Earlier this year we wrote about Spool, an up-and-coming service that promised to take on Readability and Read It Later (now Pocket). Today users were emailed to inform them that the service, still in private beta, was to be shut down immediately despite a $1 million round of funding, but a blog post on the company’s site has made things clearer. The team has confirmed that they will be joining Facebook’s mobile department and issued instructions on how to recover your Spools, but there is no mention on an acquisition figure. Needless to say, we are intrigued as to what Facebook are planning to do with Spool and what the acquisition could mean for the company’s mediocre mobile arm.
We started Spool to make content easy to consume on a mobile device. To accomplish this, we built some very sophisticated technology and developed a deep expertise in mobile software development. We firmly believe that solving these problems will be increasingly important as the world accesses the Internet primarily through mobile devices.
We are proud to announce that today we will be pursuing our vision as a part of Facebook. If you were a Spool user, please read the instructions on retaining your bookmarks.
We are extremely excited to accelerate our vision and help Facebook’s users connect and share with the people in their lives. We wouldn’t be in a position to have this sort of impact without our supporters and the Spool community. Please accept a heartfelt thank you for supporting us and for affording us this opportunity.
The Spool team