Pocket Announces VC Funding →

Nate Weiner:

We’re incredibly excited to announce today that we’ve raised a $5 million round of funding made up entirely of our existing partners, led by Steve Vassallo of Foundation Capital and joined by Steve Anderson of Baseline Ventures and Joe Kraus of Google Ventures. They are passionate about what we’re building, have been immensely helpful since joining us last year and now have doubled down on everything we plan to do together.

My love of Instapaper aside, I really don’t like relying on VC-backed apps. I’d rather pay money to a developer than trust that a company can keep their backers happy.