Facebook has acquired Storylane, a relatively young social network focused around telling stories, for an undisclosed sum.
Storylane announced the acquisition in a blog post Friday, noting that the service will wind down and the team will join Facebook. "After a lot of discussions with Facebook about how our teams might work together to have even greater impact, we are announcing today that the Storylane team will be joining Facebook," Storylane's founder and CEO Jonathan Gheller wrote in the post.
Facebook confirmed the acquisition in a statement provided to Mashable: "The team from Storylane will be an incredible addition to Facebook. Their previous work showcasing real identity through sincere and meaningful content will make them a perfect fit at Facebook."
We've heard from a source that the five-person staff at Storylane will join Facebook's Timeline team, reporting to Sam Lessin, who heads up the "Identity" product group at the company.
Storylane launched in October with the goal of prompting users to share meaningful stories from their lives. The service is perhaps most similar to Medium, the publishing platform launched last year by two of Twitter's co-founders. Gheller was ambitious in his goals for the service, telling Mashable at the time that the service was trying to "build a library of human experiences by crafting a community where people can share things that really matter."
For those who did share stories on the service, Storylane plans to roll out tools to help migrate those posts to other sites. Gheller also says Facebook will not be getting any of the company's data or operations as part of the acquisition.
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