Yahoo! Acquires Xobni for Undisclosed Sum

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=41ab92a6-feea-44b3-bdec-dbc31fc622f3&Preview=1
Date
7/3/2013
Company Name
Xobni
Mailing Address
539 Bryant St San Francisco, CA 94107
Company Description
We started Smartr because we realized there was an amazing opportunity to leverage our abilities in machine learning and statistical modeling to take back the email inbox for our users.
Website
http://www.xobni.com
Transaction Type
M&A
Transaction Amount
Undisclosed
Transaction Round
Proceeds Purposes
M&A Terms
Financial terms of the transaction were not disclosed by the parties, however according to AllThingsD, Yahoo paid $30 million to $40 million for the company.