Dropbox, valued at $4 billion by venture capital investors, is viewed as a hot prospect for an initial public offering within the next two or three years.ĭropbox said Wednesday it would let users store files in separate accounts in order to separate their personal and professional lives. The upgrades reflect the changing business focus at Dropbox - one of the most closely-watched privately held Internet companies - toward becoming a file-sharing solution for corporate customer, a critically important and lucrative market. The new features come at a time when large rivals like Microsoft Corp MSFT.O and Amazon Inc AMZN.O and smaller competitors are battling to win the cloud-storage market, which is widely seen as a strategic linchpin in the era of mobile computing. Drew Houston, CEO and Co-Founder of Dropbox, speaks on stage during a fireside chat session at TechCrunch Disrupt SF 2013 in San Francisco, California September 9, 2013.
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