Market Insights

Platforms with Global Footprints: Friday Dealbook

11/20/2020

David Chang

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News of the week: Notably, noyb announced that it filed two new complaints against Apple – which continues a months long saga that has the tech giant embroiled with martech and adtech providers over competing concerns around user privacy and ad delivery effectiveness. 

On that note (and offering more food for thought), this week’s deals are all about creating grab bags of tools developers and enterprises alike can utilize to holistically understand their customers and consequently be able to capture a digital view of their customers, whether by identity resolution — notably highlighted this week by Experian’s acquisition of Tapad (and by Zeotap) — for the enterprise, by identity verification (Mati), or by enabling and furthering financial service use cases (Railsbank).

OWI Focus

Top Deals This Week

Railsbank
railsbank.com
2016

Developer of global banking platform, enabling banks, businesses, and brands to prototype, build and scale any financial use-case. The company's platform simplifies onboarding services, as well as offers, access to services such as creating digital ledgers, connecting digital ledgers to real bank accounts, receiving money, sending money, converting money (FX), issuing cards, and managing credit via the API, enabling banks and corporate customers to transact digitally and in a compliant way.

 

The company raised $37 million of venture funding in a deal co-led by MiddleGame Ventures and Ventura Capital on November 12, 2020. Mitsui Fudosan, alongside 5 other investors also participated in the round. The funding will be used to continue to expand the company's global footprint, further strengthen its core product proposition, and launch Credit Cards as a Service.

Zeotap
zeotap.com
2014

Developer of a customer intelligence platform designed to help companies better understand their customers and predict behaviors. The company's platform meets the GDPR enterprise data privacy and security standards and incorporates independent, integrated modules including customer data unification, identity resolution, enrichment, analytics/modeling, and activation to multiple partners in the marketing ecosystem, enabling brands to build on a nucleus of first-party data to win new customers and grow their loyal base and invest in more meaningful experiences.

 

The company raised $60.5 million of Series C venture funding from Singtel Innov8, MathCapital, and York IE on November 16, 2020. Flight Ventures, SignalFire, Coelius Capital, Coparion, NeueCapital Partners, Capnamic Ventures, Iris Capital, New Science Ventures, IONIQ, Kathaka, Trailview Partners, and European Investment Bank also participated in the round. The funds will be used to further invest in its customer data platform (CDP) and ID+ universal marketing identity products as well as accelerate the adoption of its platform across its 14 active markets.

Mati
getmati.com
2016

Developer of an identity verification platform intended to transform anonymous strangers into trustworthy individuals online. The company's platform provides a suite of identity verification tools built on regional data sources and consolidated on a global scale from local government checks to global watchlists, enabling businesses with the digital identity tools they need to provide better trust-based services to more people.

 

The company raised $13.5 million of Series A venture funding in a deal led by Tribe Capital on November 17, 2020. Spero Ventures, Amaranthine, Aglaé Ventures, Operator Partners, Index Ventures, Jerry Murdock, William Hockey, and Sima Gandhi also participated in the round. The funds will be used to solidify Latin American presence, fuel global expansion, and accelerate growth.

Tapad
tapad.com
2010

Provider of cross-platform advertising services for advertisers, agencies, and trading desks in New York, New York. The company's technology allows advertisers to view analytics of media consumption on smartphones, tablets, and home computers, provides cross-device data, digital linking, and distribution capabilities to clients. 

 

The company, a subsidiary of Telenor Group (OTCMKTS: TELNY), was acquired by Experian (LON: EXPN) for $280 million on November 19, 2020. The acquisition will enhance Experian’s digital offerings for advertisers, agencies and publishers and particularly for Advanced Television, positioning Experian to take advantage of expansion in the market for digital-data advertising.

Spotlight

Investor Highlights

Global Brain
http://globalbrains.com
1998

Founded in 1998, Global Brain is a venture capital firm based in Tokyo, Japan. The firm specializes in seed, early, and later stage investments. The firm seeks to invest in companies operating the e-commerce, software, game, disruptive technology, education, entertainment and fintech sectors.

 

Active Portfolio - 187

Investments (TTM) - 48

Med. Round Amount - $5.72M

Med. Valuation - $38.55M

# of Exits - 60

 

Railsban

RealEyes

Secret Double Octopus

SiteAware

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