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| Dropbox, Mobile Cloud Worth USD $10 Billion |
Valuation of mobile cloud storage services is directly bolted so to get additional capital injection of USD 250 million from new investors, BlackRock.
As quoted by Forbes , Wednesday ( 01/22/2014 ) , BlackRock became the largest investor with Goldman Sachs Dropbox also invest up to $ 250 million in 2011 , and made a valuation Dropbox directly penetrate the USD 4 billion .
In addition to the two companies, Dropbox also has other investors such as Sequoia Capital, Accel Partners and Index Ventures. Not to forget, there are still two individual investors who become financiers of this service, that Bono and The Edge, U2 group band.
With skyrocketing market cap Dropbox, as reported by the Wall Street Journal, has made this technology startup enterprise cloud so expensive. Nearest competitor, Box Inc., just only have valuations USD 2 billion or a fifth of Dropbox.
Dropbox is now serving 4 million user accounts; the plan will utilize an injection of fresh funds to finance its expansion in the software business. This step is prepared to compete with Microsoft and the expansion of the middle of the Amazon cloud to boost business. In addition to offering cloud services, Dropbox also provides online security system.
The end of 2013, Dropbox estimated to have an income of more than USD 200 million, up from the previous year of $ 116 million. Dropbox revenues continue racing given its revenue in 2011 and only $ 46 million.
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