Update
Sam Lessin from Drop.io was kind enough to point out I’d never met him and he wasn’t at FOWA. Turns out I was talking about Soup.io, not Drop.io. What’s in a name? Who has .io names anyways? Anyway, my (big) mistake. Sorry.
Don’t read this!
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I met (the) two guys working at Drop.io in October at FOWA and though they seems like nice guys - to be honest with you I just wasn’t that impressed with the service. In fact, at the conference there were some three other companies that were in ‘more or less the same space’. But hey, at the time I thought the only people on Twitter were 16-year old girls and nut balls. Now I’m a nut ball.
But if anything, they certainly were tenacious about their company and now it seems that’s paid off somewhat. They received $1.25M in funding. It’s not hundreds of millions, but they’ve certainly done a nice first round to keep themselves afloat.
I’d be interested in their user numbers. At the time of FOWA it was ‘a few hundreds’, but to be getting this kind of funding it must have exploded.
Drop.io Funded for $1.25M: “Drop.io, the hosting service that offers private online storage for media-sharing, has raised $1.25 million in a Series A round of funding, led by RRE Ventures. Managing Partner Stuart Ellman of RRE Ventures and Andrew Weinreich, CEO of Meetmoi, have joined Drop.io’s board of directors. The funding will be used for further development to the company’ infrastructure.”
via Mashable!

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