Digital Capital Advisors Advises Virtual Reality Platform InContext Solutions on $15.2 Million Investment Led By Intel Capital & Beringea

NEW YORK, NY – October 25, 2016 - Digital Capital Advisors, LLC ("DCA") is pleased to announce that it has served as exclusive financial advisor to InContext Solutions, a global leader in virtual reality (VR) solutions for retailers and brands, on its $15.2 million growth equity investment led by Intel Capital and Beringea. The Company has raised approximately $40 Million in financing to date. Previous investors include Plymouth Venture Partners and Hyde Park Venture Partners.
 
"Under CEO Mark Hardy's leadership, InContext Solutions has come to distinguish itself as the only SaaS platform operating at scale in enterprise VR, with marquee retail and CPG clients. Intel's expertise and global reach further accelerates InContext Solutions' momentum, as Intel can see around the corner to recognize the massive addressable market for enterprise VR and how it intersects with artificial intelligence, Internet of Things and new computing paradigms," said Elgin Thompson, Managing Director at DCA.
 
Recognized by CB Insights among the leaders in VR for retail, InContext Solutions provides a unique, in-depth perspective on what consumers see on the retail shelf, how this drives their purchase behavior and why it moves them to take action. With the power of ShopperMX - the world's first cloud-based virtual store simulation and shopper insights platform - InContext Solutions' clients can ideate new in-store concepts, evaluate with actual shoppers and activate those concepts in market.
 
"This latest round of funding gives us strong strategic backers who share our vision of even more robust, fully-immersive virtual reality solutions for retail," said Mark Hardy, CEO of InContext Solutions. "We have long been a leader in web-based VR, and this investment allows us to aggressively develop our VR platform, further lowering costs and improving speed and revenue for our clients." 
 
The convergence of ShopperMX software with Intel's technology will result in solutions that support the retail space and its evolving needs. This includes creating optimal shopping experiences that reduce risk and improve the bottom line as well as significantly minimizing the cost and time associated with the retail innovation cycle.
 
"Intel believes virtual reality has great potential to disrupt retail and manufacturing, and InContext's platform has demonstrated the value VR and merged reality can provide to those industries," said Joe D. Jensen, Vice President of the Internet of Things Group and General Manager of the Retail Solutions division at Intel Corp. "We're pleased to enter this relationship to bring best-in-class VR to market."
In connection with the transaction, Patrick Walsh, Director at Intel Capital will join the InContext Solutions' Board of Directors.
 
Further inquiries should be directed to Elgin Thompson, Managing Director at Digital Capital Advisors (elgin@digitalcapitaladvisors.com).

Digital Capital Advisors Announces New Hire and Promotion of Team Member

Dan Buckman Joins DCA as Senior Associate, and Charlie Wheatley is Promoted to Associate

NEW YORK, NY, October 18, 2016 - Digital Capital Advisors ("DCA") is pleased to announce the hiring of Dan Buckman as Senior Associate and the promotion of Charlie Wheatley to Associate. Dan will be based in the firm's New York City headquarters and further expand its cross-border TMT transaction capabilities.

"We are delighted to have Dan and Charlie join our team," said Jay MacDonald, CEO and Managing Partner of DCA. "Dan's depth of experience and knowledge in both TMT and entrepreneurship aligns seamlessly with our unique focus and approach. Charlie's multi-disciplinary background and keen interest in digital media is an invigorating addition to the firm's endeavors, and the combination of these new hires will offer unparalleled perspective to both the team and our clients."

Dan has spent the past eight years working almost exclusively as an advisor to, or operator within, the technology space. He began his career as a fee-based product analyst with BB&T, before joining the investment banking division of Piper Jaffray. Since then, Dan has advised a wide range of digital media and diversified technology companies on capital raising and M&A activities with Signal Hill and Mooreland Partners. Immediately prior to joining DCA, Dan served as COO of CLIQUED.tv, a social and digital signage solution for retail businesses, where he headed the company’s strategic, financial, and operational functions. Dan holds a B.A. in History and Economics from the University of Virginia and an M.B.A. from the Darden School, University of Virginia.

Charlie has over four years of investment banking experience. Prior to joining DCA, Charlie was an analyst at Wells Fargo Securities where he executed a wide variety of advisory assignments and capital markets transactions for mid and large cap companies across the Industrials sector. Charlie was previously also an analyst at Founders Investment Banking, a boutique M&A firm focused on a multitude of sectors. Charlie holds a dual B.S. in Finance and Economics from the University of Alabama.

About Digital Capital Advisors 

Digital Capital Advisors is the premier global investment bank dedicated to serving innovative digital media and technology companies through sell-side and buy-side M&A as well as equity and debt private placements. DCA's global perspective is fostered by the unique composition of its team - CEOs, entrepreneurs, venture capitalists, and world-class investment bankers who have helped shape the technology landscape, completing throughout their careers more than 100 transactions with a total deal value of over $75 billion. With offices in NY and Berlin, DCA specializes in cross-border transactions and has unlocked maximum value for clients on deals spanning twenty countries around the world. Its unparalleled operational DNA, global reach, and exclusive focus in the digital ecosystem further enhance its expertise and unify DCA's professionals with their clients.

Digital Capital Advisors Advises ReviMedia in their $12.5MM Raise from NewSpring Growth Capital

NEW YORK, NY – August 15, 2016 - Digital Capital Advisors, LLC ("DCA") is pleased to announce it has served as exclusive financial advisor to ReviMedia (“The Company”), a market leader in online lead generation, on its $12.5MM raise from NewSpring Growth Capital (“NewSpring”).

Founded in 2010 by Frans van Hulle and Bas Offers, ReviMedia provides clients with high-quality and transparent leads across a number of industry verticals. More recently, the Company began offering a powerful lead exchange platform, PX, to market participants. This proprietary technology platform was built with the needs of today’s lead buyers and sellers in mind, placing emphasis on automation and user-friendly experience. ReviMedia’s lead generation solutions and PX platform provide sophisticated lead scoring and verification technologies, enabling customers to enhance the performance of their sales organization and increase revenue through improved lead conversion. For more information on the Company and its solutions, please visit www.revimedia.com and www.px.com.

NewSpring’s General Partner Glenn Rieger remarked: “The lead generation industry has experienced a rapid evolution over the past several years and ReviMedia has been at the forefront of this dramatic shift. The experienced management team recognized industry trends early on and built the Company to capitalize on the fast-changing requirements of the market.  We are excited to partner with ReviMedia and look forward to continued growth and value-creation.”

As part of the transaction, Glenn Rieger will join ReviMedia’s Board of Directors.   

“Having been bootstrapped since inception, we were not only looking for capital, but, more importantly, for the right partner to help us bring ReviMedia to the next level and sustain our growth,” said Frans van Hulle, CEO of ReviMedia. “We are looking forward to working with NewSpring and excited about having a strong business partner on board.”

ReviMedia plans to use the proceeds to expand its sales and marketing organization, support international expansion, and continue development of the Company’s PX technology platform. The Company is headquartered in New York, NY with offices in The Netherlands, Ukraine and Panama.

“Digital Capital Advisors is proud to have advised ReviMedia on this successful capital raise from NewSpring Growth Capital. The Company’s sophisticated lead generation and exchange capabilities has made it one of the fastest growing participants in the space, and the new partnership will reinforce its ability to deliver clients the latest technology that improves transparency and accountability in the rapidly changing lead generation industry,” commented Brandon Quartararo, Director at Digital Capital Advisors.

For further information, please contact Brandon Quartararo, Director at Digital Capital Advisors, at bq@digitalcapitaladvisors.com

Digital Capital Advisors Announces Sale of Collective Europe Limited to Time Inc. UK

NEW YORK, NY – July 12, 2016 - Digital Capital Advisors, LLC ("DCA") is pleased to announce it has served as exclusive financial advisor to Collective (“The Company”), a New York-based advertising technology company, in the sale of its UK creative and media division, Collective Europe Limited (“Collective UK”), to Time Inc. UK.

Founded in 2005, the Company provides multi-screen advertising solutions which help brands connect with their audiences. In an effort to fuel global growth for the Company, Collective has focused on its new advertising hub technology division called Visto, and sought a strategic acquirer for its UK creative and media division.

Joe Apprendi, CEO of Collective, remarked: “Time Inc. UK stood out for us for a number of reasons including: their world renowned multiplatform, multimedia content, their roster of blue chip clients as well as their desire to continue to invest in Collective UK as a standalone business. The sale proceeds will provide continued investment in our Visto business which will in turn help differentiate and support even greater performance of our US ad network business.”

Time Inc. UK is Britain’s leading publisher of print and digital magazine content. With more than 50 brands, Time Inc. UK creates content for multiple platforms across print, online, mobile, tablets and experiences.

“We are delighted that Collective UK will now be part of Time Inc. UK. Their ability to deliver market-leading premium creative solutions for brands at scale further strengthens our market-leading proposition. We look forward to integrating Collective UK’s offering with the unique brands, content and data we have at our disposal to create an irresistible opportunity for clients,” said Sam Finlay, chief revenue officer of Time Inc. UK.

Collective UK will continue to operate from its current offices in London under the Collective UK name. Time Inc. UK acquired the UK business of Collective for an undisclosed sum.

DCA's CEO & Managing Partner Jay MacDonald commented, “Digital Capital Advisors is proud to have advised Collective and their shareholders on the successful sale of its UK business to Time Inc. UK. The transaction brings together one of Europe’s greatest content producers with a growing and differentiated advertising platform, strengthening both parties’ abilities to deliver results for clients. Time Inc. UK’s unique data, content, and global reach will reinforce Collective UK's ability to provide differentiated brand solutions at scale.”

For further information, please contact Jay MacDonald, DCA’s CEO and Managing Partner, at jay@digitalcapitaladvisors.com

Digital Capital Advisors Advises Technology Crossover Ventures in $49MM Funding of Online Eyewear Marketplace

NEW YORK – July 7, 2016 - Digital Capital Advisors, LLC ("DCA") is pleased to announce that their European partner, Digital Capital Advisors Europe (“DCA Europe”) has served as exclusive financial advisor to Technology Crossover Ventures on its €45MM ($49MM) investment in Brillen.de, a multi-channel prescription eyewear provider in Germany.

The transaction represents Technology Crossover Ventures’ first investment in a Berlin-based company and this year's largest VC financing in a German consumer internet company.
 
Brillen.de built an online marketplace to sell its original eyewear and help independent opticians find new customers. Having started as the first hybrid-model optician retailer in Germany, Brillen.de now partners with over 700 independent opticians, making it the premier multi-channel retailer for eyewear. In addition to offering opticians a new distribution channel, the Company gives customers the opportunity to acquire high-quality products at competitive prices while benefitting from excellent customer service.
 
Based in Silicon Valley and with offices in New York and London, TCV is a leading provider of growth-stage financing for public and private companies in the technology industry. Having invested more than $9BN in over 200 technology leaders, TCV’s portfolio companies include Facebook, Spotify, Netflix, Expedia, and Dollar Shave Club.
 
Matthias Kamppeter, CEO of Brillen.de: “It’s clear an investment from TCV goes far beyond an influx of capital. They are committed to helping us strengthen our financial structure, improve our sales and marketing processes and build out our technology team.”
 
John Doran, Principal at TCV: “At TCV, we invest in technology-driven businesses with sustainable business models that are focused on disrupting large industries and Brillen.de very much fits that mold.”

This deal follows a number of other successful transactions with DCA Europe as the exclusive financial advisor, such as the sale of smartclip, BodyChange, stylefruits, DailyDeal, and ContentFleet.

For further information, please contact Jay MacDonald, DCA’s CEO and Managing Partner, at jay@digitalcapitaladvisors.com