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How Much Did Dropbox Raise? Headquarters, Funding & Key Investors

Dropbox has raised $607 million across venture and post-IPO financings, including notable post-IPO transactions such as an institutional placement tied to Elliott Management (Jun 08, 2021) and a $1.31B post-IPO transaction (Feb 24, 2021) reflecting large institutional activity. Founded in 2007, Dropbox built a cloud collaboration and file-storage platform serving consumers and enterprises with sync, sharing, security and content-workflow tools. Capital has been targeted at product expansion document editing, team collaboration, security controls and enterprise sales to deepen penetration into regulated and knowledge-worker environments.

    Dropbox provides cloud storage, file synchronization, collaboration and content-management tools that help teams create, share and secure files. Its product suite includes storage, PDF editing, file-level engagement analytics, document scanning, eSignatures, and API integrations that embed Dropbox into business workflows. The company has shifted toward productivity and collaboration features for enterprises adding admin controls, compliance, and content insights while preserving a simple user experience for individual users. Dropbox’s hybrid approach of consumer familiarity plus enterprise-grade controls positions it as a ubiquitous content layer for workplaces.

    What Is Dropbox and What Does It Do?

    Dropbox, founded in 2007 by Drew H, Arash Ferdowsi and Anjali Shiyal, is a San Francisco–based (United States) enterprise collaboration and cloud storage company that enables secure file hosting, content workflows and team collaboration. 

    The company employs 2,316 people and serves a mix of consumers, SMBs and large enterprises.


    Dropbox focuses on seamless file access across devices, secure sharing, document collaboration, and integrations into productivity ecosystems. Its roadmap emphasizes content intelligence, workflow automation, stronger security/compliance tooling and platform extensibility for partners and developers.

    How Much Funding Has Dropbox Raised?

    1. Post IPO

    • Amount Raised: $1.31B
    • Date: February 24, 2021
    • Lead Investors: Institutional participants
    • Motivation: Liquidity and balance-sheet activities at institutional level.

    Total Funding Raised: $607 Million

    Latest Funding Date: June 08, 2021

    Key Investors

    1. Sequoia Capital

    • Details: Veteran VC firm that backed Dropbox in early rounds.
    • Investment Focus Areas: Cloud, SaaS, marketplaces.
    • Notable Investments: Apple, Google, Stripe, Airbnb, Dropbox.

    2. Y Combinator

    • Details: Early-stage accelerator that supported Dropbox’s initial product-market fit.
    • Investment Focus Areas: Seed startups across consumer and enterprise.
    • Notable Investments: Airbnb, Stripe, DoorDash, Reddit, Coinbase.

    Where Is Dropbox’s Headquarters?

    Dropbox is headquartered in San Francisco, United States, with engineering and product teams distributed across global locations.

    What’s Next for Dropbox?

    Dropbox will continue pushing deeper into enterprise workflows strengthening security, content automation, collaboration features and platform partnerships while optimizing monetization through storage, collaboration tiers and partner integrations.

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