The Dropbox and HelloSign integration lets you send files for eSignature, or eSign files yourself, without leaving Dropbox. The signed files automatically save to your Dropbox account.
Under the terms of the agreement, Dropbox will acquire HelloSign for $230 million in cash, subject to customary purchase price adjustments and closing conditions. The acquisition is expected to close in Q1 2019. Electronic signatures are so much better than dealing with paper. I was such a huge fan of HelloSign (both the company/team and the product) that I became an early investor. Assume DropBox can sell e-signing to a third of their business customers, that means HelloSign would be (relatively quickly) worth $50mm/yr in revenue to DropBox. This is before accounting for any sell-through of HelloSign to their 11mm paid individual accounts, or any sales at all at HelloFax. Dropbox announced today that it intends to purchase HelloSign, a company that provides lightweight document workflow and e-signature services. The company paid a hefty $230 million for the. Dropbox announced it has agreed to acquire HelloSign for $230 million.HelloSign has developed an electronic signature and document workflow platform. With the deal, DBX is seeking to.
Learn more about HelloSign in the HelloSign Help Center.
Connect Dropbox and HelloSign
When you send for a signature through Dropbox, you’ll be prompted to connect your Dropbox and HelloSign accounts and accept the terms of service. A free HelloSign account will be created with the email address you use for Dropbox. (If you already have a HelloSign account with the same email address as your Dropbox account, the accounts will be connected). After your accounts are connected, you’ll also be able to sign in to HelloSign.com by clicking Sign in with Dropbox.
Send for a signature or sign a file
You can send a file in Dropbox for a signature or sign a file yourself.
To send for a signature or sign a file on dropbox.com and the desktop app:
- Sign in to dropbox.com or open the Dropbox desktop app.
- Hover over the name of a file and click the check box that appears on the left.
- Click the arrow next to Share below the file thumbnail in the right sidebar.
- Click Send for signature.
- Choose who needs to sign.
- If you’re the only signer, click I’m the only signer.
- If you’re not the only signer, type their name and email address in the box. To add more signers, click Add another signer. To add yourself as a signer, click Add me as a signer.
- To request an attachment from any signer, click the paperclip icon next to their email.
- Drag and drop onto the document to add fields where the signer(s) will need to sign. Assign each field to a signer in the right sidebar.
- Note: Each signer must be assigned at least one non-date field before you can continue to the next step.
- Click Continue.
- Choose a file name and a Dropbox folder location for the signed copy of the file. (The original file won’t be renamed or moved).
- Click Continue.
- Add anyone you’d like to be copied on your email or an email message.
- Click Send for signature to confirm and send for a signature.
Once your signed files are complete, you and all signers will receive email confirmations. Your signed files automatically save back to your Dropbox account, in the location you chose for that file and in your connected HelloSign account. If you delete a signed file from either Dropbox or HelloSign, it’ll still be saved on the other.
In Dropbox, while a file is waiting to get signed, an in-progress PDF version of the file is saved in the location you chose named “[file name] (in-progress).pdf”. Once the file is signed, that file is replaced with a new, signed PDF file named “[file name] (signed).pdf”.
File types and sizes
Single files uploaded to be signed can’t exceed 40MB or 500 pages. Visit the HelloSign Help Center for all supported file types and file sizes.
Limitations and storage quotas
If the HelloSign account you connected to Dropbox is on the limited free plan (which is the default plan), you can make three document transactions per month. Learn more about the limited free plan and how to upgrade.
Signed files take up space in your Dropbox account. If you run out of space in your Dropbox account while a file is in progress (waiting on a signature), you’ll see an error message and the signed version of the file will only save on HelloSign.com and not in Dropbox. Learn how much storage space you have in your Dropbox account.
Admins: Manage the HelloSign integration for your team
Dropbox Business team admins can turn the HelloSign integration on or off for their entire Dropbox Business team.
To turn the integration on or off:
- Sign in to dropbox.com with your admin account.
- Click Admin console.
- Click Settings.
- Under Additional settings, click Send for signature.
- Toggle to On or Off.
Acquisition expected to improve document workflows for hundreds of millions of
“With over an exabyte of data on our platform, millions of people already use
Some of life’s most important moments require signing documents or completing forms — from opening an investment account or buying an apartment, to signing a major new customer or hiring a new employee. But even today, millions of people still rely on legacy pen and paper to complete these tasks, resulting in an inefficient and fragmented experience. HelloSign’s simple, easy-to-use product suite spans capabilities like eSignature and online fax with HelloSign and HelloFax, to fully customizable document workflow solutions with HelloWorks and HelloSign API — improving everyday processes while also helping customers close deals faster, onboard new hires with ease, and complete documents without errors.
“We waste so much time using clunky tools that were designed for yesterday’s work environment,” said HelloSign Co-founder and Chief Executive Officer
Under the terms of the agreement,
Forward Looking Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 related to Dropbox’s acquisition of
You should read any such forward-looking statements carefully, as they involve a number of risks, uncertainties and assumptions that may cause actual results to differ significantly from those projected or contemplated in any such forward-looking statement. Those risks, uncertainties and assumptions include the following possibilities, the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the parties to terminate the definitive merger agreement between the parties; the risk that the proposed transaction may not be completed in a timely manner or at all; the failure to satisfy any of the conditions to the consummation of the proposed transaction; the possibility that the anticipated benefits of the transaction are not realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of the two companies or as a result of the strength of the economy and competitive factors in the areas where
HelloSign simplifies work for millions of people. Over 80,000 customers world-wide trust the HelloSign platform – which includes eSignature, document workflow and online fax solutions with HelloSign, HelloWorks and HelloFax – to automate and manage their most important business transactions. For more information visit http://www.HelloSign.com
Hello Hellosign San Francisco
View source version on businesswire.com: https://www.businesswire.com/news/home/20190128005320/en/
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Dropbox Acquires Hellosign