The financial terms of the deal were not disclosed.
Mike Davis, CEO of StoryPress, launched the website in 2013 and a year later completed a successful Kickstarter campaign and raised $500,000 in seed stage capital. The company had four employees, according to a story last year in Silicon Hills News.
Under the agreement, everyStory acquired StoryPress’ trademark, creative collateral and domain name. In addition, David will join the everyStory team. everyStory, a story-sharing application, is available on iOS, Android and the web.
“This acquisition is another great step in establishing everyStory as the platform of choice for people of all ages to create and share their precious stories privately and securely.” Ed Cox, CEO of everyStory said in a news release. “everyStory continues to add thousands of users to our platform at an accelerating pace and we are actively looking to further drive growth through strategic acquisitions and partnerships.”
“I look forward to working with Ed Cox and the rest of the everyStory team to help them bring multi-media storytelling to the masses and change the way stories are shared” StoryPress CEO Davis said. “The StoryPress team built a beautiful product and made it easy for people of all generations to create, save, and share spoken stories and we’re excited to be part of everyStory’s future.”