Dropbox acquires enterprise communication startup Clementine

23 Jul 2015 | Author: | No comments yet »

Dropbox Acquires Clementine, Adds More Muscle.

Clementine’s mobile software, which was launched last fall with backing from investors including Homebrew Ventures and Redpoint Ventures, offers conference calls along with voice service and text messaging for work without the use of personal phone numbers.Based on the official announcement that the company has published on its website, Dropbox has purchased enterprise communication company Clementine in an attempt to expand its customers’ support services.An official post on Clementine’s website notes that the deal has went through, and the company that was started in 2014, is now part of the Dropbox family.Dropbox’s acquisition of Clementine signals a greater emphasis on the new wave of comms and productivity apps currently occupied by emerging players like Slack and Wrike.

Founded in 2013 and launched in August 2014, Clementine offers messaging, conference calls, and voice calls within an enterprise environment, with an aim to helping companies make the most of mobile voice & text at work. “Our mission and passion for workplace collaboration remains the same. The deal is expected to turn very profitable for the two companies by adding 400 million users and 100,000 new businesses on their clients’ portfolios. The free portions of its app will remain active for current users until Aug. 31, it said. “Dropbox wants to be a player in the enterprise collaboration space, and I think they believe that they need to do more than synchronize files across devices,” said T.J. Clementine was formed two years ago by Samir Naik and Vinod Valloppillil, veterans from the mobile, enterprise and consumer worlds to combine the alphabet soup of unified comms trends such as BYOD, OTT and WebRTC. “We set out to reinvent messaging, voice, and conferencing for end users and IT alike.

Dropbox hasn’t yet commented on the acquisition, but Clementine took to its blog today to announce the news, saying that it is “excited” about the acquisition and the future that it holds. “Our stage will grow dramatically as Dropbox builds on our technology”. Dropbox has made a number of acquisitions over the last 12 months to build upon its services as part of a push to gain more enterprise customers, but an enterprise level messaging service doesn’t naturally make a lot of sense; was it simply a talent buy, or is Dropbox planning to add enterprise messaging to its service somewhere down the line? Thought leaders from the biggest brands and most disruptive companies will share winning growth strategies on the most pressing challenges marketing leaders face today.] Dropbox has acquired startup Clementine Labs, which developed an app that employees could use to make voice calls and exchange messages with one another. The services provided by the company however are not making the transition, with an announcement that it will shutter August 31st, and that customers will have to find alternative enterprise messaging services.

One such “adjacency” led it to the Dropbox badge, Keitt noted; now, the belief that it needs a real-time communication capability has led it to Clementine. It provided telephone conferencing and other features in iOS and Android apps through which one could get a business number to make unlimited calls and texts for $9.99 per month. The company boasts that, at the current moment, they are working with over 100,000 companies, offering full support, and all of the features their service provides. Who knows? until Dropbox says something officially as to what it’s thinking in terms of this acquisition it’s all pure speculation and guess wok at this stage.

Dropbox could use the additional functionality to become at least as useful as other cloud-based file-sharing apps with which it competes, including Box and Google Drive. The founders believe that this is the next step for the communications company and that Dropbox will surely help in taking the project to the next level.

We can’t find any records of Clementine ever having taken funding, so there’s a good chance the company may have been bootstrapped prior to acquisition. Other recent Dropbox acquisitions include voiceover startup Umano. “Our product targets the $10B/yr Enterprise Telephony space that’s *aching* to be disrupted by the right MobileFirst service,” the team wrote on its AngelList page.

Many features have already been inserted in Dropbox, including a two-stage identification process to increase account protection for larger companies that would like their online data to remain safe at all times. Cofounder and chief executive Vinod Valloppillil was previously an entrepreneur in residence at Redpoint, where he came up with the idea for Clementine. Given Clementine’s profile and services, we expect Dropbox to develop a similar platform for its customers; thus, making file transfers even faster. Keitt, senior analyst with Forrester notes that Dropbox has realized that the enterprise medium requires more variety, and companies that offer this kind of services will lead to a better workflow i.e bigger profits means more money.

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