Nito Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

Nito General Information

Description

Developer of a social media application designed to help in video-chat with friends as three-dimensional avatars. The company's application offers to animate three-dimensional avatars with their own movements and expressions, enabling users to make messaging and social interactions more fun.

Contact Information

Website
www.nitoapp.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • New York, NY
  • United States
Primary Industry
Entertainment Software
Acquirer
Vertical(s)
TMT, Mobile
Corporate Office
  • New York, NY
  • United States

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Nito Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 24-Jun-2016 Completed Generating Revenue
2. Seed Round 01-Mar-2015 Completed Generating Revenue
1. Seed Round 01-Sep-2013 $600K $600K Completed Startup
To view Nito’s complete valuation and funding history, request access »

Nito Former Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds
Levo Capital Venture Capital Minority
New York Angels Angel Group Minority
To view Nito’s complete investors history, request access »

Nito FAQs

  • When was Nito founded?

    Nito was founded in 2013.

  • Where is Nito headquartered?

    Nito is headquartered in New York, NY.

  • What industry is Nito in?

    Nito’s primary industry is Entertainment Software.

  • Is Nito a private or public company?

    Nito is a Private company.

  • What is Nito’s current revenue?

    The current revenue for Nito is .

  • How much funding has Nito raised over time?

    Nito has raised $850K.

  • Who are Nito’s investors?

    Levo Capital and New York Angels have invested in Nito.

  • When was Nito acquired?

    Nito was acquired on 24-Jun-2016.

  • Who acquired Nito?

    Nito was acquired by Yahoo.

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