Our Latest Online Backup Reviews:Vembu SyncBlaze
Industry LinksTools and Graphs
More than 45 Million Users Saving One Billion Files Every Three Days
SAN FRANCISCO, CA, October 18, 2011 –/BackupReview.info/– Dropbox, a service that lets people bring their documents, photos and videos everywhere and share them easily, announced today that it has completed a $250 million Series B financing. The company will use the funds to accelerate its rapid growth, make acquisitions, pursue strategic partnerships, and grow the team. Dropbox has more than 45 million users saving one billion files every three days, and is on track to triple its user base in 2011.
The financing was led by Index Ventures and includes participation from new investors Benchmark Capital, Goldman Sachs, Greylock Partners, Institutional Venture Partners, RIT Capital Partners, and Valiant Capital Partners. Early investors Sequoia Capital, Accel Partners, and Hadi and Ali Partovi also participated. Dropbox has received a total of $257.2 million in funding.
“Our goal has always been to build a service that hundreds of millions of people would love and trust. We’re inspired by the consumers and businesses who depend on Dropbox, and we will continue to make sure that the world’s devices, services, and apps work together seamlessly,” said Drew Houston, co-founder and CEO of Dropbox. “We’re thrilled to have such world-class investors joining forces with us.”
“We are delighted to have led this financing and believe Dropbox has the potential to become an iconic technology company,” said Danny Rimer, general partner at Index Ventures. “Over the past four years, Dropbox’s talented team has created a great service with a very strong business model, and we look forward to helping the company build upon this outstanding foundation.”
General Tags: backing up online, cloud computing, online file storage, compare online backups, online backup providers directory, data storage, top rated online backups, data security, online backup reviews, software as a service, online backup companies, online file backup, online backup, online backup news, CEO interviews, online backup services, SaaS, online data backup
Like us on Facebook
Sponsored Links:Data Deposit Box Asigra Bacula Systems