Prezi buys data visualization company Infogram for its first acquisition

Venture-backed Prezi, a provider of a visual presentation platform, announced its first acquisition with the purchase of Infogram, a data visualization company from Latvia. Financial terms were not disclosed. San Francisco-based Prezi, founded in 2009, has raised more than $70 million to date from Accel Partners, Spectrum Equity, TED Conferences and Sunstone Capital. Infogram is also VC-backed, having raised more than $1.8 million in capital from Point Nine Capital, Connect Ventures and HackFwd GmbH, according to Thomson Reuters.

Source: Press release