Secretive Storage Company Dropbox Took Sequoia Funding in 2007

Michael Arrington

J. Michael Arrington (born March 13, 1970 in Huntington Beach, California) is a serial entrepreneur and the founder of TechCrunch, a blog covering startups and technology news. Arrington attended Claremont McKenna College (BA Economics, 1992) and Stanford Law School (JD, 1995) and practiced as a corporate and securities lawyer at two law firms: O’Melveny & Myers and Wilson Sonsini Goodrich... → Learn More

Thursday, September 4th, 2008

Dropbox is one of those infuriating startups that just won’t show us much of what they’re up to beyond the basic user experience (see video). We first saw them at Y Combinator demo day in August 2007, and talked to them again in March when they went into private beta.

It looks like Sequoia was on them fast though. Last September, we’ve learned, the company raised a small $1.2 million round of financing from the fund, making it Sequoia’s second known investment in a YCombinator company (the other is Loopt).

Expect more news on Dropbox in the next week or two.

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