A Brief History Of Dropbox, From Founding To Imminent IPO

Source: PitchBook, Dana Olsen
Photo: Data Sourced From PitchBook Platform

Dropbox is set to raise up to $648 million in its upcoming IPO, an amount greater than all of its equity funding rounds combined. The file-sharing company set terms for its public offering on Monday, taking another step in the march toward becoming the first big-name tech company to go public this year.

If Dropbox prices its IPO at the top end of its range, it will be valued at roughly $7.1 billion. That’s down about $3 billion from the $10 billion valuation it reached with a private financing in 2014. The company’s updated S-1 filing also notes that Salesforce, which participated in that 2014 funding round, will purchase $100 million worth of its stock in a private sale taking place immediately after the offering.

To visualize the numbers surrounding the high-profile IPO, we’ve put together this datagraphic.

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