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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.