“We’ve just been following the thread of external sending, which has just kind of evolved and opened up into all these different workflows. He even ran the idea for the company by Houston prior to launching in 2013, who gave it his seal of approval, and the two companies have been partners for some time. In fact, Heddleston worked for Dropbox as a summer in intern in 2010. Houston and DocSend co-founder and CEO Russ Heddleston have known each for other years, and have an established relationship. “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. 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. “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,” Dropbox CEO Drew Houston told me. The company helps customers share and track documents by sending a secure link instead of an attachment.
Dropbox announced today that it plans to acquire DocSend for $165 million.
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