Germany-based 6Wunderkinder acquires and winds down Moped
Berlin messaging platform startup Moped announced in its website that it has been acquired by 6Wunderkinder. 6Wunderkinder, which is also based in Berlin, is also a software startup which focused on the cloud. It's primary product is called Wunderlist, a cross platform productivity application, and is being used by millions of people all over the world, according to its Crunchbase profile. It recently raised $19 million in funding this November from Sequoia Capital Partners, a venture capital firm.
VentureBeat noted that the acquisition of Moped was not a surprise, as it has been considerably quiet after it has released Moped 2.0, which is an updated version of its messaging platform. Moped 2.0 shifted the startup's focus from private message to a potential corporate communications tool for teams and small and medium-sized businesses.
Financial details of the transaction were not disclosed. However, 6Wunderkinder's acquisition was deemed strategic, as its premium service Wunderlist Pro is focused on the same market niche as with Moped with its 2.0 platform.
In a statement addressed to The Next Web, 6Wunderkinder said, "(The acquisition cements) Wunderlist as the one place to host all communications around your to-dos".
Founder Schuyler Deerman told TechCrunch that Moped's services will be winding down by December 31. All Moped users, on the other hand, will get Wunderlist Pro for one month use free. Deerman did not disclose any information further about the merger.
TechCrunch observed the trend of Berlin's startups beginning to merge in the summer this year. After taking big steps to entice a big company in the US to acquire itself, Amen decided to merge with another startup instead. Other startups, including the makers of the Toast app and Gidsy decided to either wind the business down or get absorbed by a local startup. Moped's fate was already sealed after not being able to get enough traction in the market, despite being a leader in the field of hashtags prominent on Twitter, TechCrunch said in its report.