Dropbox Acquires Mobile E-mail Service Mailbox for $100 Million


According to The Next Web — and just about everyone in the Twittersphere — Dropbox has acquired mobile e-mail service Mailbox, in addition to hiring the 13-person team from Orchestra, the Palo Alto company which makes the app.

Mailbox will remain as a stand-alone feature, according to a blog post on the Dropbox website, where CEO Drew Houston explains how Mailbox has a similar mission as Dropbox and fits the company culture perfectly.

Mailbox is a task-management system for mobile e-mails, allowing users to choose whether to archive a message, delete it or ‘postpone’ the message until much later — essentially making it easier to put off reading certain e-mails. The simple, speedy decision-making the app allows has gained it quite a following since launching in February — it has a ‘virtual waiting line’ with over 1.3 million reservations, and over 60 million e-mails are managed through the service daily.

According to TechCrunch, Orchestra had raised $5.3 million in a Series A round in November 2011. CEO Gentry Underwood has a degree in human-computer interaction from Stanford, as well as a masters in Counseling Psychology from Santa Clara University and a masters in Community Research and Action from Vanderbilt. We bet he’s not regretting following his previous social worker career goals right now.