Chinese Internet giant Alibaba Group has acquired Kanbox, the personal cloud storage service sometimes referred to as “the Dropbox of China.” This marks Alibaba Group’s first personal cloud storage acquisition…

Alibaba Group Acquires Kanbox, A Personal Cloud Storage Service

Kanbox, China’s Dropbox, Raises $20 Million

10:00 am PDT • October 24, 2011

Kanbox, a Chinese cloud storage and sharing platform, has raised $20 million in Series B funding led by DCM with SIG China participating. The investment is part of DCM’s main…

Kanbox, China’s Dropbox, Raises $20 Million