Dropbox Raises $250M In Funding, Boasts 45 Million Users

Of course, now the question is: what are they going to do with this $250M? The only new feature that has really come out of Dropbox recently is the API, and even that has been in development for some time.

Impressive that Dropbox only raised 7.2 million before this round.

Congrats guys! I'm really pleased with Dropbox's success. It gives me encouragement to stay focused on solving unsexy but fundamental problems.

And they STILL cant offer users encryption.

Is iCloud going to be a threat for dropbox?

Congrats to Drew and the team! Dropbox is really a fantastic product.

I'm guessing the founders took a decent chunk off the table...

So when is Dropbox actually going to be profitable? If you have 45 million users and you can't be self-sufficient then maybe the business model doesn't work.