Dropbox

Dropbox

Cloud storage and file synchronization services

About Dropbox

Simplify's Rating
Why Dropbox is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Enterprise Software

Cybersecurity

Company Size

1,001-5,000

Company Stage

IPO

Total Funding

$590.7M

Headquarters

San Francisco, California

Founded

2007

Overview

Company Historically Provides H1B Sponsorship

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.

YC Company
💵
Funded Recently
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Simplify's Take

What believers are saying

  • 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.

What critics are saying

  • 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.

What makes Dropbox unique

  • 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.

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Funding

Total Funding

$590.7M

Above

Industry Average

Funded Over

8 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

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

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

4%

2 year growth

0%
Investing.com
Dec 11th, 2024
Dropbox secures $2 billion loan and initiates buyback By Investing.com

Dropbox secures $2 billion loan and initiates buyback

Business Wire
Nov 26th, 2024
Halcyon Closes $100M Series C Funding Round at $1 Billion Valuation to Protect Society from Ransomware Disruption

Halcyon, a leading platform designed from day one to defeat ransomware, today announced it has closed $100M in Series C funding led by Evolution Equit

Silicon Florist
Aug 20th, 2024
Dropbox Acquires Reclaim.ai for $13M

Dropbox has acquired Portland-based AI startup Reclaim.ai, known for its intelligent calendar management solutions. Reclaim.ai had raised over $13 million to date, according to Crunchbase. Terms of the deal were not disclosed. For more details, read “Reclaim is joining Dropbox (and a note from our founders).” Published by Rick Turoczy, founder and editor at Silicon Florist.

The SaaS News
Aug 9th, 2024
Bardeen Raises $3 Million in Funding | The SaaS News

Bardeen Raises $3 Million in Funding

TechCrunch
Jul 24th, 2024
Lakera, which protects enterprises from LLM vulnerabilities, raises $20M | TechCrunch

Lakera, a Swiss startup that helps enterprises protect generative AI applications from malicious prompts, has raised $20 million.

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