Dropbox now open for businesses

SAN FRANCISCO, USA: Online storage service provider Dropbox introduced Dropbox for Teams, aimed at businesses.

It comes with new administrative controls, centralized billing, phone support, and additional space, says the company in a release.

Also Read: Coming soon, Google Drive

"People in over a million businesses around the world trust Dropbox for its simplicity and reliability," said Sujay Jaswa, vice president, business development and sales, Dropbox. "Now, Dropbox for Teams will give businesses the control and freedom to rethink how they work."

With Dropbox for Teams, administrators get new features including centralized billing, phone support, and controls allowing them to add or delete users.

Dropbox for Teams is priced at $795 annually for five users, with additional seats available for $125 each. The base plan includes 1,000 GB of storage, and each additional seat comes with 200 GB.

Files are stored encrypted on Amazon S3 and also remain on users' Dropbox-synced computers for added backup.