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Article: Drop.io Completes Second Round of Investment Led by DFJ Gotham, Joining Existing Investor RRE Ventures.

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PR Newswire
Article date:
March 10, 2008
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Announces Formation of Advisory Board, Release of Site Enhancements

NEW YORK, March 10 /PRNewswire/ -- Drop.io, Inc. (http://drop.io/), the simple private exchange platform, announced today that it closed a $2.7M Series A-1 financing led by New York venture capital firms DFJ Gotham and RRE Ventures. The capital will be used to support Drop.io's continued infrastructure and engineering team growth, as well as some expanded marketing efforts. Jed Katz, Managing Director of DFJ Gotham, will be joining Stuart Ellman, Managing Partner at RRE Ventures, Andrew Weinreich, founder of Sixdegrees.com and CEO of Meetmoi, and Sam Lessin and Darshan Somashekar, the founders ...

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