Drop.io, a small startup that offers innovative file sharing service announced that it has been acquired by Facebook. Drop.io is a New York based startup founded by Harvard Graduate Sam Lessin in 2007. Drop.io describes itself as
fully realtime enabled. this means realtime rich-media streaming collaboration and chat like never before. in one click set up a drop, invite participants, and seamlessly exchange any media on the fly. With full mobile and third party client support, drop.io is the simplest way to collaborate with exactly whom you want how you want.
Announcing the acquisition, Drop.io said in its blog that Facebook has bought the drop.io technology and Sam Lessin is moving to Facebook. It also announced that, drop.io will be closing the service. Here is the full announcement
Here at drop.io, we’ve had a great three years helping people privately share pictures, video, audio, documents, andmore. It’s been a thrill to watch the first, thousandth, millionth, and ten-millionth drop be created.
Today, we’re proud to announce that we’ve struck a deal with Facebook. What this means is that Facebook has bought most of drop.io’s technology and assets, and Sam Lessin is moving to Facebook.
In the coming weeks, we’ll be winding down the drop.io service. As of this week, people will no longer be able to create new free drops, but you’ll be able to download content from existing drops until Dec. 15. Paid user accounts will still be available through Dec. 15 and paid users will be able to continue using the service normally. After Dec. 15, paid accounts will be discontinued as well.
Please download your information before Dec. 15 – we plan to delete it after that time. No user data or content will be transferred to Facebook, and we’ll send out e-mails to everyone to remind them about the service closing.
Other drop.io services like Presslift, our Yahoo! Mail Application, and our APIs will stay online for a longer period before the company winds down. We’ll announce more details on that soon. However, starting immediately, we’ll no longer be selling new premium accounts for those services.
To our loyal users and fans, we cannotthank you enough for your patronage, support, and feedback (good and bad) over the years.
Warmest regards, The drop.io Team
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