Box, the Palo Alto-based provider of a content sharing platform, has launched the Box Innovation Network® (/bin), a new program designed to support the growth and development of future enterprise applications built on its platform.
Box is investing up to $2m within the first year of the launch to fund /bin members. The money will be used for equity investments, intellectual property acquisitions, and co-development of enterprise products.
/bin also consists of diverse platform partners including Appcelerator, Cloud Foundry, Heroku, Rackspace, SnapLogic, and Twilio, which will provide the members with the tools and services they will need to build applications using the Box APIs, but building on top of any of their platforms.
Founded in 2005 and led by CEO Aaron Levie, Box is backed by venture capital firms Andreessen Horowitz, Draper Fisher Jurvetson, Emergence Capital Partners, Meritech Capital Partners, Scale Venture Partners, and U.S. Venture Partners.