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.
Quick answer
Backlight is acquiring Media Tech for $200 million, announced April 12, 2022. Backlight is based in Boston, Massachusetts, United States.
- How much did Backlight pay for Media Tech?
- The reported deal value is $200 million.
- What does Backlight do?
- Backlight is a global media technology company that is dramatically improving every stage of the video and entertainment content lifecycle—from creation through monetization—with its award-winning, cloud-native SaaS..
- Where are Backlight and Media Tech based?
- Backlight is based in Boston, Massachusetts, United States.
- Who are the decision-makers at Backlight?
- Fundz holds 1 contact at Backlight. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Backlight, and when
When Backlight changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Backlight raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Backlight, from your own LinkedIn network
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Related People
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?
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