WooFoo Acquired By SurveyMonkey For Cool $35 Million

In a significant shakeup in the world of online services, WooFoo, the well-known and popular online forms creator, confirmed that it has been joyously acquired by SurveyMonkey.

The impressive deal, sealed for a cool $35 million, includes both cash and stock, placing WooFoo among the roster of successful Y-Combinator companies to make lucrative exits.

WooFoo was initially propelled into operation thanks to an angel investor - whose name remains confidential due to the #-Link-Snipped-# - who put faith in the budding online forms maker, pouring $118,000 into the venture back in 2006. Later, as WooFoo was compelled to raise additional capital, the company ingeniously integrated online payment processing options into its burgeoning online forms technology, a move that bolstered the popularity and utility of WooFoo Forms.

The impact of WooFoo's strategic decision to incorporate payment options into its forms was considerable. The company reported that the volume of transactions processed through WooFoo Forms exceeded $100 million, a testament to the efficacy and reliability of WooFoo's platform.

With the acquisition now in full swing, both SurveyMonkey and WooFoo have pledged to collaborate closely, aiming to amplify their services and penetrate new markets. This expansion strategy will particularly focus on non-English speaking countries, a move that will leverage the global popularity of WooFoo Forms and SurveyMonkey's expansive and scalable infrastructure. WooFoo's utilization of SurveyMonkey's resources is expected to bolster the build-out of its services, creating an even more robust online forms platform.

WooFoo has moved swiftly to assuage any concerns that its users may have about the acquisition. In a reassuring announcement, the company made it clear that there will be no significant changes in the business or the WooFoo Form services that have made it a staple in the industry.

As an avid user of WooFoo's services (including the complimentary ones), I can vouch for the user-friendly nature and simplicity of their online form creation tool. This ease-of-use, coupled with the high quality of WooFoo Forms, is undoubtedly a factor that has endeared WooFoo to its users and contributed to its success.

In closing, we extend our hearty congratulations to WooFoo. This acquisition marks an exciting new chapter in the company's history, and is certainly cause for celebration. As the saying goes - it's party time, WooFoo!