05 Aug
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Password-sharing startup Mitro acquired by Twitter

Mitro, the password-sharing startup, founded in 2012 by Adam Hilss has managed to raise a funding of $2.4million. Mitro is an extension to the web browser that enables people to save and share passwords. Google Ventures and Matrix Partners have supported Mitro.

The acquisition of Micro by Twitter was announced by the startup via a blog post on Thursday.

"We’re excited to announce that the Mitro team is joining Twitter’s location team in New York, focusing on a variety of geo-related projects! As we transition to Twitter, we want to provide you with some updates on our product”.

However, the blog post did not reveal the financial details of the acquisition. Another interesting bit of news that was announced by Mirco was its release of "server and client code" on Github, which will allow others to build on it.

After Facebook’s acquisition spree, Twitter too has continued adding new companies to their fold. After Mitro, they went ahead to buy out image search company Madbits as well.



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