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Dropbox raises USD 250 mln - report

Monday 20 January 2014 | 08:36 CET | News
Dropbox has raised about USD 250 million in a funding round that values the online-storage provider at close to USD 10 billion, two people familiar with the deal told the Wall Street Journal. A BlackRock investment fund is leading the deal, which also includes previous investors. The company's valuation has more than doubled since late 2011, when investors valued the San Francisco-based company at USD 4 billion. The company also got a higher price than expected when it approached investors as recently as November. Dropbox raised USD 250 million in its 2011 financing from Goldman Sachs G and

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Categories: Internet
Companies: Dropbox
Countries: World
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