Monday, April 2, 2012

U2's Bono, The Edge invest in Dropbox

NEW YORK (TheWrap.com) - Bono and The Edge, who make up half of a little band called U2, have invested in Dropbox, according to a tweet by the cloud storage start-up on Monday.

The company, which raised a $250 million investment around this past October, tweeted a photo of the two musicians with co-founders Arash Ferdowsi and Drew Houston.

"@Dropbox is excited to welcome Bono & The Edge as investors1 in Frankfurt, returning to the span cl. Thanks for the support and look forward to great things!" Dropbox tweeted.

Various reports value Dropbox at well more than $1 billion Last year's event starred span class='ysh. Bono has made major investments in technology companies through Elevation Partners, a private equity firm he co-founded that has invested in companies such as Facebook, Palm and Forbes.



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