Salesforce has acquired Clipboard, a social bookmarking service that helps save rich Web content across devices, for a deal that is valued at over $10 million.
According to a report by All Things D, the deal is valued between $10 million to $20 million, although the actual price is still unknown.
Clipboard had raised about $2.5 million in seed funding from investors including Andreessen Horowitz, Index Ventures, CrunchFund, SV Angel and Betaworks. Sources say, while the deal was a successful outcome, it could also be attributed to today’s “Series A Crunch,” where raising additional money is a challenge.
Clipboard announced to its 140,000 users that the service would end on June 30 but users could download their data. Clipboard will shut down its tools and work towards adding similar functionality to Salesforce.
The average return rate in eCommerce is estimated at 17.6% for 2024. Nearly 1 in 5 products…
The Tech Panda takes a look at recent launches in the superfast field of Artificial…
The tech sector in India has been going from strength to strength in recent years.…
Experts are saying that organizations are inadvertently creating a new identity-centric attack surface through growing…
The Tech Panda takes a look at how India has been attracting foreign businesses from…
Patient records have long been a collection of handwritten notes, prescription slips, and test results,…
