Acquired by on October 29, 2010
Total Equity Funding
$8.75M in 3 Rounds from 3 Investors
Brooklyn, New York
Drop.io was a platform enabling users to create simple private exchange points called drops.
Education, Flash Storage, EdTech, File Sharing, Email, Finance, FinTech, Mobile

Company Details


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.

Funding Rounds (3) - $8.75M

DateAmount / RoundValuationLead InvestorInvestors
May, 2010$4.85M / Series C3
Mar, 2008$2.7M / Series A2
Dec, 2007$1.2M / Series A1

Products (2)

  • drop.io was launched in 1999
  • With Drop.io Location, you can assign a physical world address or location to any drop.io drop.

Competitors (4)

  • BlogTalkRadio is a site allowing people to set up a podcast or radio talk show over the web.
  • FileTwt operates as a Twitter-based online and personal file sharing service.
  • PI Corporation develops cloud-based software for personal information management and storage.
  • Sayagle is a location-based social networking marketplace that allows users to collaborate and communicate with friends and merchants.

Offices/Locations (1)

  • World HQ

    68 Jay Street #413

    Brooklyn, New York 11201

    United States

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