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

iSpot.tv: The company raised $44.9 million of venture funding in the form of Options and Warrants from undisclosed investors on November 23, 2022. The company is a developer of a real-time advertising intelligence platform designed to provide television advertisement data and analytics.

SponsorUnited: The company raised $35 million of Series A venture funding in a deal led by Spectrum Equity on November 21, 2022, putting the company’s pre-money valuation at an estimated $65 million. Other undisclosed investors also participated in the round. The company is a developer of a sports marketing and sponsorship platform designed to connect brands and sports properties.

Taktile: The company raised $20 million of Series A venture funding in a deal led by Index Ventures and Tiger Global Management on November 22, 2022. The company is a developer of a technology platform intended to enable data science teams to industrialize, scale and maintain machine learning models.

PhotoRoom: The company raised $19 million of Series A venture funding in a deal led by Balderton Capital on November 21, 2022. Hugging Face, Adjacent Venture Capital and FJ Labs also participated in the round. The company is a developer of a photo editing application designed to provide studio-quality product pictures.

Scantinel Photonics: The company raised EUR 17.5 million of Series A venture funding in a deal led by Scania Growth Capital on November 24, 2022. ZEISS Ventures, East Hill Equity, PhotonDelta, and German Accelerator also participated in the round. The company is a developer of a LiDAR technology designed for autonomous driving cars.

City State Entertainment: The company received $15 million of development capital from GF Capital Management & Advisors, TA Associates Management and other undisclosed investors on November 22, 2022. The company is an operator of a collaborative game development studio.

Fizz: The company raised $12 million of Series A venture funding in a deal led by New Enterprise Associates on November 24, 2022. Lightspeed Venture Partners, rocketship, Owl Ventures, Smash Ventures and New Horizons also participated in the round. The company is a developer of an online social media software designed to allow communication and sharing of ideas, events, and experiences within a closed community.

Obrizum: The company raised GBP 9.5 million through the combination of debt and Series A venture funding in a deal led by Guinness Ventures on November 24, 2022, putting the company’s pre-money valuation at GBP 18.5 million. Beaubridge, Qatar Science & Technology Park, Celeres Investments, and Juno Capital also participated in the round. The company is a developer of a B2B digital learning and technology platform designed to transform digital learning through automation, adaptability and analytics.

Dapper Labs: The company raised $5.0 million of venture funding from undisclosed investors on November 21, 2022. The company is a developer of a blockchain-based collectibles and NFT platform for  games and entertainment.

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Zendesk / Abu Dhabi Investment Authority: The company was acquired by Permira, Hellman & Friedman, GIC and Abu Dhabi Investment Authority through a $10.2 billion public-to-private LBO on November 22, 2022. Founded in 2007, Zendesk provides a portfolio of customer engagement software solutions via single applications or the Sunshine suite.

Benu Networks / Ciena: The company reached a definitive agreement to be acquired by Ciena for an undisclosed amount on November 22, 2022. The company is a developer of a virtual service platform designed for the creation and delivery of internet protocol (IP) services over a converged infrastructure.

Bookeen / Vivlio: The company was acquired by Vivlio for an undisclosed amount on November 24, 2022. The company is a provider of a digital device intended to navigate and personalize how people read.

Frederix Hotspot / Beaconsmind: The company was acquired by Beaconsmind (PAR: MLBMD) for an undisclosed amount on November 21, 2022. The company is a developer of smart, cloud-based W-LAN hotspot technologies intended for the digitization of cities, municipalities and companies.

Haymillian / Blu.: The company was acquired by Blu. for an undisclosed amount on November 21, 2022. The company is a provider of media localization and access services catering to TV channels, VOD platforms, production, distribution, and eLearning companies.

LeagueSide / TeamSnap: The company was acquired by TeamSnap, via its financial sponsors Waud Capital Partners, Torstar, Northgate Capital, eonCapital, Crawley Ventures and Bolt Ventures, through an LBO on November 21, 2022 for an undisclosed amount. The company is an operator of a sports sponsorship platform designed to connect brands with their target communities through sports.

Njuko / ASICS: The company was acquired by ASICS for an undisclosed amount on November 22, 2022. The company is an operator of a race registration platform catering to endurance and running events across Europe.

Shoutcast / Azerion: The company was acquired by Azerion for an undisclosed amount on November 22, 2022. The company is a developer of radio broadcasting software designed to provide advanced digital audio advertising networks and Internet radio platforms.

Spirit AI / Twitch Interactive: The company was acquired by Twitch Interactive, a subsidiary of Amazon.com, for an undisclosed amount on November 23, 2022. The company is a developer of a cloud based gaming technology designed to craft gaming characters, stories and worlds in games and VR.

Streamwise / Amagi: The company was acquired by Amagi for an undisclosed amount on November 21, 2022. The company is a developer of a SaaS platform intended to help content distributors centralize and standardize their data for business processes and decisions.

Stremium / Fireside Chat: The company was acquired by Fireside Chat for an undisclosed amount on November 23, 2022. The company is a developer of a television platform designed to watch and record all streaming channels across multiple services.

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Source: Pitchbook Data, Inc.