Fresh off a $150 million round of funding, kids’ gaming platform Roblox is making its first acquisition. The company says it’s acquiring the small startup PacketZoom, bringing its team and technology in-house to help it improve mobile application performance as its platform expands further into worldwide markets. Founded in 2013, and based in San Mateo, California, […]
View More Roblox makes first acquisition with purchase of app performance startup PacketZoomCategory: PacketZoom
PacketZoom lands $5M Series A investment to speed up mobile apps
PacketZoom, a startup that helps app developers speed up and optimize app delivery on mobile devices, announced a $5M Series A today. The round was led by Baseline Ventures with participation from First Round Capital, Tandem Capital and Arafura Ventures. Today’s investment brings the total raised to over $9M, according to Crunchbase. The company combines a content delivery network (CDN)… Read More