Dropsuite

Last updated
Dropsuite
Company type Public
ASX:  DSE
IndustryInformation technology
Founded2012
Headquarters
Melbourne
,
Australia
Products
  • Backup and Archiving for Microsoft 365
  • Backup for G Suite Gmail
  • Back for QuickBooks Online
  • Backup and Archiving for GovCloud
  • Backup for Hosted Exchange
  • Backup for IMAP-POP
  • Backup for Open-Xchange
  • Email Archiving
  • Website Backup
Website www.dropsuite.com

Dropsuite Limited (formerly branded as Dropmysite) [1] is a software platform founded in 2011 that provides cloud backup, archiving and recovery services headquartered in Melbourne, Australia with offices and remote staff throughout the world. They are a public company listed on the Australian Securities Exchange (ASX:DSE). [2]

Contents

Originally, Dropsuite only provided website backup services, but expanded services to include Cloud Backup for Microsoft 365, Cloud Backup for G Suite Gmail, email archiving, QuickBooks Online backup, and GovCloud backup and archiving. Additional products include GDPR Responder, eDiscovery, Insights BI and Ransomware Protection. [3]

Corporation

Company History

Dropsuite began development under the name Dropmysite in September 2011 when John Fearon’s business website needed a backup solution[ buzzword ] and he couldn’t find a service that met his needs. [4] Fearon raised $300,000 in a first round of funding on a Singaporean television show called Angel’s Gate. [5] In 2012, he created an email backup service [6] called Dropmyemail. [7] On October 31, 2013, Charif Elansari took over as CEO. [8] In 2014, a smartphone backup service called Dropmymobile was launched. [9]

Dropmysite has local offices in the US, Singapore, Japan and India. [10] It has entered into partnership with Xpress Hosting, a web-hosting company in Mexico for getting access to 100,000 customers and 500,000 domains. [10] Dropmysite has also announced partnerships with GMO Cloud [11] and paperboy [12] in Japan. On October 3, 2015, GoDaddy launched a cloud backup service for websites powered by Dropmysite. [13]

In 2016, the company rebranded under the name Dropsuite. [14] On Dec 29, 2016, the company went public on the Australia Securities Exchange via a backdoor listing. [15] In 2017, Dropsuite entered into a distribution agreement with Ingram Micro. [16] On October 22, 2018, Dropsuite entered into a cloud distribution partnership with Pax8. [3] In 2019, DSD Europe announced a partnership with Dropsuite and is adding Dropsuite’s Microsoft Office 365 Cloud backup and email backup to their cloud backup services. [17]

In Jan-2025, NinjaOne announced the intended acquisition of Dropsuite, subject to shareholder and regulatory approval, for a total of about $252 million (USD); the deal is expected to close by mid-2025. [18]

Management team

The management team consists of people of different continents including Asia, Africa, and North America and Australia.

Investors

Dropsuite Limited (ASX:DSE) is a publicly listed company on the Australian Securities Exchange. [2] Originally, Dropmysite is a privately held technology startup that received seed funding for from Crystal Horse Investments, Stanley Street Labs and a few angel investors. [21]

Technology

The backend of Dropmysite was originally based on Amazon AWS Infrastructure. [4] Dropsuite provides data backup support to many country-locations in The Americas, Europe, Asia, and Africa. It utilizes Amazon Web Services data center support to ensure that data remains within country borders, if needed. [22] All user data is stored online and there are no user agents to download and install.

Dropsuite's cloud services protect users' information with military-grade 256-bit advanced encryption, allow legal grade email archiving and are compatible with Microsoft Office 365 and, G Suite Gmail, Hosted Exchange, Open-Xchange and most IMAP/POP email servers. [3]

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References

  1. ↑ Dropsuite. "Dropmysite Rebrands To Dropsuite, Targets Rapid Global Expansion". PRLog. Retrieved 2016-03-14.
  2. 1 2 "Share Price & Information - ASX". www.asx.com.au. Retrieved 2019-02-22.
  3. 1 2 3 "Dropsuite and Pax8 Empower MSPs to Backup to the Future". www.businesswire.com. 2018-10-22. Retrieved 2019-02-22.
  4. 1 2 "John Fearon: The South African start-up Entrepreneur making waves in Asia". Technology Africa. 30 March 2012. Retrieved 2 March 2013.
  5. ↑ Mahtani, Shibani (2012-04-20). "Singapore Start-Up Cashes In on Saving Emails". WSJ. Retrieved 2019-02-22.
  6. ↑ Press Release, "And the DEMO Asia 2012 awards go to...", 2 March 2012 Archived May 4, 2012, at the Wayback Machine
  7. ↑ "Backup Your Email With DropmyEmail : 650K Users In 2 Months, 20% From India". Pluggd.in. Archived from the original on 2013-02-18.
  8. ↑ "Dropmysite Appoints Former Google EMEA Exec Head as CEO". Channel Futures. 2013-10-31. Retrieved 2019-02-22.
  9. ↑ Faiz, Faiz A. (2014-10-07). "This App Stops You From Becoming An Instant Celebrity". Vulcan Post. Retrieved 2019-02-22.
  10. 1 2 "Singapore website targets Latin America". Investvine.com. 2013-03-04. Retrieved 2013-03-04.
  11. ↑ "The full-scale entry into Japan for Dropmysite through partnership with GMO Cloud through cloud backup services". CNET Japan.
  12. ↑ "Lollipop adopt technology from Singapore start-up, "Dropmysite"". TechCrunch Japan.
  13. ↑ "GoDaddy Launches Cloud Backup Service Powered by Dropmysite". Hosting Journalist.com. 2015-10-03. Retrieved 2019-02-22.
  14. ↑ Dropsuite. "Dropmysite Rebrands To Dropsuite, Targets Rapid Global Expansion". PRLog. Retrieved 2019-02-22.
  15. ↑ Pash, Chris (2016-12-29). "Singapore's Dropsuite debuts in backdoor ASX listing". Business Insider Australia. Archived from the original on December 30, 2016. Retrieved 2019-02-22.
  16. ↑ "Dropsuite expands U.S. cloud marketplace partnership with Ingram Micro". Proactiveinvestors UK. 2017-08-03. Retrieved 2019-02-22.
  17. ↑ "DSD Europe signe un partenariat avec Dropsuite Limited". Global Security Mag Online (in French). Retrieved 2019-02-22.
  18. ↑ "NinjaOne announces intent to acquire SaaS backup and data protection leader Dropsuite". SecurityInfoWatch. 2025-01-28. Retrieved 2025-01-30.
  19. ↑ "Sky News Interview with Theo Hnarakis" . Retrieved February 22, 2019.
  20. ↑ "Dropmysite gets new CEO, to launch smartphone backup service Dropmymobile". TechinAsia.
  21. ↑ "Dropmyemail Passes Half Million Users, is Working on Second Round of Funding". TechinAsia.
  22. ↑ "Dropsuite's AWS Data Center in Canada" . Retrieved February 22, 2019.
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