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Dropsuite

Australian software company From Wikipedia, the free encyclopedia

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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]

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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]

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Corporation

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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.

  • Chairman—Theo Hnarakis[19]
  • Non-Executive Director—Bruce Tonkin
  • CEO—⁣Charif El-Ansari[20]
  • CTO—Manoj Kalyanaraman
  • CFO—⁣Bill Kyriacou
  • CPO—Mark Kirstein
  • SVP, Sales and Marketing—Eric Roach

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]

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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

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