Klout Being Acquired For Over $100 Million [Report]


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.

Kokou Adzo

Kokou Adzo is a seasoned professional with a strong background in growth strategies and editorial responsibilities. Kokou has been instrumental in driving companies' expansion and fortifying their market presence. His academic credentials underscore his expertise; having studied Communication at the Università degli Studi di Siena (Italy), he later honed his skills in growth hacking at the Growth Tribe Academy (Amsterdam).


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