The company reached a definitive agreement to be acquired by Oracle (NYS: ORCL) for an undisclosed amount on October 16, 2018. Previously the company raised $12.11 million of Series C venture funding in a deal led by Mitsui Global Investments on January 6, 2015, putting the pre-money valuation at $48.88 million. Dolby Family Ventures, Aberdare Ventures, Qualcomm Ventures, West Health Investment Fund and EDB Investments also participated in the round.
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