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Cloud Storage Company Dropbox Announces New Service

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TMCnews Featured Article


November 16, 2011

Cloud Storage Company Dropbox Announces New Service

By Ed Silverstein, TMCnet Contributor


Dropbox (News - Alert), a company that is quickly attracting SMBs everywhere for its cloud storage operations, recently announced a new package for SMBs – the Dropbox for Teams. The service applies centralized billing and administrative tools to its main service of providing users with an easy way to upload and share files on the Internet.


Dropbox for Teams costs $795 a year with service for five users. Each additional user is $125. The basic plan offers 1,000 GB of storage. Each additional user will result in an addition of 200 GB of storage.

“With Teams, businesses can now enjoy administrative controls, centralized billing, phone support, and tons more space in addition to the Dropbox they know and love,” John Ying, a community manager at Dropbox, reports on the company’s blog.

“The company is aiming to bring its cloud-based, easy-to-use model to SMBs through the new solution,” adds a recent report from TMCnet.

Dropbox lets users can work offline or online from smartphones, tablets or other computers. Users can use Dropbox to share slides, documents and large files. Setup is easier with administrative controls, says the company. There is also “bank-grade” encryption, “unlimited” version history and phone support, the company adds.

Security is also a priority. The company said in a press release that encrypted files are stored on Amazon S3 in “secure data centers and also remain on users' Dropbox-synced computers for added backup.”

In its analysis of the new service, TMCnet says Dropbox for Teams “will compete with a number of other cloud-based storage solutions geared toward the SMB [small to medium business] market. Amazon currently offers the Amazon Cloud Drive, and Box.net and SugarSync have been gaining in popularity among small businesses. Apple's (News - Alert) recently launched iCloud will also offer competition.”

Several users of the service had positive comments. “(Moving to) Dropbox could be seen as a huge productivity increase,” Danny Beckley, executive director of the Charleston Symphony Orchestra, says in a press release. “It’s absolutely a time saver. If I leave the office early, I can see what my staff is working on when I get home and don’t have to ask anyone to email me files.”

"People in over a million businesses around the world trust Dropbox for its simplicity and reliability," Sujay Jaswa, vice president of business development and sales at Dropbox, adds in a press release. "Now, Dropbox for Teams will give businesses the control and freedom to rethink how they work."

The Dropbox service overall has over 45 million users in 175 countries. Since 2007, it got $257.2 million in funds from investors. Dropbox raised $250 million in Series B financing, with the money used to grow the company, acquire other businesses, form strategic partnerships and add employees, says TMCnet.


Ed Silverstein is a TMCnet contributor. To read more of his articles, please visit his columnist page.

Edited by Carrie Schmelkin







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