Dropbox to Expand in Austin and Hire 170 Employees

imgres-1Dropbox plans to expand its office by 170 employees adding to its existing Austin workforce of 30.

Dropbox, based in San Francisco, provides an online storage box that allows people and businesses to exchange files including documents, photos and videos from anywhere.

More than 200 million people and 4 million businesses including BCBG, Kayak, National Geographic and Rockstar Energy use Dropbox and 1 billion files are uploaded to Dropbox every 24 hours. Last December, Dropbox struck a deal with Dell to create Dropbox for Business using Dell’s Cloud software and services.

“We are honored that Dropbox has decided to further its growth and investment in Austin,” Pete Winstead, Shareholder at Winstead PC and Chairman of Austin Chamber of Commerce’s Opportunity Austin, said in a news release. “Investments like Dropbox’s continue to facilitate the creation of good jobs and future prosperity for the Austin region.”

Austin’s central location, vibrant tech community and culture drew Dropbox to expand here, Sujay Jaswa, vice president of business at Dropbox, said in a news release.

“The city has been a welcoming home for us, with a great bunch of Austinites joining the Dropbox team,” he said. “We’re excited to expand our presence in the area as we continue to bring exceptional products and user experience to our customers.”

The Austin Chamber of Commerce through its initiative Opportunity Austin helped Dropbox expand here. The City of Austin also approved an incentive package worth $244,500 during the next 10 years. Earlier, the state announced Dropbox would receive a $1.5 million Texas Enterprise Fund grant.

“Not only does Dropbox bring with it international name recognition, this incentive provides quality job creation in the ever growing technology industry,” Mayor Lee Leffingwell said in a news release. “The competition to attract quality companies is stiff and I’m pleased that Austin is now one of the new homes to Dropbox, along with San Francisco and Dublin, Ireland.”


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