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Dropbox Targets Deep-Pocketed Businesses To Increase Revenue


Ron Burgundy
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Drew Houston, Chief Executive Officer and founder of Dropbox, stands in front of the company's logo at an announcement event in San FranciscoBy Heather Somerville SAN FRANCISCO (Reuters) - A decade after its founding as a file-sharing business, Dropbox Inc is trying to become a new kind of company. On Monday, the highly valued digital storage firm unveiled two new products - file synch and content collaboration tools - as part of a years-long effort to build up its business offerings. Dropbox Chief Executive Officer Drew Houston said on Monday the company is projected to surpass $1 billion in annual revenue.




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