Rumors have been swirling about the massive round Dropbox is raising.
Today, TechCrunch zeroed in on the final valuation and the lead investor. Index Ventures is leading a round that will give Dropbox a $4 billion valuation, says Mike Arrington.
The valuation falls at least $1 billion short of earlier reports. At one point Dropbox was rumored to be getting offers at $8 billion.
Wednesday, August 31, 2011
Dropbox Forced To Settle For $4 Billion Valuation After Markets Tank
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