Facebook has acquired the team behind Spool, the mobile content-caching startup that launched in September 2011 at TechCrunch Disrupt. At that time, my colleague Sarah Perez snappily described its service as “Instapaper on steroids.”
This looks like a pure talent acquisition — it doesn’t appear that any of the technology Spool built will be integrated into Facebook, and the company has already shut down its service. Spool raised a $1 million round of venture capital this past January from a group including SVAngel, Felicis Ventures, Yuri Milner’s Start Fund and YouTube founder Steve Chen.
We’ve reached out to Spool for more information about the deal — financial details, staff numbers, and the like. This will be updated with any news we receive.
Facebook sent along this statement about the deal:
“The Spool team has deep expertise in mobile software development and a passion for making content easy to consume…
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