Drew Houston and Arash Ferdowsi founded Dropbox in 2007 to address the problem of files being stored on multiple devices without an easy way to access them anywhere. Their solution was an online storage platform that stores all files in one place and can be accessed from any device. This fulfilled an important need as people had no reliable service for centralized storage across multiple devices. Dropbox has since expanded to offer services for businesses through Dropbox for Business, allowing companies to have complete control over important information and user activity. They have grown significantly and are continuing to develop their business offerings.