Tag: #dropbox

Dropbox and NVIDIA Team to Bring Personalized Generative AI to Millions of Customers

Dropbox, Inc, announced a collaboration to supercharge knowledge work and improve productivity for millions of Dropbox customers through the power of AI. 

The companies’ collaboration will expand Dropbox’s extensive AI functionality with new uses for personalized generative AI to improve search accuracy, provide better organization, and simplify workflows for its customers across their cloud content. 

Dropbox plans to leverage NVIDIA’s AI foundry consisting of NVIDIA AI Foundation Models, NVIDIA AI Enterprise software and NVIDIA accelerated computing to enhance its latest AI-powered product experiences. These include Dropbox Dash, universal search that connects apps, tools, and content in a single search bar to help customers find what they need; Dropbox AI, a tool that allows customers to ask questions and get summaries on large files across their entire Dropbox; among other AI capabilities in Dropbox. 

“Recent advancements in generative AI are opening up a world of possibilities to improve knowledge work and address many of the pain points we all experience around organization, prioritization, and focus,” said Drew Houston, co-founder and CEO of Dropbox. “AI has the potential to offload routine tasks, unlock our creativity, and help us do more meaningful work. We’re excited to partner with NVIDIA and leverage their technology in new ways to deliver more personalized, AI-powered experiences to our customers.” 

“The arc of AI is expanding from cloud services into enterprise generative AI assistants that will drive the most significant transition in the computing industry to date,” said Jensen Huang, founder and CEO of NVIDIA. “Together, NVIDIA and Dropbox will pave the way for millions of Dropbox customers to accelerate their work with customized generative AI applications.” 

AI to Transform Knowledge Work 

Dropbox has long believed in the potential for AI to transform knowledge work. The company has been incorporating AI and machine learning into its core product experience for many years to help its customers do their most important work, save time, and be more efficient. 

NVIDIA has built flexible tools that will allow Dropbox to deliver new AI-powered capabilities and bring more intelligence to its customers’ content and workflows. Using NVIDIA AI Foundation Models and the NVIDIA NeMo ™ framework — an end-to-end platform for building, customizing, and deploying large language models —Dropbox can customize and fine-tune LLMs to provide more personalized and relevant information with all the security controls, privacy, and transparency millions of Dropbox customers have come to rely on. 

Dropbox can also increase inference performance for production AI with NVIDIA AI Enterprise software, including NVIDIA Triton Inference Server ™ and NVIDIA TensorRT ™ -LLM.

Dropbox Announces Web Redesign, Dropbox Studio & New Workflow Plans

Dropbox has announced a redesigned web experience, an all-in-one video tool Dropbox Studio, and three new workflow plans, along with the first investment partners of Dropbox Ventures.

A redesigned web experience to support all types of content and workflows

Dropbox is introducing a redesigned web experience to support the way its customers are working today and ensure the experience is easier than ever for customers to get work done — without ever leaving Dropbox.
The new redesign offers a cleaner experience for customers to organize their content, collaborate with team members, and seamlessly complete their most critical tasks with features like:
  • An updated left navigation streamlines the features customers need and includes an expandable folder tree to help them go directly to the content they need
  • A new action bar sits across the browser page to let customers quickly record their screen, edit PDFs, upload files, create folders, get signatures, or send and track documents
  • Redesigned file previews offer dynamic content previews, making it easier to edit images, videos, and PDFs
The new experience is available to select customers starting today and will roll out to existing customers in the coming weeks and months. To learn more, visit http://www.dropbox.com/product-updates.

Own the video process from start to finish with Dropbox Studio

Over the last few years, video has emerged as one of the fastest-growing content types on Dropbox’s platform with over 1.5 billion videos uploaded to Dropbox every year. To address the growing demand, Dropbox introduced new tools like Dropbox Capture and Dropbox Replay to make it easier to record, edit, and get feedback on videos. But customers need more—a single place where they can take videos from start to finish. That’s why the company is introducing Dropbox Studio, a video collaboration tool that lets you seamlessly create, edit, review, approve, and publish high-quality videos.
Dropbox Studio supports the entire video process with:
  • A centralized page for users to conveniently access and kick off video projects
  • Editing capabilities like trimming and splitting content or removing filler words like “um” and “ah” with one click
  • AI-powered features that let customers edit videos by modifying their transcript
  • A feature to easily remove filler words like “um” and “ah” with just one click
  • Time-stamped comments to make it simpler to resolve feedback in one place
  • A way to post videos directly to Facebook or Instagram
Dropbox Studio will be available in the coming weeks to select customers in alpha in English. To learn more and join the waitlist, visit https://experience.dropbox.com/form/studio.

Introducing Dropbox Essentials, Business, and Business Plus

Dropbox is also launching new one-stop-shop subscription plans with all the tools customers need to find and use their content from a single place, so customers can focus on building and growing their business.
  • Dropbox Essentials helps self-employed professionals save time, collaborate seamlessly, and build a business. It works with existing tools, so they can manage content from one place, whether they’re editing PDFs, collecting eSignatures, or tracking analytics on shared documents.
    • Dropbox Essentials plan is €22/month (inc. tax) per user for monthly subscribers; €18/month (inc. tax) per user for annual subscribers
  • Dropbox Business is built for teams and includes everything in the Essentials plan along with branded signature requests, pooled storage among team members, external sharing controls and reporting, and an admin console to manage teams. Soon, teams will also have access to share and track team content features and aggregated visitor analytics.**
    • Dropbox Business plan is €20/month per user for monthly subscribers; €16/month per user for annual subscribers
  • Dropbox Business Plus is for larger teams looking for more storage, easier ways to collaborate remotely, and enhanced security features. In addition to what’s included in the Business plan, Business Plus offers the ability to transfer up to 250GB, one year of version history and recovery, added security and notification features, and more.
    • Dropbox Business Plus is €24/month per user for monthly subscribers; €20/month per user for annual subscribers
  • **The products or features described above may not be released yet. The decision to purchase our services should be made based on features that are currently available.
The Dropbox plans are available to new customers starting today. Customers on existing plans will automatically get the new experience in the coming weeks and months at the same price. To learn more, visit https://www.dropbox.com/overview.

Dropbox Ventures makes investments in Aug X Labs and LlamaIndex

Dropbox is also announcing Aug X Labs and LlamaIndex as the first partners of Dropbox Ventures, a $50 million initiative to invest in startups that are building the next generation of AI-powered apps and tools. With Aug X Labs’ video creation tool and LlamaIndex’s data framework, Dropbox is supporting startups that are shaping the modern work experience through the power of AI.
No matter what tools or content customers work with, Dropbox is powering the modern work experience to help people do their best work. To learn more, visit https://blog.dropbox.com/topics/company/updated-tools-new-plans-and-web-redesign.

Dropbox is also announcing enhancements to its category of AI-powered products, with updates to Dropbox Dash and Dropbox AI. These updates are currently not available in Ireland, but will be coming soon to all users.

Over the last few years, knowledge work has radically transformed, and the pandemic lockdown ushered in a new era of hybrid, distributed, and remote work. While there were clear benefits, like flexibility and more control over when and how to work, this shift also came with challenges as digital environments became more chaotic, and information overload and context switching consumed our time. As a result, knowledge workers struggle to find focus and be productive. Dropbox aims to address these challenges, and design distributed work 2.0.
“Our digital environments were never designed to be our primary work spaces. People are experiencing information overload and disjointed workflows at unprecedented levels, leading to a waste of brain power on ‘work about work.’ AI has the potential to help people thrive by automating routine tasks, increasing productivity, and freeing up mental space so people can get back to doing the work that matters most,” said Drew Houston, co-founder and CEO of Dropbox. “We combined the best of remote and in-person work with our Virtual First model and transformed Dropbox into a lab for distributed work 2.0 to design the tools to power this new era. The updates we’re launching today are just the first step on this journey.”

Search across tools, apps, and content with AI-powered Dropbox Dash

Dropbox Dash is now available to download in open beta and includes enhancements that improve search functionality and help customers get answers. Dash is AI-powered universal search that connects to people’s apps, tools and content in a single search bar to help them find their content. It also features Stacks, smart collections for links that offer a quick way to save, organize, and retrieve URLs, and a start page to access universal search, view Stacks, get shortcuts to recent work, and start meetings, making it easier for customers to navigate the work day.
Now that work spans hundreds of tabs and apps between the desktop and browser, it is painstaking for people to find what they need. Dropbox introduced Dash to solve this problem and help people spend more time on important work.
After iterating on feedback from customers over the past few months, Dash now supports search by keywords—so customers don’t have to remember long titles—and semantic search, which provides more contextually relevant search results. Customers can also ask Dash a question and it will use generative AI to gather and summarize relevant info from connected apps, files, and content to get people answers, fast.
Dash is currently available in English only. To learn more about the product and global availability, visit https://www.dropbox.com/dash.

Dropbox AI offers summaries and answers from content across entire accounts

Dropbox AI initially launched in June with file previews to help customers summarize and get answers on large pieces of content, like long videos and audio files, contracts, and white papers. Now, customers can ask questions and summarize content across their entire Dropbox account. Simply ask a question in the Dropbox search bar, and in seconds, Dropbox AI will sift through content to pull up answers and relevant files, along with a brief summary of each file, so people can find what they need faster.
Additionally, Dropbox AI can use natural language to understand prompts like “show me photos from my photoshoot yesterday.” Customers can also now manage what AI features are enabled in account settings, giving them more control over their use of AI in Dropbox.
Dropbox AI is currently in alpha and is expanding to more customers today, with broader availability coming soon. To learn more, visit https://www.dropbox.com/early-access.

New Tools Help Users Continue to Move Work Forward All Within Dropbox

As digital ecosystems have become increasingly complex—with content scattered across a sea of browser tabs and apps—creators, solopreneurs, and distributed teams need a better way to organize everything and keep work moving. That’s why Dropbox has been focused on building and improving capabilities that support all of your cloud content and workflows.

Over the last year, the company launched several new features and product experiences to help you organize, find, and do more with your digital content. Today, it’s building on that momentum by introducing more new tools to help you move work forward faster and simplify the way you back up and recover your digital files.

Secure your digital life with Dropbox Backup

If you’ve ever spilled coffee on a laptop or had a computer crash for no apparent reason, you know the stress and heartbreak that come with losing your content. The newest iteration of Dropbox Backup is designed to take away those headaches. Building on Dropbox’s already popular backup functionality, Backup has been upgraded with new features, including a new restoration flow, settings to manage your backups on your computer, and more.

An easy-to-use alternative to other backup tools available in the market, Backup gives you the option of choosing a robust, standalone cloud backup solution from Dropbox, even if you don’t have a Dropbox account.

While cloud sync services can free up space on your hard drive and let you access, share, and collaborate on your content with others, Backup gives you extra peace of mind by automatically backing up a copy of your files and folders that can be quickly recovered from the cloud if needed. With Backup, you can make sure you’ve preemptively taken the steps you need to protect your most important files, such as photos, videos, and personal docs.

https://aem.dropbox.com/cms/content/dam/dropbox/blog/files/2022/april/april-5-launch/Backup_Simple-Computer-Backup_1440x960.mp4?_=1
  • Simplify your backup experience. Manage everything from your desktop—one place to check progress, view history, and prioritize specific files.
  • Be prepared with an automated safety net. Keep backed-up files separate from your shared files, so you won’t have to worry about overwriting your emergency backups.
  • Rely on fast recovery if things go wrong. Start recovery with just a few clicks, and your files will be automatically restored from cloud backup.

“Dropbox Backup is excellent. You can easily back up all the files that you want to, make changes anytime, choose which folders you want to back up, and access your files everywhere.” —Arvin Velarde

Dropbox Backup is available across all plans. Backup is also available as a standalone offering for new and Basic users, so even those who don’t yet have a Dropbox account can benefit. To learn more, visit dropbox.com/backup

Launch your digital business with Dropbox Shop

With the rise of the creator economy, more people are turning their passion into a business. Last year, Dropbox launched Dropbox Shop in private beta, and now it’s introducing updates to the experience. Available today in open beta, Shop lets content creators sell and share their digital content—right from Dropbox.

By enabling you to sell directly to your customers, Shop lets you maintain ownership and control over your business and audiences. The latest updates to Shop help you elevate and customize the way you bring your digital content to customers. With the new version, you can customize your storefront and URLs, embed HTML codes, and add tipping capabilities.

“What I really like about Dropbox Shop is that it’s very easy to use, and you can create a Shop very quickly. It allows me to focus on what I’m good at instead of figuring out the logistics of a new platform.” —Sally Schönack

Dropbox Shop beta is available today to individual users on Dropbox Basic, Plus, and Professional plans in the U.S. If you’re on a team account or outside of the U.S., you can sign up for the waitlist at experience.dropbox.com/form/shop-sign-up

https://aem.dropbox.com/cms/content/dam/dropbox/blog/files/2022/april/april-5-launch/Shop-Beta_1920x1080.mp4?_=2

Move work forward with HelloSign Templates, PDF Editing, and DocSend Dashboard Analytics

With HelloSign Templates, you can streamline eSignature requests by turning your most frequently used documents into templates directly from your Dropbox account. Create, save, and send Templates right from Dropbox to spend less time formatting those high-volume documents—such as NDAs, offer letters, SOWs or contracts—that you frequently send to different recipients.

You and your team can:

  • Create and edit reusable templates to prepare and send documents in a flash.
  • Track documents throughout the entire signing lifecycle and set automatic follow-up emails so no document ever falls through the cracks.
  • Automatically store and organize your signed documents within Dropbox, minimizing tedious manual work.

HelloSign Templates are available today to select Dropbox users in beta, and will be rolling out to all users in the coming weeks.

PDF files are one of the fastest growing content types on the Dropbox platform. In 2021 alone, the number of PDF files shared on Dropbox grew by 40%. Customers told the company that they needed a simple way to take action on these files without leaving Dropbox. Now, a new PDF Editing feature eliminates the time and hassle of creating multiple PDF versions and switching between different platforms.

  • Rearrange, insert, rotate, and delete PDF pages
  • Fill out interactive forms
  • Manage multiple version by saving PDFs as a copy or replacing the original

PDF Editing is available today to select users in beta, and will be rolling out to all users in the coming weeks.

Animation of PDF Editing in Dropbox
Before following up with contacts, you need to know exactly which content your audiences find most engaging. DocSend Dashboard Analytics provides data-driven insights to help you identify your most promising prospects and learn which content captured their interest. Dropbox’s new analytic tracking includes a list of your most-engaged contacts, a more detailed log of recent visits that’s refreshed hourly, and a new option to sort by views, page visits, and time spent on documents.
Dashboard Analytics is available today to all DocSend users.

Dropbox Introduces New Capabilities – Dropbox Capture, Dropbox Replay, Dropbox Shop

The sudden shift to remote work accelerated existing trends like the rise of the creator and freelancer economies, expansion of distributed teams and the increased use of rich media and video files. As more work is done in more places using more types of files, distributed teams and creatives need solutions that allow them to work anytime, from anywhere, across all their workflows. That’s why we’re introducing three new product experiences that help you do more with your content in Dropbox.*

Communicate clearly and save time with Dropbox Capture

For many, remote work has meant endless hours of video meetings, constant chat messages, and long emails in place of the kind of dynamic communication that comes from being in the same room. Customers who work across time zones have told us they need new ways to provide context for their content without adding more meetings and emails.
Dropbox Capture is an all-in-one visual communication tool that helps team members share their work and ideas asynchronously.
  • Replace lengthy emails and documents with short video messages to communicate with your team in less time
  • Bring clarity to your message by visually presenting your work through easy-to-take screen recordings, GIFs, and screenshots
  • Convey context and connect more deeply with personalized messages
  • Free up your calendar and avoid impossible meeting scheduling across timezones by recording and sharing status updates and work-in-progress with your team
Today, Capture is in beta across personal and business plans and can be accessed at dropbox.com/capture [LINK to https://www.dropbox.com/capture]
“I often struggle with time zones at my company because we operate internationally. It’s hard to share ideas, because there’s only so much you can get across over written messages. With Dropbox Capture, you can actually show the person what you’re looking at, point things out, and convey it with your own voice. This is so important in the workplace, where it’s easy to misunderstand text.”—Mackenzie Davis, a Dropbox customer in the consulting industry

Simplify video feedback with Dropbox Replay

Over the past two years, we’ve communicated over video more than ever. Billions of video files are added to Dropbox each year. And between 2019 and 2020, there was a nearly 50% increase in the number of video editing files added to Dropbox.
Meanwhile, getting sign off on video content has become more difficult when collaborators are working remotely. Large files, different video formats, and low bandwidth all add to the complexity. Teams tell us they need a tool to gather actionable feedback in one place so they can respond faster.
Dropbox Replay is a video collaboration tool that makes it easier to collect, manage, and respond to feedback, all in one place.
  • Easily share videos with your teammates so they don’t need to download the video or take separate notes in an email or a doc to provide feedback
  • Leave frame-accurate comments and annotations, even if you don’t have a Dropbox account
  • Avoid having to search email and chat threads from different collaborators—all feedback is documented in Replay
  • Bring the viewing room experience to life virtually through the Live Review feature, and bypass choppy playback on video calls
  • Confidently manage and track progress on all video projects
Replay is coming in beta soon. To join the waitlist, apply by signing up at experience.dropbox.com/form/replay-sign-up. [LINK to https://experience.dropbox.com/form/replay-sign-up]

Sell your digital content with Dropbox Shop

For years, content creators have relied on Dropbox to make remote collaboration easier. With the rise of the creator economy and new platforms for monetizing content, there’s even more opportunity for us to support the work of creators. If you have content you’re creating for a side hustle, hobby, or potential new business, why not take the first step and put it out there for sale?
Dropbox Shop lets you sell digital content creations you have stored in Dropbox.
  • Easily create product listings in three clicks. Add content directly from Dropbox or your computer, set a custom image, audio, or video preview, and determine your price
  • Automatically deliver content upon payment so you don’t have to manage facilitating payments and delivering content with customers
  • Share product listings directly with customers or via social media and maintain 100% ownership over your customer base
  • Keep your content safe with required customer email validation for additional downloads
  • Evaluate your listings with aggregate-level sales, views, and revenue analytics
Shop is coming in beta soon. To join the waitlist, apply by signing up at experience.dropbox.com/form/shop-sign-up. [LINK to https://experience.dropbox.com/form/shop-sign-up]

Dropbox storage data centres are powered by 100% renewable energy #Dropbox #DataCentres

Today, Dropbox is announcing that all of its data centre storage server power is covered by 100% renewable electricity.
Last year, Dropbox published its commitment to fighting global warming and reducing its carbon footprint through sustainability goals, that the company plans to accomplish by 2030.
As a company that runs on data centres, Dropbox recognises the impact that it has on global energy consumption – and today’s news means that means when you’re storing your data with Dropbox, you’re not leaving a carbon footprint.
The Dropbox Infrastructure team has worked hard to achieve this milestone through three focus areas: maintaining best-in-class power usage effectiveness, optimising overall power consumption, and sourcing more renewable energy.
Dropbox says

 

As a company that runs on data centers, we recognize the impact we have on global energy consumption, and we’re proud to announce that all of our data center storage server power is covered by 100% renewable electricity. This means when you’re storing your data with us, you’re not leaving a carbon footprint.

Our Infrastructure team has worked hard to achieve this milestone through three focus areas: maintaining best-in-class power usage effectiveness, optimizing

See the full report HERE

Dropbox’s New Features Simplify Remote Work and Personal Organisation

Dropbox is unveiling new updates to its product suite, as it continues to invest and build tools that support distributed teams and simplify collaboration.
When they introduced new features for distributed teams last year, many were already feeling the boundaries between work and home begin to blur. Since then, the future of work has been transformed forever – and when offices eventually start to reopen and communities return to “normal” – users will need tools to support them, both at home and at work.
To support users in staying organised at home by centralising, organising, and protecting personal content, they launched updates to:
Camera uploads: 
  • Significantly improved camera uploads to make its performance faster and more reliable. Starting today, camera uploads is available to all Basic users.
    • Automatically back up photos and videos from your mobile device to Dropbox, and access them on any device
    • Back up specific albums and customise how your photos and videos are saved (now available for iOS and coming soon to Android)
    • Save space on your phone by safely removing photos after backing them up

Dropbox Passwords:
  • They are now introducing several updates to make it even easier to store, sync, and share passwords:
    • Passwords browser extension: Capture and fill in logins and passwords as you perform online tasks
    • Passwords sharing: Securely share passwords and payments and stay on top of who has access to what accounts
    • Support for credit and debit cards: Save time by managing payments from your web browser and mobile devices
Dropbox is also creating a simpler experience that allows for quick access to content and workflows, with updates to the suggested folders, file conversion, a new navigation on the web and a simplified system tray.
More background on all of the latest features can found on their blog here

HelloSign Expands International Offering with Qualified Electronic Signature. #HelloSign #Dropbox #QES

Dropbox announced that HelloSign now offers Qualified Electronic Signature (QES) to further support customers doing business in the UK and European Union. QES meets the highest standard of security and authentication available in Europe, as the only type of electronic signature with the same legal value as a handwritten signature under electronic IDentification, Authentication and Trust Services (eIDAS).

 

“We recently expanded globally and brought our trusted eSignature functionality to businesses across the world in 21 additional languages,” says Whitney Bouck, COO of HelloSign. “We are so pleased to now bring our customers the option of adding QES to their agreements, providing even greater confidence as they build out their digital workflows and conduct business in the EU.”

While not a requirement for all agreements in the European Union, specific use cases require QES, making HelloSign with QES an appealing option as an incremental add-on for HelloSign Premium plan customers. Customers who add QES to their HelloSign Premium plan will be ready for any agreement that requires QES, which may include loan, lease and rental agreements, sales agreements, and employment contract termination. They will also be prepared for any new QES requirement that may lay ahead as their business grows.

Thanks to face-to-face identity verification provided by IDnow and digital certification from Trusted Service Provider (TSP) on the European Trusted List (EUTL) Namirial, HelloSign with QES delivers the highest standard of legally binding eSignatures. HelloSign chose to partner with IDnow and Namirial as leaders in identity verification and digital certification, which meet eIDAS standards and deliver a flexible and easy-to-use service that aligns perfectly with HelloSign’s secure and intuitive eSignature platform.

“European small businesses have been among the earliest adopters of digital workflows, understanding how ideal the likes of eSignatures are in the digital and distributed world we live in,” says Jim Lundy, Founder and Lead Analyst at Aragon Research. “eSignatures enable business agreements to be executed, without restriction by borders or the need to meet face-to-face, and the added layer of authentication provided by QES simply opens even more opportunities for business to grow.”

HelloSign Premium plan customers can add QES in increments of 100 (100, 200, 300, and so on) per year depending on their individual business needs, giving them the perfect balance of flexibility and security.

QES is now among several features HelloSign offers to promote security and compliance. To protect HelloSign user accounts, all user information is encrypted and passwords are additionally salted and hashed. Users can also use OAuth and SAML for efficient and secure single sign on. HelloSign offers two-factor authentication and can seal final documents so users can identify any changes (or lack thereof) made to post-signed documents. In addition, HelloSign meets stringent SOC 2 Type II, ISO 27001 & ISO 27018 compliance requirements.

Learn more about HelloSign here: https://www.hellosign.com/what-is-hellosign

Dropbox passwords soon free for all. #Dropbox #Dropboxpasswords

Last year, Dropbox Passwords was launched for all paid Dropbox plans to make signing in to websites and storing your passwords seamless. The Passwords app remembers your usernames and passwords on all your devices—so you don’t have to. And zero-knowledge encryption ensures only you know your passwords, not Dropbox.

Today they announce to help make the passwords experience easy for everyone, so in early April they are rolling out Dropbox Passwords to all Dropbox users. Now, with a free Dropbox Basic plan, you can try a limited version of Passwords.

With Passwords in Dropbox Basic, you can:

  • Store your 50 most important passwords in one secure place
  • Access passwords anywhere with automatic syncing on up to three devices
  • Securely share any password with anyone (coming soon)

Sign up here to be notified when Dropbox Passwords is available.

Dropbox to acquire DocSend. #DropBox #DocSend

Dropbox, Inc. , today announced it has entered into a definitive agreement to acquire DocSend, a secure document sharing and analytics company with more than 17,000 customers.
“Given the dramatic rise in remote work, there’s increased demand for digital tools that help people organize their content and seamlessly collaborate with each other,” said Dropbox Co-Founder and Chief Executive Officer, Drew Houston. “DocSend is a perfect complement to our product roadmap and we’re thrilled to welcome them to our team. 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.”
As work becomes more distributed, effective collaboration with external parties feels more siloed and results can be difficult to measure. DocSend gives customers visibility into what happens to their documents after they send them, adding a layer of intelligence on top of the scale and distribution of the Dropbox content platform. For example, client services teams and creative professionals who already rely on Dropbox to organize and collaborate on presentations and projects can use DocSend to deliver proposals and track engagement, and HelloSign to manage contracts and invoices. The combination of Dropbox, HelloSign, and DocSend will help customers across industries manage end-to-end document workflows—from closing deals to onboarding teams—giving them more control over their business results.
“Our roots are in helping startups navigate the fundraising process and empowering entrepreneurs to chase their dreams by giving them more visibility and control over the pitch process. As we’ve grown, we’ve realized that the ability to securely share content and engage with documents after they are sent offers powerful benefits to a variety of customer segments,” said Russ Heddleston, DocSend Co-Founder and Chief Executive Officer. “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.” 
Under the terms of the agreement, Dropbox will acquire DocSend for $165 million in cash subject to customary purchase price adjustments and closing conditions. The acquisition is expected to close in Q1 2021 and is expected to have an immaterial impact on 2021 operating results.