Singapore: Hatcher-backed Dropmysite rebrands itself as Dropsuite ahead of global push

Visual of Dropsuite.com homepage. March 2016

Singapore-based venture Dropmysite, a provider of cloud-based backup solutions for small and medium-sized enterprises founded in 2012, has rebranded itself to Dropsuite.

Dropmysite built its traction through a network of preferred reseller partners that enabled them to reach out to SMEs. The firm collaborates with major Internet firms such as GoDaddy, among the largest hosting companies worldwide, GMO Internet, a major website hosting firm in Japan and OzHosting in Australia. Dropmysite has sales presence in the US, Europe, Japan, and Australia.

The company, backed by global investors Hatcher and 500 Startups, is helmed by former Google and Dell executive Charif Elansari, who is driving its internationalisation and global expansion in his role as CEO and founder.

Targeting the global market, the rebranding exercise also comes with the launch of business continuity services – server backup and email archiving.

This development comes as Dropsuite seeks to establish leadership in the business continuity services sector, by providing simple, cost-effective solutions to SMEs to backup, recover and protect their digital assets.

Dropsuite has also launched a new solution, DSE Server Backup, which provides file-based server backup. DSE Server Backup is a business continuity tool that makes data backup and recovery quick and affordable for businesses. It looks to eliminate business risks caused by avoidable data loss through public or on-premise cloud integration of their software solutions.

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Elansari says: “Downtime and data loss is a massive issue, with a wide range of consequences, yet the backup experience for SMEs is often difficult and expensive. They are underserved by IT security programs and system architectures. We help SMEs recover and get back to business as quickly as possible, ensuring they are not out of business; it’s simply better backup.”

According to anti-virus software provider Sophos, around 30,000 SME websites are hacked daily, with British insurance firm Lloyd’s estimating that businesses lose around $400 billion to hackers per annum.

John Sharp, CEO of venture capital (VC) fund Hatcher, a Dropsuite investor, says, “Data backup for SMEs is a complex task, which Dropsuite has simplified.”

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.