Box.net Lands $50,000,000 New Funding Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=019c07c8-e930-4f8b-9f40-34e48ecb4ff2&Preview=1 - Date
9/28/2011 - Company Name
Box.net - Mailing Address
220 Portage Ave. Palo Alto, CA 94306 - Company Description
Launched officially in March of 2006, Box.net currently provides secure online file storage and sharing functionality to over 500,000 registered users, serving files to millions of people across the world. Box.net’s unique platform allows personal and commercial content to be accessible, sharable, and storable in any format from anywhere. - Website
http://www.box.net - Transaction Type
Venture Equity - Transaction Amount
$50,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
The new funding will be used to add additional infrastructure, for research and product development and for hiring. - M&A Terms
- Venture Investor
Salesforce.com - Venture Investor
Undisclosed
