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Dropbox Apparently Thriving

It also says a billion files are saved in Dropbox every 24 hours
By Maureen O'Gara
Article Rating:
November 18, 2012 04:00 PM EST
Reads:
 3,560

Dropbox has doubled the size of its user base to 100 million from a year ago. It also says a billion files are saved in Dropbox every 24 hours. It may be close to $500 million in revenues but rival Workshare, which eschews the freemium model, sniffs that paying users are distinctly different than free users - and the latter can actually be detrimental to business users by driving down security standards. Dropbox raised $250 million a year ago at a $4 billion valuation from investors including Index Ventures, Goldman Sachs, Sequoia, Greylock, Benchmark, Accel and others.

Published November 18, 2012 – Reads 3,560
Copyright © 2012 SYS-CON Media, Inc. — All Rights Reserved.
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Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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