Published via Inbox: 2013-05-10 17:18:12
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To: jebb
May 9, 2013 23:43||Scientia INVESTED in them and they have to start over after Salesforce bought Clipboard...
While terms of the deal weren’t disclosed, we’re hearing that the final figure was in the “double digit millions” — UPDATE: We’re now hearing from a very, very solid source that the purchase price was $12 Million. Leading up to today, the company had raised $2.5M from Andreessen Horowitz, Index Ventures, CrunchFund, SV Angel, Betaworks, DFJ, First Round and others.
Wondering what the heck Clipboard is — or, soon, was? Not unlike Pinterest, Snip.it, or the myriad other web clipping services that popped up around 2010/2011, Clipboard let you highlight things from around the web and “clip” them into a digital storage locker for later perusal. Once in their backend, clipped content could be annotated, shared, or just browsed at a later date. Given the similarities to existing services like Pinterest and Evernote, both with huge traction themselves, Clipboard had yet to find a substantially sized audience for its service.
"Scientia is very excited to support Clipboard, we have been impressed with the toolset it has created and we share a common vision for how collaboration will evolve," said Baron Steven Bentinck, chairman of Scientia Limited. "The potential for educational markets with Clipboard is immense, the company's powerful features allow for first-of-a-kind collaboration around research, classwork, projects and more from across the web."
