Entrecard Acquired by ZipRunner

Entrecard is a popular platform for exchanging 125 by 125 ads. It has become successful primarily because of the fact that you dont need to buy credits ( for cash ) to advertise on other blogs. Although in a recent change the have introduced a system to purchase or sell credits for cash.

However we are not going to talk about that in this post. As the title reads, in a recent move Los Angeles based company ZipRunner has acquired Entrecard for an untold amount. I came to know about this acquisition through an email sent to me.

Here is an excerpt from the email :-

It is with great excitement that I announce Entrecard.com, Inc. has
been acquired by Los Angeles based ZipRunner Inc.

ZipRunner has the resources, vision, and dedication to Entrecard that
will allow it to grow in pursuit of the vision I laid out nearly two
years ago.

Moving forward, my relationship to Entrecard will be that of an
adviser, and I will help the good folks at ZipRunner take the whole
project to the next level. Expect a follow up communication from them very soon.

ZipRunner Inc. was chosen out of a number of potential suitors because
of the resources they can dedicate to the project, their exciting
vision for the company’s future, and their understanding of social
media and the blogosphere.

I urge you all to look forward to a bigger, better Entrecard, and I
couldn’t be more proud to bring it to this point before passing thetorch. I’ve heard first hand all the great things that are in store
for the company and it’s members, and needless to say it has me quite
excited.

Whether you love or hate the decisions I’ve made for Entrecard in the
past, I always did the best I could to move the company forward given
the resources I had, and I always had the best interest of the members
in mind. Now, with new management and ownership stepping in, I urge
anyone who has left the service to give it another chance, and I urge
those who have been loyal members for days, weeks, months, or years to
look forward to a brighter future, a reliable and stable service, and
great new features and strategic direction.

I tried to search for some information on ZipRunner but couldnt find any. If you have any such information on the purchasing company then let us know.