In January 2018, Dropbox raised $607 million in funding from investment firms such as BlackRock, Sequoia Capital, and T. The company has been profitable since 2014, and in 2017 it generated $1.1 billion in revenue. In 2012, Dropbox was ranked as the fastest-growing technology company globally by Forbes. The company is headquartered in San Francisco, California, and employs more than 1,800 people. With its simple interface, a Dropbox app, and comprehensive features, it’s no wonder that Dropbox has become one of the most popular cloud storage services available today. In addition, Dropbox offers both free and paid plans, making it affordable for individuals and businesses of all sizes. The service is available on various platforms, including Windows, macOS, Linux, Android, and iOS, making it accessible to a wide range of users. Dropbox’s success can be attributed to its ease of use, cross-platform compatibility, online storage, and competitive pricing.

In addition to its basic features, Dropbox also offers several paid options, such as additional storage space and enhanced security in mobile apps.Īs of March 2018, the company had over 500 million registered users, with over 200,000 new sign-ups each day. This makes it very convenient for file sharing between multiple devices and backing up important files. This means that any changes made to files in the Dropbox folder are automatically updated on the server, and vice versa. Dropbox lets users create a folder on their computer and then synchronize with the Dropbox servers.

It was founded in 2007 by two MIT students, Drew Houston and Arash Ferdowsi, who were frustrated with the hassle of carrying around USB drives with less storage space and emailing files to themselves. Dropbox is a popular file hosting service that offers cloud storage, file synchronization, and client software.

How does dropbox work 2018