Joshua Baer, serial entrepreneur, announced today that Return Path has acquired his 5 year old startup OtherInbox.
The terms of the deal were not disclosed.
Baer will remain as chief executive officer and Return Path will operate OtherInbox as a wholly owned subsidiary and all employees get to keep their jobs, according to its news release.
“We are delighted to have the OtherInbox team members join the Return Path family in our common goal of making email work better and end messaging abuse,” Matt Blumberg, CEO of Return Path, said in a news release.
AustinStartup is reporting that Return Path will keep the OtherInbox team in Austin and double its size in 2012. Its also reporting that the team will move “into new offices that will fit 40+ people. Baer will operate the OtherInbox subsidiary, and join the executive team at Return Path, working on innovative new products for the company.”
OtherInbox launched in September of 2008 at TechCrunch50 in San Francisco. TechCrunch has this story on the acquisition.
OtherInbox creates products to automatically filter emails that might be considered spam and organizes email so that messages from real people get top priority.
OtherInbox now has more than 2 million users. It has raised $4 million in venture capital.
Isadora Vail, a special contributor to Silicon Hills News, recently did this profile on OtherInbox.