Saturday, March 16, 2013

Mailbox Cost Dropbox Around $100 Million

mailDisrupt alumnus Dropbox made the second in a series of super-savvy, super-early stage acquisitions today, picking up hyped-up email management app Mailbox in an acquisition that we're calling "DropMail." We had been hearing that Mailbox was raising money, piquing the interest of Andreessen Horowitz among others, which is why today's news that the company sold to the harmoniously named Dropbox didn't come as a surprise. Sometimes an acquisition is the easiest way to raise resources for growth -- especially when you're tackling?as expensive a problem as email. And have a six-figure wait list.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/zUcZGKWu19A/

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