Dropbox, 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