Twitter Buys SnappyTV

SnappyTV, a developer of software to make it easy for people to capture video, edit it, and post it to Twitter, has been acquired by Twitter. Financial terms of the buy were not disclosed. SnappyTV said it will help provide a better product and bring the platform to more content owners and event organizers. The company was backed by angels Josh Felser, Chris Redlitz, Dan Halabe, Paul Bricault, Brian Woods, Russ Fradin, David Pidwell, Leslie Gittess, Andy Boszhardt, Ben Lin, Don Ryan, Don Folgner and Tricia Iboshi.