South San Francisco – The Washington Post Company has
acquired iCurrent, the developer of a customized news aggregation application,
VentureBeat reported.
While financial terms of the deal were not disclosed,
VentureBeat pegged the purchase price as likely north of $5 million.
Founded in
2006, South San Francisco-based iCurrent lets users create customized news
feeds that draw from tens of thousands of newspapers, magazines and blogs.
The
company has raised $3 million in financing, from Crosslink Capital.
The Post’s
Rima Calderon told VentureBeat it purchased iCurrent for its technology and
team.
Related Links:
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(VentureBeat)
