Dropbox Raises $7.25M, Crosses 3M Users [GigaOM]
GigaOM Network —
... Over the summer Dropbox raised a $7.25 million Series A round from Accel, adding to $1.5 million in seed money it brought in from Sequoia Capital and Y Combinator in 2007. Accel’s Sameer Gandhi, who had previously led Sequoia’s investment and has since become a partner at Accel, led the round. We found out about the Series A via an SEC filing; Houston confirmed the funding had closed but said that the filing was not the final amount. Houston said the company had not yet disclosed its A round because up until last month it was in the ...
Dropbox Raised $6 Million Sequoia-Led Series A In October 2008
TechCrunch —
... raised a new $7.25 million funding round over the summer (a number they derived from a SEC filing but that CEO Drew Houston wouldn’t confirm). We just spoke to Houston, who says that figure is wrong, and it’s off by nearly a year: Dropbox did close a Series A funding round, but it was for $6 million, and it was back in October 2008. And it was led by Sequoia, not Accel (though Accel did participate in the round). ...

