SA国际传媒

What You Need To Know About The Dropbox IPO

Our long anticipated is over:聽聽has made its public debut. Founded in 2007, the company has proven itself as a major player in the software as a service (SaaS) industry. Its platform allows individual users and businesses to upload, edit, and share files in the cloud.

Since its inception, Dropbox has raised a total of $2.1 billion in funding through a total of 9 funding rounds. In 2001, with a pre-money valuation of $3.8 billion, the company raised $250 million in an early-stage,聽led by. But venture money can鈥檛 stay private forever, and ruminations on Dropbox鈥檚 IPO ambitions persisted for years.

The first hint at an IPO came in April 2014 when the company picked up a credit line of聽听蹿谤辞尘鈥攁 move some companies make before they file for public listing. That debt-financing round was followed by a聽聽in November 2014, which brought in another聽聽for the file sharing platform, putting IPO discussions on hold.

In March 2017, hopes for an impending IPO were raised yet again when the unicorn picked up another聽听蹿谤辞尘聽. Ultimately, 2017 faltered to be the year Dropbox went public.

Leading up to the announcement, SA国际传媒 News analyzed Dropbox鈥檚 worth, its competition, and potential outcomes from the IPO, and there’s more reporting to come. To stay up to date on the latest Dropbox announcements, bookmark this page for future updates, or follow聽SA国际传媒 News听辞苍听听补苍诲听.

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