Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b55659c3-8340-4a25-b745-e4a60ab7e014&Preview=1
Date 2/24/2011
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.
Proceeds Purposes With the new round of capital, the startup plans to add more than 60 engineers and salespeople to its team of 140 by year-end, and will build new products designed for larger businesses, said Aaron Levie, chief executive officer of Box.
M&A Terms
Venture Investor Meritech Capital Partners
Venture Investor Emergence Capital Partners
Venture Investor Andreessen Horowitz
Venture Investor Draper Fisher Jurvetson
Venture Investor Scale Venture Partners
Venture Investor U.S. Venture Partners
Venture Investor Hercules Technology Growth Capital