Xmarks Is Shutting Down

Posted Sep 27, 2010

Bookmark syncing service XMarks is in the process of shutting down. XMarks is based in San Francisco, California and they shut down their website today. XMarks is a four year old company that was started by Mitch Kapor. Kapor put his own money into the company and then it received more funding from Redpoint Ventures. XMarks was even close to selling the company to Google, but the deal fell through. At one point XMarks had about 5 million active users. However Google and Firefox both built bookmark syncing into the browser so their business model was difficult to sustain. [Xmarks Blog]