Xmarks Is Shutting Down

Last Monday, Todd Agulnick, Co-Founder and CTO of Xmarks, Inc. announced in a blog post that Xmarks, the firefox bookmark syncing add-on is shutting its doors within the next 90-days (within the end of 2010). The reasons include heavy competition and lack of investors. On Monday he wrote:

Image representing Xmarks as depicted in Crunc...
Image via CrunchBase

“Tomorrow, however, will hardly be anything but typical, for tomorrow one of our engineers will start a script that will email each of our users to notify them that we’ll be ceasing operations in around 90 days. This post attempts to summarize the Xmarks story: how we got to be the most heavily used browser synchronization service in the world and yet still find ourselves pulling the plug.”

Xmarks was one of my favourite add-on in Firefox. It saved me a lot of time and energy.  I’ll miss it a lot. I know that this day will coming , when Firefox release weave sync , But i didn’t think it would be so soon..

You can read more about this in Xmarks blog here.