Socialbakers, one of the largest Czech tech exits

Published: 28.09.2020 Related countries:  U.S.A. U.S.A.

Socialbakers, one of the largest Czech tech exits

Czech-born Socialbakers has been acquired by Astute, a customer engagement platform headquartered in Columbus, Ohio. Socialbakers was one of the last independent players from the first wave of social analytics. Founded in 2008 and based in Prague, the company raised a total of $34 million in funding, according to Crunchbase, from investors including Earlybird Venture Capital and Index Ventures. And it’s used by more than 2,500 brands globally. The financial terms of the acquisition were not disclosed.

Source: https://www.czechcrunch.cz/2020/09/socialbakers-si-pripisuji-jeden-z-nejvetsich-ceskych-exitu-za-miliardy-korun-miri-do-americkych-rukou/

Prepared by the team of foreign office CzechTrade San Francisco