Week In Review - Startup World #37 - 03.01.2021

MarkeTech Group
News
January 3, 2021

Amazon has decided to acquire a podcast producing startup

Unofficial voices have claimed that the purchase deal of Wondery by the giant is valued at the amount of $300M. The company was founded in 2016 and is known for its cinematic sound design, in the production process of podcasts usually characterized by plots and narratives. The goal of the acquisition is to accelerate the growth of Amazon’s public offerings’ e-commerce. 

The Israeli startup aspires to make an IPO in 2021

SimilarWeb, a Web Analytics startup, is planning - according to reports - an Initial Public Offering with the valuation of $2B in the second quarter of 2021. More than half of Fortune 100 are customers of the company, which develops tools for monitoring and researching information about websites, and provides an Analytics platform that enables users to know how much traffic an app or a website gets.

50% growth in revenue, and buying out investors - the company which is ending the year with a smile

The Seattle-based gaming-development startup FlowPlay triumphs 2020 - amid pandemic, the company enjoyed a 50% growth in revenue during the year, which has resulted in buying out investors. Now, the company is owned by the Founders and employees only. FlowPlay is 14 years old, and its growth indicates a much bigger picture - the growth of the gaming market during the Covid-19 crisis.

MarkeTech Group

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We create events, podcasts, Vlogs, and articles based on our global communities in local languages to support cloud computing adoption, educating the younger generation, and accelerating the digital transformation.‍

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