Yahoo! Acquires Rockmelt

Rockmelt, a Mountain View, CA-based social browser startup, has been acquired by Yahoo! ((NASDAQ: YHOO)

According to Kara Swisher (AllThingsD), the acquisition amounted to a sum ranging from $60M to $70M.

Started in 2009 by CEO Eric Vishria and Tim Howes, RockMelt has created a mobile, visual, social, and personalized browser that features integration with both Facebook and Twitter.
Following the acquisition, the apps and the web product will be shutdown (on August 31, 2013).

The company had raised $40M from Andreessen Horowitz, Accel Partners, Khosla Ventures, First Round Capital, Bill Campbell, Ron Conway and Diane Greene.

FinSMEs

02/08/2013

Related News
29/06/2011: RockMelt Raises $30m in Series B Funding

Join the discussion