Dropbox Company History Timeline
Dropbox first appeared on the startup scene with its debut at Y Combinator Demo Day way back in the summer of 2007.
Drew co-founded Dropbox in 2007.
Dropbox was officially launched at 2008's TechCrunch Disrupt, an annual technology conference.
The Dropbox logo, which has become iconic by today, was first introduced in 2008.
Owing to trademark disputes between Proxy, Inc. and Evenflow, Dropbox's official domain name was "getdropbox.com" until October 2009, when it acquired its current domain, "dropbox.com". In October 2009, Evenflow, Inc. was renamed to Dropbox, Inc.
Owing to trademark disputes between Proxy, Inc. and Evenflow, Dropbox's official domain name was "getdropbox.com" until October 2009, when it acquired its current domain, "dropbox.com". In October 2009, Evenflow, Inc. was renamed to Dropbox, Inc. It surpassed the 1 million registered users milestone in April 2009, followed by 2 million in September, and 3 million in November.
A May 2010 report in The Wall Street Journal said that "since [founder Drew Houston] started reading Eric Ries' Lean startup blog about a year ago, the company has started trickling out new features when they are ready instead of waiting to launch a fully featured product.
LAN Sync discovers other peers on the same network via UDP port 17500 using a proprietary discovery protocol developed by early Dropbox engineer Paul Bohm in 2010.
Dropbox's mobile iPhone app release in 2010 was among the top 10 "best apps" selected by Alex Ahlund, former CEO of two websites focused on mobile apps, and the company's Android app was also selected as one of the top five "best apps" in a list compiled in 2010 by Jason Hiner for ZDNet.
The Dropbox headquarters, located in San Francisco, were originally on Market Street, until its expansion to the China Basin Landing building in July 2011, allowing for a significant space increase.
Founders Drew Houston and Arash Ferdowsi were named among the top 30 under 30 entrepreneurs by Inc. in 2011.
Apple launched its own cloud storage service later in 2011, iCloud, but this didn't hold back Dropbox's growth.
In April 2012, Dropbox announced that Bono and The Edge, two members of the Irish rock band U2, were individual investors in the company.
Even if Houston doesn’t sign up a single customer in 2012, his sales will double.
As the number of employees grew, the company again needed expansion, and in February 2014, it signed a lease for two buildings in Brannan Street.
In May 2014, Dropbox acquired Bubbli, a startup that has "built some innovative ways of incorporating 3D technology into 2D views, and packaging it in a mobile app".
In July 2014, Dropbox began migrating its performance-critical backend infrastructure to Go.
In 2014 Dropbox raised financing from BlackRock Inc. and others that values the company at $10 billion.
In August 2015, Dropbox announced the availability of "Universal 2nd Factor" USB security keys, providing two-factor authentication for logging into its services.
In October 2015, it officially announced Dropbox Paper, its collaborative document editor, in a reported effort to expand its operations towards businesses.
As part of its partnership with Microsoft, Dropbox announced a universal Windows 10 app in January 2016.
In March 2016, Dropbox had 500 million users.
In July 2016, Dropbox announced a new "AdminX" administrator dashboard for Business customers, offering improved control of company files and users.
In January 2017, Dropbox Paper was officially launched.
Dropbox later announced in April 2017 that Hackpad would be shut down on July 19, with all notes being migrated to Dropbox Paper.
Their latest funding was raised on Mar 30, 2017 from a Debt Financing round.
In February 2018, Dropbox filed an IPO to be listed on the Nasdaq.
Dropbox's stock rose 42 percent to $29.89 in its first day of trading on March 23, 2018.
On July 10, 2018, Dropbox announced its partnership with Salesforce aiming to improve brand engagement and team productivity.
Their most recent acquisition was HelloSign on Jan 28, 2019.
In January 2021, Dropbox CEO Houston announced the layoff of 315 employees, which is approximately 11 percent of the current workforce.
The software firm also announced that COO Olivia Nottebohm would be leaving the company on February 5, 2021.
In March 2021, Dropbox announced the acquisition of DocSend.
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Dropbox may also be known as or be related to Dropbox, Dropbox Inc, Dropbox Inc. and Dropbox, Inc.