Dropbox Acquires Endorse

Endorse, a San Mateo, CA-based free mobile app that gave consumers offers on brands whenever they shopped in their favorite stores, was acquired by Dropbox.

The amount of the transaction was not disclosed.

Founded in November 2010 by CEO Steve Carpenter and CTO Erik Klein, Endorse provided a platform that allows consumer product companies to market at the individual shopper level and shoppers to earn rewards for staying loyal to their favorite brands.

The company was backed by Accel Partners and SV Angel (read here).

FinSMEs

29/07/2013

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