Dropbox

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.