Dropbox acquires document sharing platform DocSend for $165M

 Dropbox acquires document sharing platform DocSend for $165M

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Dropbox has announced plans to acquire DocSend, a secure document sharing and tracking platform, in an all-cash deal worth $165 million.

Founded out of San Francisco in 2013, DocSend serves to bypass clunky attachments through a link-based document sharing approach that enables businesses to control file downloads and deactivate access any time, while also gleaning real-time insights on engagement. Moreover, it allows companies to ensure that the version of a file it has shared is always up-to-date given that users access it from a location in the cloud.


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