Dropbox To Expand Israel Operations, Inaugurates New Tel Aviv Office
May 15, 2018 | Dropbox, the file hosting and cloud storage service headquartered in San Francisco, inaugurated its new Tel Aviv offices Tuesday on the 44th floor of the Azrieli Sarona Tower, the tallest building in Israel. Quentin Clark, Senior Vice President of Engineering, Product, and Design at the US Dropbox headquarters came to Israel to mark the event, alongside Meir Morgenstern, the Dropbox Israel Site Lead. During a presentation, the two spoke about the importance of the Tel Aviv office as an international R&D center and the growth of Dropbox in Israel and around the world. The company went public in the US in March this year and has room to double its size in employees in Tel Aviv as the company expands in Israel. “We’re here in Israel because of the talent,” Clark said during the presentation, “Dropbox can’t not be in Israel.” When asked what Israeli talent brings to the table, he mentioned military experience. “There is a very well-known educational system that goes beyond just university education,” he said. Currently, about 40 employees are working in the Dropbox Tel Aviv office, which is the second largest Dropbox presence outside of the US. The Tel Aviv office develops administrator controls and other features important to Dropbox Business customers. Dropbox first established its office in Herzilya in 2015, when it acquired the mobile productivity startup CloudOn, led by Morgenstern. Dropbox moved to the new Tel Aviv office about two and a half months ago, where it has offices next to neighbors like Facebook, Amazon, and Israeli market intelligence tool SimilarWeb. Dropbox currently has 12 international offices with 500 million registered users across 180 countries, and 2.5 million registered users in Israel. The company was founded in 2007 by Drew Houston and Arash Ferdow.