Blog Post

Rapportive officially bought by LinkedIn

Contacts startup Rapportive has been acquired by LinkedIn (s LNKD), according to a post on Rapportive’s blog Wednesday. The official announcement comes a few weeks after rumors of such a buy were first reported by AllThingsD.

According to Rapportive founder Rahul Vohra, the company will continue to support its Gmail plugin (s GOOG), which enables users to get more detailed information about people who have emailed them. That includes social connections such as LinkedIn, Facebook and Twitter, as well as their address books. The acquisition will no doubt lead to more integration with LinkedIn’s core properties, which could bring even more information about your work contacts into the fold.

AllThingsD reports that the price came in at the low teens of millions of dollars, with LinkedIn beating out other potential buyers, including Twitter. Rapportive had raised about $1 million in 2010, with investors that included Charles River Ventures, Dave McClure, Paul Buchheit, Jason Calacanis, Gary Vaynerchuk, Shervin Pishevar and Venture Hacks.

One Response to “Rapportive officially bought by LinkedIn”

  1. Ramon B. Nuez Jr.

    I am very happy for both LinkedIn and Rapportive. This is such a natural fit for both companies. I have always said that LinkedIn is missing a number of glaring key features. At least with Rapportive — LinkedIn allows it’s users to have a more profound look into other users social properties.

    I am not sure what Twitter would have done with Rapportive. But I am happy that he deal did not go Twitters way. I mean look what the company has done with TweetDeck.