San Francisco: San Francisco based web-based file hosting service Dropbox has made its first acquisition by gulping collaboration startup Cove. As part of the acquisition, the co-founders of Cove, Aditya Agarwal, Ruchi Sanghvi, Akhil Wable, and Joshua Jenkins all be joining Dropbox, with Agarwal and Sanghvi playing senior roles.

According to Drew Houston, Co-Founder & CEO, Dropbox, “Building a world-class engineering organization is a top priority for us; the team at Cove represents some of the best talent in the Valley and we look forward to the technology, skills and perspective they will bring to Dropbox.”

Cove was founded in 2011 by the former Facebook executives. It has raised $2.1 million funding from Dustin Moskovitz, Founder of Facebook, and an early Facebook employee Adam D’Angelo, among others. Houston has known Agarwal and Sanghvi since their time at the social networking site. The company is in a process of building its own backend infrastructure which would be aligned with Dropbox.

“Dropbox has built a really simple and powerful product with a small team, despite complex technical challenges that exist under the hood. The long-term product vision for Cove and Dropbox are very much aligned and the infrastructure we’ve built at Cove can be utilized at Dropbox. We are excited about this opportunity because it will enable us to contribute early on at a company that will clearly continue to have a big impact on people’s lives,” says Aditya Agarwal, Co-Founder, Cove.

Prior to founding Cove, Agarwal was the Director of Engineering at Facebook. He also co-authored the open-source RPC framework Thrift. Prior to Facebook, he worked on self-healing databases at Oracle. Agarwal holds Bachelor’s and Master’s degrees in Computer Science from Carnegie Mellon University.

An online file storage company, Dropbox was founded in 2007 by Drew Houston and Arash Ferdowsi. It has raised a total of $257.2 million in funding from Sequoia Capital, Accel Partners, Index Ventures, Benchmark Capital, Goldman Sachs, Greylock Partners, Institutional Venture Partners, RIT Capital Partners, Valiant Capital Partners, Hadi and Ali Partovi, among others.