///Everalbum Acquires Kitchener-Based Pout

Everalbum Acquires Kitchener-Based Pout

By |2018-05-09T15:00:08+00:00March 3rd, 2016|M&A News|

Pout, a fashion and beauty photo sharing mobile application based in Kitchener, ON has been acquired by Everalbum, an online photo storage solution for mobile devices that is based in San Francisco.

This is Everalbum’s first acquisition since it was founded in 2013.  It just raised $8 million in venture capital in a Series A round led by Khosla Ventures.

Pout was founded in 2014 and was supported by Velocity, the technology incubator run by the University of Waterloo.  The transaction took shape after Everalbum opened a Canadian office in Kitchener’s historic Tannery building, which the team from Pout will now join.

To read more about the deal, click here.