Category Archives: Dropbox

Dropbox announces massive network expansion

 When Dropbox announced it was leaving AWS last year and bringing the bulk of the operation in-house, you had to figure it was working on a significant network expansion, and today the company announced a massive global network growth plan that is designed to increase syncing speed for users and cut costs for the company. The plan involves several approaches including custom-built… Read More

Dropbox updates its admin panel for Business users

 Dropbox might have gotten its start in the consumer market, but over the past several years it’s made huge steps toward getting enterprise users comfortable with using its products. It’s managed to sign up more than 200,000 Dropbox Business users, who need more advanced controls over how their employees can access and share sensitive files and information on the cloud  storage… Read More

Baby food delivery service Yumi launches with $4.1 million in seed funding

 Yumi, the Los Angeles-based baby food delivery service co-created by former TechCrunch and Wall Street Journal reporter Evelyn Rusli and Angela Sutherland is finally open for business, with $4.1 million in seed investment from VC firms Brand Foundry, August Capital and NEA, as well as several angels, including early Dropbox investor Ali Partovi, WordPress’s Matt Mullenweg, and… Read More

Box looks to woo Wall Street with its positive cash flow story

 Like Box’s last quarterly check-in, the company once again touted that it had free cash flow in the first quarter this year as part of its Q1 earnings report today — a signal that Wall Street may be looking for as a barometer of its future health as a company. Box in the last quarter said it would likely lose between 14 cents and 15 cents per share, though it looks like it came… Read More

Dropbox really wants us to know its finances are healthy

 We’re healthy enough to IPO but we’re not going to just yet — that was the subtext of an interview that Dropbox CEO Drew Houston had on Bloomberg earlier this afternoon. Houston asserted, for the first time, Dropbox is profitable on an EBITDA basis. EBITDA or Earnings before interest, tax, depreciation and amortization is a financial metric typically used to compare businesses. Read More

Dropbox is shuttering Hackpad, the collaborative document service it bought in 2014

 Cloud sharing giant Dropbox announced this week it will shutter document collaboration service Hackpad, which it acquired way back in 2014, next month. Unlike the usual (and inevitable) demise of a promising software startup following a corporate acquisition — ahem Microsoft; on at least two occasions — Dropbox deserves credit for letting Hackpad live on. Not only did it open… Read More

Houston, Kalanick and Zuck walk into a headline

 And a bar called SPiN, where photos of them playing ping-pong have the tech media in a great mood this Friday morning. The reason? At the same time as Houston’s ping pong birthday fun, SPiN was also holding a (wait for it… it’s totally worth it:) “Babes & Balls” party with “Breakfast at Tiffany’s” as the theme. Read More