Dropbox, Inc.

Dropbox, Inc. develops cloud-based file storage, synchronization, and collaboration software for individuals and businesses. The company was founded in 2007 by Drew Houston and Arash Ferdowsi and incubated through Y Combinator. It is headquartered in San Francisco, California, and has operated under a company-wide remote 'Virtual First' work model since 2020.

Its flagship product is the Dropbox file sync and sharing platform, sold through Plus, Professional, and Business plans. The portfolio also includes Dropbox Sign, an e-signature service built from the 2019 acquisition of HelloSign; DocSend, a secure document sharing and analytics tool acquired in 2021; and Dash, an AI-powered universal search product introduced in 2023. Dropbox ended fiscal 2025 with 18.08 million paying users and reported full-year revenue of $2.52 billion.

Before going public, Dropbox raised roughly $607 million in venture funding from investors including Sequoia Capital and Accel, notably a $250 million Series B in 2011 and a $350 million Series C in January 2014; total funding including debt facilities is about $1.7 billion. The company listed on the Nasdaq in March 2018 under the ticker DBX, raising $756 million in its IPO. Following workforce reductions of 16% in 2023 and 20% in October 2024, it employed 2,113 people as of December 31, 2025. In May 2026, co-founder Drew Houston announced a leadership transition in which product chief Ashraf Alkarmi becomes co-CEO and later sole CEO, with Houston moving to executive chairman.