Wanna read an awesome overnight success story? Well, in that case, keep looking. Because this is not one of those stories… Wunderground.com was founded in 1995, 17 years ago, and it’s a leading provider of Web based weather data. They announced yesterday that “Weather Underground has been sold, and will now be part of The Weather Channel Companies (TWCC.) ”
We hear Underground CEO Alan Steremberg will remain in charge, which is always a good thing to guarantee things move along smoothly.
Wanna see who founded them? Here are the original seven founders of wunderground.com, plus their first employee, circa 1998.
In front, from left to right: Chris Schwerzler, Jeff Masters, Jeff Ferguson. In back: Dave Brooks, Alan Steremberg, Perry Samson, Chuck Prewitt, and Mike MacDonald.
About Weather Underground
The world’s first online weather service, Weather Underground is committed to delivering the most comprehensive, reliable weather information possible. Home to more than 21 million users and weather provider to partners such as Google, The Associated Press and CBS, the company’s state-of-the-art technology monitors conditions and forecasts for locations across the world. With more than 19,000 users contributing local observations from personal weather stations, Weather Underground is able to provide up-to-the-minute weather conditions for the most finely targeted areas. In addition to serving free online weather information to millions of unique users every month, Weather Underground delivers custom-designed weather page solutions to an array of businesses and media clients – both online and in print.
From The Weather Channel’s press release July 2, 2012:
Weather Underground’s popular site wunderground.com and its portfolio of mobile applications will continue to operate and its employees will become a part of TWCC, furthering the company’s place as the leading provider of the most accurate weather data across all platforms serving consumers and business users. In addition, Weather Underground’s San Francisco headquarters will become a regional office for TWCC. Blackstone Advisory Partners L.P. served as TWCC’s financial advisor in the transaction and Kilpatrick Townsend & Stockton LLP acted as legal advisor. Weather Underground was advised by Digital Capital Advisors, LLC.
How much did they sell it for? They’re not saying, but we’re digging. Have you heard any more details? Share them with us in the comments.
Source: Jeff Master’s blog