Shaker

Online Venue for Community Meetups

Acquired (Inactive) by Playstudios on Aug 2016 - closed due to acquisition
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Company Overview

Snapshot

Founded in June 2009 by Yonatan Maor, Gad Maor, Ofer Rundstein, and Yossi Sadoun, Shaker operated with 11–50 employees. The company raised a total of $18 million across three funding rounds from seven investors. Shaker was acquired by Playstudios in August 2016.

Business overview

Shaker developed online venues designed to host various events, from live-stream music concerts to networking events and conferences, aiming to connect people in virtual spaces. The company's core technology added a layer of places to social networks, allowing users to explore different environments, chat, meet new people, and host their own meetups. Shaker operated within the social media and advertising sector, targeting consumers and media and entertainment industries.

Strategic signal

In August 2016, Shaker was acquired by Playstudios, an Israeli game studio. This acquisition signaled a strategic exit for Shaker, integrating its virtual social platform capabilities into a larger entity, likely to enhance interactive experiences within Playstudios' gaming portfolio.

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Company Intelligence Q&A

When was Shaker acquired?
Shaker was acquired by Playstudios in August 2016.
What was Shaker's total capital raised?
Shaker raised a total of $18 million across its funding rounds.
Who were the founders of Shaker?
Shaker was founded by Yonatan Maor, Gad Maor, Ofer Rundstein, and Yossi Sadoun.
Which investors participated in Shaker's October 2011 funding round?
In October 2011, Shaker received funding from AFSquare and CrunchFund, among others.
What is Shaker's primary business model?
Shaker primarily operates with a B2C (Business-to-Consumer) business model.
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