Dropbox Raising Massive Venture Round
The real news are the numbers we’re hearing from multiple sources close to the company. Dropbox is looking to raise between $200 million and $300 million according to these sources. In terms of valuation, thecompany has already had multiple offers at a valuation north of $2 billion range, and recently more informal discussions in the $8 billion-valuation range. Our sources expect the valuation to end up in the $5 billion to $10 billion range.
That’s quite a step up from its previous funding rounds which have totalled a tiny $7.2 million.
That’s quite a step up from its previous funding rounds which have totalled a tiny $7.2 million.Great news for Dropbox.
Incidentally, if you need a cloud storage/syncing solution that’s fast, easy, secure and open to integrations with all sorts of incredible apps, you’re missing out if you don’t look at Dropbox. I literally use it every single day to keep files accessible (and synced) across my Mac, iPhone, iPad and Windows 7 laptop. How many tools do you really rely on in your daily use? If you don’t use it already, Dropbox will become one of them.
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