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Announced

Completed

SoftBank led a $100m Series B funding round in mmhmm.

Financials

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Transaction Value£72m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Private

Minority

Private Equity

Friendly

Software

video presentations

Cross Border

Completed

United States

Acquisition

Synopsis

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SoftBank led a $100m Series B funding round in mmhmm, a souped-up video communications service. The round had participation from investors Sequoia Capital, Mubadala Capital, Human Capital, World Innovation Lab and others. “Video has always been the most expressive way to communicate, but it hasn’t been the easiest. The growth of video communications tech is poised to create the foundation for a generation of new businesses," Phil Libin, mmhmm CEO.

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