Salesforce.com Acquires Clipboard

Salesforce.com (NYSE: CRM) has acquired Clipboard, a Bellevue, a Washington-based provider of tools to organize the user’s online life.

The amount of the deal was not disclosed.

Following the acquisition, the company’s service at clipboard.com (along with all of its associated apps and extensions), which has been used by 140,000 people who created 3m clips, will be closed on June 30, 2013. Until the final day, existing users will be able to export their clips for offline use.

Clipboard’s CEO, Dr. Gary Flake (have a look at his clipboardĀ here), will be taking a position within salesforce.com as VP of Engineering. The company’s core engineering and design team will be joining salesforce.com as well, working out of salesforce.com’s Seattle office and reporting to Flake.

Backers included Acequia Capital, Andreessen Horowitz, Atlas Accelerator, Betaworks, Blake Krikorian, Code Holding, Crunch Fund, DFJ, First Round Capital, Founders Co-op, Index Ventures, Kevin Johnson, Scientia LTD, SV Angel, Ted Meisel, Tentpole Ventures, Vast Ventures and Vivi Nevo.

FinSMEs

10/05/2013

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