Mustbin, a Boston-based app for organizing, storing and sharing vital personal information, has promoted Satyender Mahajan to CEO from chief technology officer. The firm’s backers include DAG Ventures, General Catalyst, Mohr Davidow Ventures and Northgate Capital.
BOSTON, Mass. (PRWEB) August 26, 2014
Mustbin today announced that its Board of Directors has appointed Satyender Mahajan as Chief Executive Officer and member of the Board of Directors. Mahajan was previously Chief Technology Officer of Mustbin.
“Saty has proven to be a strong leader and partner in building Mustbin into a digital safe haven for what’s most important,” said Brian Shin, Mustbin’s Founder and Chairman. “As our user base has grown, Saty has driven the engineering team and product development efforts in a big way. I felt that he was the best person to drive the company forward in our next phase of growth.”
Mustbin has enjoyed significant growth under Mahajan’s leadership. Since its launch in November 2013, tens of thousands of users have signed up for Mustbin, uploading hundreds of thousands of documents, and sending tens of thousands of secure messages.
“I joined Mustbin because I believe in the founding vision of a product that helps people and makes their lives better. We’ve been executing on that vision in an incredible way – and we’re just getting started,” said Saty Mahajan, Mustbin CEO. “My focus will be to continue delivering the best products to our rapidly increasing user base and ensure that millions of potential users learn how they can keep everything important in one place with Mustbin. I’m humbled by the privilege of working with an amazing founder like Brian, incredibly supportive investors, and the best team in the industry.”
Beyond significant growth since its launch, Mustbin has been recognized for its innovative approach to helping people save and share information privately and securely. In May, Mustbin won the MITX award for “Most Innovative Mobile App of 2014.” Mustbin is also a finalist for MassTLC’s “Most Innovative Technology: Mobile App” award, to be announced in September. Mustbin was also nominated as one of Boston’s Coolest Companies in August.
Mustbin has raised $6 million in venture funding to date. Investors include DAG Ventures, General Catalyst, Mohr Davidow Ventures, Northgate Capital, and angel investors Dharmesh Shah and Jonathan Kraft.
Mustbin is a free iOS 7 app that enables people put everything important in one place – with complete privacy and security. From its inception, Mustbin has been built with patent-pending technology, including end-to-end encryption and AES 256 encryption, so every photo, file, document, and communication in Mustbin is private and secure. For more information and to download Mustbin, please visit http://www.mustbin.com.
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