Box Receives Financing

boxBox, a Los Altos, CA-based cloud content management and collaboration platform, received a strategic investment of undisclosed amount.

The round, reportedly of $100m, values Box in the neighborhood of $2 billion.

Backers included Itochu Technology Ventures, Macnica, Mitsui USA and MKI, Telefónica Digital, Telstra, Coatue, DST Global, and existing investors Bessemer Venture Partners, DFJ and The Social+Capital Partnership.

The company will use the proceeds and the new partnerships to continue to expand globally, with the official launch in Japan expected in 2014.

Led by Aaron Levie, co-founder and CEO, Box provides a platform to access and share content on the web, through iOS, Android and Windows Phone applications, and partner applications, such as Google Apps, NetSuite and Salesforce.
The company, which has more than 20 million users worldwide at more than 180,000 businesses, already operates in London, Munich, Paris, in the Nordics, Benelux, Spain and Italy.



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