Dropbox Acquires Loom Photo and Video Cloud Storage App

Dropbox Acquires Loom Photo and Video Cloud Storage App

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Loom, a photo and video cloud storage app, has announced that they've been acquired by Dropbox.

"We have some exciting news that we wanted to share with you. Loom is now officially part of Dropbox, and we couldn’t be happier to join forces!"

Here's the full announcement:

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We’ve been working hard to create a photo management solution for people just like us. People who have too many photos in too many places, taking up space, collecting dust on our phones, our computers and our external hard drives. It’s a big problem and a common one that many have been grinding hard to solve!

It’s been a long road and we feel that we have come a long way in solving this problem. We are elated to announce the next step in this journey: Loom is becoming a part of the Dropbox family. We look forward to this transition as the next step in creating a home for all of your photos and videos, seamlessly organized, while still keeping them at your fingertips. With Carousel, Dropbox has created a gallery for your life’s memories. It’s a single home for all your photos and videos, automatically organized and always with you.

So what does this mean for Loom? As of today, we are no longer enrolling new users. Existing Loom users can continue to use our service until May 16, 2014. And don’t worry, we want to do whatever it takes to make any transition as smooth as possible. You can export your data directly to Dropbox with no interruption in service. You will receive a follow-up email with more details and instructions. And if you switch to Carousel, you will receive the same amount of free space that you had on Loom on Dropbox, forever. If you were a paid user, you will receive the same quota on Carousel/Dropbox for free, for an entire year! Alternatively, you will be able to request a copy of your entire library, including all your albums, and original untouched photos/videos inside a zip file.
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More details on Dropbox's new Carousel photo and video gallery app for iPhone can be found here.

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Dropbox Acquires Loom Photo and Video Cloud Storage App
CalTowns - April 22, 2014 at 5:20am
It would be nice if they would come out with an announcement about price cuts. I use DriveHQ simply because I can't afford Dropbox.
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