Los Angeles based CrowdGather, which offers forums for online communities, has aquired the assets of Silicon Valley based Lefora. The size of the all-stock transaction isn’t being disclosed.
Lefora, founded by Paul Bragiel, first launched in 2008. It’s notable because of how simple it is for users to create and embed forums onto their sites.
The much larger CrowdGather boasts around 4.5 million monthly unique users and 80 million monthly page views. The company has raised $3 million or so in funding and has been on an acquisition tear – albeit always very small deals.
CrowdGather is also licensing technology from Tal.ki, another company founded by Bragiel. Tal.ki is acquiring the remaining assets of Lefora as well.
Bragiel also recently cofounded i/o Ventures, a work/cafe incubator located in San Francisco.
Lefora is a free hosted forum service. Richard Chen has invested in Lefora
CrowdGather is a network of online forum-based communities that engage, provide information to, and appeal to message board users. CrowdGather provides a interactive and informational social network for members, a management and revenue-sharing resource for third-party forum owners, and an advertising network for marketers worldwide. The Company’s founder and CEO, Sanjay Sabnani, developed the vision for CrowdGather based upon his experiences, first as a forum member since 1998 and then as the owner of forums since 2002. As of...
Tal.ki is a free forum product that users can embed into websites.
Sponsored Ads
Sponsored Ads
Sponsored Ads
