| Mobile Web

Miro sold for $1.36 billion after once being valued at more than $17.5 billion

Italy\'s software company Bending Spoons will buy collaboration tool Miro for $1.36 billion in cash, TechCrunch reported. The price is a steep discount from Miro’s valuation of more than $17.5 billion in late 2021. Miro grew rapidly during the COVID-19 pandemic and expanded integrations and partnerships. It has more than 4 million paid users and more than 100 million total users, with about $600 million in annual recurring revenue.