Add-on Acquisition • Internet Software and Services

SendBird Acquires Roundee

On April 1, 2020, SendBird acquired internet software and services company Roundee

Acquisition Context
  • This is SendBird’s 1st transaction in the Internet Software and Services sector.
  • This is SendBird’s 1st transaction in South Korea.

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M&A Deal Summary

Date April 1, 2020
Target Roundee
Sector Internet Software and Services
Buyer(s) SendBird
Deal Type Add-on Acquisition

Target Company

Roundee

Gyuonggi-Do, South Korea
Linearhub, Inc. is a provider of an enterprise video conferencing platform designed to facilitate official video discussions and online group meetings via a virtual interface. Linearhub is based in Gyuonggi-Do, South Korea.
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Buyer Overview 1

Buyer

SendBird

San Mateo, California, United States

Category Company
Founded 2013
Sector Information Technology
DESCRIPTION

SendBird is a fully customizable chat and messaging platform with a managed infrastructure for mobile and web applications. It provides the necessary Software Development Kits (SDK) and API, front- and back-end technology so that businesses can launch a customized in-app messaging experience quickly, efficiently and at scale. SendBird was founded in 2013 and is based in San Mateo, California.


Deal Context for Buyer #
Overall 1 of 1
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 1 of 1
Country: South Korea 1 of 1
Year: 2020 1 of 1