Adblock Plus owner Eyeo acquires micropayments service Flattr | VentureBeat | Media | by Paul Sawers
Eyeo, the Germany-based company behind perennially popular adblocking service Adblock Plus, has today announced that it has acquired Flattr, a micropayment and microdonation service headquartered in Sweden.Terms of the deal were not disclosed.Cofounded in 2010 by Peter Sunde, the same guy who helped build the Pirate Bay, Flattr is an online system that allows users and fans of specific content providers to make regular payments or one-off donations.Flattr had only raised around $2.5 million in funding to date, and the fact that Eyeo has snapped it up doesnt come as a great surprise. Indeed, the duo partnered last summer to launch Flattr Plus, which allows users to contribute cash in exchange for content they consume online. Rather than manually hitting a button to make a payment, which is how Flattr usually works, Flattr Plus lets users set a monthly budget for all the content they consume, and it automatically spreads the budget across various pieces of content.
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