Tuesday, January 26, 2021

Clash Acquires Byte App, Finds New Funding

Los Angeles-based Clash, a startup that focuses on helping creators with monetization tools, said this morning that it has received a new funding round, and acquired the short-form video app Byte. Size of the funding was not announced . According to the company, the funding round was led by Seven Seven Six, the new fund created by Alexis Ohanian, who is best known for founding Reddit. The company said it also received funding from M13 Ventures and Plug and Play. Clash did not say how much it paid for Byte, which it says was the most downloaded app in the App Store last summer. Byte was created by Vine founder Dom Hoffman, who Clash said will continue in "an advisory role."