VENTURE CAPITAL POST

Box, the cloud storage startup that rivals Dropbox, has filed an S-1 form with the US Securities and Exchange Commission for its initial public offering, VentureBeat reported.

San Francisco, US-based cloud storage giant Dropbox acquired Cambridge, Massachusetts-based stealthy workplace chat solution Zulip for an undisclosed amount to integrate its services into its product offering.

Dropbox has obtained an added $350 million in a Series C funding round from its existing investors and major mutual funds, TechCrunch reported citing a filing with the US Sec and a source who confirmed the fundraising.

Los Angeles, US-based graphics-rendering firm Otoy acquired San Francisco-based app-streaming startup AppSlingr for an undisclosed amount to make large applications run in the cloud using any device.

In 2010, China has blocked American cloud storage service Dropbox for an unconfirmed reason, but last week, the Asian country has once again opened its access to Dropbox, according to Tech In Asia.

France-based cloud storage service HubiC now has an updated product offering that consists of a 25GB free storage, 100GB for $1.35 (€1) every month, and 10TB for a $13.50 (€10) monthly fee.

San Francisco, US-based customer service software startup Zendesk is moving closer to an initial public offering (IPO) and has hired Morgan Stanley and Goldman Sachs to handle the transaction, according to a report.

San Francisco, US-based cloud storage service Dropbox inked a 12-year lease on a huge second office at 333 Brannan, just near its Berry St headquarters, to house the spillover of its 500-person workforce.

nCrypted Cloud, a service that encrypts shared data on Dropbox, Google Drive and others, raised $3 million from angel investors for its seed funding round, TechCrunch reported.

California, US-based cloud storage services provider Dropbox raised another $250 million in new funding two years after a previous $250-million round, further lifting the company's valuation close to $10 billion.

California, US-based file hosting service Dropbox is still dealing with service interruptions for 5% of its users almost 48 hours after an outage brought down the site.

Research firm CB Insights revealed in its latest report that IPO activity will most likely be the most active in the technology sector as over 500 companies have healthy trajectories and high valuations.

Enterprise cloud file storage hybrid Egnyte received $29.5 million in Series D funding to introduce itself to other international markets and to gain recognition in international markets like its rivals Box and Dropbox.

Jacob Cook's private cloud project ArkOS has beaten its funding goal of USD45,000 with a total pledge of USD45,189 from 859 backers with less than a week remaining in a self-hosted crowdfunding campaign.

Cloud storage firm Box has acquired startup dLoop for an undisclosed amount, to increase security using fine-grained data analytics technology, helping Box compete better for large enterprise clients.