To further expand its services, cloud storage service provider Dropbox has continuously acquired two innovative enterprises: one is cloud storage photo service provider Loom, and the other is file-sharing innovation company Hackpad.
Since 2012, Dropbox has been carrying out small-scale acquisitions and the pace of acquisitions has been accelerating. In 2012, Dropbox acquired two companies and 4 companies in 2013, and Dropbox has bought 4 companies so far this year.
Loom, who was funded by the venture, announced in Thursday that the company's development team would be merged into Dropbox and would no longer accept registration from the new user and would be permanently closed after May 16. After joining the Dropbox, loom old users will get the Dropbox storage space with the current equivalent capacity. However, if you are unwilling to transfer the loom data to the Dropbox server, users may choose to package the old photos into a. zip file to mail to the specified mailbox.
Loom, headquartered in San Francisco, recently launched its paid photo service last October. Loom has raised 1.4 million of billions of dollars before, including Google (Weibo) VCs, Tencent Holdings, Oaks Venture Capital, Overbrook Entertainment and some individual investors.
Loom can be compatible with iphone and ipad devices, and can synchronize data from different devices to the user's loom space. Loom also supports access to albums, so users can organize their albums through loom. In addition to using loom sync on the iphone and ipad, you can access your loom space by using the Mac app to log in to loom. Loom is very similar to Dropbox, unlike loom, which is stored in photos and video, and the price is cheaper than Dropbox.
Hackpad, based in San Francisco, said in an official blog that the service would continue to operate after the Dropbox acquisition. Hackpad services allow users to collaborate and share files. Hackpad and loom are both disclosing details of the acquisition.
Earlier this year, Dropbox from Blackstone Group, T. Rowe Price, Morgan Stanley and other hands to raise 350 million of billions of dollars, the company's valuation reached 10 billion U.S. dollars. Dropbox's investors also include venture capital company Accel, Benchmark, Greylock, institutional Venture, Sequoia Capital and investment bank Goldman Sachs.
The following is a list of innovative companies Dropbox previously acquired:
· tapengage,2012 July, San Francisco advertising/marketing Company
· Snapjoy, December 2012, Colorado State Multimedia/streaming software company
· orchestra,2013 March, California State Palo Alto e-mail/information company
· ENDORSE,2013 year July, California State San Mateo Shopping Auxiliary Company
· TERRARIUM,2013 year November, Boston Shopping Aid Co.
· PICLOUD,2013 year November, Boston Software Development Tools Inc.
· Readmill network,2014 Year March, Berlin Electronic reading Application Co., Ltd.
· zulip,2014 March, Massachusetts working Chat tool developer