The latest round of funding values the startup at $10 billion, according to the Wall Street Journal. January 17, 2014 2:45 PM PST Dropbox's iOS app. (Credit: Screenshot by Jason Parker/CNET) Investors have poured another $250 million in funding into cloud-storage company Dropbox, the Wall Street Journal reported Friday. This means the 7-year-old company is valued at $10 billion. Investment firm BlackRock led the round of investment, unnamed sources told the Journal. Related stories Dropbox outage sparked by buggy server upgrade We've contacted Dropbox for comment and we will update if we hear back. This latest infusion of cash nearly doubles the amount Dropbox has raised from investors. The company has raised $257 million to date. Bloomberg reported in November that the company was seeking funding that would value the company at $8 billion. More than 200 million people and 4 million businesses use the file-sharing service.
The latest round of funding values the startup at $10 billion, according to the Wall Street Journal.
Dropbox's iOS app.
(Credit: Screenshot by Jason Parker/CNET)
Investors have poured another $250 million in funding into cloud-storage company Dropbox, the Wall Street Journal reported Friday.
This means the 7-year-old company is valued at $10 billion. Investment firm BlackRock led the round of investment, unnamed sources told the Journal.
We've contacted Dropbox for comment and we will update if we hear back.
This latest infusion of cash nearly doubles the amount Dropbox has raised from investors. The company has raised $257 million to date. Bloomberg reported in November that the company was seeking funding that would value the company at $8 billion.
More than 200 million people and 4 million businesses use the file-sharing service.
