Recognizing the importance of protecting and monetizing intellectual property in the world of user generated content – Facebook has acquired Source3.
First publicly reported by Recode, and now picked up by numerous other publications, including TechCrunch, Business Insider, Fortune, Variety and others — Facebook has acquired the Source3 technology and many of the Source3 team members will join Facebook and work out of Facebook’s NYC offices.
To all of our investors – a profound “Thank You”.
I am so incredibly proud to have been part of the early Source3 journey along with Patrick Sullivan, Scott Sellwood, Ben Cockerham, Tom Simon and Michael March. I am also so incredibly thankful to each of them for their vision, energy and diligence in completing the first phase of this journey — and looking forward to seeing what they do next at Facebook and elsewhere!