
23 March 2018
Dropbox stores $756m from IPO
Existing investor Salesforce invested another $100m in a private placement, as the file storage platform floated above its range at an $8bn+ valuation.
Author: Robert Lavine, News Editor
US-based data storage and collaboration platform Dropbox will float in a $756m initial public offering on the Nasdaq Global Select Market today, alongside a $100m investment by enterprise software provider Salesforce.