SpotOn raises $300M at a $3.15B valuation and acquires Appetize
TechCrunch LA
SEPTEMBER 13, 2021
Advisors Douglas Merritt, CEO of Splunk, and Mike Scarpelli, CFO of Snowflake, also made individual investments as angels. SpotOn is paying $415 million in cash and stock for the Los Angeles-based company. SpotOn will now have over 500 employees on its product and technology team, according to co-founder and co-CEO Zach Hyman.
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