BetterCloud, the leading SaaS Operations Management (SaaSOps) platform, and Dropbox (NASDAQ: DBX), the world's first smart workspace, today announced a new strategic partnership.
The first phase of this partnership involves the development of BetterCloud for Dropbox, a deep integration between the two platforms which will provide advanced data protection and orchestration functionality for Dropbox teams. This new offering for Dropbox customers will allow businesses to enforce custom security policies, scan content for sensitive data, and automate critical processes.
Dropbox will resell and distribute BetterCloud for Dropbox as its preferred solution for enabling secure and faster adoption of Dropbox Business. As part of this partnership, Dropbox is making a $5M strategic financial investment in BetterCloud to fuel the growth and development of the platform and its commercial efforts.
"At Dropbox, we've always believed that users should be able to use the tools they love at work," said Quentin Clark, Chief Technology Officer at Dropbox. "We know this way of working also brings challenges, especially around how to efficiently and securely manage a best-of-breed toolkit. That's why we're excited to partner with BetterCloud to give our users powerful solutions to automate and centralise management of their unique SaaS environments."
This announcement is especially exciting because BetterCloud and Dropbox are both championing the same cause: enabling productivity in the enterprise through the use of best-of-breed SaaS applications," said David Politis, CEO and Founder of BetterCloud.
"To achieve this vision, we're jointly focused on helping users and IT manage the proliferation of tools that comes with this new way of working. Dropbox is doing it for end users with its smart workspace designed for an open ecosystem, and BetterCloud is complementing that with its SaaSOps platform that centralises and automates operations for IT."
BetterCloud for Dropbox will be generally available for purchase as an add-on SKU of Dropbox Business later this year.