Capital One Acquires Monsoon

McLean, Virginia-based Financial holding company Capital One Financial Corporation acquired Oakland, California-based design and development company Monsoon.

The amount of the deal was not disclosed.

Led by CEO Sandeep Sood, Monsoon also launched Kunai, a rebranded agency made of a team of designers, developers, and product managers of the Monsoon team that is not going over with the acquisition.
RainFactory, the existing agency that handles technical marketing for eCommerce companies, Fortune 500 corporations, and crowdfunding campaigns, will be moving to a new office in Oakland.

Capital One (NYSE “COF”) is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N.A., had $210.4 billion in deposits and $306.2 billion in total assets as of March 31, 2015. Capital One offers financial products and services to consumers, small businesses and commercial clients through a variety of channels.
Capital One, N.A. has branches located primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia and the District of Columbia.



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