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Cloud StorageService Dropbox Targets Businesses with 'Dropbox for Teams'

Dropbox has designed a new service targeted towards business users.

Dropbox, a cloud based storage service, allows people to store documents, photos, videos, and music online and access them from any device with an Internet connection.

The new Dropbox for Teams service expands on the free Dropbox service by adding administrative controls like adding and deleting users, centralised billing, and phone support. The company said that adding and updating files is fairly simple - files are updated across all Dropbox applications installed on devices.

The service is available to businesses at $795 per year for five users. Businesses will be able to add additional seats for $125 per user. The first five users will get storage space of 1,000 GB while additional users will have access to 200 GB of storage space.

"People in over a million businesses around the world trust Dropbox for its simplicity and reliability," said vice president of business development and sales at Dropbox, Sujay Jaswa.

"Now, Dropbox for Teams will give businesses the control and freedom to rethink how they work."

The company, which currently has 45 million users, said that the files stored on the platform will be encrypted using the Amazon S3 encryption system.