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
Primary Industry
Entertainment Software
Acquirer
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 00000 Completed Generating Revenue
2. Seed Round 01-Mar-2015 00000 00000 Completed Generating Revenue
1. Seed Round 01-Sep-2013 $600K $600K 00.00 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 Contact Info
Levo Capital Venture Capital Minority 000 0000 000000 0
New York Angels Angel Group Minority 000 0000 000000 0
To view Nito’s complete investors history, request access »

Nito FAQs

  • When was Nito founded?

    Nito was founded in 2013.

  • Who is the founder of Nito?

    Hoyt Morgan and Obi Onyejekwe are the founders of Nito.

  • 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 00000.

  • 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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