UPDATED 09:00 EST / OCTOBER 27 2011

Dropbox for Teams is Good for Business

File sharing and storage in the cloud is probably a top priority for businesses and consumers today, especially now that most companies are allowing use of personal devices in the workplace.  Everyone wants their office files available anytime of the day, even when they are out of the office.  And this is what cloud services are offering nowadays, along with added security to protect sensitive company files.

With all the hype surrounding cloud services for business use, Dropbox, one of the leading personal cloud storage services, is infiltrating the business world with Dropbox for Teams.

Dropbox’s vice president of business development and sales Sujay Jaswa and team lead for business and sales operation ChenLi Wang explained to PCMag what their new product has to offer.  They explained that their sudden interest in the business sector was from the requests and demands of their subscribers to come up with a cloud service for business use, as making multiple personal Dropbox accounts for employees to is quite expensive.

The free account only has 2GB of available storage, which can be increased every time a user successfully recruits another Dropbox user.  But 2GB is a really minute amount storage space for business use, and recruiting users isn’t always so easy.

So they came up with Dropbox for Teams to adress clients’ requests.  The service is available for $795 per year, and can be used by five team members.  It has a total of 1,000 GB storage (or 1TB of storage).  The best part about the Team service is that it also supports mobile access at no additional cost.  So members will be able to access their files on Windows or Mac computers as well as on their iPads, iPhones, Android and BlackBerry smartphones and tablets.

Dropbox still offers their Basic 2GB service for free, Pro 50 with 50GB storage for $9.99 per month, Pro 100 with 100GB storage for $19.99 per month.

Though Dropbox suffered a major glitch back in June when, for four hours, clients’ accounts were available for everyone to access with a password, they still managed to receive $250 million in Series B funding from Benchmark Capital, Goldman Sachs, Greylock Partners, Institutional Venture Partners, RIT Capital Partners, and Valiant Capital Partners.  The personal cloud space continues to grow, with competitor Box raising a significant amount of funds this year as well.

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