Tech Company Financing Transactions
Drop.io Funding Round
Drop.io secured a $1.5 million Series A funding round on 3/10/2008. Backers included DFJ Gotham Ventures, private investors and RRE Ventures.
Transaction Overview
Company Name
Announced On
3/10/2008
Transaction Type
Venture Equity
Amount
$1,450,000
Round
Series A
Investors
DFJ Gotham Ventures (Lead Investor) (Jed Katz)
RRE Ventures (Stuart Ellman)
Proceeds Purpose
The capital will be used to support Drop.io's continued infrastructure and engineering team growth, as well as some expanded marketing efforts. This the final tranche to complete the series A round.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
68 Jay Street 413
Brooklyn, NY 11201
USA
Brooklyn, NY 11201
USA
Phone
Website
Email Address
Overview
Drop.io provides a private place for storing and sharing photos, video, audio, notes, docs, etc. Each is accessible only to those whom you tell exactly where to look.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sam Lessin
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here come from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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