(from The Schwartz Cloud Report)
It seems everyone wants a piece of the cloud storage pie.
Cloud storage provider Dropbox this week received a whopping $250 million infusion from Index Ventures, with new investors Benchmark Capital, Goldman Sachs, Greylock Partners, Institutional Venture Partners, RIT Capital Partners and Valiant Capital Partners also contributing.
Dropbox is the subject of a cover story in the Nov. 7 issue of Forbes, which recounts a meeting nearly two years ago between founder Drew Houston and Apple founder Steve Jobs, who apparently had an interest in Dropbox. Jobs, who passed away earlier this month after a long battle with pancreatic cancer, warned Houston that Apple was looking to develop a cloud storage service like Dropbox. That service, of course is iCloud, which debuted last week.
And yet another cloud storage high-flyer, Box.net, last week received $81 million from Salesforce.com, SAP Ventures and Bessemer Venture Partners. The infusion brings Box.net’s total amount of funding raised up to $162 million, giving it a reported $600 million valuation.
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