Livefyre Acquires Storify

Livefyre, the San Francisco, CA-based provider of commenting tools, acquired Storify, the platform that allows users to create stories using social media.

The amount of the transaction was not disclosed.

The entire team of Storify – led by CEO Xavier Damman, is joining Livefyre in their San Francisco headquarters to work on StreamHub, which helps brands, media companies and agencies engage consumers through a combination of real-time conversation, social curation and social advertising.

Storify’s current Business and VIP customers will continue to have access to the features included in these subscriptions but in the the future, the company plans to integrate it into Livefyre’s enterprise offerings.



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