Apple Acquires Swell for $30,000,000

  • Feed Type
  • Date
    7/28/2014
  • Company Name
    Swell
  • Mailing Address
    480 S. California Ave. Palo Alto, CA 94306 USA
  • Company Description
    Swell is powered by an advanced algorithm that delivers content in a lean back format designed with a simple goal: serve content that you want to listen to right now.
  • Website
    http://www.swell.am
  • Transaction Type
    M&A
  • Transaction Amount
    $30,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The purchase price for the two-year-old startup was around $30 million, the person said. Concept.io had a $19 million valuation last July when it closed its Series A funding round, VentureWire reported.

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