Report: Dropbox Is Looking For Funding With $8 Billion Valuation

Posted Nov 19, 2013

There are reports that Dropbox is looking to be valued at $8 billion as part of a new round of funding.  According to BusinessWeek, Dropbox is looking to raise $250 million in the next few weeks.  The discussions are private so the sources did not reveal their identities.  This round would be more than double their last round that closed in October 2011.  Dropbox has raised a total of around $312 million so far.  Currently they have over 200 million users and 4 million businesses signed up.