Pie - acquired by Snap is a social media startup founded in 2015 and based in the United States. The company specializes in an app for making 360 videos and other "touchable" videos on your iPhone. The last investment, a Seed Round, took place on 14 November 2016 and was supported by an array of investors including Graph Ventures, Colopl VR Fund, Sparkland Capital, Matter., Stage Venture Partners, and The McClatchy Company.
Pie's acquisition by Snap marks a significant milestone for the company. The acquisition reflects Pie's innovative approach to video creation and its potential for growth within the social media industry. Snap's interest in Pie's technology underscores the value of Pie's unique offerings and its potential to impact the future of video content creation.
With Snap's acquisition of Pie, it is evident that the future of video is evolving rapidly, and Pie's technology is well-aligned with this trend. The acquisition provides Pie with the resources and platform to further develop its offerings, marking an exciting new chapter for the company and its place within the social media and video creation industries.
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