According to Kilroy Realty Corporation, its owner, this was a new high in the San Francisco commercial real estate market, as reported by Yahoo! Finance. It had reported a “one-off” loss of $398.2 million in its fourth-quarter report last year as the company made a decision to sublease most of its office space.įollowing that decision, Dropbox announced on Monday that the building it was leasing as its headquarters in San Francisco would be sold for $1.08 billion. I was so annoyed that I couldn't just download a simple slide deck or print to PDF, and taking so many individual screenshots would've been agonizing. By acquiring DocSend which allows customers to share and track documents using a secure link it’s giving its platform an end-to-end, secure document-sharing workflow. Dropbox already acquired electronic signature company HelloSign in 2019.
This is the first acquisition the company has announced since declaring its shift to a remote working strategy. Super simple to use - no frills, just the utility and nothing more Works like a charm. The big story: Dropbox acquires DocSend for 165M. “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.” I love how the email notifications alert me when someone is reviewing a proposal in real-time, which helps me prioritize strategic follow-up and insight on any potential questions. Heddlestone said: “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. DocSend shows us exactly which prospective clients are engaging with proposals and are interested in working with us. Russ Heddleston, DocSend co-founder and CEO, had interned at Dropbox over a decade ago before their paths crossed again in 2019 when the two companies became extension partners.
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