Featured Articles

HP Stream is a Chromebook killer priced at $200

HP Stream is a Chromebook killer priced at $200

We have been hearing reports of a new breed of affordable Windows notebooks for months. It is alleged that a number…

More...
AMD Radeon R7 SSD line-up goes official

AMD Radeon R7 SSD line-up goes official

AMD has officially launched its first ever SSDs and all three are part of AMD’s AMD Radeon R7 SSD series.

More...
KitKat has more than a fifth of Android users

KitKat has more than a fifth of Android users

Android 4.4 is now running on more than a fifth of Android devices, according to Google’s latest figures.

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 19 November 2013 14:44

Dropbox wants $250 million

Written by Nick Farrell



Don’t we all

Fast-growing file-sharing and storage outfit Dropbox is trying to raise $250 million in additional funding.

Dropbox is competing with Microsoft and Google as well as fellow startup Box in the fast-growing field of cloud storage. It wants the cash to improve its sales and engineering teams and acquire technology. If it scores the cash it needs the six-year-old company will be worth more than $8 billion.

Currently there is a tendency for Silicon Valley startups to be valued at astronomic values. Twitter is valued a $20 billion and yet to make a profit and Pinterest won a round of financing that valued the nascent website at $3.8 billion. Dropbox declined to comment on the funding rumours. The company was founded in 2007 by Massachusetts Institute of Technology graduates Drew Houston and Arash Ferdowsi.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments