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Acqusitions

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Posterous Joins the Flock at Twitter. Posterous is now part of Twitter.

Posterous Joins the Flock at Twitter

The 4-year-old blogging platform officially announced the acquisition Monday afternoon on its company blog, noting that “the opportunities in front of Twitter are exciting, and we couldn’t be happier about bringing our team’s expertise to a product that reaches hundreds of millions of users around the globe.” Twitter's company blog echoed the same sentiments. "We’re always looking for talented people who have the passion and personality to join Twitter," reads a blog post about the deal. "Acquisitions have given us people and technology that have enabled us to more quickly build a better Twitter for you.

" Posterous as a platform particularly lends itself to mobile blogging. Posterous Spaces will remain up and running without disruption, and the company promises to "give users ample notice" if any changes are on the horizon. Facebook ‘Acqu-Hires’ File-Transfer Firm Caffeinated Mind. Facebook's Adqui-hire of Gowalla Confirmed. Facebook on Monday confirmed its purchase of Gowalla, which had been reported on Friday, but says it isn't buying the brand's service or location-based technology but will instead absorb the management team behind the company.

Facebook's Adqui-hire of Gowalla Confirmed

"While Facebook isn’t acquiring the Gowalla service or technology, we’re sure that the inspiration behind Gowalla will make its way into Facebook over time," reads a statement issued by Facebook. Gowalla's team, including CEO Josh Williams and co-founder Scott Raymond will move from the company's Austin, Texas, headquarters to Facebook home base in Palo Alto, Calif. It's not clear how Facebook will integrate Gowalla's technology. The latter company created a location-based social network that lets users check in to various locations. The service was similar to that of Foursquare, but Foursquare has a much larger user base — 10 million vs. In a blog entry, Gowalla CEO Josh Williams detailed his decision to take Facebook's offer. Cisco, Google Ventures and VMware Back Puppet Labs with $8.5 Million - ReadWriteCloud. Puppet Labs announced today that it is receiving $8.5 million in Series C financing from Google Ventures, Cisco and VMware.

Cisco, Google Ventures and VMware Back Puppet Labs with $8.5 Million - ReadWriteCloud

The new round of financing brings Puppet Labs up to $15.75 million, which begs the question – what does the IT automation company need with that kind of dosh? Luke Kanies, CEO of Puppet Labs, says that the money is going into development, marketing and sales. Kanies says that the company is looking to grow faster than "organic growth" would carry the company. But, Kanies says that the company originally didn't set out to raise quite as much as they did in this round.

According to Kanies, the company happened to find three investors that "get the disruptive trend" of IT automation. Google is also using Puppet, but it's important to understand that Google Ventures is strictly a financial investment arm, not a strategic one. That said, Faris says Google Ventures did take notice of Google's use of Puppet as well as a "groundswell of support" from engineers for Puppet.