Dropbox, Acquired docsend in document shared platform for $ 165 million | BRIDGE (Bridge) Technology & Startup Information
Dropbox, Acquired docsend in document shared platform for $ 165 million | BRIDGE (Bridge) Technology & Startup Information
By uavtechnology
28 Aug 22
Dropbox is strengthening corporate services and is integrating with business services such as Salesforce.Last year, he announced a partnership with Google, and gsuite users could save files on Dropbox.The acquisition of Docsend has been the second acquisition for Dropbox in recent years, following the acquisition of the electronic signature startup Hellosign in 2019 for $ 230 million.
Both Docsend and Hellosign are related to the remote management and distribution of documents.In fact, Docsend has already incorporated an electronic signature function.DREWHOUSTON, a co -founder and CEO of Dropbox, is a press release, packaging Dropbox, Docsend, and Hellosign as a "end -to -end suite" including collaboration, sharing, and electronic signatures.He states that it is a plan to manage the workflow from the beginning to the end.
It has been revealed that Dropbox has accessed the data required to determine which product in the ecosystem is most valuable as a completely integrated function.Dropbox has expanded the extension program to support a number of business apps, and since 2019, has provided integrated docsend.The extension program was originally started in 2018, and two months later, it was providing integration functions, including the startup Hellosign acquired by Dropbox.
Docsend already has more than 17,000 customers, including well -renowned companies such as AirTable and Gartner, so Dropbox can make market share easier by performing cross -cells and upsels in their products.See.
Docsend has rarely changed before the acquisition is completed in the second half of this month, and Dropbox has not clarified what will happen to Docsend as a standalone product after the acquisition.
The spokeswoman commented on Venturebeat as follows: