Salesforce Acquires YC-Backed Collaborative Text Editor Stypi

Leena Rao

Leena Rao is currently a Senior Editor for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... → Learn More

Tuesday, May 1st, 2012
stypifeat

It looks like the team from Y Combinator-backed Stypi is heading to Salesforce, according to this blog post. UPDATE: We’ve confirmed that Salesforce has acquired Stypi. Financial terms of the acquisition were not disclosed.

As we reported last year, Stypi develops a lightweight, real-time collaborative text editor. It’s similar in many ways to fellow YC alum Etherpad, which was acquired by Google. You can create documents in Stypi and edit it just as you would any other document, and you can invite new collaborators simply by sending them the URL.

The editor includes key features like a Playback mode, which will let you review how a document came to be, character by character. Stypi also integrated support for some programmer-friendly features, like syntax highlighting.

Stypi’s founders write that they will be working on “collaboration solutions” at Salesforce. Stypi will remain live, and users will have access to the service, says the startup.

We know that Salesforce has been ramping up social and collaboration in all of its products so an an actual acquisition makes sense for the company. It’s unclear yet how and if Stypi’s technology will be incorporated into Salesforce’s product offerings.


Company: Salesforce
Website: salesforce.com
Launch Date: 1999
IPO: February 7, 2004, NYSE:CRM

Salesforce is an enterprise cloud computing company that provides business software on a subscription basis. The company is best known for its on-demand Customer Relationship Management (CRM) solutions. Salesforce was founded in 1999 by former Oracle executive Marc Benioff, and went public in June 2004. Salesforce has been a pioneer in developing enterprise platforms through its innovative AppExchange directory of on-demand applications, and its Force.com “Platform as a Service” (PaaS) API for extending Salesforce.

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Company: Stypi
Website: stypi.com

Stypi is a collaborative real-time text editor similar to Etherpad.

→ Learn more