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Dropbox is claimed to file confidentially for IPO

Dropbox, the San Francisco file-sharing personal firm valued at $10 billion, has filed confidentially for an preliminary public providing, individuals accustomed to the matter mentioned.

Goldman Sachs Group and JPMorgan Chase & Co. will lead the potential itemizing, based on the individuals, who requested to not be recognized as a result of the submitting wasn’t public. Dropbox is speaking to different banks this month to fill further roles on the IPO, the individuals mentioned. The corporate needs to record within the first half of this 12 months, one of many individuals mentioned.

Representatives for Dropbox, Goldman Sachs and JPMorgan declined to remark.

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