Klout Being Acquired For Over $100 Million [Report]


Klout

Klout added several new social sharing features to its site last week, and according to a report from Re/code, has reached a deal with Lithium Technologies.

Lithium Technologies specializes in social customer service, and is said to have acquired the online influence platform for “at least $100 million” in a mix of cash and private stock.

The deal has not closed yet, according to Re/code’s inside sources.

Back in September 2013, Lithium raised $50 million in new funding as part of its journey edging towards an IPO.

To date, the company has raised over $150 million, and an acquisition of Klout could prove to be a promising integration.


Mike Stenger

Lover of technology, Mike often makes jokes that nobody laughs at.

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