-

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

MILAN--(BUSINESS WIRE)--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. The new capital will help support new acquisitions.

Allen & Company LLC acted as the financial adviser and Clifford Chance as the legal adviser to Bending Spoons on the transaction.

About Bending Spoons

Bending Spoons was founded in 2013 and is based in Milan, Italy. The company has served over half a billion people across the globe through its suite of digital technology products, including Evernote, Meetup, Remini, and Splice.

Contacts

For inquiries, please contact press@bendingspoons.com.

Industry:

Bending Spoons

Release Versions
English

Contacts

For inquiries, please contact press@bendingspoons.com.

More News From Bending Spoons

Bending Spoons Acquires komoot

MILAN--(BUSINESS WIRE)--Technology company Bending Spoons today announced that it has closed the acquisition of komoot, the Germany-based route-planning platform for adventurers and outdoor enthusiasts worldwide. Markus Hallermann, komoot’s CEO and co-founder, said of the acquisition: “For 17 years, we have been on a mission to make outdoor adventures accessible to all. From humble beginnings in our student rooms, we’ve built komoot from the ground up and grown it to 45 million users, making it...

Bending Spoons Acquires WeTransfer

MILAN--(BUSINESS WIRE)--Technology company Bending Spoons today announced that it has closed the acquisition of WeTransfer, the beloved brand and Dutch-founded digital file-sharing and collaboration platform. WeTransfer CEO, Alexandar Vassilev, said of the acquisition: “Over the last decade, WeTransfer has grown from a beautifully simple file-sharing tool into a highly profitable and impactful platform trusted by millions of creative professionals and creators. In the last few years, the busine...

Digital Publishing Platform Issuu Acquired by Bending Spoons

MILAN--(BUSINESS WIRE)--Technology company Bending Spoons today announced that it has closed the acquisition of Issuu, the renowned digital publishing platform. Issuu CEO, Joe Hyrkin, said of the acquisition: “Issuu has become the leading digital publishing platform, with more than one million creators and marketers using the platform annually and 100 million unique users per month consuming Issuu-processed content. Issuu has become the de facto standard for any company or publisher that wants...
Back to Newsroom