VC-backed Fuse Powered acquires VC-backed Corona Labs
Mobile monetization startup Fuse Powered Inc has bought Corona Labs Inc, a cross-platform mobile development company based in Palo Alto, California. The financial terms of the acquisition were not published. Fuse Powered said the combined companies reach more than 200 million monthly active users with a platform supporting more than 10,000 mobile game and app publishers worldwide. Founded in 2009, the Toronto-based Fuse Powered is backed by Canadian venture capital firm Relay Ventures, NFQ Ventures and other investors. Corona was also venture-backed, counting among its investors U.S. venture capital firm Merus Capital.
4 November 2014•3 mins read
