Dropbox Closes Acquisition of DocSend


Dropbox, Inc., (NASDAQ: DBX) completed the previously announced acquisition of DocSend, a secure document sharing and analytics company with more than 17,000 customers.

The amount of the transaction was $165m.

The combination of Dropbox, HelloSign (already acquired), and DocSend will help customers across industries manage end-to-end document workflows—from content collaboration to sharing and e-signature—giving them more control over their business results.

DocSend enables companies to share business-critical documents and get real-time actionable feedback. With its security and control, startup founders, investors, executives, and business development professionals can build business partnerships that have a lasting impact. Over 17,000 customers of all sizes currently use DocSend.

San Francisco, CA-based Dropbox has more than 700 million registered users across 180 countries.