Daily Briefing, Nov. 5
The new cash would value Jet, brainchild of Diapers.com founder Marc Lore, at $1.55 billion, and would keep the company from running out of money by the end of the year.
Jet sells household items like cleaners and toilet paper, along with food, electronics and pet supplies, and promises lower prices than Amazon on many items.
At its first user conference Wednesday, Dropbox rolled out new products aimed at big business clients, Dropbox Enterprise and Dropbox Partner Network.