UberMedia, Indeed. Bill Gross' Twitter Ecosystem Empire Just Acquired TweetDeck

Friday, February 11th, 2011

MG Siegler is a general partner at CrunchFund and a columnist for TechCrunch, where he has been writing since 2009. His focus is on Apple. Prior to TechCrunch, MG covered various technology beats for VentureBeat. Originally from Ohio, MG attended the University of Michigan in Ann Arbor, MI. He’s previously lived in Los Angeles where he worked in Hollywood and in... → Learn More

The number of companies in the Twitter ecosystem keeps contracting. But not for a necessarily bad reason, but because they keep getting purchased. And what’s crazy is that it’s largely one person who has been buying them up: Bill Gross. We’ve just learned that his company, now called UberMedia, has just acquired TweetDeck.

We’re hearing that the deal, which happened recently, was in the $25 – $30 million range. And this is clearly the largest deal they’ve done yet as TweetDeck is the largest Twitter client outside of Twitter’s own properties.

This deal follows Gross’ company scooping up UberTwitter last month — a popular Twitter client for both BlackBerry and iPhone devices. And prior to that, earlier in January, they bought EchoFon, another popular Twitter client. But again, TweetDeck instantly becomes the crown jewel of the empire. And it means that UberMedia now owns a significant part of the overall ecosystem.

UberMedia has actually changed its name a few times now, partially due to these acquisitions. In April 2010, they launched as TweetUp, then they became PostUp, and then, following the UberTwitter deal, they became UberMedia. The company also own the popular Android Twitter client Twidroyd and Popurls (both of which they bought in July of last year), as well as the ad product, FollowMe. Overall, they fall under Gross’ Idealab.

The UK-based TweetDeck had raised a little over $5 million in funding.

Company: UberMedia
Website: ubermedia.com
Launch Date: March 2010
Funding: $26.6M

UberMedia (formerly postup) is the leading independent developer of applications and web-based services that make it easier for users to find, follow and communicate with others on Twitter and other social media platforms. The company is focused on driving innovation in user experiences across a range of online and mobile platforms. UberMedia also provides advertisers and brands with new ways to engage and communicate with consumers via Twitter through its family of apps. Located in Pasadena, California, UberMedia is...

Learn more
Company: TweetDeck
Website: tweetdeck.com
Launch Date: July 4, 2008
Funding: $3.8M

TweetDeck is an Adobe Air desktop application, currently in public beta, that looks to capture the abundance of social media and display it in a unique columned user interface. In recent months there has been an explosion in social media with hundreds of services offering an abundance of information to the masses. TweetDeck is a realtime application that allows users to monitor that information in a single concise view. TweetDeck currently integrates services from Twitter, Twitscoop, 12seconds, Stocktwits and now...

Learn more

Sponsored Ads

blog comments powered by Disqus

Sponsored Ads

Sponsored Ads

Upcoming Events

SXSW 2012

Austin, Texas

Disrupt NY 2012

New York City

Disrupt SF 2012

San Francisco, CA