Friday, December 6, 2013

Box.Nets Adds $100 Million in Funding, New Strategic Partners

Box announced $100 million in new venture funding and strategic partnerships with with Itochu Technology Ventures, Macnica, Mitsui USA, MKI, Telefónica Digital and Telstra.  Coatue, DST Global, and existing Box investors also participated.

Box offers a cloud-based content sharing platform with APIs enabling integration into enterprise applications and systems.

"The combination of cloud and mobile technologies creates an entirely new way of working that will fundamentally reshape the IT industry," said Aaron Levie, co-founder and CEO, Box. "Our new partners will help us connect and work with businesses in key global markets as they manage this transition."

Box highlighted a number of milestones, including:

  • More than 20 million users worldwide at more than 180,000 businesses.
  • Deployments with major global companies, such as Schneider Electric, Toyota Motor Sales, USA, Inc., Rosetta Stone, and eBay Inc.
  • Opening offices in London, Munich and Paris
  • Appointing Katsunori Furuichi as President, KK Box Japan. Furuichi most recently serving as president and CEO of Verisign Japan.