StumbleUpon Acquires 5by, Video Recommendation Startup

by Staff Report 0

TechCrunch reports that StumbleUpon has acquired video recommendation startup 5by, which is located in Montreal. The exact terms of the deal have not yet been disclosed. The entire team of 5by will be moving to San Francisco to work at StumbleUpon headquarters. “Initially, it’s about getting 5by out there and introducing it to the community,” said Mark Bartels, the CEO of StumbleUpon.

stumbleuponTechCrunch reports that StumbleUpon has acquired video recommendation startup 5by, which is located in Montreal. The exact terms of the deal have not yet been disclosed. The entire team of 5by will be moving to San Francisco to work at StumbleUpon headquarters. “Initially, it’s about getting 5by out there and introducing it to the community,” said Mark Bartels, the CEO of StumbleUpon. 5by provides video recommendation service online and presents videos in selected category. Bartels says that the deal is beneficial in capturing the mobile and video market for StumbleUpon. “We saw how fast video was growing, and we wanted to move faster.” said Bartels. Read More

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