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Dropbox Looking To Acquire Start-Up App Mailbox

mailboxDropbox, a free service that lets users bring their photos, docs, and videos anywhere and share them easily, announced Friday that it would buy the popular email management start-up app – Mailbox. This attempt to aggressively purchase the start-up indicates Dropbox may be ready to expand to something bigger than just file storage.

According to Mercury News, Mailbox was created by a team led by Scott Cannon and Gentry Underwood, who had raised $5.5 million in venture capital funding from Charles River Ventures and others.

“After spending time with Gentry, Scott, and the team, it became clear that their calling was the same as ours at Dropbox-to solve life’s hidden problems and re-imagine the things we do every day,” Dropbox co-founders Drew Houston and Arash Ferdowsi said in a blog post. “We all quickly realized that together we could save millions of people a lot of pain.”

Source: Mercury News

Megan Bildner

Megan is currently the Jr. Editor of the Daily Deal Media and Digital MI sites with Mogul Media. Here, she is responsible for the site's content and publication. Along with these tasks, Megan also engages with the DDM & DMI audience through social pages/groups/tweets. When she is not working on the DDM & DMI sites Megan enjoys tweeting, traveling, snowboarding, hiking, and socializing with her friends. She grew up in Michigan's Clarkston and Lake Orion and loves being on the lake, boating, and wake-boarding. You can follow her @MeganBildner or e-mail her at megan@mogulmedia.com
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