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March 13, 2012 01:15 am GMT
Twitter just announced that it has acquired Posterous, the YCombinator-backed blogging and sharing platform that competed early on with Tumblr.Terms of the deal weren't disclosed. Posterous had raised $10.1 million in two venture rounds plus early fundraising with angels. Posterous says its service Spaces will stay up and running and that the company will give plenty of notice to users if they start to change the service.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/oa5bcgFMx6c/
Posterous Finds A Home In The Arms Of Twitter
Twitter just announced that it has acquired Posterous, the YCombinator-backed blogging and sharing platform that competed early on with Tumblr.Terms of the deal weren't disclosed. Posterous had raised $10.1 million in two venture rounds plus early fundraising with angels. Posterous says its service Spaces will stay up and running and that the company will give plenty of notice to users if they start to change the service.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/oa5bcgFMx6c/
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