![]() Now there is less hope that companies will get past a Series A so angels are more reluctant. Mimran: The market was a lot more responsive when we raised our initial round. Why was this a particularly good time to raise funding? SUB: You recently raised $800,000 in Seed funding. However, our messaging DNA is still visible in the product, as you can see. It allowed us to shed a lot of product weight, move faster, and put our energy towards something that solves an immediate and pervasive pain point. Our users, some of which were photographers, loved that one specific feature, so we decided to narrow our focus and build a reduced version of our original product, but as a Mac app. We had a lot of great features, one of them was unlimited file attachment support. It was previously a smart email client for iOS. SUB: When was the company founded, what was the inspiration behind the idea, and what were the first steps you took in establishing it? No need to pull up a webpage to login no need to hunt for an email address in your address book to then paste it somewhere else and most of all, no need to wait for the upload to finish-it completes in the background after you press send. The Minbox user experience is minimal, responsive, and carefully crafted around the needs of people who share frequently, specifically creatives such as photographers, designers, videographers,-GoPro users love Minbox-architects, and more. Mimran: The biggest difference between us and our competitors is our focus on design. SUB: What differentiates Minbox from the competition? The cloud-storage space is focused on ‘backup’ and ‘sync,’ but a large component is neglected-that’s ‘send.’ We all send files on a daily basis and believe there are still too many pain points associated with the process-we’re focused on easing that pain. ![]() If users want to store files beyond 30 days, we ask them to upgrade to Minbox Pro-coming soon. We let users send big files as often as they want, all for free. We offer a free solution for sharing files-just like they do-but we don’t have storage limitations. Mimran: Our closest competitors would be Dropbox and Yousendit. SUB: Who do you consider to be your competition? Anyone who has to share files on a regular basis via email and hates having to deal with the mess that comes with other services. Mimran: We’re targeting creative professionals like photographers, videographers, designers, musicians, architects, illustrators, etc. SUB: Who are your target markets and users? No more waiting for the upload to complete no more accepting shared folder invites that take up space on your hard drive or in your Dropbox folder. Mimran: Minbox, a beautifully designed Mac app, let’s you send files of any size in seconds-all for free. ![]() ![]() SUB: Please describe Minbox and your value proposition. Investors include Rho Ventures, Correlation Ventures, George Zachary of Charles River Ventures and Dave Cohen of Bullet Time Ventures. The company’s service launched earlier this week after closing an $800,000 Seed funding round. A Q&A with Minbox co-founder and CEO Alexander Mimran. ![]()
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