Proceeds used to support operations and strong growth
Investors included SEEK Limited & Allomer Capital
The deal was a result of a process involving numerous financial and strategic investors
Talespin OVERVIEW
Talespin Reality Labs, Inc. (“Talespin”) is building the spatial computing platform to power talent development and skills alignment for the future of work
The company leverages its proprietary XR technology platform to deliver XR-based learning and training applications, mixed reality field tools to support employee job performance, and to advance the collection and alignment of skills data
The company’s technology is used by companies across industries, primarily in the Fortune 500
Sixense M&A sale to Penumbra
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TRANSACTION HIGHLIGHTS
On September 17, 2021, Penumbra Inc. (“Penumbra”) agreed to acquire Sixense Enterprises Inc. (“Sixense”) for $300m in stock
Penumbra and Sixense had previously formed a JV called MVI Health focused on XR stroke rehabilitation
Sixense OVERVIEW
Sixense Enterprises, Inc. ("Sixense"), based in Los Gatos, CA, is a leading provider of enterprise VR/AR solutions
Sixense's technology enables immersive, full-presence VR/AR experiences across a range of applications, such as video games, healthcare et al
Datacoral M&A sale to Clouderaexpand
TRANSACTION HIGHLIGHTS
On June 1, 2021, Cloudera Inc. (“Cloudera") agreed to acquire Datacoral Inc. (“Datacoral") for an undisclosed amount
The acquisition will enable Cloudera to usher in a new era of low-code, no-code self-service by automating complex operations
Datacoral adds an easy-to-use SaaS platform to the Cloudera Data Platform (CDP) portfolio that provides simple, reliable access to more than 80 common data sources
The deal was a result of a competitive process conducted with multiple parties over a condensed timeframe
Datacoral OVERVIEW
Datacoral (headquartered in San Francisco) is a leading no-code secure data pipeline infrastructure software platform
Datacoral’s proprietary cloud-native technology enables seamless extraction, integration and transformation of data
The company has a growing pipeline of blue-chip customers across multiple industries and strong relationships with value-added partners
pulseData $16M equity investment
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TRANSACTION HIGHLIGHTS
pulseData raised $16.3m in Series A funding
Proceeds used to support strong growth
Investors include Bain Capital/US Renal Care, Two Bear Capital
Result of a tightly controlled, competitive process
pulseData OVERVIEW
Leading provider of advanced predictive analytics software for improving chronic disease care; initial focus in kidney / renal
Early detection of potential chronic disease risk using AI/ML prediction models
Integrated data intelligence & workflow engines allow for personalized, proactive, multi-disciplinary care
Growing base of blue-chip customers across payers, providers, and kidney care specialists
Founded in 2016 & headquartered in New York, NY
Game.tv $25M equity investment
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TRANSACTION HIGHLIGHTS
Game.tv raised $25M in Series C funding
Proceeds used to extend leadership in mobile eSports & for potential M&A
Led by Intel Capital; participation from existing investors
Result of a tightly controlled, competitive process involving leading financial & strategic investors
Game.tv OVERVIEW
Game.tv is a global leader in mobile eSports & game promotion
Large concentrated community of 30m+ monthly high value gamers (“whales”)
Generates revenue via mobile game promotion, developer/publisher revenue share via eSports ad platform
Strong partnerships with global ecosystem of technology platforms, gaming platforms & game developers/publishers
Best-in-class proprietary AI/ML-based technology: mobile on PC; mobile eSports orchestration; eSports ad platform
Founded in 2011 and headquartered in Campbell, CA
Spotter $66M financing
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TRANSACTION HIGHLIGHTS
Spotter raised $15.5M in Series A funding and $50.0M in debt financing
Proceeds used to acquire new content and fund operations
Equity funding was led by GPS Investors and Access Industries; debt financing provided by CoVentures
The deal was a result of a process involving numerous financial and strategic investors
Spotter OVERVIEW
Spotter, Inc. ("Spotter", formerly named RoundUp Media, LLC or Network of One) is a leading, AI/ML-driven digital video acquisition and monetization platform
The company's proprietary software analyzes, identifies, & values compelling digital video content for acquisition
Provides liquidity solution for independent digital video content creators
Largest third-party database of YouTube videos (5B videos, 1B channels)
Founded in and headquartered in Los Angeles
TechStyle Fashion Group $110M second lien debt refinancing
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TRANSACTION HIGHLIGHTS
$110M commitment secured from Colbeck Capital
Proceeds used for the repayment of existing second lien debt, investment in Savage X brand, and general corporate purposes
Result of tightly controlled, competitive process involving multiple leading direct lenders
TechStyle OVERVIEW
TechStyle, Inc. ("TFG") is a leading platform for building & scaling digital native fashion brands
Key brands include Fabletics, JustFab, ShoeDazzle, FabKids & Savage X Fenty
Unique subscription-based VIP membership revenue model
100M+ products shipped, 5M+ VIP members, presence in 12 countries
Sell & market direct to consumers via e-commerce and Fabletics stores
Founded in 2010 and headquartered in Los Angeles
Savage X Fenty $50M equity investment
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TRANSACTION HIGHLIGHTS
SxF raised $50M in growth equity funding
Co-led by Marcy Capital and AVENIR Growth Capital
Result of a tightly-controlled, competitive process involving select financial investors
Savage X Fenty OVERVIEW
Launched in May 2018, Savage X Fenty (“SxF”) is a joint venture between TechStyle Fashion Group and Rihanna
SxF is a leading fashion brand for women's lingerie & undergarments
The brand is approachable for all women – focuses on inclusivity & body positivity
Delivers superior customer experience: digital native, direct-to-consumer membership model
Mighty AI M&A sale to Uber
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TRANSACTION HIGHLIGHTS
On June 21, 2019, Uber Technologies Inc. ("Uber") agreed to acquire Mighty AI Inc. ("Mighty AI") for an undisclosed amount
Mighty AI’s intellectual property, software, technology talent and labeling community were merged with Uber's Advanced Technologies Group ("Uber ATG")
Combination of the Mighty AI platform with Uber ATG accelerates the development of self-driving technology
The deal was a result of a competitive process conducted with multiple parties over a condensed timeframe
Mighty AI OVERVIEW
Mighty AI (headquartered in Seattle) was a leading independent provider of training data software solutions for AI/ML computer vision applications such as autonomous driving
Mighty AI's SaaS-based platform efficiently and accurately annotates datasets used to train AI/ML software
The company also manages a global crowdsourced community of 800k+ human editors
BlackWatch Managing Director & CEO Andrew Kass also serves as a Managing Director, Operating Partner and registered representative of Global Leisure Partners LLC ("GLP"), a licensed broker-dealer registered with the Securities and Exchange Commission and a FINRA/SIPC member firm. All broker-dealer activities are conducted by Andrew in association with GLP.