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From: Glenn Petersen	2/24/2014 4:07:05 PM
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Dropbox Round Finalized: $350M at $10B Valuation By Liz Gannes Re/code February 24, 2014, 12:46 PM PST The cloud storage company Dropbox today filed paperwork on its latest massive funding round, basically consistent with previously reported details. The round is $350 million at a valuation of $10 billion, the company confirmed. Though Dropbox would not say, the key investors are BlackRock, Fidelity and T. Rowe Price, as Re/code previously reported. Today’s SEC filing is for $325 million. An additional $25 million is being added by a strategic investor, said a source familiar with the company. While the filing said the company could raise up to $450 million, the source said it plans to stop at $350 million. In 2011, Dropbox raised $250 million at a valuation of $4 billion. recode.net

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