Yahoo! Acquires Tomfoolery for Undisclosed Sum

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=46f7ebfb-bae0-478d-9cb9-e69903c3b5ac
Date
1/28/2014
Company Name
Tomfoolery
Mailing Address
Undisclosed San Fancisco, CA 94102
Company Description
We believe great work starts with a great team, and great teams start with shared culture. We believe smart phones are the stone that David will use to bring down the Goliath of traditional enterprise software. We believe all work is personal. Tomorrow can’t come soon enough.
Website
http://www.tomfoolery.com
Transaction Type
M&A
Transaction Amount
Undisclosed
Transaction Round
Proceeds Purposes
M&A Terms
Financial terms of the transaction were not disclosed, however the Wall Street Journal indicated that sources close to the transaction put the price at $16 million.