He added that the size of the deal shows there is high demand for these kinds capabilities. The fact that HelloSign has solutions for things like real estate, insurance and customer/employee on boarding, plus the existing extension to Dropbox, means it can be leveraged quickly for revenue growth by Dropbox, Pelz-Sharpe explained. “Simple document processes that relate to small and medium business are still largely manual. Fast integrationĪlan Pelz-Sharpe, founder and principal analyst at Deep Analysis, who has been following this market for many years, says the fact it’s an Extensions partner should allow much faster integration than would happen normally in an acquisition like this. While Clark says the company will continue to encourage companies to extend the Dropbox solution, today’s acquisition gives it a capability of its own that doesn’t require a partnership and already is connected to Dropbox via Extensions. HelloSign was actually one of the companies involved at launch. This can also been seen in the context of the Extension capability that Dropbox added last year. That vision involves extending the storage capabilities that is at the core of the Dropbox solution. “It’s not just a thing to do one more activity with Dropbox, it’s really going to help us pursue that broader vision,” he added. ![]() ![]() “W hat is unique about HelloSign is that the investment they’ve made in APIs and the workflow products is really so aligned with our long- term direction,” Clark told TechCrunch. For him, the workflow capabilities that HelloSign added in 2017 were really key to the purchase. The company paid a hefty $230 million for the privilege.ĭropbox’s SVP of engineering, Quentin Clark, sees this as more than simply bolting on electronic signature functionality to the Dropbox solution. ![]() Dropbox announced today that it intends to purchase HelloSign, a company that provides lightweight document workflow and e-signature services.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |