drop.io

United States
Silver Bay, Minnesota, United States, 11201

Company profile

drop.io company profile

Drop.io was a platform for simple private exchange. It enabled users to create simple private exchange points called "drops" which could be generated in as little as two clicks. Each drop could be accessed via the web, email, phone, fax, and widgets. The service had no email signup and no "accounts." Each drop was private and only as accessible as users chose to make them. Users could create multiple drops, add any type of media, and share or subscribe as they wanted through email and RSS. 100MB of storage was provided for free and tiered storage was provided at cost up to 25GB. In 2010, drop.io was [acquired by Facebook](http://techcrunch.com/2010/10/29/facebook-acquires-drop-io-nabs-sam-lessin/).

Business identity

Contact email
[email protected]
Operating status
Closed
Company type
For Profit
Employee range
11-50 employees
Revenue range
$0-$1M
Founded
2007-11-26

Headquarters

Postal code
11201
Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding stage
M And A
Funding rounds
3
Total equity funding
$8.8M
Last funding
Series Unknown / $4.9M / 2010-05-03
Last equity funding
Series Unknown / $4.9M
Investors
3
Lead investors
2
Founders
2
Articles
32
Closed on
2010-12-21
Exited on
2010-10-29

Founders and investors

Founders

Darshan SomashekarSam Lessin

Lead investors

Gotham VenturesRRE Ventures

Investors

Gotham VenturesRose Tech VenturesRRE Ventures