Video chat service Tinychat has been acquired by Paltalk. Terms of the deal are not being disclosed.
Post acquisition, Tinychat Cofounder Michael Stern will remain at Paltalk as Vice President of Product Development, supervising the continued development of Tinychat into mobile and desktop while Tinychat’s other co-founders Martin Redmond and Daniel Saltman will be tracking other projects.
“We’ve long respected Tinychat as another great platform that brings users together from all over the world, whether to meet new people, discuss common interests, or just be entertained,” said Eric Sackowitz, COO of Paltalk. “There is a shared vision about what the future of video communication platforms can be, and together Paltalk and Tinychat will deliver that experience to our community around the world.”
Tinychat will continue to operate as a standalone platform. Paltalk says Tinychat will remain a standalone application. Along with Camfrog, which Paltalk acquired in 2010, there are now over 225 million registered users of a Paltalk service.
Founded in 2009 by Michael Stern, Martin Redmond, Daniel Blake Saltman, Cole Turner is a free and simple web-based chat platform that allows users to discover and meet people who share their interests as well as connect and chat with their friends.
“Paltalk has been known as an innovative leader in video chat for more than 15 years,” said Tinychat co-founder Michael Stern. “We look forward to working with their team and drawing on their deep expertise and resources to exponentially grow the Tinychat audience.”
Paltalk is a video chat room community that allows users to converse via video, audio and internet chat. Paltalk owns 21 patents that cover core technology related to multiplayer online video games and video conferencing, which have been licensed by Sony, Microsoft, and Activision. Paltalk’s active members average over 22 hours per month and 53 million minutes per day online.