YCD Multimedia has announced the acquisition of C-nario in a stock transaction. The combined company will serve more than 2,000 brands, including leading Fortune 500 global brands, in over 40 countries worldwide.

Noam Levavi, co-founder and CEO of YCD will lead the new entity from its NYC headquarters.

“This step opens new horizons and creates tremendous opportunities for the consolidated company,” said Noam Levavi, CEO of YCD. “By combining YCD’s offering and expertise together with C-nario’s high-end digital signage technology we take another major step toward achieving our vision of delivering personalization and measurement to brick-and-mortar environments.”

The company also completed a new $6 million fundraising round led by Carmel Ventures, Opus Capital, Pitango Venture Capital and Plenus, together with other existing shareholders.

“We plan to increase market share and broaden our coverage,” said Rami Kalish, YCD’s Chairman and Managing General Partner and Co-Founder of Pitango Venture Capital. “We see a tremendous number of business opportunities that we and our partners can effectively and efficiently target, and we plan to pursue those opportunities.”