Deals
Dropbox Value Said to Be $10 Billion in BlackRock Funding
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Dropbox Inc., the provider of online document storage and collaboration tools, raised financing from BlackRock Inc. and others that values the company at $10 billion, said a person with knowledge of the deal.
BlackRock led the investment, which totaled $250 million, said the person, who asked not to be identified because the transaction hasn’t been announced. Dropbox, based in San Francisco, previously raised money in 2011 at a $4 billion valuation.