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the company was founded in 2007 as a startup company with initial funding from Y Combinator. You can now seamlessly import documents into DocSend from your Dropbox, Box, Google Drive, OneDrive, Sharepoint, and Egnyte accounts. it is operated by Dropbox, Inc., it has its base of operations in San Francisco, California, and it offers file synchronization, client software, and cloud services like, personal cloud and cloud storage. In a post, Drew Houston and Arash Ferdowsi explained that they’ll be using what they’ve learned from Mailbox to build new ways to communicate and collaborate on Dropbox About Dropboxĭropbox is a leading service provider for file hosting services. ![]() later Mailbox CEO stated that they are still struggling to keep up with the demand from those who want to use it, and Dropbox CEO Drew Houston stated that they felt that they could help Mailbox reach a much different audience much faster.īut in December 2015, Dropbox announced that they are shutting-down Mailbox. Dropbox (NASDAQ: DBX), the file-sharing and content collaboration platform, announced last week that it would be acquiring DocSend, a secure document-sharing and analytics. The cloud storage company will acquire DocSend for 165m in cash and the deal is expected to close during the first quarter of this year following regulatory approval and closing conditions. as per the deal, the developers of Mailbox joined Dropbox keeping Mailbox running as a stand-alone app. Dropbox acquires DocSend for 165M Dropbox already acquired electronic signature company HelloSign in. Dropbox to acquire secure document sharing startup DocSend for 165M Posted on Maby DREAMTECH Dropbox announced today that it plans to acquire DocSend for 165 million The company helps customers share and track documents by sending a secure link instead of an attachment. In February, competitor Box struck a deal to buy e-signature start-up SignRequest for $55m.In March 2013, Dropbox acquired a popular email app Mailbox for reportedly with $100 million, Mailbox CEO Gentry Underwood stated that rather than growing mailbox on their own they have decided to work with Dropbox and build it out together with them. “By joining Dropbox, we’ll be able to rapidly scale, bringing our vision and capabilities to the hundreds of millions of people around the world who already trust Dropbox with their most important content.”ĭropbox isn’t the only cloud storage provider looking to expand its market. DROPBOX DOCSEND 165M DOCSEND 17KMILLERTECHCRUNCH FULL“By bringing Dropbox, HelloSign and DocSend together, we’ll be able to offer a full suite of secure, self-serve products to help them manage critical document workflows from start to finish.”ĭocSend co-founder and CEO, Russ Heddleston, added: “As we’ve grown, we’ve realised that the ability to securely share content and engage with documents after they are sent offers powerful benefits to a variety of customer segments. DocSend currently has more than 17,000 customers.ĭropbox’s co-founder and CEO, Drew Houston, described DocSend as the “perfect complement” to Dropbox’s products, offering an end-to-end workflow for managing documents. In a blog post, Dropbox said DocSend’s customers can securely organise, manage and share their business-critical documents and content, while its analytics give users insights to better understand how viewers are engaging with their content.Īccording to Dropbox, this will give users “a layer of intelligence” on top of the scale and distribution of the Dropbox content platform. Or read more about how you can use Dropbox and DocSend together on our blog. DROPBOX DOCSEND 165M DOCSEND 17KMILLERTECHCRUNCH TRIALAlready a Dropbox user Easily enable the DocSend extension and start your free 14-day trial or click here to learn more about the DocSend extension and other partners that will be included. ![]() Having acquired e-signature company HelloSign in 2019 for $230m, Dropbox is expanding its reach in the online documents arena as the need for digital tools continues to rise.īased in San Francisco, DocSend was founded in 2013 and enables companies to share documents easily and offers real-time feedback. DocSend is now a Dropbox Extension Partner. The acquisition is expected to close in the first quarter of the company’s 2021 fiscal year. The cloud service provider, which has more than 700m registered users across 180 countries, has agreed to acquire document sharing and analytics company DocSend for $165m. The cloud service provider is expanding its reach in the online documents arena to compete with the likes of DocuSign and Box.Īs we hit the one-year anniversary of the mass movement to remote working, virtual meetings and online activities, Dropbox has struck a multimillion-dollar deal to strengthen its market position when it comes to online documents. ![]()
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