Wednesday, July 18, 2012

Outright Acquired By Go Daddy

Mountain View-based online small business accounting software developer Outright has been acquired, by Go Daddy, the Internet domain name and web hosting provider. Financial details of the acquisition were not announced by the companies. Outright was headed by Steven Aldrich, who becomes go Daddy's Senior Vice President of Applications. OUtright co-founder Ben Curren also joins Go Daddy. Both will remain in Silicon Valley. Outright was venture backed by First Round Capital, Sequoia Capital, Shasta Ventures, and SoftTech VC.