It appears Marketing Pilgrim and Yahoo are on the same page…we both think MyBlogLog is a pretty cool company!
The social network for bloggers and blog readers has seen great growth in the past few months with lots of blogs installing their tracking code and building their MyBlogLog community. Once again proving it’s in touch with social media, Yahoo has snapped up the company for a reported $10-12 million.
Judging by the official MyBlogLog blog, the guys appear to be excited about the acquisition and explain what backing from Yahoo will mean to them.
Yahoo! is going to put loads of resources into MyBlogLog and help us roll out a ton of new features. Plus, we’re moving to their infrastructure, which should help with those occasional slowdowns.