Katie Roof, reporting for TechCrunch;
Remember “Bang With Friends?” The controversial app, which later rebranded as Down, was acquired by Singapore-based dating startup Paktor (they’re, um… hooking up).
The terms of the deal were not disclosed, but we’re told it was several million. After raising just $1 million, it was a “positive outcome” for investors like Tim Draper. Paktor has pulled in more than $50 million from investors, including a recent $32.5 million round in October — it is focused on Asia but also has services in Latin America, the U.S. and Europe.