Dropbox has reportedly secured $500 million in financing
Cloud storage giant Dropbox has reportedly secured itself $500 million in debt financing.
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".
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
Newsletter Subscription
Similar News
- > NEXT STORY: Rare Quake Arcade Tournament Edition on EBay - 1 of 20?
- < PREVIOUS STORY: The Megalodon shark hidden in Battlefield 4 has been found