.

Bono and the Edge Invest in Dropbox

U2 bandmates back file-sharing service

April 3, 2012 8:50 AM ET
The Edge and Bono
The Edge and Bono attend the Toronto International Film Festival.
Sonia Recchia/Getty Images

U2's Bono and the Edge have become investors in the file-hosting service Dropbox, the company announced on Twitter yesterday. A photo posted along with the announcement shows the musicians hanging out with the company's co-founders Drew Houston and Arash Ferdowski and Ali and Hadi Partovi, the founders of iLike and early investors in Dropbox.

Dropbox is a service that provides users with online file storage, but unlike many other similar services such as Mediafire and the recently shuddered Megaupload, it is designed to be a tool of collaboration rather than something that facilitates the sharing of copyrighted works. Bono and the Edge are just two of several high profile investors in the company, along with Goldman Sachs, Greylock Partners, Benchmark Capital, Institutional Venture Partners, RIT Capital Partners and Valiant Capital Partners.

To read the new issue of Rolling Stone online, plus the entire RS archive: Click Here

prev
Music Main Next

blog comments powered by Disqus
Daily Newsletter

Get the latest RS news in your inbox.

Sign up to receive the Rolling Stone newsletter and special offers from RS and its
marketing partners.

X

We may use your e-mail address to send you the newsletter and offers that may interest you, on behalf of Rolling Stone and its partners. For more information please read our Privacy Policy.

Song Stories

“Bleeding Love”

Leona Lewis | 2007

In 2008, The X Factor winner Leona Lewis backed up her U.K. singing competition victory with an R&B anthem for the ages: "Bleeding Love," an international hit that became the best-selling song of the year. The track was co-penned by OneRepublic's Ryan Tedder (whose radio dominance would continue with songs such as Beyonce's "Halo" and Adele's "Rumour Has It") and solo artist Jesse McCartney, who was inspired by a former girlfriend, Gossip Girl actress Katie Cassidy. Given the song's success, McCartney didn't regret handing over such a personal track: "No, no," he said. "I'm so happy for Leona. She deserves it. There are really no bad feelings."

More Song Stories entries »
 
www.expandtheroom.com