Dropbox Inc to acquire email management startup

SAN FRANCISCO (Reuters) – Dropbox Inc said on Friday it would buy the startup behind the hot email management app Mailbox, signaling its intent to aggressively expand its features beyond file storage. Terms of the deal were not disclosed. 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. …

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