Dropbox expands Austin operations with investment from city

Courtesy of Dropbox.com

AUSTIN (KXAN) — Dropbox will add 170 positions to its downtown Austin office, with the help of a $5.5 million investment from the Austin Chamber of Commerce.

The expansion will add 170 sales and operations positions to it’s existing Austin workforce of 30. Sujay Jaswa, vice president of business at Dropbox, said they were drawn to Austin because it offers a “central, energetic” community and a “vibrant” tech culture.

The Austin Chamber of Commerce, and the City of Austin approved an incentive estimated at $244,500 over 10 years through its public-private economic development initiative Opportunity Austin. Earlier this month, the State of Texas awarded Dropbox a $5.5 million Texas Enterprise Fund grant.

Dropbox joins the growing list of global technology leaders who have corporate headquarters or regional offices in Austin. Dropbox offers solutions for business and individual use, allowing people to easily access and share documents, photos, and videos on any device, from anywhere in the world. Dropbox has over 200 million users and is currently used in over 4 million businesses.

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