Technology Private Placement and M&A Transactions Review Week Ending May 29 2022

Firework: The company raised $150 million of Series B venture funding in a deal led by SoftBank Vision Fund 2 on May 24, 2022. The company is an operator of a platform for brands to seamlessly integrate high-impact video experiences directly into their owned and operated sites and apps with one-line-of-code.

Gametime: The company raised $70.5 million of Series C venture funding in a deal led by Nimble Partners on May 26, 2022. GV, University Growth Fund, Bolt Ventures, Maven Ventures, Palapa Ventures, Blitzscaling Ventures, Accel, Next Play Capital, Alumni Ventures, Jeff Mallett, Jeremy Levine, and Tenere Capital also participated in the round. The company is a developer of a mobile sports ticketing application designed to help people to find and buy tickets to a nearby concert or sporting event at the last minute.

Tidelift: The company raised $27 million of Series C venture funding in a deal led by Dorilton Ventures on May 24, 2022, putting the company’s pre-money valuation at $205 million. Kaiser Permanente Ventures, Atlassian Ventures, General Catalyst, and Foundry Group also participated in the round. The company is a developer of an open-source software marketplace designed to maintain and secure projects for professional software development.

Point2: The company raised $22 million of Series B venture funding in a deal led by Molex and GU Equity Partners (Korea) on May 25, 2022, putting the company’s pre-money valuation at $110 million. Samsung Securities, Time Folio Investment, Korea Omega Investment, Shinhan Capital, Tigris Investment, K2 Investment Partners, Nautilus Venture Partners, Quantum Ventures Korea and Walden International also participated in the round. The company is a developer of data connectivity technology designed to meet the bandwidth requirements of 5G and cloud-based data centers.

Parallel Learning: The company raised $20 million of Series A venture funding in a deal led by Tiger Global Management on May 24, 2022, putting the company’s pre-money valuation at $60 million. Obvious Ventures, Vine Capital Management and JAWS Estates Capital also participated in the round. The company is a developer of a learning assessment platform designed to diagnose and empower students with learning differences.

Zowie: The company raised $14 million of Series A venture funding in a deal led by Tiger Global Management on May 23, 2022, putting the company’s pre-money valuation at $38 million. 10x Founders and other undisclosed investors also participated in the round. The company is a developer of a customer service automation platform designed to enhance customer engagement.

Stationhead: The company raised $12.9 million of venture funding from undisclosed investors on May 26, 2022. The company is a developer of a live radio application designed to let users play their own music selections.

Roboto Games: The company raised $11.8 million of venture funding from undisclosed investors on May 27, 2022. The company is a developer of casual multiplayer games.

Vibenomics: The company raised $11.8 million of venture funding from undisclosed investors on May 27, 2022. The company is a provider of audio experience and advertising services intended to transform out-of-home marketing.

Worximity: The company raised CAD 14 million of Series B venture funding through a combination of equity and debt on May 25, 2022. CAD 10.5 million of venture funding was raised from Investissement Québec, Fonds de solidarité FTQ and Marel. The company is a developer of cloud-based smart factory data collection and analytics software designed to monitor production and make real-time decisions in the manufacturing industry.

Juno: The company raised $10 million of Series A venture funding in a deal led by Insight Partners on May 26, 2022. The company is a developer of events and engagement software designed to optimize traditional live events into a continued engaging experience.

Intentomatic: The company raised an undisclosed amount of venture funding from Aperiam Ventures in May 2022. The company is a developer of analytics software designed to surface buyer intent signals in real-time.

Radical: The company is in the process of raising an undisclosed amount of venture funding from Autodesk on May 25, 2022. The company is a developer of a three-dimensional human virtualization platform designed to democratize motion capture for content creators.

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Zynga / Take-Two Interactive Software: The company was acquired by Take-Two Interactive Software for $12.7 billion on May 23, 2022. Zynga Inc develops, markets, and operates social games as live services played on mobile platforms, such as iOS and Android, and social networking sites, such as Facebook.

Brightline Interactive / The Glimpse Group: The company reached a definitive agreement to be acquired by The Glimpse Group $32.5 million on May 26, 2022. The company is a developer and provider of VR and AR technology solutions designed for training, simulation and brand experiences.

Bolt Systems / Upside Growth Partners: The company was acquired by Upside Growth Partners for an undisclosed amount on May 23, 2022. The company is a provider of cloud-based fleet management systems intended to serve the trucking and logistics industry.

Fortuna / CyborgTech: The company was acquired by CyborgTech for an undisclosed amount on May 24, 2022. The company is a developer of an artificial intelligence platform designed to enhance business productivity.

Immersive Interactive / Echo Healthcare: The company was acquired by Echo Healthcare for an undisclosed amount on May 25, 2022. The company is a provider of virtual learning spaces intended to create interactive environments for education.

Kings Entertainment / Sports Venture Holdings: The company reached a definitive agreement to be acquired by Sports Venture Holdings through a reverse merger on May 24, 2022. Kings Entertainment Group Inc is the parent company of global lottery brand LottoKings group.

LabelRadar / Beatport: The company was acquired by Beatport, a subsidiary of LiveStyle, for an undisclosed amount on May 26, 2022. The company is a developer of a platform intended to introduce artists and their music to labels.

QPhoton / Quantum Computing: The company reached a definitive agreement to be acquired by Quantum Computing for an undisclosed amount on May 24, 2022. The company is a developer of quantum nanophotonic technology and systems.

Tilt / Docker: The company was acquired by Docker for an undisclosed amount on May 26, 2022. The company is a developer of a software development platform intended to facilitate productivity for team building.

Upbeat Music App / Makemusic: The company was acquired by Makemusic, a subsidiary of TrainingPeaks, for an undisclosed amount on May 26, 2022. The company is a developer of a web-based video synchronization platform that allows musicians to practice and record music in real-time.