Pre-IPO Sector News Update
March 23, 2021
Last week, ByteDance acquired Moonton Technology, a video game studio, for $4 billion
Dataminr was raising a new round that valued the company at roughly $3.6 billion.
Dataminr raised $475 million at a $4.1 billion valuation
Docker raised $23 million in its Series B funding round.
EToro planned to be acquired by FinTech Acquisition Corp. V (FTCV), a SPAC, in a deal that the values the company at $10.4 billion.
Epic Games was raising a new round that valued the company at $28 billion.
Lookout acquired CipherCloud, a cloud security firm.
Olo raised $450 million in its IPO at a $3.6 billion valuation.
Squarespace raised $300 million at a $10 billion valuation.
Zenefits received a majority control investment from Francisco Partners.
The news articles and links presented below are available for your reference.
BYTEDANCE
“ByteDance Acquires Gaming Studio Moonton at Around $4 Billion Valuation: Sources”
DATAMINR
“Dataminr to Discuss Funding at Over $3.6 Billion Valuation”
DOCKER
“Docker Nabs $23M Series B as New Developer Focus Takes Shape”
ETORO
“ Trading platform eToro Will Merge with the FinTech V SPAC in a $10.4 Billion Deal - Sending the Blank-check Firm up 20%”
EPIC GAMES
“Epic Games’s Value May Hit $28 Billion in Latest Round: Sky”
LOOKOUT
“Lookout Acquires CipherCloud to Deliver Security from Endpoint to Cloud”
OLO
“Olo, Maker of Restaurant-Ordering Tech, Pops 39% From Increased IPO Price”
SQUARESPACE
“Squarespace Raises $300 Million Investment Round at $10 Billion Valuation”
ZENEFITS
“Zenefits, Once Worth $4.5 Billion, Does Deal With Private-Equity Firm That Gives It Control”