Box (company)
| 150px | |
| Type | Public |
|---|---|
| Traded as | NYSE: BOX |
| Headquarters | Redwood City, California |
| Founder(s) | Aaron Levie, Dylan Smith, Sam Ghods, Jeff Queisser[1] |
| Key people | Aaron Levie (CEO) Dan Levin (COO, President) Dylan Smith (CFO) |
| Industry | Technology |
| Employees | 1250 (as of 2015)[2] |
| Website | www |
| Alexa rank |  559 (December 2015[update])[3] |
| Launched | 2005 in Mercer Island, Washington |
Box (formerly Box.net), based in Redwood City, California, is an online file sharing and content management service for businesses. The company uses a freemium business model to provide cloud storage and file hosting for personal accounts and businesses.[4] Official clients and apps are available for Windows, Mac OSX, and several mobile platforms. Box was founded in 2005.
Business model
Box is a cloud computing business which provides file-sharing, collaborating, and other tools for working with files that are uploaded to its servers. Users can determine how their content can be shared with other users.[5] Users may invite others to view and/or edit an account's shared files, upload documents and photos to a shared files folder (and thus share those documents outside of Box), and give other users rights to view shared files.[6]
Box offers three account types: Enterprise, Business and Personal.[7] There are official clients offered for Windows and OS X, but not for Linux. A mobile version of the service is available for Android, BlackBerry 10, iOS, WebOS, and Windows Phone devices.[8]
Box's enterprise clients include GE,[9] Schneider Electric,[10] and Procter & Gamble.[11]
In December 2007 the company announced OpenBox, which allows developers to create services that interact with files on both Box.com and competing web-based applications and services. The application programming interface is implemented over conventional XML.[12]
History
Box was originally developed as a college project Aaron Levie when he was a student of the University of Southern California in 2004. Levie left school to pursue the company full time in 2005. Levie became CEO, while his childhood friend Dylan Smith became CFO.
In July 2012, Box secured $125M in a funding round led by growth equity firm General Atlantic, joined by investors Bessemer Venture Partners, DFJ Growth, New Enterprise Associates, SAP Ventures, Scale Venture Partners, and Social + Capital Partnership.[13][14]
In December 2013, eight investors participated in a $100M series F funding round. Investors included Coatue Management, DFJ Growth, Itochu Technology Ventures, Macnica Networks Corp., Mitsui & Co, Telefónica Digital, Telstra, and Telstra Ventures.[15]
In July 2014, Box received $150M from Coatue Management and TPG Capital in a series G funding round.[16]
In November 2014, Box acquired two-man medical-imaging software startup MedXT for $3.84 million.[17]
See also
- Cloud collaboration
- Cloud storage
- Comparison of file hosting services
- Comparison of file synchronization software
- Comparison of online backup services
- Document collaboration
- Project management software
- Software as a service
References
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- ↑ By Jordan Novet, VentureBeat. “Box paid out $3.8M in stock to buy MedXT.” November 17, 2014. November 17, 2014.
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