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BN 11/19 05:01 Dropbox Said to Be Seeking More Than $8 Billion Value in Funding
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Dropbox Said to Be Seeking More Than $8 Billion Value in Funding 2013-11-19 05:11:09.664 GMT
By Hari Govind Nov. 19 (Bloomberg) -- Dropbox is seeking to raise $250m in new funding, in a round that would value it at >$8b, two people with knowledge of co.’s plans told Bloomberg’s Ashlee Vance. * NOTE: Dropbox was valued at $4b in Oct. 2011 financing * NOTE: Co. already raised $257m in total funding over past 5 yrs; past investors include venture firms Sequoia Capital, Accel Partners, and startup incubator Y Combinator * To see story, click here
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--Editor: Jan Dahinten
To contact the reporter on this story: Hari Govind in Mumbai at +91-22-6120-3646 or hgovind@bloomberg.net
To contact the editor responsible for this story: Jan Dahinten at +65-6212-1164 or jdahinten@bloomberg.net