Bending Spoons

Bending Spoons to Acquire StreamYard, Leader in Live-Streaming and Video-Recording Solutions

Retrieved on: 
Tuesday, April 9, 2024

Technology company Bending Spoons today confirmed it has agreed to acquire StreamYard Top Corp (also known as Hopin), which owns and operates the products StreamYard, Streamable, and Superwave.

Key Points: 
  • Technology company Bending Spoons today confirmed it has agreed to acquire StreamYard Top Corp (also known as Hopin), which owns and operates the products StreamYard, Streamable, and Superwave.
  • With millions of users worldwide, StreamYard has powered the live-streaming and recording of more than 60 million videos to date.
  • “We admire what the StreamYard team has built and look forward to leveraging our know-how and technologies to help its solutions reach new heights going forward,” said Bending Spoons co-founder and CEO, Luca Ferrari.
  • For the acquisition, Bending Spoons was assisted on legal matters by Willkie Farr & Gallagher, and with its financial and tax due diligence by KPMG.

Bending Spoons Dedicates €8.5 Million to New Milan Headquarters and Seeks Acquisitions

Retrieved on: 
Tuesday, February 27, 2024

Today, Italian technology company Bending Spoons officially opened its new headquarters in Milan, in the Porta Nuova district.

Key Points: 
  • Today, Italian technology company Bending Spoons officially opened its new headquarters in Milan, in the Porta Nuova district.
  • The new Bending Spoons HQ spans three floors of a modern building developed and managed by COIMA.
  • The round injected $155 million of equity and valued Bending Spoons at approximately $2.55 billion post-money.
  • For photos and video footage of the new Bending Spoons HQ, contact [email protected] stating your publication.

Bending Spoons Closes a New Equity Financing Round, Raising $155 Million at a $2.55 Billion Post-money Valuation

Retrieved on: 
Thursday, February 15, 2024

Bending Spoons closes a new equity financing round.

Key Points: 
  • Bending Spoons closes a new equity financing round.
  • Durable Capital Partners LP joins existing investors Baillie Gifford, Cox Enterprises, NB Renaissance, NUO Capital, and StarTIP (controlled by Tamburi Investment Partners) in participating in the round.
  • The round injects $155 million of equity and values Bending Spoons at approximately $2.55 billion post-money.
  • Allen & Company LLC acted as the financial adviser and Clifford Chance as the legal adviser to Bending Spoons on the transaction.

Bending Spoons finalizes acquisition of U.S.-based community-building platform, Meetup, and announces $50,000 Community Fund

Retrieved on: 
Wednesday, January 24, 2024

Today, Italian technology company Bending Spoons announced the completion of its acquisition of the renowned US-based community-building platform, Meetup.

Key Points: 
  • Today, Italian technology company Bending Spoons announced the completion of its acquisition of the renowned US-based community-building platform, Meetup.
  • Several products in the Bending Spoons portfolio, which includes Remini, Splice, and Evernote, are among the most popular in their segments.
  • Bending Spoons intends to leverage its powerful proprietary technologies and expertise to ensure a bright future for Meetup.
  • To mark the acquisition and further the Meetup mission, Bending Spoons has also announced the Meetup Community Fund.

Evernote's Interface Upgraded for 2024, Marking a Year of Major Progress

Retrieved on: 
Wednesday, January 17, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240117371468/en/
    Evernote's interface upgraded for 2024, marking a year of major progress (Photo: Business Wire)
    “From the outset of this project, the intention has been to create a superior experience without disrupting the habits, flows, and patterns that Evernote users rely on to accomplish their goals efficiently,” shares Federico Simionato, product lead at Evernote.
  • Aside from the new UI, Evernote has released three major new features in the past twelve months: Collaborative Editing, AI Note Cleanup, and AI-Powered Search.
  • This goal was met, with certain functions—like Evernote Web’s initial sync—becoming up to seventeen times faster following the changes.
  • Collaborative Editing, AI Note Cleanup, and AI-Powered Search are currently available for all Evernote users.

Bending Spoons Acquires Mosaic Group Digital Assets From IAC

Retrieved on: 
Wednesday, January 10, 2024

Bending Spoons announces today that it has agreed to acquire the assets of IAC mobile software subsidiary Mosaic Group for an undisclosed sum, subject to closing conditions.

Key Points: 
  • Bending Spoons announces today that it has agreed to acquire the assets of IAC mobile software subsidiary Mosaic Group for an undisclosed sum, subject to closing conditions.
  • Under the terms of the agreement, Bending Spoons will acquire Mosaic Group’s assets, including its digital product suite that contains popular mobile apps such as Clime, Robokiller, and iTranslate, as well as its intellectual property.
  • Bending Spoons CEO, Luca Ferrari, said, “We’re looking forward to welcoming the Mosaic app collection into the Bending Spoons portfolio, and are committed to making sure the products continue to be successful for years to come.”
    The transaction is expected to close in the first quarter of 2024.

Bending Spoons Welcomes New Institutional Investors

Retrieved on: 
Thursday, August 3, 2023

Bending Spoons announces a new equity investment by Baillie Gifford, Cox Enterprises, and NB Renaissance.

Key Points: 
  • Bending Spoons announces a new equity investment by Baillie Gifford, Cox Enterprises, and NB Renaissance.
  • These investors join Bending Spoons’ existing institutional investors, which include NUO Capital and StarTIP (controlled by Tamburi Investment Partners).
  • Both invested in the round.
  • The capital infusion represents the company’s first significant primary equity financing since its founding ten years ago.

Bending Spoons to Acquire Renowned Productivity App Evernote to Enhance Suite of Consumer-Facing Digital Products

Retrieved on: 
Wednesday, November 16, 2022

REDWOOD CITY, Calif., Nov. 16, 2022 /PRNewswire-PRWeb/ -- Bending Spoons, a leading European technology company based in Milan, Italy, today announced it has reached a definitive agreement to acquire Evernote, the renowned personal productivity app.

Key Points: 
  • REDWOOD CITY, Calif., Nov. 16, 2022 /PRNewswire-PRWeb/ -- Bending Spoons , a leading European technology company based in Milan, Italy, today announced it has reached a definitive agreement to acquire Evernote , the renowned personal productivity app.
  • As such, Evernote is a perfect fit for the Bending Spoons portfolio, and we're delighted to be able to serve its large and loyal customer base," said Luca Ferrari, CEO and co-founder of Bending Spoons.
  • Now, Bending Spoons intends to apply these platform technologies to the Evernote product to augment its usefulness and strengthen its reach.
  • Bending Spoons leverages its powerful in-house platform technologies to launch, acquire, and scale a diverse portfolio of digital products.

Bending Spoons Raises $340 Million in Financing as Global Demand for Mobile-First Creator Tools Soars

Retrieved on: 
Tuesday, September 27, 2022

Bending Spoons , the Italy-based technology powerhouse unlocking the creative potential of over 90 million content creators worldwide, today announced it has raised $340 million in financing from global investors.

Key Points: 
  • Bending Spoons , the Italy-based technology powerhouse unlocking the creative potential of over 90 million content creators worldwide, today announced it has raised $340 million in financing from global investors.
  • Our mission at Bending Spoons is to make an enduring positive impact on our customers, on our teammates, and on society at large.
  • Luca Ferrari, CEO and co-founder of Bending Spoons
    Bending Spoons delivers pro-grade creative capabilities through apps that are incredibly intuitive and easy to use.
  • As one of the worlds largest mobile app developers, Bending Spoons is at the forefront of building whats next for the creator economy.