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Dropbox has reportedly secured $500 million in financing

Cloud storage giant Dropbox has reportedly secured itself $500 million in debt financing

| Business, Financial & Legal News | Posted: Apr 7, 2014 10:37 am

According to a report by Recode, Dropbox has secured itself another $500 million in funding. Recode has said that it has confirmed the financial news with "sources close to the situation".

 

TweakTown image news/3/6/36831_03_dropbox_has_reportedly_secured_500_million_in_financing.jpg

 

The last time we heard about Dropbox's financial position, the cloud storage startup was valued at $10 billion, where it raised some $350 million in equity funding.

NEWS SOURCE
Techcrunch.com

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