DateCompanySeriesFunding AmountStake Acquired
October 2011Dropbox, Inc.B$250,000,0007%
Round Details
Funding Amount$250,000,000
Valuation$4,000,000,000
Has Liquidation Preference?Yes
Has Anti-Dilution Protection?Yes
Investment Types
    Preferred Equity
Company Age At Funding4 years
Financials for Dropbox, Inc.Valuation Multiples
Total Assets N/AV / A    
Stockholder's Equity N/AV / SE    
Revenues 2011$240,000,000V / R16.7x
Net Income (Loss) N/AV / E    
Cash Flow N/AV / CF    
EBITDA N/AV / EBITDA    
Operating Income (Loss) N/AV / OI    
Business Description for Dropbox, Inc.

Dropbox, Inc. is a privately-held, venture capital-backed network storage technology company. Members can use the Dropbox service to store and share files from any computer or mobile device. Dropbox operates under a "freemium" business model, offering 2GB of space for free and charging a premium for additional storage space. As of 2011, approximately 4% of Dropbox users were paying subscribers. Dropbox was founded by Arash Ferdowsi and Drew Houston in 2007. Dropbox, Inc.'s headquarters are located in San Francisco, California.