News

Global Digital Services Industry Update | Q4 2021

EUROPE | USA | February 9th, 2022 – Drake Star Global Digital Services team is pleased to present Q4 2021 Digital Services Report. The Digital Services landscape has seen strong growth momentum throughout 2021 as the world continues down the path of digitization. COVID-19 exposed supply chain vulnerabilities and operational flaws across sectors, leading to increased investment in IT resiliency and business intelligence. Q4 2021 has seen an uptick in Digital Services transactions with 380+ M&A deals and $45bn+ disclosed and 350+ fundraises with $8bn+ disclosed, including:

  • Gilde Buy Out Partners became a new shareholder of ]init[ as part of a majority recapitalisation
  • Cisco completed the Epsagon acquisition, a US-based, modern observability vendor for $500m
  • Projekt202 acquired Roam for $31m
  • DriveWealth raised $735m through a combination of Series D1, and Series D2 venture funding
  • Orca Security secured a $550m extension to the Series C venture led by Temasek
  • Kao Data raised $171m from Infratil in its 5th funding round

 

Drake Star Global Digital Services Team:

Ralf Philipp Hofmann, Christophe Morvan, Jeff Baker, Gaby Silvestris

 

Inquiries

For further inquiries, please contact:

 

Ralf Philipp Hofmann

Managing Partner & Co-Founder | Drake Star

e-mail: ralf.hofmann@drakestar.com

 

Christophe Morvan

Managing Partner | Drake Star

e-mail: christophe.morvan@drakestar.com

 

Gaby Silvestris

Partner | Drake Star

e-mail: gaby.silvestris@drakestar.com

Inquiries

For further inquiries, please contact:

Full
Biography
Ralf Philipp Hofmann

Managing Partner, Member of the Executive Committee

Software/SaaS

Digital Services

Munich

Full
Biography
Christophe Morvan

Managing Partner

FinTech

Software/SaaS

Digital Services

Paris

Full
Biography
Gaby Silvestris

Partner

Software/SaaS

Digital Services

London

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