Yahoo is the web search engine and software giant founded on March 1, 1995 headquartered in Sunnyvale, California. It was founded by Stanford students David Filo and Jerry Yang in 1994. Yahoo is one of the most visited websites with more than 130 million unique users per month in the United States alone.
Yahoo has acquired lots of companies till now and it is still acquiring. Its first acquisition was Net Controls, web search engine company in September 1997 for $1.4 million and the largest was Broadcast.com, an online radio company for $5.7 billion. Most of the companies acquired by Yahoo are based in United States and till now it has acquired 111 companies. Here I am listing some of the best startups acquired by Yahoo.
Rockmelt is a proprietary social media web browser developed by Eric Vishria and Tim Howes on the Google’s Chromium project incorporating the features such as Facebook chat and Twitter notifications. Rockmelt Inc is headquartered in Mountain View, California. Rockmelt is currently available for almost all the platforms such as iOS, Android, Windows and more. Yahoo acquired Rockmelt in August 2013.
Xobni develops the software applications and services including the products for Microsoft Outlook and mobile devices. It was founded in March 2006 by Adam Smith and Matt Brezina and headquartered in San Francisco, California. In march 2007 it has raised $4.26 million fund from Vinod Khosla, First round capital and Atomico and in January 2009, it announced $7 billion B round financing which added Cisco systems and BlackBerry partners fund. On July 3, 2013 Yahoo acquired Xobni for $40 million US dollars.
Qwiki is the New York City based startup which is an automated video production company and released and iPhone app which automatically turns pictures and videos from user’s camera roll into movies to share. In January 2011 Qwiki has raised $8 million in series A funding a round which was led by Facebook co-founder Eduardo Saverin. In July 2013, Yahoo has acquired Qwiki startup for $50 million.
Tumblr is the microblogging platform and the social networking site founded by David Karp in 2007 and headquartered in New York City. As of November 1, 2014 Tumblr hosts more than 209.3 million blogs. It allows the users to follow other user blogs as well as make their blogs private. Much of the website’s features are accessed from dashboard interface, where you will find an option to post content of the followed blogs will appear. On June 20, 2013 Yahoo has acquired Tumblr for approximately $1.1 billion.
Summly is an artificial intelligence technology developed by Nick D’Aloisio, an English entrepreneur along with SRI international. Summly aimed to solve the perceived problems with the way news articles are presented on smartphones with the initial version of the Summly has downloaded over 2,00,000 users. Summly was acquired by Yahoo for $30 million users on March 2013 and making its founder youngest millionaire.
Snip.it is the social platform for creating the collection for articles, images and videos on the web. It was founded by Ramy Adeeband manged by the team of 6 engineers and funded by True and Khosla venture as well as several other prominent investors. Users create and maintain theme based collections around the interests such as politics, science, education and fashion. Yahoo on January 2013, has acquired Snip.it for $10 million.
Stamped is an iPhone app launched by the team of former Google employees in November 2011 which allows you to keep tracks and share the things like in social medias. It was acquired by Yahoo on October 2012 but the details of the deal were not disclosed.
Kaprol is an Indonesian social networking service allowing the users to connect based on location and mobile users can use the site as the positioning service without the need of the GPS receiver. Once after logging in, users can see other members who were in nearby location. On May 2010, Yahoo announced it acquired Kaprol for an undisclosed value.
9. Associated Content
Associated Content is now the division of Yahoo which focus on online publishing and it distributed the large variety of writing through its website and content partners including Yahoo News. It was started in January 2005 by Luke Beatty and headquartered in Denver, Colorado with the business development, sales and community offices in New York city. On May 2010, Yahoo has announced that it would purchase Associated Content for $90 million.
Maktoob Inc is an Internet service company founded in Amman, Jordan which is known for being the first Arabic/English email service provider. It has more than 280 employees with offices in Amman, Cairo, Dubai, Kuwait and Riyadh and headquartered in Dubai. In 2009 Maktoob was sold to Yahoo for $164 million.