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TECHNOLOGY => Computing and Internet => Topic started by: ECTNews on Oct 20, 2011, 09:02 PM

Title: Dropbox Collects a Trunkful of Cash
Post by: ECTNews on Oct 20, 2011, 09:02 PM
 Dropbox has completed a $250 million Series B financing -- a windfall for a company whose fundraising up until now has netted $7.2 million. The financing was led by Index Ventures. Dropbox plans to use its new riches to accelerate its growth, make acquisitions, pursue partnerships and otherwise grow the company. This year it is already on track to triple its user base. Dropbox claims that it now  has more than 45 million users saving 1 billion files every three days on its service.

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