72 backers already invested in the offering, whose total amount is $450m. Given this, $125m is the amount that remains to be sold.
The company is reportedly considering an IPO later in 2014.
Founded in 2007 by MIT students Drew Houston and Arash Ferdowsi, Dropbox provides a free service that allows users to bring photos, docs, and videos anywhere. The company’s solution is used by more than 200 million people globally.
It is hiring.