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Furl (from File Uniform Resource Locators) was a free social bookmarking website that allowed members to store searchable copies of webpages and share them with others. Every member received 5 gigabytes of storage space. The site was founded by Mike Giles in 2003 and purchased by LookSmart in September 2004. Diigo (a web annotation, social bookmarking & research tool website) bought it from LookSmart in exchange for equity.