TechCrunch reported in July 2011 that Dropbox had been looking to raise between US$200 and US$300 million, and had a valuation "to end up in the $5 billion to $10 billion range. [...] quite a step up from its previous funding rounds which have totalled a tiny $7.2 million". As noted in a Forbes article, Dropbox had "revenue on track to hit $240 million in 2011".
