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weblogs.com sold to Verisign

Filed in archive Venture Capital by tj on October 09, 2005

weblogsCom.gif


Wow - another interesting takeover in the blog world - I certainly did not have this one on the list:

"Word is out, and it's true: VeriSign has acquired the assets of Dave Winer's weblogs.com. I'm sure Dave will have plenty to say on the subject, but weblogs.com this past year has reached a point where Dave needed to either a) invest significant capital into the development of Weblogs 2.0 -- a ping server to handle the next several years of traffic growth, b) sell it to someone else who would do the same, or c) watch as the current system slowly (or maybe quickly) succumbed to the ever-growing stream of pings. Last Thursday weblogs.com processed just under 2 million (1.96M) pings for the day. When we started talking with Dave, a couple months back, the ping totals were barely half of that, and the load even then on the servers made pinging weblogs a chancy proposition during peak posting times (late morning and mid-evening in the US). For a long time, ping servers could be stood up as a single box running on a fast business DSL connection. Those days have passed at least for the popular ping servers; pings are well on their way to requiring serious infrastructure."
Knowing the extremly positive experiences Verisign made with their domain services no wonder they want to venture into blog services.


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Permalink: weblogs.com sold to Verisign
Tags: blog  services  verisign  sold  venture  sold+verisign  venture+capital  please+enter 

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