Category: Fundings & Exits

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July 15, 2019

Blackstone is acquiring mobile ad company Vungle

Private equity firm Blackstone just announced that it has reached an agreement to acquire mobile advertising company Vungle. The companies aren’t disclosing the financial terms, but as part of the transaction, Vungle has also reached a settlement with founder Zain Jaffer, who filed a wrongful...


by Anthony Ha in Artificial Intelligence
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July 9, 2019

AppLovin acquires SafeDK to improve brand safety

Mobile marketing company AppLovin is announcing that it has acquired SafeDK. While AppLovin started out as a mobile ad business, it now bills itself as “a comprehensive mobile gaming platform,” offering tools for game developers around user acquisition, monetization, analytics and (through Lion Studios, launched...


by Anthony Ha in Advertising Tech
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July 1, 2019

Calm raises $27M to McConaughey you to sleep

Meditation app unicorn Calm wants you to doze off to the dulcet tones of actor Matthew McConaughey’s southern drawl or writer Stephen Fry’s English accent. Calm’s Sleep Stories feature that launched last year is a hit, with more than 150 million listens from its 2...


by Josh Constine in Apps
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June 26, 2019

300M-user meme site Imgur raises $20M from Coil to pay creators

Meme creators have never gotten their fair share. Remixed and reshared across the web, their jokes prop up social networks like Instagram and Twitter that pay back none of their ad revenue to artists and comedians. But 300 million monthly user meme and storytelling app...


by Josh Constine in alan schaaf
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May 23, 2019

Future launches $150/mo exercise app where real coaches nag you

The only way to beat laziness is with guilt, and so that’s what Future sells. It assigns you an actual human trainer who builds personalized workout plans and message you throughout the day to make sure you’re doing them. It even gives you an Apple...


by Josh Constine in Apps
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May 22, 2019

Nectar’s sonar bottle caps could save $50B in stolen booze

Bars lose 20 percent of their alcohol to overpours and “free” drinks for friends. That amounts to $50 billion per year in booze that mysteriously disappears, making life tough for every pub and restaurant. Nectar wants to solve that mystery with its ultrasound depth sensing...


by Josh Constine in alcohol
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May 22, 2019

KaiOS raises $50M, hits 100M handsets powered by its feature phone OS

While Android and iOS have locked up the market for smartphone operating systems, a feature phone platform that has the distinction of being the world’s third biggest mobile OS is announcing a hefty round of funding to continue its expansion. KaiOS, which makes the OS...


by Ingrid Lunden in cathay innovation
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May 13, 2019

ServiceNow acqui-hires mobile analytics startup Appsee

In a carefully framed deal, ServiceNow announced this morning that it has acquired the intellectual property and key personnel of mobile analytics company Appsee for an undisclosed price. Under the terms of the deal, the co-founders and R&D team will be joining ServiceNow after the...


by Ron Miller in appsee
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May 7, 2019

Journey launches its real-time group “Peloton For Meditation”

Sitting silently with your eyes closed isn’t fun but it’s good for you…so you probably don’t meditate as often as you’d like. In that sense it’s quite similar to exercise. But people do show up when prodded by the urgency and peer pressure of scheduled...


by Josh Constine in Apps
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May 1, 2019

Sean Parker’s Brigade/Causes acquired by govtech app Countable

Causes grew to a jaw-dropping 200 million users as one of the first 10 Facebook platform apps. Started by Facebook co-founder Sean Parker, it was meant to turn a generation into activists and philanthropists. Causes acquired Votizen to augment shallow clicktivism with a way to...


by Josh Constine in Apps