Featured Articles

Hands on: Nvidia Shield Tablet with Android 5.0

Hands on: Nvidia Shield Tablet with Android 5.0

We broke the news of Nvidia's ambitious gaming tablet plans back in May and now the Shield tablet got a bit…

More...
Nokia N1 Android tablet ships in Q1 2015

Nokia N1 Android tablet ships in Q1 2015

Nokia has announced its first Android tablet and when we say Nokia, we don’t mean Microsoft. The Nokia N1 was designed…

More...
Marvell launches octa-core 64-bit PXA1936

Marvell launches octa-core 64-bit PXA1936

Marvell is better known for its storage controllers, but the company doesn’t want to give up on the smartphone and…

More...
TSMC 16nm FinFET Plus in risk production

TSMC 16nm FinFET Plus in risk production

TSMC’s next generation 16nm process has reached an important milestone – 16nm FinFET Plus (16FF+) is now in risk production.

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

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