Before Dropbox, moving files around meant painful emails, clumsy thumb drives and above all, impossible versioning. Together, Drew Houston and Arash Ferdowsi launched Dropbox to solve the difficult challenge of file syncing across operating systems, while building a simple user interface so users could be more productive with their data. Today, Dropbox is used by millions of businesses, and hundreds of millions of people globally.
Accel’s Sameer Gandhi originally seeded Dropbox post-Y Combinator, and co-led Dropbox’s Series A in 2008 upon joining Accel – he has been active with the board since. Accel has supported the company through subsequent rounds, and assisted on a variety of team building and acquisition efforts. Dropbox has raised more than $1 billion to date.