Dropbox
Cloud storage and file synchronization service
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October 2024 | Houston announced the layoff of roughly 528 employees, representing 20% of the current workforce. |
April 2023 | Houston announced the layoff of approximately 500 employees, which is 16% of the current workforce. The company cited a growth slowdown and a need to acquire AI-focused skill sets. |
December 2022 | Dropbox announced the acquisition of form management platform FormSwift for $95 million. |
November 2022 | Dropbox announced an agreement to acquire key assets from Boxcryptor, a provider of end-to-end zero-knowledge encryption for cloud storage services. |
2021 | Dropbox expanded to 700 million users. |
October 2021 | Dropbox signed an agreement to acquire universal search company Command E. |
April 2021 | Dropbox officially launched its 'virtual first' remote workforce strategy, transforming the company's work approach to a primarily remote model. |
March 2021 | Dropbox announced the acquisition of DocSend, a secure document sharing and analytics product. |
February 5 2021 | COO Olivia Nottebohm left the company. In the same month, Dropbox announced plans to sublease much of its office space in preparation for a transition to remote work. |
January 2021 | Dropbox CEO Drew Houston announced the layoff of 315 employees, representing approximately 11% of the workforce. The company restructured to focus on top-level priorities. |
October 2020 | Dropbox announced its 'virtual first' initiative, planning to shift the company to a long-term remote working model in response to the COVID-19 pandemic. |
January 2019 | Dropbox acquired e-signature company HelloSign for a reported $230 million, its largest acquisition to date. |
July 10 2018 | Dropbox announced a partnership with Salesforce to improve brand engagement and team productivity. |
March 23 2018 | Dropbox went public on the Nasdaq, with its stock rising 42 percent to $29.89 on the first day of trading. The company had been profitable in the last three quarters prior to the IPO. |
February 2018 | Dropbox filed an IPO to be listed on the Nasdaq, with an initial intent to raise $500 million. |
June 2017 | The AdminX dashboard was redesigned with additional administrator functions like login duration controls, custom password strength parameters, and subdomain verification settings. |
April 19 2017 | Dropbox announced the shutdown of Hackpad, with notes to be migrated to Dropbox Paper on July 19. |
March 2017 | Dropbox renamed its Pro subscription to Dropbox Plus. |
March 2017 | Bloomberg reported that Dropbox secured a US$600 million credit line and was expected to file for an initial public offering (IPO). |
January 2017 | Dropbox introduced 'Smart Sync' for Business and Enterprise customers, allowing users to see all files in the Dropbox folder and download specific files on-demand. |
2016 | Dropbox achieved 500 million users. |
July 2016 | Dropbox introduced the 'AdminX' administrator dashboard for Business customers to provide improved control of company files and users. |
July 2015 | Dropbox acquired Clementine, an enterprise communication service. |
January 2015 | Dropbox acquired CloudOn, a mobile document editing and creation company, and established its first office in Israel. |
2014 | Dropbox raised financing from BlackRock Inc. and others, valuing the company at $10 billion. |
November 2014 | Dropbox partnered with Microsoft to integrate Dropbox and Microsoft Office applications on iOS, Android, and web platforms. |
May 2014 | Dropbox acquired Bubbli, a startup specializing in innovative 3D technology for mobile apps. |
April 2014 | Dropbox acquired photo-sharing company Loom and document-sharing startup Hackpad. |
2013 | Samsung pre-loaded the Dropbox mobile application on its Android devices and offered extra storage space for Dropbox users owning Samsung devices. |
November 2013 | Dropbox announced changes to 'Dropbox for Business', introducing the ability to connect personal and business Dropbox accounts on the same device with separate settings and features. |
July 2013 | Dropbox acquired Endorse, a mobile coupon startup. |
December 2012 | Dropbox acquired two companies: Audiogalaxy, a cloud music storage and streaming service, and Snapjoy, a photo aggregation and archiving platform. |
November 2012 | Dropbox reached 100 million users. |
September 2012 | Dropbox integrated with Facebook, enabling users in Facebook Groups to share files through the Dropbox platform. |
July 2012 | Dropbox acquired TapEngage, a startup specializing in tablet-optimized advertising collaboration. |
April 2012 | Dropbox announced that Bono and The Edge from U2 became individual investors in the company. |
October 2011 | Dropbox surpassed 50 million users. |
May 2010 | Drew Houston adopted the 'minimum viable product' approach after reading Eric Ries' Lean startup blog, focusing on releasing features incrementally to test customer appetite. |
This contents of the box above is based on material from the Wikipedia article Dropbox, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.