Dropbox is not only planning to raise $250 million in the next few weeks but is also reportedly seeking a corporate valuation of $8 billion. That’s more than double the valuation investors placed on the company the last time Dropbox hit the funding circuit back in 2011. The company has already raised $257 million in funding over the last five years. “What we can say is that with over 200 million users and 4 million businesses, Dropbox has continued a strong momentum,” the company said.
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Dropbox Shoots for the Moon
Posted by: Erika Morphy November 19, 2013 02:26 PMDropbox is not only planning to raise $250 million in the next few weeks but is also reportedly seeking a corporate valuation of $8 billion. That’s more than double the valuation investors placed on the company the last time Dropbox hit the funding circuit back in 2011. The company has already raised $257 million in funding over the last five years. “What we can say is that with over 200 million users and 4 million businesses, Dropbox has continued a strong momentum,” the company said.