2022. The company is a provider of camera-enabled gesture-recognition software for presentation and entertainment systems.
Glitch / Fastly: The company was acquired by Fastly for an undisclosed amount on May 19, 2022. Glitch allows novice and experienced coders to quickly build and deploy small web apps, augmented by a “remix” tool that makes it easy to take someone else’s project, tweak it, and launch a custom version.
Leanplum / CleverTap: The company reached a definitive agreement to be acquired by CleverTap for an undisclosed amount on May 19, 2022. The company is a developer of a mobile marketing and multichannel engagement platform designed to build brand engagement.
Lounge / Pulse: The company was acquired by Pulse for an undisclosed amount on May 17, 2022. The company is a developer of communication tool designed to help business teams plan, remind, collaborate and complete assignments.
Midwinter Entertainment / Behaviour Interactive: The company, a subsidiary of Improbable, was acquired by Behaviour Interactive for an undisclosed amount on May 17, 2022. The company is an operator of a game studio headquartered in Seattle, Washington.
Military Gaming League / Generation Esports: The company was acquired by Generation Esports for an undisclosed amount on May 16, 2022. The company is a developer of an esports gaming league intended to bring the military family into the world of esports.
Rank Ranger / SimilarWeb: The company was acquired by SimilarWeb for an undisclosed amount on May 16, 2022. The company is a developer of an SEO and marketing platform designed for agencies and in-house professionals to help with tracking and monitoring data.
ShotByShot / Swing by Swing: The company was acquired by Swing by Swing for an undisclosed amount on May 16, 2022. The company is a developer of a golf score analysis platform.
Tortal Training / Pluribus Technologies: The company, a subsidiary of Ingage Consulting, was acquired by Pluribus Technologies for an undisclosed amount on May 16, 2022. The company is a provider of online training services aimed toward employees for businesses of all sizes.
Visio Nerf / Pattyn: The company was acquired by Pattyn for an undisclosed amount on May 17, 2022. The company is a developer of image processing systems intended to specialize in vision for robotic applications.