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- In 2016, Airbnb bought Minbox, a tool for syncing files across cloud storage services like Google Drive and Dropbox, an Airbnb spokesperson confirmed to Business Insider.
- The previously unreported purchase was one of several quiet acquisitions by Airbnb in 2016.
- Airbnb did not say how much it acquired Minbox for or how it has integrated Minbox's team and technology.
- Airbnb has acquired more than two dozen startups in its journey toward becoming a public company, which it said it plans to do in 2020.
- Visit Business Insider's homepage for more stories.
Airbnb, in a previously unreported May 2016 transaction, bought a small cloud service startup called Minbox, an Airbnb spokesperson confirmed to Business Insider.
Minbox let users sync files across multiple cloud service providers like Dropbox, Google Drive, Box, Evernote, Slack and OneDrive. Started in 2013 by Alexander Mimran, Michael Lawlor, and Simon Fletcher, the company raised a seed round of $800,000 from Correlation Ventures, Rho Ventures, and other individual investors, according to the Wall Street Journal.
See the rest of the story at Business Insider
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See Also:
- Airbnb quietly acquired property management startup Proprly in 2016
- Here are all the companies Airbnb has acquired to help it grow into a $31 billion business
- As Airbnb prepares to go public, here are the five things things investors will be focused on
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