The company rejected an acquisition offer by Evernote after showing concerns that Evernote intended to shut down the Read It Later service and amalgamate its functionality into Evernote's main service. The 2011 funding came from Foundation Capital, Baseline Ventures, Google Ventures, Founder Collective and unnamed angel investors.
Read It Later obtained venture capital investments of US$2.5 million in 2011 and $5.0 million in 2012. Weiner's intention was to have the application be like a TiVo for web content and giving users access to that content on any device. Once his product was used by millions of people, he moved his office to Silicon Valley and four other people joined the Read It Later team. Pocket was introduced in August 2007 as a Mozilla Firefox browser extension named Read It Later by Nathan (Nate) Weiner. Released in 2007, the service was originally only for desktop and laptop computers and is now available for macOS, Windows, iOS, Android, Windows Phone, BlackBerry, Kobo eReaders, and web browsers.
Pocket, previously known as Read It Later, is a social bookmarking service for storing, sharing and discovering web bookmarks.
Android, BlackBerry, iOS, Kindle Fire, Kobo, macOS, web browsers, Windows, and Windows Phones
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