Read It Later Raises $2.5 Million, Wants To Become The Dropbox Of Content

Read It Later, the popular service that lets you bookmark a webpage and access it later from any smartphone, computer, or tablet, has raised a $2.5 million funding round. The round marks the company's first external funding, and includes investments from Foundation Capital (which led the round), Baseline Ventures, Google Ventures, Founder Collective, and several angel investors. RIL founder Nathan Weiner originally started the company back in August 2007, and he was the only person working on it up until early this year ? during which time he built out the web product, multiple mobile applications, and a userbase of millions. As the service took off Weiner moved out to Silicon Valley, where he received multiple acquisition offers, but decided to keep the company independent. He's also started growing the team, which is up to five.

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