Dropbox has been increasing its focus on enterprise lately and pushing for more streamlined integrations with other business-oriented services such as Salesforce. In the previous year, Dropbox unveiled a partnership with Google to let G Suite users store their data in Dropbox. DocSend is Dropbox’s second acquisition, several years after it paid $230 million for the e-signature startup HelloSign.
DocSend and HelloSign are both focused on managing remote documents and sharing documents fact, in the real sense, DocSend already offers built-in electronic signature capabilities. Dropbox co-founder, as well as CEO Drew Houston said in a press release that the goal is to bundle Dropbox, DocSend, and HelloSign together to create the “end-to-end suite” of products that include sharing, collaboration, and e-signatures, to assist companies “manage critical document workflows from start to finish.”
Dropbox adds DocSend to its Ecosystem.
With DocSend on its way, Dropbox will have an entire ecosystem of services that can be used to share, receive, and sign documents quickly and safely.
With the rapid growth in remote work, there’s a growing need for digital tools that aid users in organizing their content and collaborating seamlessly with each other. DocSend is an ideal addition to our roadmap for products, and we’re delighted to welcome them to the team. By bringing Dropbox, HelloSign, and DocSend together and integrating them, we’ll offer a range of self-service, secure products that will help users manage crucial document workflows from beginning to end.
DROPBOX TO ACQUIRE SECURE DOCUMENT SHARING STARTUP DOCSEND FOR $165M
Unlike DocSend, HelloSign zeros in on the more remote administration, i.e., remote management, remote administration, and the circulation of archives, even though DocSend includes functions for e-signature online.
In March 2013, Dropbox acquired a mainstream email application called Mailbox for $100 million. Mailbox Director of Business Gentry Underwood stated that rather than creating Mailbox independently, they’ve decided to work with Dropbox and develop it alongside Dropbox.
According to the agreement, the developers of Mailbox have joined Dropbox to keep Mailbox operating as an independent application.
Dropbox, which is secure for document sharing, Later Mailbox CEO expressed that they’re still fighting to keep track of the demand from users who require dropbox. Dropbox President Drew Houston expressed that they thought they could assist Mailbox in connecting with a new audience much faster.
What impact will this have on DocSend Users?
For the typical user, there will not be any significant change. However, it’s a different tale for those who work in the enterprise.
The rapid rise in remote work because of the pandemic could be a profit-making venture for Dropbox. DocSend gives users an unobtrusive method to browse and read documents. With HelloSign and DocSend working in combination, businesses can manage all their documentation tasks within Dropbox. Dropbox ecosystem.
Our roots lie in providing startups with guidance through the process of fundraising and encouraging entrepreneurs to pursue their goals by providing them with more control and visibility over the process of pitching. As our company has grown, we’ve learned that the ability to securely communicate content and interact with documents once they’ve been transmitted offers decisive advantages to various customer groups. When we join Dropbox and Dropbox, we’ll have the ability to expand quickly, making our ideas and capabilities available to millions of users across the globe who depend on Dropbox for their most valuable documents.