Last updated May 15th 2017
May 9, 2017 | Canadian business-to-business multiplatform music provider Stingray Digital Group Inc. has acquired Israel-based Yokee Music Ltd. for an undisclosed amount. Yokee is the provider of three social music apps regularly ranked in the music category’s top 10 in 100 countries: Yokee, Yokee Guitar, and Yokee Piano. Together, the apps have reached over 80 million downloads in four years and have gained 4 million monthly users, with over 50% year-over-year growth. Although no financial details about the deal were disclosed, according to estimates the acquisition was for tens of millions of dollars. Founded in 2013 by Gil Selka and Ariel Yaloz, Yokee has raised $1.3 million from 2B Angels and other private investors.