Monday, November 24, 2014

Yahoo Buys Cooliris

Yahoo said last week that it has acquired Cooliris, a developer of visual messaging and other mobile apps. Financial terms of the buy were not disclosed. Cooliris was venture backed by Kleiner Perkins Caufield & Byers, DAG Ventures, The Westly Group, and Deutsche Telekom, and had raised around $25.6M in funding.