Yahoo Acquires MessageMe Mobile Messaging App

Yahoo Acquires MessageMe Mobile Messaging App

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Yahoo has acquired the MessageMe mobile messaging app for iOS and Android, reports TechCrunch.

The deal, we’re hearing from multiple sources, is a talent acquisition falling into the “single-digit” millions. [Update: We’re hearing now that the deal may actually better than this. Word is the deal is actually in the double-digit millions, and has been structured to be favorable to investors and employees alike.) Yahoo is announcing the acquisition internally today, and the MessageMe team begins work Monday.

In early 2013 the app raised $10 million in Series A funding, in a round led by ex-Mozilla CEO John Lilly of Greylock Partners. TechCrunch also notes that investors in the startup include some high profile venture capitalists such as: True Ventures, First Round Capital, Google Ventures, SVAngel, Resolut.vc, Andreessen Horowitz, and Social+Capital Partnership, and other angels. Some of those helped finance a $1.9 million seed round in March 2013.

In May 2013, MessageMe reached 5 million users, just 2.5 months after it debuted. However, the app was apparently unable to keep up that level of growth.

You can still download MessageMe from the App Store for free.

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Yahoo Acquires MessageMe Mobile Messaging AppYahoo Acquires MessageMe Mobile Messaging AppYahoo Acquires MessageMe Mobile Messaging App

Yahoo Acquires MessageMe Mobile Messaging AppYahoo Acquires MessageMe Mobile Messaging App
Bobbbbbbbbbb - October 4, 2014 at 2:20pm
Geeeeeeepeerrrss look at the update history , says it was last updated November 2013 that almost a year ago, in a few weeks at least. Wayyyy outdated.... Yahoo could actually make some pretty decent moves if they used all the cash they've been spending on some proper website and app buys. There making some really bad decisions on which to buy wasting a ton of dough. I thought there ceo seemed pretty bright but now lately they are like a fish flapping around in the boat buying all the wrong things to save themselves and it's going to ruin them financially ..................
Ahmed - October 3, 2014 at 10:05pm
I used this app a lot, when I was with my EX, its just an outdated app now, I don't use it anymore for these 2 reasons.
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