← Return to Dropbox, Inc.
Dropbox, Inc. Receives Series A Investment From Ali Partovi, Hadi Partovi, Sequoia Capital, And Others
| Date | Company | Series | Funding Amount |
| November 2009 | Dropbox, Inc. | A | $6,000,000 |
| Round Details | |
| Funding Amount | $6,000,000 |
| Board Seats Demanded | 2 seats |
| Investment Type |
|
| Company Age At Funding | 2 years |
| Investor | Investor Type | Investment | Stake Acquired |
| Ali Partovi | Angel / Individual | ||
| Hadi Partovi | Angel / Individual | ||
| Sequoia Capital | Venture Capital | ||
| Accel Partners | Venture Capital |
| Financials for Dropbox, Inc. | Valuation Multiples | ||
| Total Assets | N/A | V / A | |
| Stockholder's Equity | N/A | V / SE | |
| Revenues | N/A | V / R | |
| Net Income (Loss) | N/A | V / E | |
| Cash Flow | N/A | V / CF | |
| EBITDA | N/A | V / EBITDA | |
| Operating Income (Loss) | N/A | V / 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. |
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