Singapore’s Dropmysite Acquires US-Based Orbitfiles

Dropmysite Pte. Ltd. completed the acquisition of OrbitFiles.com, a cloud backup and sharing solution website.

With this purchase, Dropmysite adds a database of 235,000 signups and the wealth of their experience to its existing 676,000 users.

Dropmysite,an email, website and database backup solution in the cloud owns Dropmysite.com, Dropmyemail.com, and now OrbitFiles.com.

OrbitFiles.com is an US-based website that has been performing cloud backup for almost six years. It will be absorbed into Dropmysite, for an undisclosed sum, to improve its existing products and enlarge its user base.

"This acquisition will allow us to leapfrog forward in our product roadmap," beamed Vinoaj Vijeyakumaar, head of Product Development at Dropmysite.

"Our current growth is based mostly on first time backup users. With OrbitFiles’ established domain and huge user database, we will gain credibility and seasoned backup users," says Vijeyakumaar.

He goes on to say: "The feedback on user experience and user interface that we will gain will be invaluable as we proceed to build our next products."

OrbitFiles.com’s users were promised backup functions that they are accustomed to by downloading different backup programs. Dropmysite will be able to replace that with its 2-click backup process, but without an additional program to download.

Also, the purchase of a US-based website will improve visibility for Dropmysite in North America. Over the next few weeks, it aims to convert the majority of OrbitFiles.com’s signups over to users. Previously, the biggest market for Dropmysite has been Asia (largely due to India and Indonesia) followed by South America. As a large proportion of OrbitFiles.com’s signups are in the US and Canada, who are now to be added to Dropmysite, North America will likely becomes its second biggest market.

Dropmysite is signaling its intent to expand further in the cloud backup space with this acquisition. Currently backing up 170 million emails daily or 18TBs of memory and counting, it would be imminent that the 1 million-user threshold will be crossed.

Users are given storage space for free. Users can then purchase up to 10GB monthly/annual, priced as:

• 5GB – Pro 5, $0.99 per month or $ 9.99 per year;
• 10GB – Pro 10, $1.99 per month or $19.99 per year.

Users who invite friends receive an additional 2GB.

Seed funding for Dropmyemail.com has been provided by Crystal Horse Investments, Stanley Street Labs and individual investors.

Dropmyemail provides a service to backup emails and be able to migrate emails from one provider to another.