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TikTok gets Tay and Billie back

TikTok gets Tay and Billie back
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
May 3, 2024

What We're Reading

  • TikTok gets Tay and Billie back with new UMG content licensing deal [TechCrunch]
  • Peloton to lay off 400 employees as CEO Barry McCarthy departs [TechCrunch]
  • Google expands passkey support to its Advanced Protection Program ahead of the US presidential election [TechCrunch]
  • Spotify quietly moves lyrics behind a paywall [TechCrunch]

Trending Companies

 

Apaly, a firm that develops a digital direct healthcare platform offers features such as smart contract automation, electronic claim submission, direct contracting, employee engagement and others, raises $2.4MM Seed from 412 Ventures.

Computer Vision • Tampa, FL • Post-Money Valuation

 

Elisity, a provider of a platform for identity and behavior-based enterprise cybersecurity, raises $37MM Series B from Insight Partners.

Cyber Security • San Jose, CA • Post-Money Valuation

 

Backflip, a company that develops property tech software intended to grow real estate entrepreneurs and real estate investment, raises $15MM Series A from FirstMark Capital.

PropTech • Dallas, TX • Post-Money Valuation

 

Plover, a company that develops an insurance data platform designed to sell event-driven insurance, raises $5MM Equity Funding from Undisclosed Investors.

Insurtech • New York, NY • Post-Money Valuation

 

Arbol, a company that develops a climate risk assessment and insurance platform designed for businesses to analyze and mitigate financial losses from extreme weather events, raises $60MM Series B from Opera Tech Ventures.

Insurtech • New York, NY • Post-Money Valuation

 

Screenverse, an advertising agency that offers digital marketing, branding, content management, and social media services, raises $10.5MM Equity Funding from Volition Capital.

Content Management • Dover, DE • Post-Money Valuation

 

Adaptilens, a company that develops an intraocular lens designed to replicate the human lens, raises $17.5MM Series A from Perceptive Xontogeny Venture Funds.

Eye Care • Chestnut Hill, MA • Post-Money Valuation

 

Corelight, a company that operates an open network detection and response platform, raises $150MM Series E from Accel Partners.

Network Security • San Francisco, CA • Post-Money Valuation

 

Kutt, a company that develops an online betting platform designed to offer peer-to-peer betting, raises $1MM Equity Funding from Lightning Capital.

Gambling • Gilbert, SC • Post-Money Valuation

 

Unicorn, a company that operates a digital web bidding platform, raises $5.8MM Seed from Middleton Partners.

Online Auctions • Chicago, IL • Post-Money Valuation

 

Qlaris Bio, a firm that develops novel therapies intended to treat serious and debilitating ophthalmic diseases, raises $24MM Series B from Canaan and New Leaf Venture Partners.

Biotechnology • Wellesley Hills, MA • Post-Money Valuation

 

Trovo Health, a firm that provides an AI-powered platform helping health providers extend their capabilities, raises $15MM Seed from Oak HC/FT.

Artificial Intelligence • New York, NY • Post-Money Valuation

 

Luxa Biotechnology, a clinical-stage biotechnology firm developing a unique adult RPE stem cell (RPESC) therapy for dry AMD, receives $4MM Grant from California Institute for Regeneration Medicine.

Clinical Trials • Fort Lee, NJ • Post-Money Valuation

 

Invent Analytics, a company that provides an AI-driven software to help retailers profit-optimize supply chain, inventory and merchandising decisions, raises $17MM Equity Funding from LFX Venture Partners.

Analytics • Philadelphia, PA • Post-Money Valuation


Kain Capital invests in Essen Health Care, a multi-specialty healthcare delivery organization that provides accessible medical care to many of the most under-served residents.

Health Care • Bronx, NY • Deal

 

Mobile Communications of America acquires LightSpeed Technologies, a provider of Broadband Fixed Networks, IP/MPLS Routing & Optical Network communication systems.

Network Infrastructure • Wall Township, NJ • Deal

 

Tether Operations acquires Blackrock Neurotech, a brain-computer interface technology that restores function and independence to individuals with neurological disorders.

Health Care • Salt Lake City, UT • Deal

 

Vistar Media acquires ADstruc, a firm that offers traditional OOH planning and buying software.

Automation • New York, NY • Deal

 

SXNY Holdings acquires Saxony Partners, a strategic advisory services, business process optimization and technology solutions company.

Consulting • Frisco, TX • Deal

 

Simply Good Foods intends to acquire Only What You Need, a plant based health and nutrition company.

Nutrition • Fairfield, NJ • Deal

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