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January 19, 2014 06:35 am GMT

Investors Drop Big Money On Dropbox So It Can Beat Box

Dropbox Grows UpDropbox is raising between $250 million to $400 million at a $10 billion valuation according to the Wall Street Journal and Re/Code. Why? Because Dropbox has spent the last year rebuilding its product for businesses, and now its time to sell it. How? Because a source says Dropbox has been doing well and felt it had the buzz behind it to take advantage of an easy fundraising market.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/TEwsrxJYykA/

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