For over a decade, Dropbox has been a staple of the cloud storage industry, despite hard competition from larger players like Google and Microsoft. All that time, the company has remained private, but that's about to change. Dropbox filed to raise $500 million in an initial public offering (IPO) yesterday, revealing previously-secret details about the company.
The filing revealed Dropbox had $1.11 billion of revenue in 2017, up 31% from 2016.
Read MoreDropbox looking to raise $500 million as company files for IPO was written by the awesome team at Android Police.
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