Paris-based Pennylane, a maker of cloud-based accounting software that can import data from Stripe, Dropbox, and other services, raised €40M at a €1B+ valuation
Romain Dillet / TechCrunch :
Metronome, which offers APIs to help SaaS companies charge customers on a usage basis, raised a $43M Series B led by NEA, bringing its total funding to $78M+
a huge distraction from their product. Bri Kimmel / @briannekimmel : If you've ever worked on billing, it's anything but streamlined and delightful Congrats to Metronome for powering OpenAI, Anthropic...
Dropbox ends its unlimited option, capping its “all the space you need” storage plan to 5TB, after some abused the tier by pooling storage, reselling, and more
Brody Ford / Bloomberg :
Dropbox ends its unlimited option, capping its “all the space you need” storage plan to 5TB, after some abused the tier by pooling storage, reselling, and more
Brody Ford / Bloomberg :
Bay Area tech companies racked up ~$1B on real estate impairments in the pandemic for their vacated spaces; Dropbox took $416M, Salesforce $216M, Airbnb $149M
Ari Levy / CNBC :
Dropbox beats Q1 estimates with $511.6M in revenue, up 12% YoY, with 15.83M paying users, up from 14.59M YoY, and average revenue per paying user of $132.55
Stephanie Condon / ZDNet :
Dropbox says Dropbox Passwords, a management tool introduced in 2020 for businesses, will be free for Basic accounts starting in April, with a 50 password limit
Dropbox beats Q4 expectations with revenue of $504.1M, up 14% YoY, vs estimates of $498M, says it has 15.48M paying users, up from 14.31M YoY
Natalie Gagliordi / ZDNet :
Dropbox beats Q3 expectations with revenue of $487.4M, up 14% YoY, vs. estimates of $483.6M, says it has 15.25M paying users, up from 14M YoY
Natalie Gagliordi / ZDNet :
Dropbox launches a shared family plan with 2TB for up to six people for $17 per month
Dropbox is giving families and groups of friends the option to team up and get Plus perks for less than the price of two accounts. The service's Family plan is now available for $17 a month and gives...