Slyce buys Israel's venture-backed Pounce app for $5 mln

Calgary and Toronto-based visual search technology company Slyce (TSX-V: SLC) said Tuesday that it has acquired BuyCode Inc for a total consideration of US$5 million in shares, cash and earn-out incentives. Based in Tel Aviv, Israel, BuyCode is the developer of the Pounce mobile commerce app and platform, which was backed by Entrée Capital, Gigi Levy-Weiss and Plus Ventures. Update: Slyce, which has also been backed by venture capital investors, recently completed a going public transaction.

16 September 2014•5 mins read
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