Dropsuite increases its paid user base by 33% in under a month

Dropsuite ASX DSE paid user base increase

Cloud technology provider Dropsuite (ASX: DSE) has reported a sharp 33% increase in the size of its paid user database since mid-June.

The company’s paid user numbers, made up of small and medium sized businesses worldwide, now exceeds 400,000 – up from the 300,000 figure reported three weeks ago.

The growth has been attributed to Dropsuite’s expansion earlier this year into South America, where it entered into a reselling partnership with Brazil’s largest online content and digital services company UOL.

Under the terms of the agreement, UOL Brazil will sell Dropsuite’s fully-automated email backup solution to its domestic customers, rolling it out in stages to supported email systems such as UOL Mail, BOL Mail and Office 365.

Since announcing the partnership in April, Dropsuite has conducted an extensive marketing campaign targeted at UOL’s existing customer base, generating a large increase in paid users and revenue.

Dropsuite managing director Charif Elansari said the company’s geographical expansion has been a positive move.

“We are most encouraged by the global demand for our software and we expect this to continue as we work on new partnerships,” he said.

Email backup is your business insurance plan

Dropsuite delivers cost-effective, user-friendly backup and recovery solutions to small and medium businesses in over 100 countries.

The company partners with global names in the hosting and IT service provider market, including GoDaddy, the world’s largest domain name registrar, and Ingram Micro, the world’s largest distributor of computer and technology products.

Email backup and quick data recovery can act as an insurance plan to counter the high cost of business downtime resulting from ransomware attacks, accidental deletion of files or other unexpected data breaches including email loss.

At midday, Dropsuite’s share price had increased 25% to $0.12.

Imelda Cotton has over 20 years experience as a journalist and communications professional. She has spent the bulk of her career in the resources sector, having also worked directly with oil and gas majors and as a journalist covering a vast array of ASX listed companies within the resources, energy, science and health sectors.