backLINK

Earlier today GigaOm reported that Dropbox raised a new $7.25 million funding round over the summer (a number they derived from a SEC filing but that CEO Drew Houston wouldn’t confirm). We just spoke to Houston, who says that figure is wrong, and it’s off by nearly a year: Dropbox did close a Series A funding round, but it was for $6 million, and it was back in October 2008. And it was led by Sequoia, not Accel (though Accel did participate in the round). Previously, Dropbox raised a seed round from Sequoia that was $1.2 million in convertible debt (they also raised money through the Y Combinator program). Aside from the not-so-recent funding, Dropbox has been killing it lately. Houston tells us their membership numbers were up 25% in October, spurred in part by their new iPhone app . And the company also managed to gain

The full story can be found on TechCrunch