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December 3, 2013 10:34 pm GMT
Square is announcing today that it has acquired New York-based photo-sharing app Viewfinder, or perhaps more accurately, that members of the Viewfinder team are joining the payments company, where they'll work out Square's New York office. Two Viewfinder co-founders,Spencer Kimball and Peter Mattis, also former ex-Googlers, will now become senior members of Square's East Coast team, along with the rest of Viewfinder's staff. Viewfinder was founded by Kimball, Mattis, and CEO Brian McGinnis, formerly of Lehman Brothers, and had under a dozen employees. Two of Viewfinder's founders, Kimball and Mattis, are known for creating GIMP in the 90′s, says Square CTO Bob Lee in blog post today. He personally has known founders for some time, having also crossed paths with them while they were working for Google in NYC, where they focused oninfrastructure like Google Servlet Engine and Colossus, Google's exascale distributed le system, he adds. Given the team's background, this deal appears to be one that's more acqui-hire in nature, than one about the technology the team at Viewfinder had developed, which had involved a unique photo-sharing application which was part utility, part social network. The app was interesting for the technology under its hood, which was designed to allow users to search back through their photo history more efficiently, with a clever “jump scroll”-style interface. Square says of Viewfinder that the team “isincredibly talented, having built an app that blends beautiful design and highly technical engineering to create personal, human experiences.” This, the company says, is what Square is also about, and the co-founders will now help Square continue to build its mobile applications. We're hearing that though there was obvious interest in the founders themselves, as Square publicly notes, the deal was for the people at Viewfinder (ten total) as well as some of the company assets. In addition, Square is working to triple the size of its engineering team in New York over the course of 2014, so it's likely that Viewfinder could be the first of several acquisitions still in store. As for the Viewfinder mobile application itself, it will remain up-and-running at least for the time being. However, no further updates will be released and no customer service will be provided. Square declined to discuss the terms of the deal. Viewfinder hadraised an undisclosed seed round of funding from private investors, which was north of $1 million. Developing, refresh for updates… Full Viewfinder blog
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/iyRvCiTLd3s/
Square Acquires Ex-Googler Team Behind Viewfinder To Help Grow Its NYC Presence
Square is announcing today that it has acquired New York-based photo-sharing app Viewfinder, or perhaps more accurately, that members of the Viewfinder team are joining the payments company, where they'll work out Square's New York office. Two Viewfinder co-founders,Spencer Kimball and Peter Mattis, also former ex-Googlers, will now become senior members of Square's East Coast team, along with the rest of Viewfinder's staff. Viewfinder was founded by Kimball, Mattis, and CEO Brian McGinnis, formerly of Lehman Brothers, and had under a dozen employees. Two of Viewfinder's founders, Kimball and Mattis, are known for creating GIMP in the 90′s, says Square CTO Bob Lee in blog post today. He personally has known founders for some time, having also crossed paths with them while they were working for Google in NYC, where they focused oninfrastructure like Google Servlet Engine and Colossus, Google's exascale distributed le system, he adds. Given the team's background, this deal appears to be one that's more acqui-hire in nature, than one about the technology the team at Viewfinder had developed, which had involved a unique photo-sharing application which was part utility, part social network. The app was interesting for the technology under its hood, which was designed to allow users to search back through their photo history more efficiently, with a clever “jump scroll”-style interface. Square says of Viewfinder that the team “isincredibly talented, having built an app that blends beautiful design and highly technical engineering to create personal, human experiences.” This, the company says, is what Square is also about, and the co-founders will now help Square continue to build its mobile applications. We're hearing that though there was obvious interest in the founders themselves, as Square publicly notes, the deal was for the people at Viewfinder (ten total) as well as some of the company assets. In addition, Square is working to triple the size of its engineering team in New York over the course of 2014, so it's likely that Viewfinder could be the first of several acquisitions still in store. As for the Viewfinder mobile application itself, it will remain up-and-running at least for the time being. However, no further updates will be released and no customer service will be provided. Square declined to discuss the terms of the deal. Viewfinder hadraised an undisclosed seed round of funding from private investors, which was north of $1 million. Developing, refresh for updates… Full Viewfinder blogOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/iyRvCiTLd3s/
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