Dropbox

Cloud storage and file synchronization services

San Francisco, California, United States

About Dropbox

Dropbox provides cloud storage and file synchronization services that allow users to store, share, and collaborate on files from anywhere in the world. Its platform is designed for individuals, small businesses, and large enterprises, making it especially useful for remote work and distributed teams. Users can choose from various subscription plans, including free basic accounts and premium options with more storage and advanced features. Dropbox stands out from competitors like Google Drive and Microsoft OneDrive due to its user-friendly interface, strong security measures, and emphasis on collaboration tools. The company aims to enhance its offerings through strategic partnerships and acquisitions, such as DocSend for secure document sharing and HelloSign for electronic signatures, to provide comprehensive solutions for its users.

San Francisco, CaliforniaHeadquarters
2007Year Founded
$590.7MTotal Funding
IPOCompany Stage
Enterprise Software, CybersecurityIndustries
1,001-5,000Employees

Benefits

Competitive medical, dental & vision coverage
Competitive 401(k) Plan with a generous company match & immediate vesting
Flexible Time Off/Paid Time Off
11 Company-wide PTO days
Volunteer time off and more
Life Insurance, Disability Insurance & Travel benefit plans
Perks Allowance
Parental benefits
Mental Health & Wellness benefits
Free Dropbox space for your friends and family

Risks

Reclaim.ai acquisition may face integration challenges, leading to potential financial losses.
Recent data breach could result in financial penalties and reputational damage.
Intensifying competition from new entrants may impact Dropbox's market position.

Differentiation

Dropbox offers a user-friendly interface with robust security features.
The acquisition of Reclaim.ai enhances Dropbox's AI-driven productivity tools.
Dropbox's strategic partnerships expand its service offerings and market reach.

Upsides

Increased demand for remote work solutions boosts Dropbox's core offerings.
Reclaim.ai acquisition enhances productivity tools, attracting more business users.
Growing importance of cybersecurity presents an opportunity for Dropbox's security features.

Funding

Total raised$590.66 M
Latest valuation$11.00 B
StageIPO
POST IPO DEBT
11/30/2024
$2.0 K
POST IPO EQUITY
5/31/2021
$800
$11.00 B
IPO
2/28/2018
$756
$9.20 B
SERIES A
10/31/2009
$6
$30.00 M