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With $200M+ Investment Led By Psg, Backlight Announces Company Launch And Five Media Tech Acquisitions
Acquiring Company
Backlight
Acquired Company
Media Tech
Description
Backlight, a media technology company, today announced its company launch and the strategic acquisitions of five innovative and fast-growing media software businesses: ftrack, iconik, Celtx, Wildmoka, and Zype. Backed by a $200M+ investment led by PSG, a leading growth equity firm partnering with middle-market software and technology-enabled services companies to help accelerate their growth, Backlight’s mission is to serve media, entertainment, and video-forward customers with cloud-based solutions that dramatically improve every step of the media content lifecycle. The investment also intends to support Backlight’s pursuit of additional add-on acquisitions of technology platforms that serve the media content lifecycle.
Fundz sees it the moment Backlight makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Media Tech?
Media Tech was acquired by Backlight, based in Boston. The deal was reported on April 12, 2022. Backlight is privately held and operates in Software.
When did Backlight acquire Media Tech?
Backlight's acquisition of Media Tech was reported on April 12, 2022. Backlight, a media technology company, today announced its company launch and the strategic acquisitions of five innovative and fast-growing media software businesses: ftrack, iconik, Celtx, Wildmoka, and Zype. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Media Tech do?
Looking for a Creative Arts School? MediaTech Institute’s programs are crafted to give you REAL INDUSTRY PRODUCTION EXPERIENCE. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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