Dropbox buys up DocSend for $116 million; strengthens document-sharing security

Dropbox and DocSend are both file-sharing platforms.


Faith Baltazar

11 Mar, 2021

Dropbox buys up DocSend for $116 million; strengthens document-sharing security | BEAMSTART News

- From our Sponsors -

American file hosting service startup Dropbox has announced that it will be buying DocSend for $116 million.

Dropbox offers cloud storage, file synchronization, personal cloud, and client software for its customers; it is also used to send and monitor confidential files by sending a secure link rather than an attachment.

On the other hand, DocSend is a company that also uses a link-based document sharing approach to keep companies` private data safe, especially in the aspect of a remote work environment.

“We’re announcing that we’re acquiring DocSend to help us deliver an even broader set of tools for remote work, and DocSend helps customers securely manage and share their business-critical documents, backed by powerful engagement analytics,” says Drew Houston, CEO of Dropbox.
The Dropbox App

In 2019, Dropbox also acquired HelloSign in order to employ its e-signature feature for the company to better keep the security of the documents.

Dropbox CEO Drew Houston mentioned in a statement that they are planning to integrate Dropbox, DocSend, and HelloSign together as an "end-to-end suite" to manage sensitive document workflows from start to finish.

“Our goal is to accelerate adding value through additional DocSend functionality as well as deeper integrations with Dropbox,” said a Dropbox spokesperson.

It is also worth noting that Houston and DocSend CEO Heddleston have a good working relationship with each other; Heddleston worked for Dropbox in 2010 as a summer intern.

- From our Sponsors -

Latest Jobs

Software Applications Developer ( Flutter ) UP TO $4500 / 5 DAYS

Oaktree Consulting

singapore, Singapore

Full Time

SGD 4000 — SGD 4500 monthly

Accounting Officer

Gallons & Grapes Pte Ltd

Tuas Shipyard, Singapore

Full Time

SGD 3000 — SGD 4000 monthly

Account Manager (Hybrid)

Pinkerton

New York, NY, United States

Full Time

Salary Undisclosed

Customer Service Representative

Gamer's Hideout Sdn. Bhd.

Dataran Prima, Petaling Jaya, Malaysia

Full Time

MYR 3000 — MYR 4000 monthly

GROCERY SHOPPER UP TO $11/H !THEY ORDER, YOU SHOP!

RecruitFirst

SIngapore, Singapore

Contract / Freelance

SGD 9 — SGD 11 monthly

English Technical/Legal Writer

Pacston Technology Group

Kuala Lumpur, Malaysia

Full Time

USD 20000 — USD 60000 monthly

[URGENTLY NEEDED] Portuguese to English Proofreader

Elite Asia

Malaysia

Contract / Freelance

Salary Undisclosed

Junior Accounts Cum Admin Assistant

LABEL-LINE CORPORATION PTE LTD

Kallang, Singapore

Full Time

SGD 1600 — SGD 1800 monthly

Head of Developers

TWGT

Manila, Philippines

Full Time

USD 2000 monthly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2022 BEAMSTART. All Rights Reserved (Legal).