Topic:

Acquisition

Acquisition

Betaworks Acquires Vibe, the Anonymous Twitter Alernative Popularized During Occupy Wall Street

Screen shot 2012-02-24 at 9.05.47 AM

When we first told you about Vibe, a New York-based pseudonymous mobile messaging app, last September, Occupy Wall Street was in full swing. In fact, Vibe app creator Hazem Sayed earned the nickname “White Hat” for walking around Zuccotti Park passing out flyers for his protester-friendly service. There was even an iPad hooked up to a projector showing hashtagged messages about #OWS.

Well, as TechCrunch reported yesterday, we weren’t the only ones to take note. Betaworks quietly acquired Vibe back in December. According to the blog, the deal was “likely in the low six figures, with Betaworks now owning a majority of Vibe.” In a post on the Betaworks Tumblr this morning, CEO John Borthwick wrote, “There’s no better feeling than falling in love,” noting that Mr. Sayed will stay on to run the company. Read More