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Seattle-based Clipboard Acquired by Salesforce, Will Shut Down June 30th

In an email sent to users today Clipboard, a service similar to Pinterest for organizing links and bookmarks across the web, the company announced they have been acquired by Saleforce and will shut down the service on June 30th, 2013. The company has also posted a farewell announcement on their blog.

The email also states they acquired 140,000 users. The company raised a seed round of funding in October 2011 from Andreessen Horowitz, Index Ventures, CrunchFund and other angels.

Clipboard founder Gary Flake is a well known Yahoo! expat who lead their Yahoo! Research Labs following the Overture merger where he had been Chief Science Officer. Flake also spent time at Microsoft where he founded Microsoft Live Labs and served Technical Fellow. Given the lack of traction of Clipboard and the fact that the product is being shuttered, this acquisition appears to be focused on acquiring him and other talent from the team.

Read the full announcement here:

Clipboard Acquired by Salesforce

© Mattermark 2024. Sources: Mattermark Research, Crunchbase, AngelList.