Monday, August 15, 2016

140 Proof Acquired By AcuityAds

San Francisco-based 140 Proof, a developer of mobile ad targeting tools, was acquired by AcuityAds, the companies said last week. The deal was worth $20M, split between cash and earn out. 140 Proof had been venture backed by Bluerun Ventures, Founders Fund, and SV Angel, and was led by Jon Elvekrog. AcuityAds is based in Toronto.