Dropbox beat estimates in Q1 with first-ever net income of $39.3M on sales of $455M, up 18% YoY; number of paying customers rose to 14.6M from 13.2M a year ago
Dropbox Inc. reported its first-ever net income, in a quarter when demand for cloud software was bolstered by a shift to working from home.
Dropbox gave 3 top execs stock worth $190M in 2017: CEO Drew Houston got $109.6M, co-founder Arash Ferdowsi got $46.7M, engineering VP Quentin Clark got $34.1M
Dropbox Inc. granted about $190 million in stock awards to three top executives last year as the file-sharing company prepared for an initial public offering.
Dropbox says it is now cash-flow positive but not profitable, not in rush to IPO
Drew Houston said at the Bloomberg Technology Conference that the company is cash-flow positive. — Since attaining a $10 billion valuation from investors in 2014, Dropbox Inc. has become a symbol of...
Dropbox Hires Google's Woodside as Operating Chief
Company Veteran Was Motorola CEO Under Google — Dropbox Inc., the fast-growing online storage company, plans to name Google Inc. executive Dennis Woodside as its first chief operating officer, accor...
Dropbox Raises About $250 Million at $10 Billion Valuation
BlackRock Is Leading the Deal Alongside Previous Backers — Dropbox Inc. has closed on about $250 million in a funding round that values the online-storage provider at close to $10 billion, according...
Dropbox's revenue in 2012 was $116M and $46M in 2011
Dropbox Seeks Funding Round at $8 Billion Valuation … Online-storage service Dropbox Inc. is raising a funding round that could value it at more than $8 billion, according to people familiar with the ...
When Freemium Fails
A growing number of new businesses are following in the footsteps of successful companies such as Dropbox Inc., LinkedIn Corp., and Skype Inc., by giving away their products and services free to build...
Google Near Launch of Cloud Storage Service
Google Inc. is close to launching a cloud-storage service that would rival one of Silicon Valley's hottest start-ups, cloud-storage provider Dropbox Inc., according to people familiar with the matter....
Dropbox Partners With Softbank, Sony Ericsson for Growth in Asia, Europe
Dropbox Inc., the Web storage provider with 25 million users, signed deals with mobile carrier Softbank Corp. (9984) and handset maker Sony Ericsson Mobile Communications AB to attract more customers ...