Yahoo Buys Vizify

Yahoo has acquired social media and vanity domain provider Vizify, Vizify said Wednesday, and will be shutting down the service. Financial terms of the acquisition were not disclosed. According to VIzify, Yahoo will be sunsetting the Vizify service, and using the company's team to bring a "more visual approach to data" at Yahoo. Vizify was backed by Jonathan Sposato (Picnik), Tim Draper (DFJ), Bill McAleer (Voyager Capital), and Matt Shobe (Feedburner).