Livefyre, a popular comment platform used by many news blogs and active forums, has acquired social startup Storify, the company announced today. Neither company disclosed financial terms.
Livefyre’s comment platform enables people to use a single login (often using a social media account) to comment across several different sites as well as keep track of those comments afterward. It’s very similar to rival service Disqus. Storify enables commentators to take comments from elsewhere and weave them into a single conversation.
“By joining Livefyre, we’ll become part of a larger company with more resources, a strong technical infrastructure, and experienced enterprise sales team,” Storify wrote in a statement on its site. “Storify will be able to give journalists, bloggers, publishers, brands, and agencies even more of the features they’ve been asking for.”
As for the purchase, Livefyre said it intends to keep Storify as a standalone service rather than rolling it into its own services. Under terms of the sale, Storify’s entire five-person team is expected to join Livefyre, according to a TechCrunch report.
Founded in 2009, the San Francisco-based Storify previously raised $2 million in funding from Khosla Ventures, Promus Ventures, and others.
Storify is a company building tools to help journalists, bloggers and experts curate the real-time Web. We believe there is a wealth of great content being created in real-time using tools such as Twitter. From earthquakes to elections... read more »
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