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Dropbox Acquires DocSend to Share and Track Documents

Dropbox acquired DocSend for $165 million, to help customers share and track documents by sending a secure link instead of an attachment.

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.

According to Dropbox CEO Drew Houston, “We’re announcing that we’re acquiring DocSend to help us deliver an even broader set of tools for remote work, and DocSend helps customers securely manage and share their business-critical documents, backed by powerful engagement analytics.”

When combined with the electronic signature capability of HelloSign, which Dropbox acquired in 2019, the acquisition gives the company an end-to-end document-sharing workflow it had been missing.

“Dropbox, DocSend, and HelloSign will be able to offer a full suite of self-serve products to help our millions of customers manage the entire critical document workflows and give more control over all aspects of that,” Houston explained.

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