TechLaunch Company Raises $3.9 Million

One of TechLaunch’s portfolio companies’ wish list has apparently been granted this holiday season with a hefty $3.9M investment from a group of unnamed angel investors. Inbox, a mobile messaging application which originated from a Fairleigh Dickinson University Startup Weekend, was selected to participate in the TechLaunch 2 program of New Jersey’s premier technology accelerator, thus gaining the training and traction to generate investment interest from a wide variety of angels and venture capitalists. This raise is inclusive of the previously announced raise of $1.1M. The fund is meant to go towards helping the company grow its product, engineering, and customer service teams now that it has gained a steady user base internationally.

TechLaunch Founder, Mario Casabona observed, “The success of Inbox gives us great satisfaction, both from a mentoring as well as an investment perspective, and it will go a long way to communicate the inherent value of the TechLaunch accelerator model to other bright, aspiring tech entrepreneurs with a dream and the drive to pursue it.”

Formed in collaboration with the NJ Economic Development Authority (EDA) ( and NJ Angel investors, TechLaunch, an investor led Technology Accelerator, was created in 2012 to drive the commercialization of emerging technology created by aspiring entrepreneurs.

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