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They were doing just fine before, but the biggest of minority owners of Facebook are about to be catapulted into a far more elite bracket.

With $9 million in new funding, could lodging-search app Hotel Tonight could disrupt online travel agencies?

Online storage start-up Dropbox raised $250 million for its expansion, one of the largest fundraising rounds in Silicon Valley this year. Online storage start-up Dropbox announced it has raised $250 million for its expansion, one of the largest fundraising rounds in Silicon Valley this year. The investment values the company at $4 billion.

When business owners want a new logo, website, or graphic design work, it's often an arduous and intimidating process that can involve filtering through vast numbers of freelancers' portfolios. Enter 99designs , a four-year-old online marketplace that is quickly becoming to graphic design what Craigslist is to housing listings

At a Boston bus station in early 2007, Drew Houston opened his laptop to finish some work while waiting for his bus. As he turned on his computer, he froze. "I could see my USB drive sitting on my desk at home, which meant I couldn't work," the 28-year-old says.