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Plaxo is an online address book and social networking service founded by Napster co-founder Sean Parker, Minh Nguyen and two Stanford engineering students, Todd Masonis and Cameron Ring. The company was named by David Weekly. Plaxo, based in Mountain View, California, is currently privately held and supported by venture capital including funds from Sequoia Capital. On May 14, 2008, Plaxo reported it had signed an agreement to be acquired by Comcast. Plaxo did not disclose the terms of the deal. In May 2008, the website reported 20 million users. Plaxo provides automatic updating of contact information. Users and their contacts store their information on Plaxo's servers. When this information is edited by the user, the changes appear in the address books of all those who listed the account changer in their own books. Once contacts are stored in the central location, it is possible to list connections between contacts and access the address book from anywhere. A Plaxo plug-in supports major address books including Outlook/Outlook Express, Mozilla Thunderbird, and Mac OS X's Address Book, though other ones can be supported through an application programming interface. Additionally, Plaxo can also be maintained through an online version.