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The Milanese startup Bending Spoons closes a 200 million round and buys an American company

Jan 27, 2024over 1 year ago

Amount Raised

$200 Million

MilanInformation Technology

Investors

TipNb RenaissanceCox EnterprisesBaillie GiffordDurable Capital

Description

Bending Spoons announced a 200 million dollar funding round, with participation from current partners and Californian venture fund Durable Capital, along with other investors including Baillie Gifford, US Cox family, NB Renaissance, and Tip. The company also made two acquisitions, one of Mosaic Group and the other of Meetup, the social network with 60 million members. Bending Spoons CEO Luca Ferrari also mentioned plans for the company's future.

Company Information

Company

Bending Spoons

Location

Via Nino Bonnet 10

Milan, Lombardy, Italy

About

Bending Spoons has served a billion people across the globe through its suite of digital technology businesses, including Brightcove, Evernote, Meetup, Remini, StreamYard, and WeTransfer. Its products are currently used by more than 300 million people each month.

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Funding Insights

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