MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--LifeSite™ announced today that they have closed an asset purchase agreement with Boston-based mobile app company, Mustbin.
The award-winning digital vault company, LifeSite, has signed a deal to acquire Mustbin’s technology assets and upgrade Mustbin users to LifeSite Vault, delivering on the company’s vision to help people securely organize and share key information and documents.
LifeSite Vault provides enhanced functionality across multiple platforms (on desktop, mobile and Amazon Echo) for Mustbin users, including: dozens of categories and data fields for improved organization, permission-based sharing, reminders and an integrated “point and shoot” mobile scanner. Users will also enjoy industry-leading security including end-to-end layered encryption, multiple factors of authentication, and a world-class “lights out” data center.
“Mustbin has done a fantastic job providing easy-to-use digital storage for an individual’s vital information,” said Chris Wong, LifeSite Chairman and CEO. “We are aligned in our mission to provide a solution to those struggling to keep track of an ever-growing amount of information and paper records, and pleased to welcome all Mustbin users to LifeSite Vault.”
“Mustbin was designed around a central idea: How can individuals organize all their information and be prepared for when they need it?” said Brian Shin, Mustbin founder and Chairman. “We have found the perfect partner in LifeSite to forge ahead answering the question and achieving our mutual goal of helping individuals and families around the world manage their life’s information.”
Mustbin communicated today with its users providing details about the transition process, upgraded features in LifeSite Vault and the benefits of LifeSite. During the transition period, the Mustbin service will continue to be available. Once migration has been completed, Mustbin will be retired as a standalone mobile app.
The inaugural LifeSite Vault was introduced in November 2015, followed by its companion mobile app with integrated categorization, collaboration and “point and shoot” document scanning functionality. LifeSite Pro, the enterprise solution which made its debut in October 2016, helps financial advisors increase client engagement while providing secure collaboration for families, and has been praised as a “top technology for small business” thanks to its documentation capabilities and engagement analytics.
"The Mustbin app was created as a digital safe haven for everything important in your life,” says Mustbin CEO Satyender Mahajan. "We are pleased to pass the torch to LifeSite to provide an advanced solution and secure new home for your information."
About LifeSite
The 2017 financial technology “Consumers’ Choice” winner at AARP Innovation@50+ and a Red Herring “Top 100” North America winner, LifeSite provides secure, convenient, and smart digital vault solutions to help individuals, families and “life networks” store, organize and access the most important information in their life, anytime and anywhere. LifeSite combines secure file access and controlled, permission-based sharing with high-level document encryption and security, to provide safe and smart web-based storage solutions. Based in Mountain View, CA, LifeSite was created to inspire and empower people by connecting their head and their heart – providing personal peace of mind today, and for family and loved ones tomorrow. www.lifesite.co
About Mustbin
Mustbin introduced its mobile app of the same name in November 2013, with military-grade encryption and patented technology, to capture and organize vital information. Mustbin was founded by Brian Shin and backed by leading venture capital firms and angel investors.
