Wednesday morning, the new mobile app Mustbin launched on Apple’s App Store with an extremely impressive, Boston-based pedigree. Founded by Brian Shin, CEO and founder of Visible Measures, Mustbin debuts with $4.5 million in Series A funding led by DAG Ventures, with participation from General Catalyst Partners, Mohr Davidow Ventures, Northgate Capital, as well as Hubspot Co-founder Dharmesh Shah and Jonathan Kraft, among other angel investors.
The free Mustbin app was designed natively for iOS 7 and allows users to securely capture, organize and share the information most important to them.
Using the camera on an iOS device, users take pictures of physical documents or properties and store them digitally in the cloud. Anything from credit cards to mortgage documents to pictures of your vacation to Rome can be stored, accessed and shared instantly from your iPhone or iPad.
“Between the struggles I’ve had keeping track of non-digital information like legal docs, major purchases, insurance forms, contracts, warranties and more, as well as friends that have lost vital documents in disasters like Super Storm Sandy, I came to the realization that Mustbin was a product that needed to exist in the world,” Shin, whose official title is Founder and Chairman, told BostInno. “I am proud of the team for making it happen!”
To provide peace of mind, every file you store with the app is protected by Bincryption’s military-grade, AES-256 encryption.
Regarding the funding, Shin said in this morning’s press release:
We feel especially honored to have such incredible support from a phenomenal group of investors that I have known for years. Our vision for Mustbin is to help people securely organize and share what matters most to them. This funding gives us the runway to build toward this future.
In addition to Shin, the founding team includes VP of Engineering Satyender Mahajan, who extensive experience in mobile and is a Co-founder and former CTO of Motus Corporation.