Dropbox Inc on Friday announced that it has bought Mailbox, a hot startup devoted to making it simpler to deal with email overloads. 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.
A Mailbox application for organizing and managing Gmail on Apple iPhone or iPod Touch devices became an instant hit after it was made available last month on a first-come, first-served basis to those on a reservation list.
Mailbox has been quickly ramping up service capacity, but the waiting list remains long.
“Rather than grow Mailbox on our own, we’ve decided to join forces with Dropbox and build it out together,” the Mailbox team said in a blog post.
“To be clear, Mailbox is not going away. The product needs to grow fast, and we believe that joining Dropbox is the best way to make that happen.”
More than 100 million people use San Francisco-based Dropbox to store digital photos, documents, or videos in the Internet ‘cloud’ with the ability to access online from any computers, according to Mailbox.