The Los Altos, CA-based company Box has extended its most recent financing in a move that raised the round from an already enormous $125 million to a mammoth $150 million. Getting in on the Box action was lead investor General Atlantic, followed by Bessemer Venture Partners, DFJ Growth, Draper Fisher Jurvetson, New Enterprise Associates, SAP Ventures, Scale Venture Partners and Social + Capital Partnership. So what’s the big deal with this deal? The company, which offers a cloud-based platform for file storage and content sharing, is uniquely positioned for global expansion and plans to take on markets in Europe, Asia and Australia. Box is also reportedly preparing to file for an IPO as early as next year.
Los Altos, CA
Provider of cloud-based file storage and content sharing