LinkedIn will acquire Pulse, the popular newsreader app, in a deal worth a reported $50 to $100 million. The Pulse app, made by San Francisco-based Alphonso Labs, has 20 million users who read more than 10 million stories per day! Previously Alphonso Labs was able to raise about $10 million from venture capital firms like Redpoint Ventures, Greycroft Partners, Mayfield Fund, Lightspeed Investment Partners, New Enterprise Associates and Lerer Ventures.
LinkedIn to Buy Pulse Newsreader App for Over $50 Million
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danielzeevi under News
From http://dashburst.com 4070 days ago
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